Intel (NASDAQ:INTC) Trading 8.6% Higher – Time to Buy?

Shares of Intel Corporation (NASDAQ:INTC) shot up 8.6% during trading on Tuesday . The company traded as high as $106.34 and last traded at $105.45. 102,703,909 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 120,375,922 shares. The stock had previously closed at $97.06.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: RBC’s preview note said Intel could beat Q2 revenue expectations, helping spark a broader rebound in semiconductor shares and lifting sentiment on the stock. Intel Jumps 6% on RBC’s Q2 Beat Call, AMD Rises 4%, Broadcom Climbs 3% as the Chip Rally Resumes
• Positive Sentiment: Intel announced a partnership with Fortinet that makes Fortinet the first named foundry customer under CEO Lip-Bu Tan, which investors are interpreting as validation of Intel’s foundry strategy and AI/security-chip ambitions. Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
• Positive Sentiment: Several reports say higher processor revenue, stronger data center/AI demand, and improving margins could support a Q2 earnings beat, which is encouraging buyers ahead of results. Will Higher Processor Revenues Boost Intel’s Q2 Earnings?
• Neutral Sentiment: Intel is expected to deliver a very large post-earnings swing, so traders are positioning for volatility rather than a guaranteed directional move. Intel (INTC) Will Report Q2 Earnings on July 23 — Here’s What to Expect from Analysts and Options Traders
• Negative Sentiment: Some articles still warn that Intel’s valuation is stretched and that the stock could be vulnerable if sentiment around semiconductors cools after earnings. Intel set to beat but valuation leaves it exposed to sentiment swings

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Roth Capital raised shares of Intel from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Friday, April 24th. Arete Research upped their target price on shares of Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a research note on Wednesday, June 10th. Evercore set a $95.00 price target on shares of Intel in a research report on Friday, April 24th. DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a report on Friday, April 24th. Finally, Tigress Financial boosted their price target on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $102.77.

Intel Price Performance

The company has a 50-day moving average of $117.14 and a 200-day moving average of $76.60. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a market capitalization of $529.99 billion, a price-to-earnings ratio of -170.08 and a beta of 2.18.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period last year, the company posted $0.13 EPS. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, research analysts anticipate that Intel Corporation will post 0.65 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Several hedge funds and other institutional investors have recently modified their holdings of INTC. Trust Asset Management LLC lifted its holdings in shares of Intel by 8.6% in the second quarter. Trust Asset Management LLC now owns 51,805 shares of the chip maker’s stock valued at $7,234,000 after purchasing an additional 4,090 shares in the last quarter. Ballast Inc. bought a new position in shares of Intel during the second quarter worth about $328,000. Regent Peak Wealth Advisors LLC grew its holdings in shares of Intel by 13.8% during the second quarter. Regent Peak Wealth Advisors LLC now owns 12,498 shares of the chip maker’s stock worth $1,745,000 after buying an additional 1,513 shares in the last quarter. Wedge Capital Management L L P NC acquired a new stake in Intel in the 2nd quarter valued at approximately $976,000. Finally, Abound Wealth Management lifted its stake in Intel by 74.8% in the 2nd quarter. Abound Wealth Management now owns 1,813 shares of the chip maker’s stock valued at $253,000 after acquiring an additional 776 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Company Profile

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.