Intel (NASDAQ:INTC) Stock Price Up 3.3% – Should You Buy?

Shares of Intel Corporation (NASDAQ:INTC) shot up 3.3% during mid-day trading on Wednesday . The stock traded as high as $103.16 and last traded at $100.95. 160,697,231 shares were traded during mid-day trading, an increase of 33% from the average session volume of 120,512,578 shares. The stock had previously closed at $97.71.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s $20 billion common-stock offering, priced at $95 per share, gives the company substantial capital to fund AI chips, manufacturing capacity and its contract-foundry strategy. Bank of America described the raise as a positive indicator of management’s confidence in the foundry business and maintained a Buy rating with a $145 price target. Intel stock jumps as BofA backs foundry strategy
• Positive Sentiment: The latest earnings showed strong momentum: quarterly revenue rose 25.2% year over year to $16.13 billion, exceeding expectations, while adjusted earnings also beat estimates. Data-center demand and AI PC activity are supporting the recovery, and Intel Foundry revenue grew 31% year over year while its operating loss narrowed to $2.1 billion. Intel Foundry grew 31% last quarter
• Positive Sentiment: Intel is reportedly considering a return to the memory market, including technologies that combine memory and processors. The move could create additional revenue opportunities as demand for AI-related computing infrastructure grows. Intel considers getting back into memory
• Neutral Sentiment: Market commentary remains divided. Supporters, including Jim Cramer, see CEO Lip-Bu Tan’s strategy and the capital raise as signs of a credible turnaround, while other analysts caution that Intel remains far behind AMD in AI execution and profitability.
• Negative Sentiment: The enlarged share sale increases dilution for existing shareholders and may reduce near-term earnings per share. Investors also remain concerned that Intel is relying on new equity to finance an expensive turnaround rather than funding investments through internally generated cash. Intel’s rally gave it a $20 billion opportunity

Analysts Set New Price Targets

A number of research analysts have recently commented on INTC shares. Seaport Research Partners reissued a “buy” rating and issued a $125.00 price objective on shares of Intel in a research report on Friday, July 24th. Wedbush lifted their target price on Intel from $60.00 to $98.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. UBS Group cut their price target on Intel from $121.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday. Jefferies Financial Group assumed coverage on shares of Intel in a research report on Thursday, June 11th. They issued a “buy” rating for the company. Finally, Melius Research set a $150.00 price target on shares of Intel in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average target price of $107.85.

Intel Trading Up 3.3%

The company has a market capitalization of $509.19 billion, a P/E ratio of -47.84 and a beta of 2.22. The business has a fifty day moving average of $110.57 and a 200-day moving average of $82.41. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last posted its 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. The company had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Intel

Several institutional investors and hedge funds have recently added to or reduced their stakes in INTC. Knuff & Co LLC purchased a new stake in shares of Intel during the second quarter valued at approximately $29,000. Glynn Capital Management LLC bought a new stake in shares of Intel in the second quarter valued at approximately $29,000. Beaird Harris Wealth Management LLC raised its holdings in Intel by 3,185.7% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after acquiring an additional 223 shares during the period. Carolina Wealth Advisors LLC lifted its holdings in Intel by 167.0% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker’s stock worth $37,000 after purchasing an additional 167 shares in the last quarter. Finally, Ramsey Quantitative Systems bought a new position in shares of Intel in the second quarter valued at approximately $50,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

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.