Intel (NASDAQ:INTC) Upgraded at Erste Group Bank

Erste Group Bank upgraded shares of Intel (NASDAQ:INTC) from a sell rating to a hold rating in a research note issued to investors on Monday morning, MarketBeat reports.

A number of other equities research analysts have also issued reports on INTC. Northland Securities raised their price target on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Loop Capital began coverage on Intel in a research report on Monday, July 21st. They set a “hold” rating and a $25.00 target price for the company. UBS Group lifted their target price on Intel from $25.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. JPMorgan Chase & Co. reiterated a “sell” rating and set a $21.00 target price on shares of Intel in a research report on Friday, September 19th. Finally, New Street Research boosted their price objective on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $25.23.

Intel Price Performance

Intel stock opened at $31.22 on Monday. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $136.65 billion, a PE ratio of -6.55 and a beta of 1.23. Intel has a 12-month low of $17.67 and a 12-month high of $32.38. The firm has a 50-day moving average price of $23.70 and a 200-day moving average price of $22.19.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the business earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research analysts forecast that Intel will post -0.11 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Verdence Capital Advisors LLC raised its stake in shares of Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after acquiring an additional 486 shares in the last quarter. Independent Wealth Network Inc. raised its stake in shares of Intel by 5.2% during the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after acquiring an additional 490 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of Intel by 23.1% during the first 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. HHM Wealth Advisors LLC increased its position in shares of Intel by 6.3% during the second quarter. HHM Wealth Advisors LLC now owns 8,384 shares of the chip maker’s stock worth $188,000 after purchasing an additional 497 shares in the last quarter. Finally, one8zero8 LLC increased its position in shares of Intel by 4.2% during the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock worth $280,000 after purchasing an additional 500 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Company Profile

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.