Intel (NASDAQ:INTC) Trading Up 1.7% Following Analyst Upgrade

Intel Corporation (NASDAQ:INTC)’s stock price shot up 1.7% during mid-day trading on Wednesday after Piper Sandler upgraded the stock to a hold rating. The stock traded as high as $106.69 and last traded at $106.24. 95,741,287 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 117,751,773 shares. The stock had previously closed at $104.47.

A number of other analysts also recently weighed in on the stock. Cantor Fitzgerald cut their price target on shares of Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Wolfe Research assumed coverage on shares of Intel in a report on Thursday, June 11th. They set a “peer perform” rating for the company. Citigroup initiated coverage on shares of Intel in a research note on Tuesday. They issued a “buy” rating for the company. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, July 24th. Finally, Weiss Ratings cut shares of Intel from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $107.80.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by roughly 10% fueled expectations for better margins and demonstrated pricing power, although the benefit could fade if chip shortages ease. Intel May Raise Chip Prices 10% and the Stock Took Off
• Positive Sentiment: Northland upgraded Intel to Outperform and set a $120 price target, citing progress in the turnaround and tight server-CPU supply. Northland Upgraded Intel to Outperform
• Positive Sentiment: CEO Lip-Bu Tan recently purchased approximately $10 million of Intel shares, a signal of management confidence that may support investor sentiment. Intel Stock Retreats Following Multi-Day Surge
• Positive Sentiment: Investor attention is also returning to Intel’s advanced packaging opportunity for AI customers, potentially offering recurring revenue even if the company remains behind leading accelerator suppliers.
• Positive Sentiment: An Intel-backed Altera IPO could raise more than $2 billion, potentially highlighting the value of Intel’s strategic assets and providing a future valuation catalyst. Intel-Backed Altera Prepares IPO
• Neutral Sentiment: Piper Sandler moved to Hold after previously having a more negative view, while analysts remain divided on whether Intel’s operational improvement justifies its sharply higher valuation.
• Negative Sentiment: The stock’s powerful multi-session rally has encouraged profit-taking, and Mizuho cut its price target to $92 on valuation concerns despite improving server demand.
• Negative Sentiment: Intel continues to report GAAP losses, while Nvidia’s expanding AI-chip dominance and Mobileye’s ongoing losses remain broader concerns for the company’s growth narrative.

Institutional Investors Weigh In On Intel

Institutional investors and hedge funds have recently modified their holdings of the company. Sivia Capital Partners LLC increased its holdings in shares of Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock worth $766,000 after acquiring an additional 25,001 shares during the last quarter. United Bank bought a new position in Intel during the second quarter worth $205,000. Gamco Investors INC. ET AL boosted its position in Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after purchasing an additional 1,508 shares during the period. NewEdge Advisors LLC increased its holdings in shares of 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 during the last quarter. Finally, Sei Investments Co. increased its holdings in shares of Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after purchasing an additional 74,838 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Price Performance

The company has a market capitalization of $522.31 billion, a P/E ratio of -49.09, a price-to-earnings-growth ratio of 11.38 and a beta of 2.22. The company’s 50-day moving average price is $98.21 and its two-hundred day moving average price is $89.79. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the previous year, the firm posted ($0.10) EPS. Intel’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts expect that Intel Corporation will post 1.04 EPS for the current year.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.