Intel (NASDAQ:INTC) Trading Up 2.6% – Here’s What Happened

Intel Corporation (NASDAQ:INTC)’s stock price traded up 2.6% during mid-day trading on Friday . The company traded as high as $104.90 and last traded at $102.94. Approximately 85,120,776 shares traded hands during trading, a decline of 27% from the average session volume of 117,391,625 shares. The stock had previously closed at $100.32.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. Investors are watching whether the increases reflect durable pricing power or merely temporary scarcity. Intel May Raise Chip Prices 10% and the Stock Took Off
• Positive Sentiment: Northland upgraded Intel to Outperform and set a $120 price target, citing turnaround progress and constrained server-CPU supply. The call reinforces the view that execution is improving. Northland Upgraded Intel to Outperform
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a clearer valuation for the business. Intel-Backed Altera Prepares IPO
• Positive Sentiment: CEO Lip-Bu Tan recently purchased approximately $10 million of Intel shares, providing a confidence signal as investors reassess the company’s recovery prospects. AI-related attention is also increasing around Intel’s advanced packaging capabilities.
• Neutral Sentiment: Piper Sandler upgraded Intel to Hold, but the change is not a bullish endorsement. Erste Group’s FY2027 EPS estimate of $1.47 is above the current consensus estimate of $1.04, suggesting expectations are improving but remain dependent on execution.
• Negative Sentiment: Profit-taking followed the recent rally, while analysts continue to question whether Intel’s valuation has moved ahead of its still-negative GAAP profitability. Mizuho previously cut its target to $92 on valuation concerns.
• Negative Sentiment: Nvidia’s continued push to expand its AI-chip dominance remains a competitive risk, particularly because Intel has yet to establish a comparable accelerator business. Investors are therefore likely to demand confirmation from upcoming earnings and customer updates.

Analysts Set New Price Targets

INTC has been the subject of several recent analyst reports. Barclays boosted their price target on shares of Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Sanford C. Bernstein reiterated a “market perform” rating and issued a $110.00 target price on shares of Intel in a research report on Monday, July 27th. Wells Fargo & Company boosted their target price on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Melius Research set a $150.00 price target on shares of Intel in a research report on Monday, May 18th. Finally, Piper Sandler assumed coverage on shares of Intel in a research report on Wednesday. They set a “neutral” rating and a $110.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus price target of $107.80.

Intel Price Performance

The stock’s 50-day moving average price is $98.21 and its 200 day moving average price is $89.79. The firm has a market capitalization of $518.72 billion, a price-to-earnings ratio of -48.74, a PEG ratio of 11.38 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the business posted ($0.10) earnings per share. Intel’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts expect that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Intel

A number of institutional investors have recently added to or reduced their stakes in INTC. California State Teachers Retirement System raised its stake in shares of Intel by 13,422.7% in the 2nd quarter. California State Teachers Retirement System now owns 931,579,105 shares of the chip maker’s stock valued at $130,076,390,000 after acquiring an additional 924,690,115 shares during the period. Primecap Management Co. CA purchased a new position in shares of Intel during the 2nd quarter worth approximately $10,507,291,000. Norges Bank purchased a new position in shares of Intel during the 4th quarter worth approximately $2,233,159,000. Legal & General Group Plc purchased a new position in shares of Intel during the 2nd quarter worth approximately $4,096,110,000. Finally, Capital Research Global Investors increased its holdings in Intel by 285.9% in the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after purchasing an additional 19,722,010 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.