Intel (NASDAQ:INTC) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Intel (NASDAQ:INTC) had its target price hoisted by equities researchers at Wells Fargo & Company from $110.00 to $120.00 in a report issued on Friday, MarketBeat reports. The brokerage currently has an “equal weight” rating on the chip maker’s stock. Wells Fargo & Company‘s target price would indicate a potential upside of 29.98% from the company’s previous close.

A number of other equities analysts also recently issued reports on the stock. Zacks Research upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. Scotiabank initiated coverage on shares of Intel in a research report on Tuesday, April 21st. They set a “sector perform” rating for the company. DZ Bank raised shares of Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. Susquehanna boosted their price objective on shares of Intel from $80.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Finally, Northland Securities downgraded shares of Intel from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 26th. Two equities 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 given a Sell rating to the company’s stock. According to MarketBeat, Intel has a consensus rating of “Hold” and an average target price of $107.67.

Intel Price Performance

Shares of INTC stock opened at $92.32 on Friday. Intel has a twelve month low of $18.97 and a twelve month high of $142.35. The stock has a fifty day simple moving average of $115.84 and a two-hundred day simple moving average of $78.07. The stock has a market capitalization of $464.00 billion, a price-to-earnings ratio of -43.75 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 (NASDAQ:INTC) last posted its 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. Intel had a negative net margin of 19.79% and a positive return on equity of 2.52%. The business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the firm posted ($0.10) EPS. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts predict that Intel will post 0.65 EPS for the current fiscal year.

Insider Buying and Selling

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction that occurred 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 sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Beaird Harris Wealth Management LLC raised its stake in Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after acquiring an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC grew its stake 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 purchasing an additional 167 shares during the last quarter. Ramsey Quantitative Systems purchased a new stake in Intel during the 2nd quarter valued at about $50,000. Allied Private Wealth LLC acquired a new position in shares of Intel in the second quarter valued at about $68,000. Finally, Financial Life Planners acquired a new position in shares of Intel in the first quarter valued at about $25,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Stories Impacting 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

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.