Intel (NASDAQ:INTC) Stock Price Down 1.4% on Analyst Downgrade

Shares of Intel Corporation (NASDAQ:INTC) traded down 1.4% on Wednesday after Northland Securities downgraded the stock from an outperform rating to a market perform rating. The company traded as low as $117.00 and last traded at $121.77. 92,576,082 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 119,757,563 shares. The stock had previously closed at $123.52.

INTC has been the topic of several other research reports. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 21st. DZ Bank upgraded shares of Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. DA Davidson upped their price objective on Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Finally, BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $81.52.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is currently owned by company insiders.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is still benefiting from AI-related enthusiasm, with commentary highlighting that the company’s recent rally is being driven by its exposure to artificial intelligence demand and improved momentum in its chip business. Up Nearly 500% in 1 Year, Can Intel Stock Keep Rising on the Artificial Intelligence (AI) Updraft?
• Positive Sentiment: Intel also got a lift from reports about potential foundry opportunities and White House backing, which reinforced the idea that new strategic deals could support future growth. What’s Going On With Intel Stock Tuesday?
• Neutral Sentiment: Investors are also watching Intel ahead of COMPUTEX 2026 on June 2, where the company may provide fresh product or strategy updates that could move the stock. Dear Intel Stock Fans, Mark Your Calendars for June 2
• Neutral Sentiment: Intel remains a closely watched AI-chip and quantum-computing name, but some recent coverage was more analytical than catalyst-driven and did not materially change the near-term story. Is Intel Corporation (INTC) Among the Best Performing Quantum Computing Stocks So Far in 2026?
• Negative Sentiment: On the downside, multiple articles warned that Intel’s huge rally may have pushed valuation too far, raising pullback risk and helping explain the stock’s decline today. Why Intel Stock Dropped Today
• Negative Sentiment: Wall Street also turned more cautious: Northland Securities downgraded Intel to “market perform,” and another note said Nvidia’s growing server business could intensify competitive pressure on Intel’s data center and AI opportunity. Intel Stock (NASDAQ:INTC) Slides as Nvidia’s Server Business Steps Up

Hedge Funds Weigh In On Intel

A number of hedge funds have recently made changes to their positions in INTC. Vanguard Group Inc. boosted its stake in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after purchasing an additional 13,692,624 shares during the period. State Street Corp boosted its position in shares of Intel by 2.8% during the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares during the last quarter. Capital World Investors grew its stake in Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after acquiring an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC grew its stake in Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock valued at $3,744,406,000 after acquiring an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley increased its holdings in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

The firm’s 50 day simple moving average is $77.49 and its 200 day simple moving average is $54.73. The firm has a market cap of $612.02 billion, a PE ratio of -196.40 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Intel Company Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.