Intel (INTC) Projected to Announce Quarterly Earnings on Thursday

Intel (NASDAQ:INTC) is expected to announce its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Intel to announce earnings of $0.4059 per share and revenue of $16.52 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 5:00 PM ET.

Intel Stock Performance

INTC opened at $93.74 on Wednesday. The stock’s fifty day simple moving average is $101.67 and its 200 day simple moving average is $85.75. Intel has a 1-year low of $32.89 and a 1-year high of $142.35.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on INTC. The Goldman Sachs Group started coverage on shares of Intel in a report on Monday, October 19th. They issued a “neutral” rating for the company. Cantor Fitzgerald reduced their price target on Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. TD Cowen lowered their price objective on Intel from $115.00 to $95.00 and set a “hold” rating on the stock in a research note on Monday, October 19th. Morgan Stanley set a $85.00 price target on Intel in a research report on Monday, October 19th. Finally, Tigress Financial raised their price target on Intel from $118.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Intel presently has an average rating of “Hold” and an average price target of $108.23.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel agreed to acquire Israeli quantum-software company Classiq for approximately $2.3 billion, aiming to build a full-stack quantum-computing platform. The deal strengthens Intel’s longer-term positioning in a new growth market, although it also adds execution and investment risk. Intel to buy quantum firm Classiq
• Positive Sentiment: New Street Research upgraded Intel to Buy with a reported $125 target, citing a shortage of server CPUs and improving demand. Wedbush maintained Neutral but raised its target to $98, describing the setup ahead of earnings as balanced with server performance the key issue.
• Positive Sentiment: Several earnings previews point to stronger data-center revenue, AI infrastructure demand, Xeon processor sales, and possible pricing benefits from constrained server-CPU supply. Investors are looking for evidence that server strength can offset weaker PC demand and support margins. Intel Q3 earnings preview
• Positive Sentiment: Intel’s Crescent Island GPU D-series and Xeon-based rack designs target memory-intensive agentic-AI inference, offering a potential avenue for growth beyond traditional CPUs. The company is also benefiting from broader semiconductor-sector momentum and optimism surrounding its turnaround.
• Neutral Sentiment: Intel, along with IBM, Oracle and IonQ, objected to having its shares listed in tokenized form on the proposed OKX-ICE exchange. The move has limited direct financial impact but signals that major issuers want greater control over how their shares are traded. Companies object to tokenized stocks
• Negative Sentiment: Rosenblatt reaffirmed its Sell rating and assigned an $80 price target, well below prevailing levels. The bearish view underscores concerns about Intel’s valuation, profitability, and the difficulty of executing its costly foundry turnaround.
• Negative Sentiment: Nvidia’s emerging Vera CPU business is already shipping to hyperscalers, creating a new competitive threat to Intel in data-center processors. Investors also face elevated volatility, with options markets implying a large move around Thursday’s earnings report.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.05% of the company’s stock.

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.