Zacks Research Has Negative Estimate for Intel Q2 Earnings

Intel Co. (NASDAQ:INTC) – Analysts at Zacks Research cut their Q2 2026 earnings per share estimates for Intel in a research note issued on Thursday, October 17th. Zacks Research analyst R. Department now forecasts that the chip maker will post earnings of $0.28 per share for the quarter, down from their prior 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.

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

A number of other research analysts have also recently commented on the company. Raymond James cut Intel from an “outperform” rating to a “market perform” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Intel from $27.00 to $25.00 and set a “hold” rating for the company in a research report on Thursday, October 3rd. The Goldman Sachs Group decreased their target price on shares of Intel from $22.00 to $21.00 and set a “sell” rating for the company in a research note on Thursday. StockNews.com downgraded shares of Intel from a “hold” rating to a “sell” rating in a research note on Friday, August 9th. Finally, Roth Mkm decreased their price objective on shares of Intel from $35.00 to $25.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Six investment analysts have rated the stock with a sell rating, twenty-four have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $31.92.

Intel Stock Performance

Shares of INTC stock opened at $22.44 on Friday. The company’s fifty day simple moving average is $21.34 and its 200-day simple moving average is $28.29. The company has a current ratio of 1.59, a quick ratio of 1.24 and a debt-to-equity ratio of 0.40. Intel has a 52 week low of $18.51 and a 52 week high of $51.28. The company has a market cap of $95.53 billion, a PE ratio of 23.38 and a beta of 1.03.

Intel Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Sunday, September 1st. Investors of record on Wednesday, August 7th were paid a dividend of $0.125 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.50 dividend on an annualized basis and a yield of 2.23%. Intel’s payout ratio is currently 52.08%.

Insiders Place Their Bets

In other news, CEO Patrick P. Gelsinger purchased 12,500 shares of Intel stock in a transaction dated Monday, August 5th. The stock was bought at an average price of $20.16 per share, with a total value of $252,000.00. Following the completion of the acquisition, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.04% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intel

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tributary Capital Management LLC acquired a new position in Intel during the 1st quarter worth $27,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Intel in the first quarter worth about $36,000. America First Investment Advisors LLC bought a new position in Intel in the 2nd quarter valued at about $25,000. Cyrus J. Lawrence LLC acquired a new position in Intel during the 2nd quarter valued at about $27,000. Finally, Spartan Fund Management Inc. bought a new stake in shares of Intel during the 2nd quarter worth about $31,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

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.