Intel (NASDAQ:INTC) Trading Up 3.3% – Should You Buy?

Intel Corporation (NASDAQ:INTC)’s share price traded up 3.3% during mid-day trading on Wednesday . The stock traded as high as $103.16 and last traded at $100.95. Approximately 160,697,231 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 120,512,578 shares. The stock had previously closed at $97.71.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s approximately $20 billion equity raise is being viewed by Bank of America as funding for foundry expansion and higher server-CPU production, rather than simply a defensive balance-sheet move. The capital could help Intel address demand that currently exceeds its manufacturing capacity. Veteran Bank Gives Intel Foundry a Major Vote of Confidence
• Positive Sentiment: Analysts and market commentators continue to highlight strong demand for Intel’s data-center and AI products. Second-quarter revenue rose roughly 25% year over year to $16.1 billion, while Data Center and AI revenue reportedly increased 59%, supporting the recovery narrative. Intel’s Best Growth in 15 Years: 25% Revenue Surge and Our New Price Target
• Positive Sentiment: CEO Lip-Bu Tan’s reported personal investment of about $12 million in the offering is being interpreted as a vote of confidence. Tan has also signaled that Intel could revisit the memory-chip market, supported by the new capital and the hiring of former SK Hynix CEO Seok-Hee Lee for Intel Foundry. Could Intel return to the red-hot memory market after $20B raise and recent hire?
• Neutral Sentiment: The key issue for investors is execution: Intel must convert funding and customer interest into reliable foundry capacity, competitive products, and sustainable free cash flow. Recent coverage describes demand as strong but constrained by what the company can currently ship. Intel Stock’s Real Opportunity Is Demand It Cannot Yet Ship
• Negative Sentiment: The stock offering increases Intel’s share count and is expected by Bank of America to reduce earnings per share by approximately 4% to 5%. That near-term dilution, combined with a sharp prior rerating and questions about foundry profitability, is encouraging profit-taking despite the longer-term growth opportunity. Intel: BofA sees $20B raise fueling foundry and server CPU growth

Analysts Set New Price Targets

A number of equities research analysts have weighed in on INTC shares. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday, May 18th. HC Wainwright set a $150.00 price target on Intel in a research report on Monday, June 29th. Wolfe Research assumed coverage on Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating on the stock. Benchmark raised their price objective on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, Roth Capital lifted their price objective on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $107.85.

Intel Trading Down 1.7%

The firm’s 50 day moving average price is $110.19 and its 200-day moving average price is $83.15. The stock has a market cap of $518.55 billion, a P/E ratio of -48.69 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last posted 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. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter in the prior year, the company posted ($0.10) earnings per share. The business’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. As a group, equities research analysts forecast that Intel Corporation will post 1.01 earnings per share for the current year.

Institutional Trading of Intel

A number of institutional investors and hedge funds have recently modified their holdings of the business. Royal Capital Wealth Management LLC purchased a new position in Intel in the 2nd quarter worth about $350,000. Legal & General Group Plc purchased a new stake in shares of Intel during the 2nd quarter valued at about $4,096,110,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Intel during the 2nd quarter valued at about $570,150,000. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Intel in the second quarter worth approximately $1,073,000. Finally, Van Hulzen Asset Management LLC bought a new stake in shares of Intel in the second quarter worth approximately $1,902,000. Institutional investors own 64.53% of the company’s stock.

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.