Intel (NASDAQ:INTC) Releases Q3 2026 Earnings Guidance

Intel (NASDAQ:INTC) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.380-0.380 for the period, compared to the consensus EPS estimate of 0.240. The company issued revenue guidance of $15.8 billion-$16.8 billion, compared to the consensus revenue estimate of $15.0 billion.

Wall Street Analysts Forecast Growth

INTC has been the subject of several recent analyst reports. DA Davidson raised their target price on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. UBS Group set a $115.00 price target on Intel in a research note on Thursday, July 16th. Truist Financial increased their price target on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a report on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a report on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Intel in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Intel presently has an average rating of “Hold” and a consensus target price of $102.77.

Intel Stock Performance

Intel stock traded down $2.39 during mid-day trading on Thursday, hitting $100.23. 114,795,047 shares of the company’s stock traded hands, compared to its average volume of 120,094,617. The firm has a 50 day moving average price of $116.48 and a 200 day moving average price of $77.54. The company has a market cap of $503.76 billion, a PE ratio of -161.66 and a beta of 2.18. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel has a one year low of $18.97 and a one year high of $142.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts forecast that Intel will post 0.65 EPS for the current year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly secured its first named outside foundry customer under Lip-Bu Tan, a sign that its contract manufacturing strategy may be gaining traction. Intel’s Foundry Just Landed Its First Named Outside Customer Under Lip-Bu Tan. The Stock Jumped More Than 8% — 2 Days Before Earnings.
• Positive Sentiment: Fortinet announced a collaboration with Intel on a security processor built on Intel 4, reinforcing foundry credibility and adding a visible customer win. Fortinet and Intel Just Announced a New Collaboration. The Real Test for FTNT Stock Is Earnings.
• Positive Sentiment: Multiple reports say Intel and AMD are locking in longer-term China server CPU demand, which could support near-term revenue and pricing. Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge, sources say
• Neutral Sentiment: Analysts broadly expect Intel to report around $0.22 EPS on roughly $14.4 billion in revenue, so the market is focused on whether results merely meet or can materially beat expectations. Intel Q2 Preview: Stock Hammers Nvidia with 7x Returns Since Dow Swap — Will Earnings Fuel Further Gains?
• Negative Sentiment: Several previews warn that Intel’s valuation and recent rally leave little room for disappointment, especially if PC demand stays weak or guidance underwhelms. Intel Stock Nearly Tripled in 2026 — Q2 Earnings Could Be a Reality Check

Hedge Funds Weigh In On Intel

A number of large investors have recently modified their holdings of the stock. United Bank bought a new stake in shares of Intel during the second quarter worth approximately $205,000. Sivia Capital Partners LLC grew its holdings in Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock worth $766,000 after acquiring an additional 25,001 shares during the period. Prosperity Bancshares Inc bought a new position in shares of Intel in the 4th quarter worth $60,000. Kemnay Advisory Services Inc. acquired a new position in shares of Intel during the 4th quarter worth about $100,000. Finally, Wilkerson Advisory Group LLC bought a new stake in shares of Intel in the 4th quarter valued at about $117,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

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.