Intel (NASDAQ:INTC) Raised to Buy at Bank of America

Intel (NASDAQ:INTC) was upgraded by research analysts at Bank of America from an “underperform” rating to a “buy” rating in a report issued on Thursday, MarketBeat.com reports. The brokerage currently has a $135.00 target price on the chip maker’s stock, up from their previous target price of $96.00. Bank of America‘s price objective would suggest a potential upside of 26.12% from the company’s previous close.

INTC has been the topic of a number of other reports. Tigress Financial lifted their price objective on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. boosted their price target on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research note on Friday, April 24th. Barclays boosted their price target on shares of Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Citigroup boosted their price target on shares of Intel from $95.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Finally, Cantor Fitzgerald boosted their price target on shares of Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intel has a consensus rating of “Hold” and an average price target of $85.98.

Intel Trading Down 0.8%

NASDAQ INTC opened at $107.04 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a market cap of $537.98 billion, a PE ratio of -172.64 and a beta of 2.21. Intel has a one year low of $18.97 and a one year high of $132.75. The firm’s fifty day moving average is $92.19 and its two-hundred day moving average is $60.54.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts expect that Intel will post 0.63 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

A number of institutional investors have recently added to or reduced their stakes in INTC. Norges Bank purchased a new stake in Intel during the fourth quarter worth about $2,233,159,000. Capital World Investors boosted its holdings in Intel by 32.5% during the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after buying an additional 21,230,715 shares in the last quarter. Capital Research Global Investors boosted its holdings in Intel by 285.9% during the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after buying an additional 19,722,010 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after buying an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after buying an additional 11,056,090 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that Google is considering a major TPU foundry order from Intel support the view that Intel’s manufacturing turnaround is attracting marquee customers. Intel Gains as Google Reportedly Eyes Major AI Chip Order
• Positive Sentiment: Analysts at Erste Group raised Intel’s FY2026 and FY2027 EPS estimates, signaling slightly improving profit expectations. Intel Is the Market’s Most Mispriced AI Hedge
• Neutral Sentiment: Intel’s long-term AI foundry and 14A roadmap is drawing attention, but investors remain focused on whether management can execute on time and at scale. Intel Stock Slips Despite Planning Improvements for 14A
• Negative Sentiment: Chip stocks have been under pressure as investors rotate out of high-flying AI and momentum names, which has weighed on Intel shares despite company-specific optimism. Micron, Intel drag the tech sector into a new bearish phase

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.