Intel (NASDAQ:INTC) Stock Price Up 3.7% – Time to Buy?

by · The Cerbat Gem

Intel Corporation (NASDAQ:INTC – Get Free Report)’s share price was up 3.7% during trading on Monday . The company traded as high as $36.16 and last traded at $35.79. Approximately 103,225,304 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 102,642,438 shares. The stock had previously closed at $34.50.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Barclays increased their price objective on Intel from $25.00 to $35.00 and gave the company an “equal weight” rating in a research report on Friday, October 24th. Cantor Fitzgerald boosted their target price on shares of Intel from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Evercore ISI increased their price target on shares of Intel from $23.00 to $41.10 in a report on Friday, October 24th. Finally, HSBC boosted their price objective on shares of Intel from $24.00 to $26.00 in a report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $34.84.

Read Our Latest Stock Report on Intel

Intel Trading Up 2.7%

The company has a 50 day moving average of $36.30 and a 200 day moving average of $27.15. The firm has a market cap of $175.84 billion, a price-to-earnings ratio of 3,684.68 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.

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

Hedge Funds Weigh In On Intel

Several institutional investors have recently bought and sold shares of INTC. Vanguard Group Inc. lifted its position in Intel by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 390,829,684 shares of the chip maker’s stock worth $13,112,336,000 after buying an additional 4,925,949 shares in the last quarter. State Street Corp raised its stake in shares of Intel by 1.6% in the second quarter. State Street Corp now owns 203,617,629 shares of the chip maker’s stock worth $4,561,035,000 after acquiring an additional 3,168,824 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Intel by 1.8% in the second quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock worth $2,174,854,000 after acquiring an additional 1,760,773 shares during the last quarter. Capital World Investors lifted its position in shares of Intel by 32.5% during the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after purchasing an additional 21,230,715 shares in the last quarter. Finally, Primecap Management Co. CA grew its stake in shares of Intel by 4.3% during the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock valued at $1,798,679,000 after purchasing an additional 3,313,890 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Company Profile

(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