Wedbush Reaffirms “Neutral” Rating for Intel (NASDAQ:INTC)

Intel (NASDAQ:INTC)‘s stock had its “neutral” rating reiterated by investment analysts at Wedbush in a report issued on Tuesday, Benzinga reports. They currently have a $98.00 price objective on the chip maker’s stock. Wedbush‘s price objective suggests a potential upside of 4.54% from the company’s previous close.

INTC has been the subject of a number of other research reports. Sanford C. Bernstein raised Intel from a “hold” rating to an “outperform” rating in a research report on Monday, October 19th. Tigress Financial upped their price objective on Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. Citigroup began coverage on Intel in a research note on Monday, October 19th. They issued an “outperform” rating on the stock. Weiss Ratings lowered Intel from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday. Finally, Stifel Nicolaus dropped their price objective on Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Intel presently has an average rating of “Hold” and a consensus target price of $108.23.

Intel Stock Up 3.6%

INTC stock traded up $3.27 during midday trading on Tuesday, hitting $93.74. The company’s stock had a trading volume of 90,053,905 shares, compared to its average volume of 115,620,773. 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 twelve month low of $32.89 and a twelve month high of $142.35. The company’s fifty day moving average price is $102.10 and its 200 day moving average price is $85.24. The stock has a market capitalization of $472.82 billion, a P/E ratio of -44.43, a PEG ratio of 9.23 and a beta of 2.22.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was purchased 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 in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

Large investors have recently modified their holdings of the company. Vestor Capital LLC bought a new position in Intel during the first quarter worth $9,441,000. World Investment Advisors boosted its stake in Intel by 11.2% during the first quarter. World Investment Advisors now owns 62,876 shares of the chip maker’s stock worth $2,775,000 after acquiring an additional 6,326 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new position in Intel during the second quarter worth $4,995,000. Western Wealth Management LLC boosted its stake in Intel by 57.7% during the first quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock worth $937,000 after acquiring an additional 7,764 shares in the last quarter. Finally, Tcfg Wealth Management LLC bought a new position in shares of Intel in the first quarter valued at $202,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Quantum computing acquisition: Intel reportedly agreed to acquire Israeli quantum-software company Classiq for approximately $2.3 billion. The deal is intended to create a full-stack quantum-computing platform and strengthen Intel’s position in a potentially significant long-term growth market. Intel to buy quantum firm Classiq for about $2.3 billion
• Positive Sentiment: Server demand supports the earnings outlook: Analysts expect data-center revenue and Xeon processor demand, aided by AI infrastructure expansion and reported server-CPU shortages, to offset weaker personal-computer conditions. Intel reports third-quarter results on Oct. 29, and some analysts expect a revenue beat or higher guidance. Can Higher Data Center Revenues Propel Intel’s Q3 Earnings?
• Positive Sentiment: Positive analyst actions and new AI products: New Street Research upgraded Intel to Buy, while KeyBanc cited a potential turnaround and issued a $155 target. Intel’s Crescent Island GPUs and Xeon rack designs are aimed at memory-intensive agentic-AI inference, offering another route into AI infrastructure beyond training chips. Intel Rises as New Street Upgrade Cites Server CPU Shortage
• Neutral Sentiment: Tokenization dispute: Intel joined 25 other companies opposing OKXICE’s proposed tokenized-stock platform. The move may reduce unwanted use of Intel’s brand and shares, but the dispute has limited direct financial significance. Intel Joins Opposition to OKXICE Tokenized Stock Plan
• Negative Sentiment: Valuation and competition remain risks: Rosenblatt reaffirmed a Sell rating with an $80 target, while Wedbush maintained Neutral at $98. NVIDIA’s growing CPU business threatens Intel’s traditional market, and Intel’s costly foundry expansion still faces execution and margin concerns. Rosenblatt Securities Intel Rating

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.