Intel (NASDAQ:INTC) Stock Price Target Cut by TD Cowen

30 Oct 2026, 20:27 by Tristan Rich · The Markets Daily

Intel (NASDAQ:INTC – Get Free Report) had its price target reduced by equities research analysts at TD Cowen from $95.00 to $75.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “hold” rating on the chip maker’s stock. TD Cowen‘s price objective points to a potential upside of 15.61% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Northland Securities set a $93.00 price objective on Intel in a research report on Friday. Tigress Financial increased their price target on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, September 15th. Morgan Stanley set a $85.00 price target on shares of Intel in a report on Monday, October 19th. Stifel Nicolaus set a $90.00 price objective on shares of Intel in a research note on Friday. Finally, Cantor Fitzgerald lowered their target price on shares of Intel from $125.00 to $90.00 and set a “neutral” rating for the company in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $99.28.

Read Our Latest Analysis on Intel

Intel Trading Down 29.5%

NASDAQ:INTC traded down $27.20 during midday trading on Friday, hitting $64.87. The stock had a trading volume of 368,820,941 shares, compared to its average volume of 116,680,164. Intel has a one year low of $32.89 and a one year high of $142.35. The company has a market capitalization of $327.21 billion, a price-to-earnings ratio of -30.76, a PEG ratio of 10.14 and a beta of 2.22. The stock has a 50-day moving average of $101.63 and a 200 day moving average of $86.25. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.11. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The firm had revenue of $16.51 billion during the quarter, compared to the consensus estimate of $16.56 billion. During the same period in the previous year, the company posted $0.23 earnings per share. The firm’s quarterly revenue was up 20.9% on a year-over-year basis. As a group, sell-side analysts forecast that Intel will post 1.05 EPS for the current year.

Insider Activity

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Montgomery Financial Services LLC purchased a new stake in shares of Intel in the second quarter worth about $26,000. Next Level Wealth Planning LLC purchased a new position in Intel during the third quarter valued at approximately $28,000. Glynn Capital Management LLC acquired a new position in Intel in the second quarter valued at approximately $29,000. Knuff & Co LLC acquired a new position in Intel in the second quarter valued at approximately $29,000. Finally, Beaird Harris Wealth Management LLC boosted its position in Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel reported third-quarter adjusted EPS of $0.52, ahead of the $0.41 consensus estimate, while revenue rose 21% year over year to $16.51 billion. Data Center and AI revenue increased 78% to $7.3 billion, and Intel Foundry revenue grew 58%. Intel Surpasses Q3 Earnings Estimates on Robust Data Center Demand
Positive Sentiment: Intel agreed to acquire Israeli quantum-software startup Classiq Technologies for approximately $2.3 billion, targeting a full-stack quantum-computing business. The transaction is expected to close in the first half of 2027, although it adds to concerns about near-term spending. Intel Agreed to Buy Israeli Startup Classiq Technologies
Neutral Sentiment: KGI Securities upgraded Intel to “outperform” with a $95 price target, but most recent analyst actions were more cautious. Wall Street’s targets remain materially above the current trading level, indicating potential upside if Intel executes its turnaround.
Negative Sentiment: Intel forecast fourth-quarter revenue of $15 billion to $16 billion and adjusted EPS of $0.25, well below analysts’ expectations of roughly $17.3 billion in revenue and $0.45 EPS. Management said the PC slowdown arrived sooner and was deeper than expected and could continue through at least the first half of 2027. Intel Shares Tumble on Lower Profit, Weak Guidance
Negative Sentiment: AI-related demand is consuming chip capacity needed for PCs, while memory, wafer and substrate shortages are increasing costs and pushing PC prices higher. Investors are concerned that stronger server growth will not offset weakness in Client Computing, where revenue fell 5% in the third quarter.
Negative Sentiment: A blast at Intel’s Israel facility is expected to reduce revenue by about $600 million, with the ultimate insurance and production impact still uncertain. Analysts including Bank of America, Wells Fargo, DA Davidson, Truist and Roth Capital lowered targets or moved to neutral/hold ratings, citing weaker demand, manufacturing constraints, heavy investment and possible negative free cash flow. Intel Warning Sparks Chip Rout as PC Weakness Clouds Turnaround

About Intel

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Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.