The price of Intel Corp (NASDAQ:INTC) shares last traded on Wall Street rose 2.29% to $20.51.
INTC stock price is now -7.53% away from the 50-day moving average and -9.04% away from the 200-day moving average. The market capitalization of the company currently stands at $89.44B.
With the price target reduced from $25 to $22, Wells Fargo maintained Equal Weight rating for Intel Corp (NASDAQ: INTC). On April 25, 2025, UBS reiterated its ‘Neutral’ rating on the stock by increasing its target price from $22 to quote $21, while ‘Rosenblatt’ rates the stock as ‘Sell’
In other news, Holthaus Michelle Johnston, EVP & GM, CCG sold 25,000 shares of the company’s stock on Nov 07 ’24. The stock was sold for $650,000 at an average price of $26.00. Upon completion of the transaction, the EVP & GM, CCG now directly owns 273,258 shares in the company, valued at $5.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, Officer Michelle Johnston Holthaus bought 25,000 shares of the business’s stock. A total of $625,000 was incurred on buying the stock at an average price of $25.00. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, Intel Corp has had a low of $17.67 and a high of $37.16. As of last week, the company has a debt-to-equity ratio of 0.50, a current ratio of 1.31, and a quick ratio of 0.93. The fifty day moving average price for INTC is $22.1796 and a two-hundred day moving average price translates $22.54855 for the stock.
The latest earnings results from Intel Corp (NASDAQ: INTC) was released for 2025-03-29. The net profit margin was -36.19% and return on equity was -18.66% for INTC. The company reported revenue of $12.67 billion for the quarter, compared to $12.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.45 percent. For the current quarter, analysts expect INTC to generate $11.93B in revenue.
