Intel (NASDAQ:INTC) Price Target Raised to $35.00

Intel (NASDAQ:INTC) had its price target upped by Barclays from $25.00 to $35.00 in a research note released on Friday morning,MarketScreener reports. Barclays currently has an equal weight rating on the chip maker’s stock.

A number of other equities research analysts also recently weighed in on INTC. Truist Financial raised their price target on Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday. Northland Securities raised their price target on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Loop Capital started coverage on Intel in a research note on Monday, July 21st. They issued a “hold” rating and a $25.00 price objective on the stock. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a research note on Thursday, October 2nd. Finally, Morgan Stanley raised their price objective on Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $33.65.

Intel Stock Up 0.3%

INTC opened at $38.28 on Friday. Intel has a fifty-two week low of $17.67 and a fifty-two week high of $41.12. The business has a 50-day moving average of $30.37 and a 200-day moving average of $24.39. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market capitalization of $167.55 billion, a PE ratio of 3,831.83 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same period last year, the business earned ($0.46) EPS. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts forecast that Intel will post -0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Lakeshore Capital Group Inc. increased its position in Intel by 1.4% in the 3rd quarter. Lakeshore Capital Group Inc. now owns 20,906 shares of the chip maker’s stock worth $701,000 after buying an additional 279 shares during the period. Investors Research Corp increased its position in Intel by 0.7% in the 3rd quarter. Investors Research Corp now owns 40,597 shares of the chip maker’s stock worth $1,362,000 after buying an additional 300 shares during the period. Beaumont Financial Advisors LLC increased its position in Intel by 1.8% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 17,194 shares of the chip maker’s stock worth $577,000 after buying an additional 311 shares during the period. Sunflower Bank N.A. increased its position in Intel by 1.3% in the 3rd quarter. Sunflower Bank N.A. now owns 25,252 shares of the chip maker’s stock worth $847,000 after buying an additional 313 shares during the period. Finally, Institute for Wealth Management LLC. increased its position in Intel by 2.6% in the 3rd quarter. Institute for Wealth Management LLC. now owns 13,503 shares of the chip maker’s stock worth $453,000 after buying an additional 342 shares during the period. 64.53% of the stock is owned by institutional investors.

Intel Company Profile

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.