Intel (NASDAQ:INTC) Trading 8.6% Higher – Still a Buy?

by · The Cerbat Gem

Intel Corporation (NASDAQ:INTC – Get Free Report) shares were up 8.6% during trading on Tuesday . The company traded as high as $43.68 and last traded at $43.47. Approximately 155,600,423 shares traded hands during trading, an increase of 52% from the average daily volume of 102,365,156 shares. The stock had previously closed at $40.01.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on INTC shares. Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Benchmark lifted their target price on shares of Intel from $43.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Rosenblatt Securities raised their price target on Intel from $14.00 to $25.00 and gave the company a “sell” rating in a report on Friday, October 24th. Loop Capital lifted their price objective on Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Finally, Bank of America reissued an “underperform” rating and issued a $34.00 price objective on shares of Intel in a research note on Monday, October 13th. Two research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $34.84.

Get Our Latest Analysis on Intel

Intel Stock Performance

The stock has a market cap of $207.66 billion, a price-to-earnings ratio of 4,351.35 and a beta of 1.31. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $36.87 and a 200-day simple moving average of $27.55.

Intel (NASDAQ:INTC – Get Free Report) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Intel

Several large investors have recently bought and sold shares of INTC. Federated Hermes Inc. increased its stake in shares of Intel by 2.1% in the 1st quarter. Federated Hermes Inc. now owns 166,238 shares of the chip maker’s stock valued at $3,775,000 after acquiring an additional 3,481 shares during the last quarter. Advyzon Investment Management LLC acquired a new position in Intel in the first quarter valued at about $333,000. Costello Asset Management INC lifted its holdings in shares of Intel by 2,355.4% during the 1st quarter. Costello Asset Management INC now owns 2,480 shares of the chip maker’s stock valued at $56,000 after purchasing an additional 2,379 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in Intel by 23.1% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after purchasing an additional 491 shares in the last quarter. Finally, Maxi Investments CY Ltd increased its stake in Intel by 162.9% during the 1st quarter. Maxi Investments CY Ltd now owns 67,017 shares of the chip maker’s stock worth $1,522,000 after purchasing an additional 41,530 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

About Intel

(Get Free Report)

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

See Also