Intel (NASDAQ:INTC) Stock Price Target Cut by UBS Group

Intel (NASDAQ:INTC) had its price objective dropped by analysts at UBS Group from $100.00 to $80.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the chip maker’s stock. UBS Group‘s price target suggests a potential upside of 21.65% from the company’s previous close.

Other analysts have also recently issued reports about the company. Susquehanna lowered their target price on Intel from $105.00 to $75.00 and set a “neutral” rating on the stock in a research report on Friday. Evercore reaffirmed an “outperform” rating and set a $133.00 target price on shares of Intel in a research note on Friday. Sanford C. Bernstein upgraded Intel from a “hold” rating to an “outperform” rating in a research report on Monday, October 19th. Daiwa Securities Group cut Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Finally, Stifel Nicolaus set a $90.00 price target on Intel in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $97.42.

Intel Stock Performance

Shares of NASDAQ INTC opened at $65.76 on Friday. 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 company has a market cap of $331.69 billion, a price-to-earnings ratio of -27.29, a price-to-earnings-growth ratio of 6.85 and a beta of 2.42. Intel has a 12-month low of $32.89 and a 12-month high of $142.35. The stock’s 50 day simple moving average is $101.10 and its 200 day simple moving average is $86.36.

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

Insider Activity

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, with a total value 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 approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Pathway Financial Advisers LLC bought a new position in Intel during the third quarter valued at approximately $25,000. Northeast Investment Management lifted its holdings in Intel by 8.9% in the 3rd quarter. Northeast Investment Management now owns 28,322 shares of the chip maker’s stock worth $3,405,000 after purchasing an additional 2,312 shares during the last quarter. Richardson Financial Services Inc. boosted its position in Intel by 36.9% during the third quarter. Richardson Financial Services Inc. now owns 6,590 shares of the chip maker’s stock worth $792,000 after purchasing an additional 1,777 shares during the period. Ascent Group LLC boosted its position in Intel by 2.6% during the third quarter. Ascent Group LLC now owns 79,903 shares of the chip maker’s stock worth $9,607,000 after purchasing an additional 2,024 shares during the period. Finally, 3Chopt Investment Partners LLC raised its position in shares of Intel by 23.5% in the third quarter. 3Chopt Investment Partners LLC now owns 9,989 shares of the chip maker’s stock valued at $1,201,000 after purchasing an additional 1,898 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Trending Headlines about 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.