Erste Group Bank Issues Negative Estimate for Intel Earnings

Intel Corporation (NASDAQ:INTC) – Investment analysts at Erste Group Bank cut their FY2026 earnings per share (EPS) estimates for Intel in a research note issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now expects that the chip maker will post earnings of $0.67 per share for the year, down from their previous forecast of $0.68. The consensus estimate for Intel’s current full-year earnings is $0.65 per share.

A number of other research firms also recently commented on INTC. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $100.00 target price on shares of Intel in a research report on Wednesday, June 17th. Evercore set a $95.00 price target on shares of Intel in a research report on Friday, April 24th. DZ Bank upgraded shares of Intel from a “sell” rating to a “neutral” rating in a research note on Friday, April 24th. DA Davidson raised their price objective on Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Oppenheimer started coverage on Intel in a report on Thursday, June 11th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $102.72.

Intel Price Performance

Shares of NASDAQ:INTC opened at $95.04 on Monday. The company has a market capitalization of $477.67 billion, a PE ratio of -153.29 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. Intel has a twelve month low of $18.97 and a twelve month high of $142.35. The firm has a 50 day simple moving average of $117.79 and a 200-day simple moving average of $76.18.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period in the prior year, the firm posted $0.13 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Financially Speaking Inc raised its holdings in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after buying an additional 279 shares during the last quarter. Financial Life Planners purchased a new position in shares of Intel during the first quarter worth about $25,000. Legacy Bridge LLC purchased a new position in shares of Intel during the fourth quarter worth about $26,000. Raleigh Capital Management Inc. acquired a new position in Intel in the 4th quarter valued at about $29,000. Finally, Swiss RE Ltd. acquired a new position in Intel in the 4th quarter valued at about $29,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the company’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 completion of the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is owned by insiders.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s expanded Google Cloud partnership and use of Gemini Enterprise could improve chip design efficiency and support enterprise growth. Sundar Pichai Says ‘Great’ to see Intel Using Gemini Enterprise as Chipmaker Expands Google Cloud Partnership for AI-Powered Chip Design
• Positive Sentiment: Analysts and options traders are turning more constructive ahead of earnings, with some expecting Intel to post another beat and others positioning for a sizable post-earnings move. Intel Stock (INTC) Faces a Crucial Earnings Test. Options Traders Expect a 15% Move
• Positive Sentiment: Retail investors have been buying INTC shares ahead of Q2 results, suggesting sentiment remains strong despite the recent pullback. Investors Snapping Up INTC Stock Ahead of Q2 Earnings, According to Crowd Wisdom Data
• Neutral Sentiment: Multiple articles highlighted Intel’s upcoming Q2 earnings release, keeping attention focused on whether management can validate the recent rally and turnaround narrative. Intel (INTC) Stock Price Braces for a 15% Move as Q2 Earnings Near
• Negative Sentiment: Intel is being hit by a broader semiconductor rout as investors worry about slowing AI spending and softer chip-sector momentum. AMD Falls 5%, Intel Drops 4%, NVIDIA Slides 3% Before Recovering as Rotation Hits Semiconductor Stocks
• Negative Sentiment: Recent commentary also questioned Intel’s foundry turnaround and the durability of its AI-related valuation after the stock’s sharp run-up. TSMC’s 68% Margins Show Why Intel’s Foundry Turnaround Won’t Be Easy

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.