Intel (NASDAQ:INTC) Trading Up 10.5% – Time to Buy?

Intel Corporation (NASDAQ:INTC) shares traded up 10.5% during mid-day trading on Friday . The stock traded as high as $40.59 and last traded at $40.6750. 95,709,630 shares were traded during trading, a decline of 6% from the average session volume of 102,261,133 shares. The stock had previously closed at $36.81.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on INTC. Rosenblatt Securities upped their price target on shares of Intel from $14.00 to $25.00 and gave the stock a “sell” rating in a report on Friday, October 24th. Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of Intel from $30.00 to $35.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Cowen reaffirmed a “hold” rating on shares of Intel in a report on Friday, October 24th. Finally, Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel currently has an average rating of “Reduce” and a consensus price target of $34.84.

Intel Trading Up 10.5%

The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The stock’s 50-day simple moving average is $36.43 and its two-hundred day simple moving average is $27.22. The firm has a market capitalization of $194.30 billion, a P/E ratio of 4,071.57 and a beta of 1.31.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The firm had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. Intel’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Hedge Funds Weigh In On Intel

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Corundum Trust Company INC purchased a new stake in Intel in the 3rd quarter worth $29,000. Provenance Wealth Advisors LLC raised its holdings in shares of Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after buying an additional 446 shares during the period. GoalVest Advisory LLC purchased a new stake in shares of Intel during the third quarter worth $34,000. Strengthening Families & Communities LLC acquired a new stake in Intel in the third quarter valued at approximately $33,000. Finally, HFM Investment Advisors LLC acquired a new position in shares of Intel during the 1st quarter worth about $25,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

About Intel

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.