Intel (NASDAQ:INTC) Reaches New 1-Year High After Better-Than-Expected Earnings

Intel Corporation (NASDAQ:INTC) shares reached a new 52-week high during mid-day trading on Friday after the company announced better than expected quarterly earnings. The company traded as high as $83.62 and last traded at $83.5050, with a volume of 24876217 shares changing hands. The stock had previously closed at $66.78.

The chip maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 0.51% and a negative return on equity of 0.44%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Blowout Q1 results and stronger-than-expected guidance: Intel reported $0.29 EPS vs ~$0.01 expected and $13.6B revenue (beat). Q2 revenue guidance of $13.8–$14.8B and EPS guidance above Street estimates signaled durable AI-driven server-chip demand and underpins the rally. Intel set for record high — Reuters
• Positive Sentiment: Tesla / 14A foundry validation: Elon Musk said Tesla will use Intel’s 14A process for its Terafab AI chips — a high-profile external customer that improves Intel’s foundry credibility and future revenue optionality. Musk lays out Terafab — Reuters
• Positive Sentiment: Wall Street turns more constructive: Several top analysts raised price targets and coverage became more bullish after the quarter, helping sustain momentum in pre-market and futures trading. Analysts raise targets — TipRanks
• Neutral Sentiment: Sector and index flow: Intel’s report boosted semiconductor ETFs and tech futures, lifting peers (AMD, Arm) in sympathy; that broad market dynamic is supporting the stock but may limit standalone moves. ETF/sector lift — Benzinga
• Neutral Sentiment: Investor debate on sustainability of gains: commentary ranges from believers (CPU “renaissance” driven by AI) to skeptics who say the rally has priced in a lot of the upside; expect volatility as investors reprice execution and foundry margins. Are expectations too high? — MarketWatch
• Negative Sentiment: Valuation and lingering sell-side skepticism: some firms (e.g., Rosenblatt) raised price targets but kept bearish ratings; concerns persist about whether foundry economics and long-term margins will meet current valuations. Rosenblatt target/rating — Benzinga
• Negative Sentiment: Macro and geopolitical risk: ongoing Middle East uncertainty and elevated oil prices are cited as potential drags on broader market sentiment — these factors could cap gains even as Intel-specific news is strong. Market context — Investopedia

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on INTC. Royal Bank Of Canada reissued a “neutral” rating on shares of Intel in a report on Tuesday. TD Cowen increased their price objective on Intel from $50.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, April 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Intel in a research note on Monday, December 29th. Mizuho boosted their target price on Intel from $48.00 to $59.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Finally, Citigroup assumed coverage on Intel in a research note on Tuesday. They set a “buy” rating and a $95.00 price target on the stock. Twelve investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $61.21.

Insider Buying and Selling

In related news, EVP David Zinsner purchased 5,882 shares of the business’s stock in a transaction dated Monday, January 26th. The shares were bought at an average price of $42.50 per share, with a total value of $249,985.00. Following the purchase, the executive vice president directly owned 247,392 shares in the company, valued at $10,514,160. This trade represents a 2.44% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, EVP Boise April Miller sold 20,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $49.05, for a total value of $981,000.00. Following the completion of the transaction, the executive vice president owned 113,060 shares in the company, valued at $5,545,593. This represents a 15.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.05% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Intel

Hedge funds have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC increased its stake in shares of Intel by 271.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after acquiring an additional 25,001 shares during the last quarter. United Bank acquired a new position in Intel during the second quarter valued at approximately $205,000. Gamco Investors INC. ET AL increased its stake in Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after purchasing an additional 1,508 shares in the last quarter. NewEdge Advisors LLC increased its stake in Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock worth $18,556,000 after purchasing an additional 74,838 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Trading Up 25.4%

The company’s fifty day simple moving average is $50.39 and its two-hundred day simple moving average is $44.00. The company has a market capitalization of $418.17 billion, a price-to-earnings ratio of -1,040.89, a price-to-earnings-growth ratio of 14.44 and a beta of 1.35. The company has a quick ratio of 1.65, a current ratio of 2.02 and a debt-to-equity ratio of 0.35.

About Intel

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.