Intel (NASDAQ:INTC) Price Target Raised to $80.00 at Rosenblatt Securities

Intel (NASDAQ:INTC) had its price objective hoisted by Rosenblatt Securities from $65.00 to $80.00 in a research report released on Friday morning, Marketbeat.com reports. Rosenblatt Securities currently has a sell rating on the chip maker’s stock.

Several other analysts have also recently commented on INTC. Freedom Capital upgraded Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. HC Wainwright set a $150.00 target price on shares of Intel in a report on Monday, June 29th. Northland Securities cut shares of Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Susquehanna raised their price target on shares of Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Finally, Robert W. Baird boosted their price target on shares of Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $107.67.

Intel Stock Down 7.9%

INTC opened at $92.32 on Friday. The company has a market cap of $464.00 billion, a PE ratio of -43.75 and a beta of 2.18. Intel has a twelve month low of $18.97 and a twelve month high of $142.35. The company has a 50-day moving average price of $115.84 and a 200 day moving average price of $78.07. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.52% and a negative net margin of 19.79%.The company had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the business earned ($0.10) EPS. Intel’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts expect that Intel will post 0.65 earnings per share for the current fiscal year.

Insider Transactions at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.05% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intel

A number of hedge funds have recently modified their holdings of INTC. iA Global Asset Management Inc. increased its holdings in shares of Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC purchased a new position in Intel in the fourth quarter valued at about $205,000. Heritage Investment Group Inc. purchased a new stake in shares of Intel during the 4th quarter worth approximately $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in shares of Intel in the 4th quarter worth approximately $185,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after acquiring an additional 13,858 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

Intel Company Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.