Intel Corporation $INTC Stake Lowered by Wasatch Advisors LP

Wasatch Advisors LP cut its stake in Intel Corporation (NASDAQ:INTC) by 47.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,774 shares of the chip maker’s stock after selling 27,376 shares during the quarter. Wasatch Advisors LP’s holdings in Intel were worth $4,157,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of INTC. iA Global Asset Management Inc. raised its stake in Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after buying an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC acquired a new position in shares of Intel during the fourth quarter valued at about $205,000. Heritage Investment Group Inc. acquired a new position in shares of Intel during the fourth quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Intel in the 4th quarter valued at approximately $185,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

NASDAQ:INTC opened at $100.95 on Thursday. The company has a market cap of $509.19 billion, a P/E ratio of -47.84 and a beta of 2.22. Intel Corporation has a twelve month low of $21.36 and a twelve month high of $142.35. The company’s 50-day moving average price is $110.34 and its 200-day moving average price is $82.73. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. Intel’s revenue was up 25.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on INTC shares. Barclays upped their price target on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Wells Fargo & Company lifted their target price on shares of Intel from $110.00 to $120.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Wall Street Zen cut Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $100.00 price target on shares of Intel in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $107.85.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: $20 billion raise strengthens Intel’s financial position. Intel priced 210.5 million new shares at $95 each, with an additional underwriter option. The proceeds are expected to fund AI-related manufacturing and reduce balance-sheet pressure. Bank of America views the offering as evidence of management’s increased confidence in the foundry strategy. Intel: BofA sees $20B raise fueling foundry and server CPU growth
• Positive Sentiment: AI infrastructure demand is lifting semiconductor sentiment. Strong earnings across the server and AI supply chain provided a favorable read-through for Intel, AMD and Nvidia. Analysts and commentators also highlighted Intel as a potential beneficiary of renewed data-center spending. AMD, Intel, and NVIDIA All Rally Wednesday After Series of Blockbuster AI Earnings Reports
• Positive Sentiment: Intel’s turnaround narrative is attracting renewed attention. Jim Cramer named Intel a major focus company, while recent coverage pointed to stronger revenue growth, AI PC demand and narrowing foundry losses. Intel Foundry revenue reportedly rose 31% year over year in the latest quarter, although most revenue still came from Intel’s own products. Jim Cramer Just Called Intel a Major Focus Name
• Neutral Sentiment: Valuation has become a key debate. Intel’s exceptional one-year gain has improved its access to capital but leaves less room for disappointing execution. Some valuation models view the shares as near fair value, while market multiples appear more favorable. Intel Stock Looks Above Fair Value After a Very Large Run
• Negative Sentiment: The offering dilutes existing shareholders. Bank of America estimates the larger share count could reduce near-term earnings per share by roughly 4% to 5%. The capital must generate substantial returns to offset that dilution. A $20 Billion Reason Why Intel Stock Is in Focus
• Negative Sentiment: Execution and profitability remain unresolved. Intel’s foundry is growing but continues to lose billions, and the company is still investing heavily before proving that external customers will scale meaningfully. Market commentary also warns that enthusiasm surrounding AI-linked stocks may reflect bubble-like conditions. Intel: $20 Billion Bought Time, Not A Customer

Intel Company Profile

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.