Intel (NASDAQ:INTC) Stock Price Up 5.5% – Should You Buy?

Intel Corporation (NASDAQ:INTC) was up 5.5% during trading on Monday. The stock traded as high as $60.03 and last traded at $59.37. Approximately 143,773,839 shares traded hands during trading, an increase of 21% from the average daily volume of 119,290,773 shares. The stock had previously closed at $56.28.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is expanding into industrial AI through a collaboration with ZKH’s LingLong Intelligence. Their LingLong Insight 1.0 model combines Intel edge processors with industrial data for factory and warehouse applications, potentially widening Intel’s AI opportunities beyond data centers. Article: Why Is Intel Pushing Deeper Into Industrial AI With New Edge Tools?
• Positive Sentiment: Chip shares found support as investors looked past a recent sector sell-off; Intel may also be benefiting relative to Nvidia amid negative headlines surrounding Nvidia’s CEO. These are broader market and competitive factors, not a change to Intel’s own fundamentals. Article: Chip Stocks Inch Higher as Investors Look Past Sell-Off
• Neutral Sentiment: Recent commentary points to data-center growth as a potential element of Intel’s recovery, but emphasizes that execution and the company’s ability to convert growth into sustainable profits remain key uncertainties. Article: Intel Stock Has Gone Nowhere in 8 Years. Why This Time Could Be Different
• Negative Sentiment: Analysts and recent coverage flag a weak fourth-quarter outlook and China-related headwinds. Intel’s steep decline over the past six months underscores investor concern that near-term challenges could outweigh foundry growth and AI investment. Article: INTC Stock Down 57% in the Past 6 Months
• Negative Sentiment: Intel’s foundry business remains a potential drag, while its exposure to the PC market adds risk. Separately, political scrutiny of the U.S. government’s large Intel stake could add uncertainty around the company’s recovery. Article: AMD vs. Intel Following the Semiconductor Crash

Analysts Set New Price Targets

INTC has been the topic of several recent analyst reports. Daiwa Securities Group lowered Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. KGI Securities raised Intel from a “neutral” rating to an “outperform” rating and set a $95.00 price target for the company in a report on Friday, October 30th. Wells Fargo & Company dropped their price target on Intel from $120.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Friday, October 30th. Susquehanna lowered their target price on shares of Intel from $105.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, October 30th. Finally, Pivotal Research began coverage on shares of Intel in a research note on Tuesday, September 8th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $97.42.

Intel Trading Up 5.5%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.95 and a current ratio of 2.31. The company has a market cap of $315.55 billion, a price-to-earnings ratio of -24.63, a P/E/G ratio of 6.02 and a beta of 2.42. The company’s fifty day moving average is $97.95 and its two-hundred day moving average is $86.60.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 EPS for the quarter, beating the consensus estimate of $0.41 by $0.11. The business had revenue of $16.51 billion during the quarter, compared to analysts’ expectations of $16.56 billion. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. The business’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 EPS. On average, research analysts anticipate that Intel Corporation will post 1.04 EPS for the current year.

Insider Transactions at Intel

In other news, CEO Lip Tan purchased 150,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were purchased at an average cost of $64.73 per share, with a total value of $9,709,500.00. Following the completion of the acquisition, the chief executive officer owned 1,464,669 shares of the company’s stock, valued at approximately $94,808,024.37. This represents a 11.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

A number of large investors have recently added to or reduced their stakes in the stock. State Street Corp increased its holdings in shares of Intel by 1.2% in the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after purchasing an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA acquired a new stake in shares of Intel in the 2nd quarter worth $10,507,291,000. Bank of America Corp DE increased its stake in shares of 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 acquiring an additional 8,342,514 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of Intel in the 2nd quarter worth $4,096,110,000. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock worth $3,632,722,000 after acquiring an additional 14,063,302 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

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