Intel (NASDAQ:INTC) Upgraded at Wall Street Zen

Intel (NASDAQ:INTC) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research analysts have also recently weighed in on INTC. Mizuho lifted their price target on shares of Intel from $124.00 to $128.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Citigroup upgraded shares of Intel from a “buy” rating to a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. lifted their price target on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research note on Friday, April 24th. BofA raised Intel from an “underperform” rating to a “buy” rating and raised their price objective for the stock from $96.00 to $135.00 in a research note on Thursday. Finally, Truist Financial raised their price objective on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average target price of $87.31.

Intel Trading Up 6.5%

Intel stock opened at $124.57 on Friday. The business has a 50-day simple moving average of $95.17 and a two-hundred day simple moving average of $61.56. The company has a market cap of $626.09 billion, a P/E ratio of -200.92 and a beta of 2.21. Intel has a 52-week low of $18.97 and a 52-week high of $132.75. 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 (NASDAQ:INTC) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts predict that Intel will post 0.66 EPS for the current year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction on 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 transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several hedge funds have recently modified their holdings of INTC. Norges Bank purchased a new position in shares of Intel in the fourth quarter worth $2,233,159,000. Capital World Investors increased its holdings in shares of Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after purchasing an additional 21,230,715 shares during the last quarter. Capital Research Global Investors increased its holdings in shares of Intel by 285.9% in the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after purchasing an additional 19,722,010 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

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.