Intel (NASDAQ:INTC) Stock Price Expected to Rise, Truist Financial Analyst Says

Intel (NASDAQ:INTC) had its price objective boosted by investment analysts at Truist Financial from $81.00 to $108.00 in a report issued on Friday,Benzinga reports. The firm currently has a “hold” rating on the chip maker’s stock. Truist Financial’s price target suggests a potential upside of 16.98% from the company’s previous close.

A number of other brokerages also recently issued reports on INTC. Roth Capital raised their price target on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday. Citigroup upgraded shares of Intel from a “positive” rating to a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. increased their target price on shares of Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research note on Friday. Wells Fargo & Company raised their target price on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, KeyCorp set a $125.00 price target on shares of Intel in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $107.67.

Intel Trading Down 7.9%

Shares of INTC stock opened at $92.32 on Friday. The company has a market cap of $464.00 billion, a PE ratio of -43.75 and a beta of 2.18. Intel has a 1 year low of $18.97 and a 1 year high of $142.35. The stock’s 50 day simple moving average is $115.84 and its two-hundred day simple moving average is $78.07. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The firm 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%.The company’s quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts predict that Intel will post 0.65 earnings per share for the current year.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by company insiders.

Institutional Trading of Intel

Large investors have recently made changes to their positions in the stock. Beaird Harris Wealth Management LLC grew its holdings in shares of Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC lifted its holdings in Intel by 167.0% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker’s stock valued at $37,000 after buying an additional 167 shares in the last quarter. Ramsey Quantitative Systems bought a new stake in Intel during the 2nd quarter valued at about $50,000. Allied Private Wealth LLC purchased a new stake in Intel in the 2nd quarter valued at about $68,000. Finally, Financial Life Planners purchased a new stake in Intel in the 1st quarter valued at about $25,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Intel

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

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.