Wedbush Has Negative Estimate for Intel FY2025 Earnings

Intel Co. (NASDAQ:INTC - Free Report) - Research analysts at Wedbush reduced their FY2025 EPS estimates for Intel in a report issued on Monday, January 27th. Wedbush analyst M. Bryson now anticipates that the chip maker will earn $0.44 per share for the year, down from their prior estimate of $0.72. The consensus estimate for Intel's current full-year earnings is ($0.87) per share.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.14). Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%.

Other equities research analysts have also recently issued reports about the stock. Robert W. Baird raised their price target on shares of Intel from $20.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, November 1st. Citigroup reduced their target price on Intel from $22.00 to $21.00 and set a "neutral" rating for the company in a research note on Tuesday, January 21st. Stifel Nicolaus reaffirmed a "hold" rating and set a $25.00 price target (down from $28.00) on shares of Intel in a research note on Friday, October 25th. Benchmark reissued a "hold" rating on shares of Intel in a research note on Friday, November 1st. Finally, Hsbc Global Res raised Intel from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $28.00.

Intel Trading Up 1.3 %

Shares of INTC stock traded up $0.26 during mid-day trading on Wednesday, hitting $20.01. The company's stock had a trading volume of 104,185,665 shares, compared to its average volume of 71,126,922. The company has a market cap of $86.30 billion, a PE ratio of -5.38, a P/E/G ratio of 9.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.97 and a current ratio of 1.31. The company's fifty day simple moving average is $20.97 and its 200-day simple moving average is $22.63. Intel has a 52 week low of $18.51 and a 52 week high of $46.63.

Institutional Trading of Intel

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its stake in Intel by 4.6% during the 3rd quarter. Geode Capital Management LLC now owns 92,510,098 shares of the chip maker's stock valued at $2,162,891,000 after purchasing an additional 4,103,553 shares during the period. Relyea Zuckerberg Hanson LLC raised its position in shares of Intel by 211.6% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 28,898 shares of the chip maker's stock valued at $579,000 after buying an additional 19,625 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Intel by 4.4% in the third quarter. Principal Financial Group Inc. now owns 4,827,123 shares of the chip maker's stock worth $113,244,000 after buying an additional 204,200 shares in the last quarter. Empirical Asset Management LLC bought a new position in shares of Intel during the fourth quarter worth $276,000. Finally, Swiss National Bank grew its stake in Intel by 0.3% during the third quarter. Swiss National Bank now owns 12,635,400 shares of the chip maker's stock valued at $296,426,000 after acquiring an additional 31,800 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insider Buying and Selling at Intel

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

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.