Intel (NASDAQ:INTC) Price Target Lowered to $19.00 at Wedbush

Intel (NASDAQ:INTC - Get Free Report) had its price objective reduced by equities researchers at Wedbush from $20.00 to $19.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "neutral" rating on the chip maker's stock. Wedbush's price target would suggest a potential downside of 5.24% from the company's previous close. Wedbush also issued estimates for Intel's Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at $0.05 EPS, FY2025 earnings at ($0.16) EPS and FY2026 earnings at $0.49 EPS.

Other research analysts have also issued reports about the company. Hsbc Global Res upgraded Intel from a "moderate sell" rating to a "hold" rating in a report on Tuesday, January 21st. Bank of America upgraded Intel from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $19.00 to $25.00 in a research note on Thursday, March 13th. JPMorgan Chase & Co. cut their target price on shares of Intel from $26.00 to $23.00 and set an "underweight" rating on the stock in a research note on Friday, January 31st. Roth Mkm decreased their price target on shares of Intel from $25.00 to $20.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Finally, Needham & Company LLC restated a "hold" rating on shares of Intel in a report on Monday, April 14th. Six equities research analysts have rated the stock with a sell rating, twenty-six have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, Intel currently has an average rating of "Hold" and an average target price of $22.83.

Intel Trading Down 6.7 %

NASDAQ INTC traded down $1.44 during trading on Wednesday, hitting $20.05. The stock had a trading volume of 147,372,216 shares, compared to its average volume of 79,618,108. The company has a market capitalization of $87.43 billion, a PE ratio of -4.58 and a beta of 1.13. Intel has a twelve month low of $17.67 and a twelve month high of $37.16. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average price of $21.92 and a 200 day moving average price of $21.87.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The chip maker reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.12. The firm had revenue of $12.67 billion during the quarter, compared to analysts' expectations of $12.26 billion. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. During the same quarter in the previous year, the business posted $0.18 earnings per share. As a group, equities research analysts forecast that Intel will post -0.11 earnings per share for the current year.

Institutional Trading of Intel

A number of institutional investors and hedge funds have recently made changes to their positions in INTC. Finley Financial LLC purchased a new stake in Intel during the fourth quarter valued at about $25,000. Synergy Investment Management LLC purchased a new stake in shares of Intel during the 4th quarter worth about $27,000. Vermillion Wealth Management Inc. acquired a new stake in Intel during the 4th quarter worth approximately $27,000. BankPlus Trust Department purchased a new position in Intel in the fourth quarter valued at approximately $28,000. Finally, Keystone Financial Group Inc. acquired a new position in Intel during the fourth quarter valued at approximately $29,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Company 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.