Intel (NASDAQ:INTC) Given New $90.00 Price Target at Cantor Fitzgerald

Intel (NASDAQ:INTC) had its price objective lowered by Cantor Fitzgerald from $125.00 to $90.00 in a research report report published on Friday,Benzinga reports. The firm currently has a neutral rating on the chip maker’s stock.

INTC has been the topic of a number of other research reports. Susquehanna lowered their price target on Intel from $115.00 to $105.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 21st. Rosenblatt Securities reiterated a “sell” rating and issued a $80.00 price target on shares of Intel in a research note on Tuesday. Barclays upgraded shares of Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Piper Sandler started coverage on Intel in a research report on Wednesday, September 9th. They set a “neutral” rating and a $110.00 price objective on the stock. Finally, Mizuho upped their price target on shares of Intel from $92.00 to $114.00 and gave the company a “neutral” rating in a research note on Tuesday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus target price of $97.86.

Intel Trading Down 28.6%

Intel stock opened at $65.76 on Friday. The company has a market cap of $331.69 billion, a price-to-earnings ratio of -27.29, a P/E/G ratio of 9.78 and a beta of 2.22. The firm has a 50-day moving average of $101.10 and a 200-day moving average of $86.36. 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 has a one year low of $32.89 and a one year high of $142.35.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.11. The business had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. Intel had a positive return on equity of 4.55% and a negative net margin of 20.09%. Intel’s revenue was up 20.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 earnings per share. On average, equities analysts expect that Intel will post 1.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Montgomery Financial Services LLC acquired a new stake in shares of Intel during the second quarter worth $26,000. Next Level Wealth Planning LLC acquired a new stake in Intel during the third quarter worth approximately $28,000. Glynn Capital Management LLC bought a new position in shares of Intel during the 2nd quarter worth approximately $29,000. Knuff & Co LLC bought a new position in Intel during the second quarter worth $29,000. Finally, Beaird Harris Wealth Management LLC grew its stake in shares of Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after buying an additional 223 shares during the period. Institutional investors own 64.53% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel exceeded third-quarter expectations, reporting adjusted earnings of $0.52 per share versus a roughly $0.41 consensus estimate. Revenue increased 21% year over year to approximately $16.5 billion. Intel third-quarter earnings report
• Positive Sentiment: Data Center and AI revenue rose 78% to $7.3 billion, while Intel Foundry revenue increased 58% to $6.7 billion. CEO Lip-Bu Tan also highlighted the potential for AI agents to expand the server CPU market. Intel server and AI revenue coverage
• Neutral Sentiment: Intel agreed to acquire Israeli quantum software company Classiq Technologies for about $2.3 billion, seeking to build a full-stack quantum-computing business. The deal may provide a long-term growth option but adds to near-term spending and execution demands. Intel Classiq acquisition
• Negative Sentiment: Fourth-quarter guidance was well below Wall Street expectations: revenue is projected at $15 billion-$16 billion, versus approximately $17.1 billion expected, with adjusted earnings of about $0.25 per share versus roughly $0.45 expected. Management said the PC slowdown could persist through at least the first half of 2027. Reuters Intel outlook report
• Negative Sentiment: Memory shortages and higher component prices are making PCs more expensive, while Intel expects client-computing revenue to weaken. A blast at its Israel facility is expected to cause roughly $300 million-$600 million in revenue disruption, adding to manufacturing constraints. Intel PC slowdown and Israel facility report
• Negative Sentiment: Analysts responded with multiple downgrades and price-target reductions, citing weak PC demand, supply bottlenecks, lower margins, heavy foundry investment and the risk that Intel may not generate free cash flow in 2027. The outlook also triggered a broad semiconductor selloff, pressuring AMD, Nvidia, Broadcom and other chip stocks. Analyst reactions to Intel earnings

About Intel

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.