Intel (NASDAQ:INTC) Posts Quarterly Earnings Results

Intel (NASDAQ:INTC - Get Free Report) announced its quarterly earnings data on Thursday. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.14), Zacks reports. Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%. Intel updated its Q1 2025 guidance to 0.000-0.000 EPS.

Intel Price Performance

INTC stock traded up $0.26 during mid-day trading on Thursday, hitting $20.01. The stock had a trading volume of 102,071,077 shares, compared to its average volume of 70,822,969. The firm has a fifty day simple moving average of $20.97 and a 200 day simple moving average of $22.63. The firm has a market capitalization of $86.30 billion, a P/E ratio of -5.38, a P/E/G ratio of 9.72 and a beta of 1.07. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.44. Intel has a 52 week low of $18.51 and a 52 week high of $46.63.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Truist Financial upped their price target on shares of Intel from $25.00 to $26.00 and gave the stock a "hold" rating in a research report on Friday, November 1st. UBS Group cut their target price on shares of Intel from $26.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, January 21st. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research report on Friday, November 1st. Citigroup dropped their price objective on Intel from $22.00 to $21.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 21st. Finally, HSBC upgraded Intel from a "reduce" rating to a "hold" rating in a research note on Tuesday, January 21st. Five investment analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $28.00.

Insider Transactions at Intel

In other news, EVP Michelle Johnston Holthaus sold 25,000 shares of the firm's stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $26.00, for a total value of $650,000.00. Following the sale, the executive vice president now directly owns 273,258 shares in the company, valued at approximately $7,104,708. This trade represents a 8.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.04% of the stock is currently owned by insiders.

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.

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