Intel (NASDAQ:INTC – Free Report) had its price target hoisted by Tigress Financial from $118.00 to $145.00 in a report released on Tuesday, MarketBeat Ratings reports. The firm currently has a buy rating on the chip maker’s stock.
Other research analysts have also issued research reports about the company. The Goldman Sachs Group reiterated a “neutral” rating on shares of Intel in a report on Thursday, July 23rd. Rosenblatt Securities upped their price objective on shares of Intel from $65.00 to $80.00 and gave the company a “sell” rating in a report on Friday, July 24th. Benchmark raised their price objective on shares of Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. HC Wainwright set a $150.00 target price on shares of Intel in a research note on Monday, June 29th. Finally, Moffett Nathanson lowered shares of Intel to a “neutral” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $108.49.
Check Out Our Latest Stock Analysis on INTC
Intel Trading Up 7.7%
Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts predict that Intel will post 1.04 EPS for the current fiscal year.
Insider Activity
In related news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.05% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Primecap Management Co. CA acquired a new position in shares of Intel in the 2nd quarter worth approximately $10,507,291,000. State Street Corp increased its holdings in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after purchasing an additional 5,714,400 shares during the last quarter. Bank of America Corp DE raised its position in Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. Legal & General Group Plc purchased a new stake in Intel in the second quarter valued at approximately $4,096,110,000. Finally, Capital World Investors lifted its stake in Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.
Trending Headlines about Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Potential SK hynix partnership: Reuters reported that SK hynix is holding exploratory discussions with Intel about producing memory chips at Intel’s delayed Ohio facility. A lease or joint venture could provide Intel with an anchor customer, help share construction costs and validate its foundry strategy. The talks are preliminary, however, and no agreement has been signed. Reuters article
- Positive Sentiment: Analyst and manufacturing optimism: Barclays upgraded Intel, while Tigress Financial reiterated a Buy rating and raised its price target to $145, citing the company’s Terafab plans, AI opportunity and strong second-quarter results. Intel CEO Lip-Bu Tan has also accelerated the expected timeline for risk production on the 14A process node, improving confidence in the turnaround. Analyst target article
- Positive Sentiment: AI and semiconductor tailwinds: Intel’s Xeon 6 processors and Arc Pro GPUs showed progress in AI inference benchmarks, while tight memory supply and continued data-center investment supported the broader chip sector. Falling Treasury yields and a rebound in technology stocks also lifted sentiment toward high-beta semiconductor names. Zacks AI inference article
- Neutral Sentiment: Additional strategic catalyst: Altera, in which Intel retains a 49% stake, reportedly filed confidential paperwork for a potential IPO. A listing could make Intel’s investment more liquid and support its restructuring efforts, but the timing and valuation remain uncertain. Altera and Intel article
- Negative Sentiment: Execution risks remain: SK hynix said no plans have been finalized. The Ohio facility has no confirmed production schedule, the type of memory to be made is unknown, and South Korean regulators could scrutinize advanced technology transfers. Intel still needs signed customers and sustained external foundry volume to justify its significant manufacturing investment.
About Intel
Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.
Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.
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