Intel Corporation (NASDAQ: INTC) achieved a significant milestone on Wednesday, reaching a new 52-week high during trading. The stock climbed to a peak of $44.57 before closing at $43.72, with a substantial trading volume of 74,428,197 shares. This increase marks a notable rise from its previous close of $40.04.
Analyst Upgrades Influence Stock Performance
The surge in Intel’s stock price can be attributed to various brokerage analysts revising their price targets for the company. On October 22, Wedbush raised its price objective from $19.00 to $20.00, maintaining a “neutral” rating. Following this, Northland Securities boosted its target from $28.00 to $42.00 on September 19, indicating a strong bullish sentiment.
Further endorsements came from Loop Capital, which increased its price target from $25.00 to $40.00, also assigning a “hold” rating. Other firms like Mizuho and Cantor Fitzgerald followed suit, raising their targets to $41.00 and $40.00, respectively. Overall, four analysts have rated Intel’s stock as a Buy, while twenty-four have issued a Hold rating and eight have assigned a Sell rating. According to MarketBeat.com, the average rating is currently “Reduce,” with a target price of $35.88.
Despite this positive momentum, Intel’s stock faced a decline of 3.6% in recent trading sessions. The company’s fifty-day and two-hundred-day simple moving averages stand at $37.95 and $30.97, respectively. As of now, Intel’s market capitalization is approximately $196.38 billion, with a price-to-earnings (P/E) ratio of 4,115.12 and a P/E/G ratio of 27.13.
Quarterly Earnings Report Highlights Strong Revenue
Intel recently announced its quarterly earnings on October 23, reporting earnings per share (EPS) of $0.23. The company achieved revenue of $13.65 billion for the quarter, exceeding the consensus estimate of $13.10 billion. This represents a 3.0% increase in revenue compared to the same quarter last year, when the company reported a loss of $0.46 EPS.
For the upcoming fourth quarter of 2025, Intel has set its guidance at $0.08 EPS. Analysts predict that the company will post an EPS of -0.11 for the current fiscal year.
Institutional Investment Activity
Recent activity among institutional investors has shown growing interest in Intel. West Branch Capital LLC established a new stake valued at approximately $28,000 in the second quarter, mirrored by Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna, which also entered a new position in Intel. Corundum Trust Company INC acquired a stake valued at about $29,000 during the third quarter.
Additionally, Eukles Asset Management increased its holdings by 55.6%, now owning 1,400 shares valued at $31,000. Provenance Wealth Advisors LLC also significantly boosted its stake by 89.2%, bringing its total to 946 shares valued at $32,000. Collectively, hedge funds and other institutional investors own 64.53% of Intel’s stock.
Founded in 1968 by Robert Noyce and Gordon E. Moore, Intel is headquartered in Santa Clara, California. The company is renowned for its role as a leading global designer and manufacturer of semiconductor products, particularly known for introducing the first commercial microprocessor.
As Intel continues to navigate the evolving semiconductor landscape, the recent rise in stock price and positive earnings report underscore its ongoing significance in the technology sector.
