Intel (INTC) to Release Quarterly Earnings on Thursday

Intel (NASDAQ:INTC) is expected to be issuing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect Intel to announce earnings of $0.21 per share and revenue of $14.4063 billion for the quarter. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

Intel (NASDAQ:INTC) last posted its quarterly earnings data 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 company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.13 earnings per share. On average, analysts expect Intel to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Intel Price Performance

INTC opened at $102.99 on Thursday. The company has a fifty day simple moving average of $118.64 and a 200 day simple moving average of $75.34. The firm has a market cap of $517.63 billion, a price-to-earnings ratio of -166.11 and a beta of 2.18. Intel has a twelve month low of $18.97 and a twelve month high of $142.35. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Analysts Set New Price Targets

INTC has been the topic of a number of recent analyst reports. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Wall Street Zen downgraded Intel from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Freedom Capital raised Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Moffett Nathanson cut Intel to a “neutral” rating in a research note on Thursday, June 11th. Finally, TD Cowen increased their price target on Intel from $75.00 to $115.00 and gave the company a “hold” rating in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $101.96.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale 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 corporate insiders.

Hedge Funds Weigh In On Intel

Large investors have recently modified their holdings of the stock. Sivia Capital Partners LLC raised its position in shares of Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after acquiring an additional 25,001 shares in the last quarter. United Bank acquired a new position in Intel in the second quarter worth $205,000. Gamco Investors INC. ET AL boosted its holdings in Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after purchasing an additional 1,508 shares during the period. NewEdge Advisors LLC boosted its holdings in Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after purchasing an additional 36,116 shares during the period. Finally, Sei Investments Co. increased its stake in Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after purchasing an additional 74,838 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel confirmed it has begun using ASML’s most advanced High-NA EUV machine to produce parts of its next-generation chips, including Core Ultra 3 and Panther Lake. That milestone suggests Intel is making real progress on advanced-node manufacturing, which supports the turnaround thesis. Reuters article
• Positive Sentiment: Analysts turned more constructive on Intel ahead of July 23 earnings, with KeyBanc lifting its price target to $155 and other firms, including HSBC and Stifel, also raising targets. The upgrades point to improving expectations for AI-related demand, server CPUs, and foundry execution. Barchart article
• Positive Sentiment: ASML said Intel has reached an important production milestone with High-NA EUV, and several articles highlighted Intel’s role as the first chipmaker to put the new tool into production use. That reinforces optimism that Intel can close the gap with rivals in advanced chipmaking. Yahoo Finance article
• Neutral Sentiment: Broader semiconductor sentiment was also mixed-to-positive, with chip stocks rebounding after inflation data and some commentary saying Intel could benefit from sector rotation. However, weakness in peers like Micron also shows investors remain cautious about the group. 247WallSt article
• Negative Sentiment: Some articles note that Intel is still trading in a volatile semiconductor backdrop ahead of earnings, and traders are likely pricing in both execution risk and the possibility of a PC-related slowdown. Any disappointment on July 23 could quickly pressure the stock. Motley Fool article

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.