Cantor Fitzgerald Raises Intel Price Target to $29.00

Intel (NASDAQ:INTC) has received an increase in its price target from Cantor Fitzgerald, who raised their estimate from $22.00 to $29.00 in a recent research report issued on Tuesday. This adjustment comes with a "neutral" rating for the company's stock, indicating a more cautious outlook amidst a mixed analysis landscape.

In the backdrop of this price target shift, various analysts have been weighing in on Intel's performance. For instance, Barclays revised their price target down from $25.00 to $23.00 while maintaining an "equal weight" rating as of January 17. Citigroup also lowered its target from $22.00 to $21.00 and issued a "neutral" rating on January 21. Additionally, Needham & Company LLC reaffirmed a "hold" rating on shares on January 31, the same day Truist Financial reduced its target price from $22.00 to $21.00. Stifel Nicolaus echoed this sentiment, adjusting their price target from $25.00 to $21.00 with a "hold" rating as well.

The stock has garnered a mix of ratings in recent evaluations: five analysts have rated it as a sell, twenty-seven have assigned it a hold, and only one has given a buy rating. According to MarketBeat, the consensus holds an average rating of "Hold" with a target price of $26.88.

Current Market Performance

As of its most recent session, Intel opened at $27.39. The firm's fifty-day simple moving average stands at $20.38, while the 200-day moving average is at $21.52. Intel's market capitalization is currently around $118.60 billion, with a PE ratio of -6.25 and a beta of 1.08. Over the past year, Intel's stock has reached a low of $18.51 and a high of $46.63. The company's financials indicate a debt-to-equity ratio of 0.44, a current ratio of 1.33, and a quick ratio of 0.98.

Intel's latest quarterly earnings report was released on January 30, showing an earnings per share (EPS) of ($0.02), which was below analyst expectations of $0.12. The company reported a net margin of -35.32% and a return on equity of -3.27%. Research analysts project that Intel may post an EPS of -0.11 for the current fiscal year.

Institutional Investments in Intel

Recent activity from institutional investors has shown varied interest in Intel shares. A number of financial firms made new investments in Intel during the fourth quarter. For example, Finley Financial LLC invested approximately $25,000, Synergy Investment Management LLC at $27,000, and BankPlus Trust Department at $28,000. Moreover, Quest Partners LLC significantly increased its holdings by 7,370.6%, now owning 1,270 shares valued at around $30,000 after purchasing an additional 1,253 shares. Institutional investors hold approximately 64.53% of Intel’s stock.

Overview of Intel Corporation

Intel Corporation is a major player in the tech industry, focused on designing, manufacturing, and marketing computing products and related services worldwide. The company operates through different segments, including Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services. Intel's product range includes central processing units (CPUs), chipsets, system-on-chips (SoCs), graphics processing units (GPUs), memory and storage solutions, connectivity, and various other semiconductor products.

This information is crucial for investors contemplating their next moves regarding Intel. It highlights the current market sentiments and expectations surrounding one of the biggest names in semiconductor manufacturing.Intel, Stock, PriceTarget