Intel (NASDAQ:INTC) Price Target Raised to $108.00 at Truist Financial

Intel (NASDAQ:INTC) had its price objective raised by equities researchers at Truist Financial from $81.00 to $108.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the chip maker’s stock. Truist Financial’s target price points to a potential upside of 13.53% from the company’s current price.

INTC has been the subject of a number of other research reports. DZ Bank raised Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. Moffett Nathanson cut Intel to a “neutral” rating in a research note on Thursday, June 11th. HSBC reissued a “buy” rating on shares of Intel in a research note on Friday. Royal Bank Of Canada restated a “sector perform” rating on shares of Intel in a report on Tuesday. Finally, TD Cowen lifted their target price on shares of Intel from $75.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Intel presently has an average rating of “Hold” and an average price target of $107.67.

Intel Price Performance

NASDAQ INTC traded down $5.10 on Friday, reaching $95.13. 120,683,172 shares of the company’s stock traded hands, compared to its average volume of 120,334,148. The stock has a market cap of $478.14 billion, a PE ratio of -153.44 and a beta of 2.18. Intel has a 12 month low of $18.97 and a 12 month high of $142.35. The stock has a 50-day simple moving average of $116.17 and a 200 day simple moving average of $77.97. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the prior year, the company earned ($0.10) EPS. The firm’s revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, research analysts predict that Intel will post 0.65 earnings per share for the current year.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.05% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. iA Global Asset Management Inc. increased its position in shares of Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC purchased a new stake in Intel during the 4th quarter valued at $205,000. Heritage Investment Group Inc. purchased a new stake in Intel during the 4th quarter valued at $219,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Intel in the 4th quarter worth $185,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported Q2 EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion expected, with sales up about 25% year over year — its fastest growth in more than 15 years. Intel blows past estimates, recording fastest sales growth in almost 15 years on ‘unprecedented’ demand
• Positive Sentiment: Management also raised Q3 guidance above consensus and pointed to surging AI infrastructure demand, strength in Xeon server CPUs, and progress in foundry/18A production, which supports the turnaround narrative. Intel sales, profit forecast beat estimates, boosts spending plans on AI boom
• Positive Sentiment: Several analysts turned more constructive after the report, with firms lifting price targets and some reiterating Buy/overweight views, citing stronger server and foundry momentum. These Analysts Revise Their Forecasts On Intel Following Q2 Results
• Neutral Sentiment: The stock’s post-earnings move has been volatile, with some traders locking in gains and others waiting for proof that AI demand and foundry execution can sustain the rebound. Intel beats and raises, but Wall Street isn’t buying the rally
• Neutral Sentiment: Mixed analyst commentary and price targets ranging widely suggest investors are still divided on how much of the turnaround is already priced in. Intel Stock Slips Despite Blowout Quarter: Here’s What 4 Analysts Are Saying
• Negative Sentiment: Despite the strong report, Intel shares slipped at times as investors questioned whether the rally had run too far, especially given the stock’s sharp run-up this year and elevated valuation. Intel Stock Brushes Off Best Revenue in 15 Years

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.