Intel (NASDAQ:INTC) Given New $32.00 Price Target at New Street Research

Intel (NASDAQ:INTC) had its target price lifted by New Street Research from $23.00 to $32.00 in a research report report published on Friday morning,MarketScreener reports.

A number of other equities research analysts also recently commented on the company. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research report on Friday. Citigroup reaffirmed a “sell” rating and issued a $29.00 price objective (up previously from $24.00) on shares of Intel in a research report on Friday. JPMorgan Chase & Co. reissued a “sell” rating and set a $21.00 price target on shares of Intel in a research report on Friday. Sanford C. Bernstein reissued a “market perform” rating on shares of Intel in a research report on Tuesday, August 19th. Finally, Roth Capital restated a “neutral” rating and set a $30.00 price objective on shares of Intel in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $25.23.

Intel Stock Performance

Shares of NASDAQ INTC traded up $0.18 during mid-day trading on Friday, hitting $29.76. 16,448,052 shares of the company were exchanged, compared to its average volume of 98,846,664. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The stock has a 50 day simple moving average of $23.29 and a 200-day simple moving average of $22.02. Intel has a 1-year low of $17.67 and a 1-year high of $32.38. The firm has a market cap of $130.24 billion, a price-to-earnings ratio of -6.24 and a beta of 1.23.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. During the same period in the prior year, the business earned $0.02 earnings per share. Intel’s revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts forecast that Intel will post -0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. N.E.W. Advisory Services LLC bought a new position in shares of Intel in the first quarter valued at approximately $25,000. HFM Investment Advisors LLC acquired a new position in shares of Intel in the 1st quarter valued at $25,000. Vermillion Wealth Management Inc. acquired a new position in shares of Intel in the 4th quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Intel in the 1st quarter valued at $27,000. Finally, West Branch Capital LLC acquired a new position in Intel in the 2nd quarter worth $28,000. Institutional investors own 64.53% of the company’s stock.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.