Intel (NASDAQ:INTC) Stock Moved Down to “Hold” by Freedom Broker

Intel (NASDAQ:INTC) was downgraded by research analysts at Freedom Broker from a “buy” rating to a “hold” rating in a research note issued on Friday, Benzinga reports. They currently have a $90.00 price target on the chip maker’s stock, down from their previous price target of $100.00. Freedom Broker‘s price objective suggests a potential upside of 36.86% from the stock’s current price.

Several other research firms have also recently commented on INTC. Evercore reissued an “outperform” rating and set a $133.00 target price on shares of Intel in a research report on Friday. UBS Group downgraded Intel from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a research note on Friday. Daiwa Securities Group lowered Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Wedbush reiterated a “neutral” rating and issued a $98.00 target price on shares of Intel in a research report on Tuesday, October 27th. Finally, Morgan Stanley set a $85.00 price target on shares of Intel in a research report on Monday, October 19th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $97.42.

Intel Stock Performance

Shares of INTC stock opened at $65.76 on Friday. The firm has a market capitalization of $331.69 billion, a price-to-earnings ratio of -27.29, a PEG ratio of 6.85 and a beta of 2.42. The company has a current ratio of 2.21, a quick ratio of 1.86 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average price is $101.10 and its 200-day moving average price is $86.36. Intel has a 12 month low of $32.89 and a 12 month high of $142.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. Intel had a positive return on equity of 4.42% and a negative net margin of 20.09%. The company had revenue of $16.51 billion during the quarter, compared to the consensus estimate of $16.56 billion. During the same period last year, the company earned $0.23 earnings per share. The firm’s revenue was up 20.9% compared to the same quarter last year. Equities research analysts forecast that Intel will post 1.07 EPS for the current year.

Insider Buying and Selling at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTC. Southern Financial Group LLC lifted its stake in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after purchasing an additional 90 shares in the last quarter. Harrell Investment Partners LLC boosted its holdings in shares of Intel by 0.4% during the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after purchasing an additional 100 shares during the last quarter. TFR Capital LLC. grew its position in shares of Intel by 0.4% during the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after purchasing an additional 100 shares in the last quarter. Walker Asset Management LLC increased its holdings in shares of Intel by 1.9% in the third quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker’s stock worth $653,000 after purchasing an additional 100 shares during the last quarter. Finally, Wynn Capital LLC increased its stake in Intel by 0.4% in the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after acquiring an additional 104 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s third-quarter revenue rose 20.9% year over year to $16.51 billion, while adjusted earnings of $0.52 per share exceeded consensus estimates. Data-center growth and the company’s shipment of products built on its advanced 18A process provide evidence that its turnaround remains possible. INTC Q3 deep dive
• Positive Sentiment: Northland Securities raised its earnings estimates for Intel, and some longer-term commentary points to potential benefits from 18A production and strategic investments by the U.S. government, Nvidia and SoftBank. These factors may attract dip buyers, although they have not offset near-term concerns. Northland Securities boosts earnings estimates
• Neutral Sentiment: The broader technology market is also under pressure, with chip stocks contributing to a sharp Nasdaq selloff and investors reducing exposure to cash-intensive artificial-intelligence investments. This market backdrop is amplifying Intel-specific volatility. Nasdaq tumbles as chip stocks fall
• Negative Sentiment: Intel’s outlook is the principal catalyst for selling. Next-quarter revenue guidance of approximately $15.5 billion was materially below analyst expectations, reflecting weaker PC demand and supply or capacity constraints that could limit the recovery. Analyst warns on Intel capacity woes
• Negative Sentiment: Multiple firms, including Seaport Global, Bank of America, Roth Capital and Freedom Broker, downgraded Intel to neutral or hold, while Citigroup, Cantor Fitzgerald, Susquehanna, Truist and other firms cut price targets. Analysts cited execution risk, capacity missteps and a slowing PC market, reinforcing concerns that the stock may remain “dead money” until planning and production problems improve. Seaport Global downgrades Intel

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.