JPMorgan Chase & Co. Upgrades Intel (NASDAQ:INTC) to Neutral

Intel (NASDAQ:INTC) was upgraded by stock analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued to investors on Monday, Marketbeat Ratings reports. The firm currently has a $85.00 price objective on the chip maker’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 8.56% from the company’s previous close.

A number of other research firms have also commented on INTC. The Goldman Sachs Group reissued a “neutral” rating on shares of Intel in a research report on Thursday, July 23rd. Zacks Research cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Needham & Company LLC restated a “hold” rating on shares of Intel in a research note on Friday, July 24th. Piper Sandler began coverage on Intel in a report on Wednesday, September 9th. They issued a “neutral” rating and a $110.00 target price for the company. Finally, Cantor Fitzgerald decreased their price target on Intel from $150.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twenty-seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $107.73.

Intel Stock Up 1.4%

Intel stock traded up $1.27 during mid-day trading on Monday, reaching $92.96. The stock had a trading volume of 74,571,518 shares, compared to its average volume of 115,949,734. The firm has a market capitalization of $468.89 billion, a PE ratio of -44.06, a price-to-earnings-growth ratio of 9.77 and a beta of 2.22. Intel has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The stock’s 50-day simple moving average is $102.82 and its 200-day simple moving average is $102.38. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the prior year, the firm earned ($0.10) earnings per share. Intel’s revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts forecast that Intel will post 1.05 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction on 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 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 ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

Large investors have recently modified their holdings of the stock. State Street Corp boosted its position in Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after acquiring an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Intel during the second quarter valued at approximately $10,507,291,000. Amundi grew its stake in Intel by 14.9% in the first quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock worth $1,719,710,000 after purchasing an additional 5,045,936 shares during the period. Bank of America Corp DE grew its stake in Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Intel by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 30,700,929 shares of the chip maker’s stock worth $1,354,832,000 after purchasing an additional 112,054 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Comments from SpaceX CEO Elon Musk about the scale and speed of the “Terafab” AI-chip project involving SpaceX, Tesla and Intel helped revive enthusiasm for Intel’s AI and foundry opportunity. Broader updates from SpaceX and Super Micro Computer also suggested that data-center AI demand remains strong. Intel Stock Rises After Musk’s Cryptic Terafab Comments
• Positive Sentiment: JPMorgan upgraded Intel to Neutral from Underweight, citing improved confidence in management execution. The upgrade is modest, but it removes a bearish recommendation after Intel’s recent selloff. JP Morgan Upgrades Intel Corporation
• Positive Sentiment: Intel’s reported second-quarter results showed improving fundamentals, with adjusted earnings of $0.42 per share and revenue of $16.13 billion, both ahead of consensus and substantially better than the prior-year period. Investors are also watching reports that Tesla could become a future Intel 14A foundry customer.
• Neutral Sentiment: Susquehanna lowered its price target from $115 to $105 while maintaining a Neutral rating. The revised target still implies potential upside, but the cut signals that analysts see limited near-term catalysts relative to execution risk. Susquehanna Revises Chip Price Targets
• Negative Sentiment: Intel’s Ohio fab remains a major concern. Reports describe a grim project milestone and continued uncertainty around the timing and economics of the buildout, reinforcing worries about the company’s costly foundry transition. Technical analysts also warn of further losses after the stock’s sharp retreat from its record high, while valuation-focused commentary argues that the shares remain expensive despite the decline. Intel Stock Gains Despite Grim Ohio Milestone

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.