Brokers Issue Forecasts for Intel FY2025 Earnings

Intel Co. (NASDAQ:INTC - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Intel in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst C. Muse expects that the chip maker will earn $0.18 per share for the year. The consensus estimate for Intel's current full-year earnings is ($0.87) per share.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, October 31st. The chip maker reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.44). The company had revenue of $13.30 billion for the quarter, compared to the consensus estimate of $13.02 billion. Intel had a negative net margin of 29.42% and a negative return on equity of 1.71%. The business's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.28 EPS.

A number of other equities analysts also recently commented on INTC. Citigroup lowered their target price on Intel from $22.00 to $21.00 and set a "neutral" rating for the company in a report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price objective on Intel from $27.00 to $25.00 and set a "hold" rating for the company in a research note on Thursday, October 3rd. Needham & Company LLC reiterated a "hold" rating on shares of Intel in a report on Friday, November 1st. Benchmark restated a "hold" rating on shares of Intel in a report on Friday, November 1st. Finally, The Goldman Sachs Group reduced their price objective on shares of Intel from $22.00 to $21.00 and set a "sell" rating for the company in a research note on Thursday, October 17th. Five equities research analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $28.81.

Intel Trading Down 1.3 %

Shares of NASDAQ INTC traded down $0.29 during trading hours on Thursday, reaching $21.57. The stock had a trading volume of 55,690,789 shares, compared to its average volume of 66,998,000. The business's fifty day moving average price is $21.37 and its two-hundred day moving average price is $23.12. The firm has a market cap of $93.03 billion, a price-to-earnings ratio of -5.80, a P/E/G ratio of 9.59 and a beta of 1.07. Intel has a 52-week low of $18.51 and a 52-week high of $50.30. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.44.

Insider Buying and Selling

In other Intel news, EVP Michelle Johnston Holthaus sold 25,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $26.00, for a total transaction of $650,000.00. Following the transaction, the executive vice president now directly owns 273,258 shares in the company, valued at approximately $7,104,708. This represents a 8.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.04% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Intel

Several institutional investors have recently modified their holdings of INTC. Quest Partners LLC raised its holdings in shares of Intel by 7,370.6% in the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker's stock valued at $30,000 after acquiring an additional 1,253 shares in the last quarter. Finley Financial LLC bought a new position in shares of Intel in the 4th quarter worth $25,000. FSA Wealth Management LLC purchased a new position in Intel in the third quarter worth $34,000. Capital Performance Advisors LLP bought a new position in shares of Intel during the 3rd quarter valued at about $36,000. Finally, West Financial Advisors LLC bought a new stake in Intel in the 4th quarter worth approximately $31,000. 64.53% of the stock is owned by institutional investors.

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.