TD Cowen Reaffirms “Hold” Rating for Intel (NASDAQ:INTC)

Intel (NASDAQ:INTC)‘s stock had its “hold” rating reaffirmed by TD Cowen in a note issued to investors on Thursday, Marketbeat reports. They currently have a $115.00 price target on the chip maker’s stock. TD Cowen’s price target indicates a potential downside of 9.73% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on INTC. Rosenblatt Securities raised their target price on shares of Intel from $65.00 to $80.00 and gave the stock a “sell” rating in a report on Friday, July 24th. DA Davidson increased their price target on shares of Intel from $77.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Jefferies Financial Group began coverage on shares of Intel in a research report on Thursday, June 11th. They issued a “buy” rating on the stock. Weiss Ratings downgraded shares of Intel from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, September 9th. Finally, Wall Street Zen downgraded shares of Intel from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $108.49.

Intel Stock Performance

INTC stock traded up $4.79 on Thursday, hitting $127.39. The company had a trading volume of 118,656,332 shares, compared to its average volume of 117,864,688. Intel has a 12-month low of $31.21 and a 12-month high of $142.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock’s 50-day simple moving average is $97.90 and its 200 day simple moving average is $93.85. The stock has a market cap of $642.56 billion, a price-to-earnings ratio of -60.37, a P/E/G ratio of 13.22 and a beta of 2.22.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (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 company had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter last year, the company posted ($0.10) earnings per share. The firm’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts expect that Intel will post 1.04 earnings per share for the current fiscal year.

Insider Activity at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by insiders.

Institutional Trading of Intel

Institutional investors and hedge funds have recently modified their holdings of the company. ABS Investment Management LLC bought a new stake in shares of Intel during the 2nd quarter valued at $694,101,000. Montgomery Financial Services LLC bought a new stake in Intel in the 2nd quarter valued at $26,000. Knuff & Co LLC bought a new stake in Intel in the 2nd quarter valued at $29,000. Glynn Capital Management LLC bought a new stake in Intel in the 2nd quarter valued at $29,000. Finally, Beaird Harris Wealth Management LLC increased its holdings in Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after acquiring an additional 223 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Investor enthusiasm around Meta’s Muse AI assistant helped revive the thesis that persistent AI agents will require substantial CPU orchestration and inference support. However, no Intel hardware purchase commitment has been confirmed. Why are Intel and AMD stocks rising on Thursday?
• Positive Sentiment: Intel also highlighted new micro-LED technology integrated with glass substrates, adding to investor interest in its efforts to improve chip design and expand its technology portfolio. Intel Stock Gains With New Micro-LEDs in Glass Substrates
• Positive Sentiment: The broader turnaround narrative remains supportive: Intel has discussed strong CPU demand and the potential to secure a major outside customer for its next-generation process technology before 2027. Investors are also watching possible strategic interest in its Ohio manufacturing site.
• Neutral Sentiment: Intel’s early decline reflected profit-taking and broader technology-sector pressure as Treasury yields climbed to multiyear highs. The subsequent recovery indicates that AI-related optimism temporarily outweighed macroeconomic concerns.
• Neutral Sentiment: Reported short interest was listed at zero shares, implying no measurable short-interest overhang. The figure may reflect incomplete or anomalous reporting and should not be treated as a fundamental catalyst.
• Negative Sentiment: Valuation is becoming a concern after Intel’s sharp rally. Its sales multiple has moved above the semiconductor-industry average, leaving less room for execution disappointments. Intel’s 293% Rally Is Putting Its Valuation to the Test
• Negative Sentiment: Analysts remain cautious: TD Cowen reaffirmed a Hold rating with a $115 price target, while Bernstein maintained Neutral. TD Cowen has warned that Intel needs stronger Products revenue, not only foundry growth, to justify further upside. Intel Rated Hold at $115 Price Target

Intel Company Profile

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.