Intel (NASDAQ:INTC) Trading Up 6% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) rose 6% during mid-day trading on Tuesday . The company traded as high as $142.35 and last traded at $139.63. Approximately 115,035,396 shares were traded during trading, a decline of 6% from the average session volume of 122,145,578 shares. The stock had previously closed at $131.72.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target on Intel to $150 from $90, reinforcing investor optimism that the stock may still have room to rerate as the company’s foundry strategy gains credibility. Intel Stock Jumps as Price-Target Hike Adds to Foundry Momentum
• Positive Sentiment: Investors are also buying into the broader semiconductor rally, with reports pointing to stronger AI infrastructure spending and a risk-on move across chip stocks that lifted Intel alongside peers. Intel, AMD Jump 7% as Chip Stocks Catch a Risk-On Bid
• Positive Sentiment: Separate coverage said Intel is still seen as a potential winner in the next AI market shift, helping support the bullish narrative around its AI and manufacturing roadmap. Why Intel Stock Just Popped
• Neutral Sentiment: One headline warned that ByteDance is working on custom AI chips by 2027 that could cut out AMD and Intel, underscoring competitive pressure in advanced AI silicon rather than an immediate earnings issue. ByteDance Races to Mass Produce Custom AI Chips by 2027, Cutting Out AMD and Intel

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Robert W. Baird increased their target price on shares of Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Cantor Fitzgerald boosted their price target on shares of Intel from $90.00 to $150.00 and gave the company a “neutral” rating in a report on Monday. Bank of America upped their price objective on shares of Intel from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Seaport Research Partners raised their price objective on Intel from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Raymond James Financial upgraded Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $93.93.

Intel Stock Performance

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 stock’s 50 day simple moving average is $110.80 and its two-hundred day simple moving average is $68.72. The stock has a market cap of $701.78 billion, a P/E ratio of -225.21 and a beta of 2.21.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The firm’s revenue 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, research analysts forecast that Intel Corporation will post 0.63 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

A number of institutional investors have recently modified their holdings of the company. Norges Bank acquired a new stake in Intel in the 4th quarter valued at approximately $2,233,159,000. Capital World Investors boosted its position in Intel by 32.5% during the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the last quarter. Capital Research Global Investors boosted its position in Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after acquiring an additional 19,722,010 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

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.