Cantor Fitzgerald Maintains Neutral Rating for Intel (NASDAQ:INTC)

Intel Corporation (NASDAQ:INTC) received a reaffirmed "neutral" rating from Cantor Fitzgerald in a recent research note released on Friday. The investment firm has set a price target of $22.00 for Intel's shares, indicating a potential increase of 9.06% from the company’s previous closing price.

Recent Analyst Commentary

Other investment firms have also recently provided their insights on Intel. For instance, UBS Group reduced their price target from $26.00 to $23.00 and maintained a "neutral" rating on January 21st. Roth Mkm also adjusted their price objective from $25.00 down to $20.00, while Deutsche Bank Aktiengesellschaft decreased theirs from $27.00 to $25.00 on October 3rd, classifying the stock as a "hold." Additionally, Wells Fargo & Company lowered their target price from $28.00 to $25.00, also assigning an "equal weight" rating on Intel shares. Barclays followed suit by reducing their forecast from $25.00 to $23.00 with an equal weight rating.

Currently, five research analysts have issued a sell rating for Intel, while twenty-seven analysts maintain a hold rating, and only one analyst has rated the stock as a buy. MarketBeat reports that the average rating for Intel is "Hold," with a mean target price of $27.08.

Stock Performance Overview

In trading on Friday, Intel's shares rose by 0.8%, reaching a price of $20.17. The trading volume was approximately 44,473,752 shares compared to the average volume of 69,708,031. The company has a market capitalization of $87.00 billion and a price-to-earnings ratio of -5.41. Intel's stock has fluctuated between a 12-month low of $18.51 and a high of $46.63.

Recent Earnings Report

Intel’s last earnings report was released on January 30th, where the company posted earnings per share (EPS) of -$0.02, which was below the consensus estimate of $0.12, marking a significant miss. Additionally, Intel reported a negative net margin of 29.42% and a return on equity of -1.71%. Analysts predict that the company will report an EPS of -$0.87 for the current fiscal year.

Insider Activities and Institutional Involvement

On another note, information about insider trading was also shared. Executive Vice President Michelle Johnston Holthaus sold 25,000 shares at an average price of $26.00, totaling $650,000, which decreased her ownership stake by 8.38%. Currently, company insiders possess only 0.04% of Intel's shares.

A number of hedge funds and institutional investors have recently adjusted their holdings in Intel. For example, Finley Financial LLC acquired a new stake worth approximately $25,000, while Keystone Financial Group Inc. invested about $29,000. Quest Partners LLC increased its position by 7,370.6%, now owning 1,270 shares valued at $30,000. Overall, 64.53% of Intel’s stock is held by institutional investors.

About Intel Corporation

Intel Corporation is a leading company that designs, develops, and manufactures a variety of computing products and related services globally. The company operates through several segments, including Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services. Intel's diverse product range includes central processing units (CPUs), chipsets, mobile and desktop processors, graphics processing units (GPUs), memory, and storage solutions.

Intel, Analysts, Rating