Northland Securities Expects Stronger Earnings for Intel

Intel Corporation (NASDAQ:INTC) – Northland Securities raised their FY2026 earnings per share estimates for shares of Intel in a research note issued to investors on Thursday, October 29th. Northland Securities analyst G. Richard now expects that the chip maker will post earnings of $1.43 per share for the year, up from their previous forecast of $1.08. The consensus estimate for Intel’s current full-year earnings is $1.07 per share. Northland Securities also issued estimates for Intel’s Q4 2026 earnings at $0.64 EPS, Q1 2027 earnings at $0.55 EPS, Q2 2027 earnings at $0.61 EPS, Q3 2027 earnings at $0.71 EPS, Q4 2027 earnings at $0.83 EPS and FY2027 earnings at $2.68 EPS.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. The company had revenue of $16.51 billion for the quarter, compared to analysts’ expectations of $16.56 billion. Intel had a positive return on equity of 4.70% and a negative net margin of 20.09%. The business’s revenue was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 EPS.

A number of other equities analysts also recently weighed in on INTC. KeyCorp lowered their price target on Intel from $155.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday. Susquehanna reduced their target price on Intel from $105.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, October 30th. Robert W. Baird set a $83.00 target price on Intel in a report on Friday. HSBC restated a “buy” rating on shares of Intel in a research note on Friday, July 24th. Finally, Wall Street Zen downgraded Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $97.42.

Intel Stock Up 1.0%

Shares of INTC stock opened at $60.55 on Monday. Intel has a 52-week low of $32.89 and a 52-week high of $142.35. The stock has a market cap of $321.82 billion, a price-to-earnings ratio of 65.18, a PEG ratio of 6.25 and a beta of 2.42. The firm’s 50-day moving average is $99.97 and its 200-day moving average is $86.48. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.86 and a current ratio of 2.31.

Institutional Investors Weigh In On Intel

Several hedge funds have recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after purchasing an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA purchased a new position in Intel in the 2nd quarter valued at about $10,507,291,000. Amundi lifted its stake in Intel by 14.9% in the 1st quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock valued at $1,719,710,000 after buying an additional 5,045,936 shares in the last quarter. Bank of America Corp DE boosted its holdings in Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after buying an additional 8,342,514 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Intel by 0.4% in the 1st 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 buying an additional 112,054 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Insider Transactions at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chip stocks broadly bounced, providing a lift to Intel after its sharp post-earnings decline. Investors are also considering longer-term growth opportunities in data centers, foundry services and advanced packaging. Article: What’s Going on with Intel Stock on Tuesday?
• Positive Sentiment: Intel’s data-center sales reportedly surged 78%, and the segment generated more operating profit than its client business. Its third-quarter earnings also topped expectations, with revenue up year over year—evidence that AI and server demand remains a potential growth driver. Article: Intel Drops 31% in a Day as Data Center Sales Jump 78%
• Neutral Sentiment: Some commentary sees the steep selloff as a possible turnaround opportunity, while other analysts remain cautious. The rebound may therefore reflect bargain hunting rather than broad confidence that Intel’s recovery is on track. Article: Intel Stock Ticks Back Up
• Negative Sentiment: Intel’s soft fourth-quarter outlook and concerns about 2027 forecasts remain a key overhang. Weak PC demand, inventory cuts and a factory disruption are pressuring sales and margins despite server strength. Article: Why Is Intel Stock Crashing?
• Negative Sentiment: Intel expects another year without positive free cash flow, highlighting the cost and execution risks of its foundry turnaround. Article: Intel’s Cash Flow Problems Are Much Bigger Than You Think

About Intel

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.