Intel (NASDAQ:INTC) Stock Price Up 11.2% – Still a Buy?

Intel Corporation (NASDAQ:INTC)’s stock price rose 11.2% on Monday . The stock traded as high as $112.54 and last traded at $110.27. Approximately 135,308,851 shares traded hands during trading, an increase of 13% from the average daily volume of 120,223,781 shares. The stock had previously closed at $99.17.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s foundry business is gaining credibility, with reports that Google is considering a major TPU order for Intel manufacturing, which would validate Intel Foundry’s comeback and add future revenue visibility. Intel Gains as Google Reportedly Eyes Major AI Chip Order
• Positive Sentiment: Cadence announced an expanded collaboration with Intel Foundry to optimize Intel’s 14A process, another sign that major industry players are backing Intel’s next-generation manufacturing roadmap. Cadence Announces Collaboration with Intel Foundry
• Positive Sentiment: Intel also drew bullish commentary for becoming a possible “Plan B” supplier for the semiconductor industry, as hyperscalers look to diversify away from single-source manufacturing risk. Intel Becomes Plan B for the Semiconductor Industry
• Neutral Sentiment: Arete Research sharply raised its price target on Intel, but kept a neutral rating, signaling improved outlook expectations without a full bullish call. Arete adjusts price target on Intel
• Negative Sentiment: Intel is facing short-term trading pressure from a broader semiconductor pullback, with articles citing profit-taking and macro headwinds as the reason the stock is sliding. Why Is Intel Stock Sliding On Wednesday?
• Negative Sentiment: Some analysts and commentators are warning that Intel’s rally may already reflect a lot of the good news, and insider selling is adding caution for investors at these elevated levels. Intel Insider Sale

Analysts Set New Price Targets

INTC has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased their target price on Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a research note on Friday, April 24th. Bank of America raised their price objective on Intel from $48.00 to $56.00 and gave the stock an “underperform” rating in a research report on Friday, April 24th. Scotiabank started coverage on Intel in a research report on Tuesday, April 21st. They issued a “sector perform” rating for the company. Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Finally, Citigroup raised their price objective on Intel from $95.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $83.79.

Intel Price Performance

The company has a 50 day moving average price of $90.87 and a 200 day moving average price of $60.02. The company has a market capitalization of $537.98 billion, a price-to-earnings ratio of -172.64 and a beta of 2.21. 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 quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same period last year, the company earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts forecast that Intel Corporation will post 0.63 earnings per share for the current year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was 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 owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC boosted its stake in Intel by 8.1% during the 1st quarter. Parallel Advisors LLC now owns 85,975 shares of the chip maker’s stock valued at $3,794,000 after purchasing an additional 6,434 shares during the last quarter. First Nebraska Trust Co acquired a new position in Intel during the 1st quarter valued at about $3,238,000. Foguth Wealth Management LLC. acquired a new position in Intel during the 1st quarter valued at about $224,000. Cozad Asset Management Inc. boosted its stake in Intel by 11.3% during the 1st quarter. Cozad Asset Management Inc. now owns 8,208 shares of the chip maker’s stock valued at $362,000 after purchasing an additional 835 shares during the last quarter. Finally, Security Financial Services INC. acquired a new position in Intel during the 1st quarter valued at about $223,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

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.