What is Wedbush’s Estimate for Intel FY2025 Earnings?

Intel Co. (NASDAQ:INTC) – Equities researchers at Wedbush cut their FY2025 earnings per share (EPS) estimates for shares of Intel in a report issued on Monday, January 27th. Wedbush analyst M. Bryson now anticipates that the chip maker will post earnings of $0.44 per share for the year, down from their previous forecast of $0.72. The consensus estimate for Intel’s current full-year earnings is ($0.87) per share.

Several other equities analysts have also issued reports on INTC. Truist Financial boosted their price target on Intel from $25.00 to $26.00 and gave the company a “hold” rating in a research note on Friday, November 1st. HSBC raised Intel from a “reduce” rating to a “hold” rating in a research report on Tuesday, January 21st. Rosenblatt Securities reissued a “sell” rating and issued a $17.00 price target on shares of Intel in a report on Tuesday, October 29th. Benchmark reaffirmed a “hold” rating on shares of Intel in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Intel from $27.00 to $25.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Five equities research analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.88.

Intel Stock Performance

NASDAQ:INTC opened at $19.77 on Wednesday. The firm’s 50-day moving average is $21.06 and its 200-day moving average is $22.65. The company has a market cap of $85.25 billion, a price-to-earnings ratio of -5.31, a PEG ratio of 9.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.97 and a current ratio of 1.31. Intel has a 52-week low of $18.51 and a 52-week high of $46.63.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 31st. The chip maker reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.44). The company had revenue of $13.30 billion for the quarter, compared to the consensus estimate of $13.02 billion. Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%. The company’s revenue was down 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.28 EPS.

Insider Buying and Selling

In other Intel news, EVP Michelle Johnston Holthaus sold 25,000 shares of Intel stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $26.00, for a total value of $650,000.00. Following the completion of the sale, the executive vice president now directly owns 273,258 shares in the company, valued at approximately $7,104,708. The trade was a 8.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.04% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intel

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its holdings in Intel by 25.2% during the 2nd quarter. NewEdge Advisors LLC now owns 192,683 shares of the chip maker’s stock worth $5,967,000 after acquiring an additional 38,749 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Intel by 9.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 306,368 shares of the chip maker’s stock worth $9,488,000 after buying an additional 26,663 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Intel by 180.4% in the 2nd quarter. Sunbelt Securities Inc. now owns 3,379 shares of the chip maker’s stock worth $105,000 after buying an additional 2,174 shares during the last quarter. Quarry LP purchased a new position in Intel in the second quarter worth $81,000. Finally, Regal Investment Advisors LLC grew its stake in Intel by 46.9% in the 2nd quarter. Regal Investment Advisors LLC now owns 20,791 shares of the chip maker’s stock valued at $644,000 after purchasing an additional 6,642 shares during the period. Institutional investors own 64.53% of the company’s stock.

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.