Zacks Research Issues Negative Estimate for Intel Earnings

Intel Co. (NASDAQ:INTC) – Investment analysts at Zacks Research cut their Q2 2026 EPS estimates for shares of Intel in a report issued on Thursday, October 17th. Zacks Research analyst R. Department now anticipates that the chip maker will post earnings of $0.28 per share for the quarter, down from their previous estimate of $0.31. The consensus estimate for Intel’s current full-year earnings is ($0.47) per share. Zacks Research also issued estimates for Intel’s Q3 2026 earnings at $0.32 EPS.

Several other equities research analysts have also issued reports on INTC. Northland Securities lowered their price target on shares of Intel from $68.00 to $42.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Argus lowered Intel from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Truist Financial decreased their price target on Intel from $33.00 to $25.00 and set a “hold” rating for the company in a research note on Friday, August 2nd. Wedbush dropped their price objective on Intel from $32.50 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Finally, Daiwa America raised shares of Intel to a “hold” rating in a research note on Monday, August 26th. Six equities research analysts have rated the stock with a sell rating, twenty-four have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $31.92.

Intel Price Performance

NASDAQ INTC opened at $22.77 on Friday. The firm’s 50 day moving average is $21.40 and its 200-day moving average is $28.03. The company has a quick ratio of 1.24, a current ratio of 1.59 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $96.93 billion, a PE ratio of 23.72 and a beta of 1.03. Intel has a 12-month low of $18.51 and a 12-month high of $51.28.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, August 1st. The chip maker reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.08). The firm had revenue of $12.80 billion during the quarter, compared to the consensus estimate of $12.92 billion. Intel had a net margin of 1.77% and a return on equity of 1.78%. The business’s revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.05) earnings per share.

Intel Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, September 1st. Stockholders of record on Wednesday, August 7th were issued a dividend of $0.125 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.50 annualized dividend and a dividend yield of 2.20%. Intel’s dividend payout ratio is presently 52.08%.

Insider Activity

In related news, CEO Patrick P. Gelsinger bought 12,500 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was purchased at an average cost of $20.16 per share, for a total transaction of $252,000.00. Following the transaction, the chief executive officer now owns 37,975 shares in the company, valued at $765,576. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.04% of the stock is owned by company insiders.

Hedge Funds Weigh In On Intel

Hedge funds have recently bought and sold shares of the company. William B. Walkup & Associates Inc. acquired a new position in shares of Intel during the 2nd quarter worth $2,178,000. Private Advisory Group LLC acquired a new position in Intel during the third quarter worth about $8,045,000. Brookstone Capital Management lifted its holdings in shares of Intel by 65.2% in the first quarter. Brookstone Capital Management now owns 69,096 shares of the chip maker’s stock worth $3,052,000 after acquiring an additional 27,274 shares during the last quarter. Sanibel Captiva Trust Company Inc. boosted its stake in shares of Intel by 21.1% in the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 279,591 shares of the chip maker’s stock valued at $6,559,000 after purchasing an additional 48,765 shares in the last quarter. Finally, Czech National Bank grew its holdings in shares of Intel by 7.2% during the 3rd quarter. Czech National Bank now owns 869,233 shares of the chip maker’s stock valued at $20,392,000 after purchasing an additional 58,021 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.