DA Davidson Has Lowered Expectations for Intel (NASDAQ:INTC) Stock Price

Intel (NASDAQ:INTC) had its target price dropped by DA Davidson from $100.00 to $70.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a “neutral” rating on the chip maker’s stock. DA Davidson‘s price objective would suggest a potential upside of 10.05% from the company’s current price.

INTC has been the topic of a number of other reports. Wells Fargo & Company dropped their price objective on shares of Intel from $120.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Friday. Seaport Research Partners lowered Intel from a “buy” rating to a “neutral” rating in a report on Friday. Robert W. Baird set a $83.00 target price on Intel in a research report on Friday. Morgan Stanley set a $85.00 price target on Intel in a report on Monday, October 19th. Finally, Bank of America cut Intel from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $145.00 to $100.00 in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $99.78.

Intel Trading Down 30.9%

NASDAQ:INTC traded down $28.46 during midday trading on Friday, hitting $63.61. The stock had a trading volume of 336,157,717 shares, compared to its average volume of 116,544,023. The stock has a 50-day moving average of $101.63 and a 200 day moving average of $86.25. The company has a market capitalization of $320.84 billion, a price-to-earnings ratio of -30.13, a PEG ratio of 10.14 and a beta of 2.22. Intel has a one year low of $32.89 and a one year high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.11. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%. The business had revenue of $16.51 billion during the quarter, compared to analysts’ expectations of $16.56 billion. During the same period in the prior year, the business earned $0.23 EPS. The business’s revenue for the quarter was up 20.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Intel will post 1.05 EPS for the current year.

Insider Buying and Selling

In related news, CEO Lip Bu Tan purchased 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

A number of hedge funds and other institutional investors have recently made changes to their positions in INTC. Vestor Capital LLC acquired a new stake in shares of Intel in the first quarter valued at about $9,441,000. World Investment Advisors boosted its stake in Intel by 11.2% during the first quarter. World Investment Advisors now owns 62,876 shares of the chip maker’s stock worth $2,775,000 after buying an additional 6,326 shares during the last quarter. University of Texas Texas AM Investment Management Co. purchased a new stake in Intel in the 2nd quarter valued at $4,995,000. Western Wealth Management LLC increased its stake in shares of Intel by 57.7% in the 1st quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock worth $937,000 after acquiring an additional 7,764 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Intel by 4.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,493,552 shares of the chip maker’s stock worth $208,541,000 after acquiring an additional 67,588 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reported third-quarter adjusted EPS of $0.52, above the $0.41 consensus estimate, while revenue increased 21% year over year to $16.5 billion. Intel Q3 earnings report
• Positive Sentiment: Data Center and AI revenue surged 78% to $7.3 billion, and Intel Foundry revenue rose 58% to $6.7 billion, suggesting meaningful demand for server chips and manufacturing services. Intel revenue and segment results
• Neutral Sentiment: Chief Executive Lip-Bu Tan said AI agents could eventually expand the server CPU market toward $200 billion, but investors remain focused on whether Intel can execute its foundry and manufacturing turnaround. Intel server CPU outlook
• Negative Sentiment: Fourth-quarter guidance was substantially below expectations: Intel forecast revenue of $15 billion to $16 billion and adjusted EPS of $0.25, versus Wall Street estimates of approximately $17.1 billion and $0.45. Intel weak guidance
• Negative Sentiment: Management said the PC slowdown arrived sooner and deeper than expected and could continue through at least the first half of 2027. Client computing revenue fell 5%, while rising memory prices are making PCs more expensive and weakening demand. Intel PC market warning
• Negative Sentiment: Supply constraints—including shortages of memory, wafers and substrates—are limiting Intel’s ability to meet AI-server demand while disrupting PC shipments. An Israel plant shutdown is expected to reduce revenue by about $300 million. Intel supply and plant disruption
• Negative Sentiment: Analysts broadly cut price targets and shifted toward neutral or hold ratings, citing weaker PC demand, lower margins, execution risks and the possibility that Intel will not generate free cash flow in 2027. Analyst target cuts

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.