Intel (NASDAQ:INTC) Shares Gap Up – Time to Buy?

Intel Corporation (NASDAQ:INTC) shares gapped up prior to trading on Wednesday . The stock had previously closed at $107.93, but opened at $116.42. Intel shares last traded at $115.02, with a volume of 35,307,223 shares trading hands.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced a strategic collaboration with Foxconn to jointly develop next-generation AI infrastructure and intelligent computing platforms, reinforcing Intel’s role in the AI data-center buildout. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Multiple reports highlighted Intel’s improving positioning in AI inference and stronger CPU demand, helping explain recent optimism around the stock. Motley Fool: Why Intel Stock Rallied Today
• Positive Sentiment: Intel’s CEO Lip-Bu Tan also continued to draw attention after Computex comments that analysts interpreted as supportive of Intel’s turnaround and AI strategy. Yahoo Finance: Intel (INTC) Stock Is Up, What You Need To Know
• Neutral Sentiment: Intel’s stock remains very strong year to date, but recent gains leave it vulnerable to profit-taking when the semiconductor group weakens. Zacks: Intel Surges 192.5% Year to Date
• Negative Sentiment: Broadcom’s disappointing AI-chip outlook triggered a sector-wide semiconductor selloff, pressuring Intel along with peers like AMD and Micron despite Intel’s own news flow. Yahoo Finance: Intel, AMD, Micron shares sink as Broadcom results spark semiconductor sector sell-off
• Negative Sentiment: Coverage notes that AMD continued to gain CPU market share in the May Steam Hardware Survey, underscoring ongoing competitive pressure in Intel’s core PC processor business. TipRanks: AMD Continues to Gain on Intel & Nvidia

Wall Street Analyst Weigh In

Several equities analysts have issued reports on INTC shares. Citigroup lifted their price objective on Intel from $95.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Susquehanna lifted their price objective on Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Royal Bank Of Canada reiterated a “neutral” rating and issued a $80.00 price objective on shares of Intel in a research report on Monday, May 4th. Melius Research set a $150.00 price objective on Intel in a research report on Monday, May 18th. Finally, TD Cowen lifted their price objective on Intel from $60.00 to $75.00 and gave the company a “hold” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $83.35.

Intel Stock Down 0.8%

The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The firm has a market cap of $561.81 billion, a price-to-earnings ratio of -180.29 and a beta of 2.21. The firm has a 50 day moving average price of $87.21 and a 200-day moving average price of $58.52.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same quarter in the prior year, the firm posted $0.13 earnings per share. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.05% of the stock is owned by company insiders.

Hedge Funds Weigh In On Intel

Several large investors have recently made changes to their positions in INTC. Demars Financial Group LLC grew its stake in Intel by 1.7% in the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after buying an additional 125 shares during the last quarter. Human Investing LLC grew its stake in Intel by 0.9% in the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after buying an additional 126 shares during the last quarter. Raleigh Capital Management Inc. grew its stake in Intel by 15.9% in the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after buying an additional 127 shares during the last quarter. Angeles Wealth Management LLC grew its stake in Intel by 0.7% in the 1st quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock valued at $843,000 after buying an additional 134 shares during the last quarter. Finally, Signature Resources Capital Management LLC grew its stake in Intel by 21.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock valued at $37,000 after buying an additional 147 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.