Intel (NASDAQ:INTC) Stock Rating Lowered by Freedom Broker

Intel (NASDAQ:INTC) was downgraded by investment analysts at Freedom Broker from a “buy” rating to a “hold” rating in a research report issued on Friday, Benzinga reports. They currently have a $90.00 target price on the chip maker’s stock, down from their previous target price of $100.00. Freedom Broker‘s price objective indicates a potential upside of 36.86% from the stock’s previous close.

Other analysts have also issued reports about the stock. Piper Sandler started coverage on shares of Intel in a research note on Wednesday, September 9th. They set a “neutral” rating and a $110.00 target price for the company. JPMorgan Chase & Co. decreased their target price on shares of Intel from $85.00 to $80.00 and set a “neutral” rating for the company in a research note on Friday. HSBC restated a “buy” rating on shares of Intel in a report on Friday, July 24th. National Bank Financial set a $85.00 target price on shares of Intel in a research note on Monday, October 19th. Finally, Evercore reissued an “outperform” rating and set a $133.00 target price on shares of Intel in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $97.42.

Intel Stock Performance

Shares of NASDAQ INTC opened at $65.76 on Friday. The company has a market cap of $331.69 billion, a PE ratio of -27.29, a P/E/G ratio of 6.85 and a beta of 2.42. The company has a current ratio of 2.21, a quick ratio of 1.86 and a debt-to-equity ratio of 0.35. Intel has a 12-month low of $32.89 and a 12-month high of $142.35. The stock has a 50 day simple moving average of $101.10 and a 200-day simple moving average of $86.36.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. Intel had a negative net margin of 20.09% and a positive return on equity of 4.42%. The business had revenue of $16.51 billion for the quarter, compared to analysts’ expectations of $16.56 billion. During the same period in the previous year, the business earned $0.23 earnings per share. The company’s revenue was up 20.9% on a year-over-year basis. On average, equities research analysts forecast that Intel will post 1.07 EPS for the current year.

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Pathway Financial Advisers LLC bought a new position in Intel during the third quarter worth about $25,000. Montgomery Financial Services LLC bought a new position in shares of Intel during the second quarter worth about $26,000. Next Level Wealth Planning LLC acquired a new stake in shares of Intel in the third quarter valued at approximately $28,000. Glynn Capital Management LLC bought a new stake in Intel during the 2nd quarter worth about $29,000. Finally, Knuff & Co LLC bought a new position in Intel in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s third-quarter revenue rose 20.9% year over year to $16.51 billion, while adjusted earnings of $0.52 per share exceeded consensus estimates. Data-center growth and the company’s shipment of products built on its advanced 18A process provide evidence that its turnaround remains possible. INTC Q3 deep dive
• Positive Sentiment: Northland Securities raised its earnings estimates for Intel, and some longer-term commentary points to potential benefits from 18A production and strategic investments by the U.S. government, Nvidia and SoftBank. These factors may attract dip buyers, although they have not offset near-term concerns. Northland Securities boosts earnings estimates
• Neutral Sentiment: The broader technology market is also under pressure, with chip stocks contributing to a sharp Nasdaq selloff and investors reducing exposure to cash-intensive artificial-intelligence investments. This market backdrop is amplifying Intel-specific volatility. Nasdaq tumbles as chip stocks fall
• Negative Sentiment: Intel’s outlook is the principal catalyst for selling. Next-quarter revenue guidance of approximately $15.5 billion was materially below analyst expectations, reflecting weaker PC demand and supply or capacity constraints that could limit the recovery. Analyst warns on Intel capacity woes
• Negative Sentiment: Multiple firms, including Seaport Global, Bank of America, Roth Capital and Freedom Broker, downgraded Intel to neutral or hold, while Citigroup, Cantor Fitzgerald, Susquehanna, Truist and other firms cut price targets. Analysts cited execution risk, capacity missteps and a slowing PC market, reinforcing concerns that the stock may remain “dead money” until planning and production problems improve. Seaport Global downgrades Intel

About Intel

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.