Rosenblatt Securities Reaffirms “Sell” Rating for Intel (NASDAQ:INTC)

Intel (NASDAQ:INTC)‘s stock had its “sell” rating restated by analysts at Rosenblatt Securities in a report issued on Tuesday, Benzinga reports. They currently have a $80.00 price objective on the chip maker’s stock. Rosenblatt Securities‘s price objective suggests a potential downside of 14.66% from the stock’s current price.

Several other brokerages have also recently issued reports on INTC. Citigroup started coverage on shares of Intel in a research note on Monday, October 19th. They issued an “outperform” rating on the stock. Wells Fargo & Company lifted their price objective on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Cantor Fitzgerald lowered their price objective on shares of Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Weiss Ratings downgraded shares of Intel from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday. Finally, Roth Capital lifted their target price on shares of Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $108.23.

Intel Price Performance

Shares of INTC traded up $3.27 during mid-day trading on Tuesday, hitting $93.74. The company’s stock had a trading volume of 89,986,270 shares, compared to its average volume of 115,618,023. The firm has a 50-day moving average price of $102.10 and a 200 day moving average price of $85.24. The stock has a market capitalization of $472.82 billion, a price-to-earnings ratio of -44.43, a PEG ratio of 9.23 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. Intel has a fifty-two week low of $32.89 and a fifty-two week high of $142.35.

Insider Buying and Selling

In related news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, with a total value 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. This trade represents a 8.70% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTC. Primecap Management Co. CA purchased a new position in Intel during the second quarter valued at approximately $10,507,291,000. Legal & General Group Plc purchased a new position in Intel during the second quarter valued at approximately $4,096,110,000. Assenagon Asset Management S.A. grew its position in Intel by 87.1% during the third quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock valued at $3,632,722,000 after purchasing an additional 14,063,302 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in Intel during the second quarter valued at approximately $1,848,438,000. Finally, Bank of America Corp DE grew its position in Intel by 35.7% during the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Quantum computing acquisition: Intel reportedly agreed to acquire Israeli quantum-software company Classiq for approximately $2.3 billion. The deal is intended to create a full-stack quantum-computing platform and strengthen Intel’s position in a potentially significant long-term growth market. Intel to buy quantum firm Classiq for about $2.3 billion
• Positive Sentiment: Server demand supports the earnings outlook: Analysts expect data-center revenue and Xeon processor demand, aided by AI infrastructure expansion and reported server-CPU shortages, to offset weaker personal-computer conditions. Intel reports third-quarter results on Oct. 29, and some analysts expect a revenue beat or higher guidance. Can Higher Data Center Revenues Propel Intel’s Q3 Earnings?
• Positive Sentiment: Positive analyst actions and new AI products: New Street Research upgraded Intel to Buy, while KeyBanc cited a potential turnaround and issued a $155 target. Intel’s Crescent Island GPUs and Xeon rack designs are aimed at memory-intensive agentic-AI inference, offering another route into AI infrastructure beyond training chips. Intel Rises as New Street Upgrade Cites Server CPU Shortage
• Neutral Sentiment: Tokenization dispute: Intel joined 25 other companies opposing OKXICE’s proposed tokenized-stock platform. The move may reduce unwanted use of Intel’s brand and shares, but the dispute has limited direct financial significance. Intel Joins Opposition to OKXICE Tokenized Stock Plan
• Negative Sentiment: Valuation and competition remain risks: Rosenblatt reaffirmed a Sell rating with an $80 target, while Wedbush maintained Neutral at $98. NVIDIA’s growing CPU business threatens Intel’s traditional market, and Intel’s costly foundry expansion still faces execution and margin concerns. Rosenblatt Securities Intel Rating

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.