Intel (NASDAQ:INTC) Given New $70.00 Price Target at DA Davidson

Intel (NASDAQ:INTC) had its price objective reduced by equities researchers at DA Davidson from $100.00 to $70.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “neutral” rating on the chip maker’s stock. DA Davidson‘s target price indicates a potential upside of 10.05% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Citigroup began coverage on shares of Intel in a research report on Monday, October 19th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. upgraded shares of Intel from an “underweight” rating to a “neutral” rating and set a $85.00 price target for the company in a research report on Monday, October 19th. Zacks Research upgraded Intel from a “hold” rating to a “strong-buy” rating in a research note on Monday. Seaport Research Partners lowered Intel from a “buy” rating to a “neutral” rating in a report on Friday. Finally, Evercore reaffirmed an “outperform” rating and set a $133.00 price target on shares of Intel in a report on Friday. Two 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 issued a Sell rating to the company. According to data from MarketBeat, Intel has a consensus rating of “Hold” and an average target price of $99.78.

Intel Trading Down 30.9%

Intel stock traded down $28.46 during mid-day trading on Friday, hitting $63.61. The company’s stock had a trading volume of 336,157,717 shares, compared to its average volume of 116,544,023. The stock’s fifty day moving average is $101.63 and its two-hundred day moving average is $86.25. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $320.84 billion, a PE ratio of -30.13, a price-to-earnings-growth ratio of 10.14 and a beta of 2.22. Intel has a 1 year low of $32.89 and a 1 year high of $142.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The business had revenue of $16.51 billion during the quarter, compared to analysts’ expectations of $16.56 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same period last year, the business earned $0.23 earnings per share. On average, analysts anticipate that Intel will post 1.05 EPS for the current year.

Insider Transactions at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Montgomery Financial Services LLC acquired a new position in Intel in the 2nd quarter valued at about $26,000. Next Level Wealth Planning LLC purchased a new stake in shares of Intel during the 3rd quarter valued at $28,000. Glynn Capital Management LLC purchased a new stake in shares of Intel during the 2nd quarter valued at $29,000. Knuff & Co LLC acquired a new stake in shares of Intel during the 2nd quarter worth $29,000. Finally, Beaird Harris Wealth Management LLC increased its holdings in shares of Intel by 3,185.7% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after buying an additional 223 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported third-quarter adjusted EPS of $0.52, above the $0.41 consensus estimate, while revenue increased 21% year over year to $16.5 billion. Intel Q3 earnings report
• Positive Sentiment: Data Center and AI revenue surged 78% to $7.3 billion, and Intel Foundry revenue rose 58% to $6.7 billion, suggesting meaningful demand for server chips and manufacturing services. Intel revenue and segment results
• Neutral Sentiment: Chief Executive Lip-Bu Tan said AI agents could eventually expand the server CPU market toward $200 billion, but investors remain focused on whether Intel can execute its foundry and manufacturing turnaround. Intel server CPU outlook
• Negative Sentiment: Fourth-quarter guidance was substantially below expectations: Intel forecast revenue of $15 billion to $16 billion and adjusted EPS of $0.25, versus Wall Street estimates of approximately $17.1 billion and $0.45. Intel weak guidance
• Negative Sentiment: Management said the PC slowdown arrived sooner and deeper than expected and could continue through at least the first half of 2027. Client computing revenue fell 5%, while rising memory prices are making PCs more expensive and weakening demand. Intel PC market warning
• Negative Sentiment: Supply constraints—including shortages of memory, wafers and substrates—are limiting Intel’s ability to meet AI-server demand while disrupting PC shipments. An Israel plant shutdown is expected to reduce revenue by about $300 million. Intel supply and plant disruption
• Negative Sentiment: Analysts broadly cut price targets and shifted toward neutral or hold ratings, citing weaker PC demand, lower margins, execution risks and the possibility that Intel will not generate free cash flow in 2027. Analyst target cuts

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.