Rosenblatt Securities Raises Intel (NASDAQ:INTC) Price Target to $80.00

Intel (NASDAQ:INTC) had its target price upped by equities researchers at Rosenblatt Securities from $65.00 to $80.00 in a research report issued to clients and investors on Friday, MarketBeat reports. The brokerage currently has a “sell” rating on the chip maker’s stock. Rosenblatt Securities’ price objective suggests a potential downside of 13.34% from the company’s current price.

A number of other brokerages also recently issued reports on INTC. Wells Fargo & Company upped their price objective on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday. DA Davidson boosted their price target on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday, May 18th. Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Finally, Robert W. Baird raised their price target on shares of Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $107.67.

Intel Stock Down 7.9%

NASDAQ INTC opened at $92.32 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The company has a market cap of $464.00 billion, a price-to-earnings ratio of -43.75 and a beta of 2.18. The company has a 50 day moving average of $115.84 and a 200-day moving average of $78.07. Intel has a 1-year low of $18.97 and a 1-year high of $142.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The company 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 2.52% and a negative net margin of 19.79%.Intel’s revenue was up 25.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities research analysts expect that Intel will post 0.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is owned by insiders.

Institutional Investors Weigh In On Intel

Institutional investors have recently modified their holdings of the company. Trust Asset Management LLC lifted its stake in Intel by 8.6% during the second quarter. Trust Asset Management LLC now owns 51,805 shares of the chip maker’s stock worth $7,234,000 after purchasing an additional 4,090 shares during the last quarter. Ballast Inc. purchased a new stake in Intel during the second quarter valued at about $328,000. Regent Peak Wealth Advisors LLC boosted its position in Intel by 13.8% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 12,498 shares of the chip maker’s stock worth $1,745,000 after acquiring an additional 1,513 shares during the period. Wedge Capital Management L L P NC purchased a new position in Intel in the second quarter valued at about $976,000. Finally, Abound Wealth Management boosted its holdings in Intel by 74.8% in the second quarter. Abound Wealth Management now owns 1,813 shares of the chip maker’s stock worth $253,000 after purchasing an additional 776 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

Intel Company Profile

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.