Ignite Planners LLC Buys New Position in Intel Corporation $INTC

Ignite Planners LLC bought a new stake in Intel Corporation (NASDAQ:INTC) during the 2nd quarter, Holdings Channel.com reports. The firm bought 9,541 shares of the chip maker’s stock, valued at approximately $220,000.

Other institutional investors have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in Intel in the first quarter valued at approximately $25,000. HFM Investment Advisors LLC bought a new stake in Intel in the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel in the first quarter valued at approximately $27,000. West Branch Capital LLC bought a new stake in Intel in the second quarter valued at approximately $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Intel in the first quarter valued at approximately $30,000. 64.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on INTC shares. Cantor Fitzgerald upped their target price on Intel from $26.00 to $36.00 and gave the company a “neutral” rating in a report on Friday, September 19th. Northland Securities increased their price target on Intel from $28.00 to $42.00 in a report on Friday, September 19th. HSBC restated a “reduce” rating and set a $24.00 price target (up from $21.25) on shares of Intel in a report on Tuesday. UBS Group increased their price target on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday. Finally, JPMorgan Chase & Co. restated a “sell” rating and set a $21.00 price target on shares of Intel in a report on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat.com, Intel has a consensus rating of “Reduce” and an average price target of $26.30.

Intel Price Performance

Shares of NASDAQ:INTC opened at $37.80 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $38.68. The stock’s 50 day moving average is $26.82 and its 200-day moving average is $23.16. The firm has a market capitalization of $165.45 billion, a price-to-earnings ratio of -7.92 and a beta of 1.33.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Intel Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.