Intel (NASDAQ:INTC) Shares Down 4.4% – Here’s Why

Intel Corporation (NASDAQ:INTC) shares fell 4.4% on Wednesday . The company traded as low as $99.20 and last traded at $102.99. Approximately 119,728,587 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 120,893,734 shares. The stock had previously closed at $107.76.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s adoption of ASML’s High-NA EUV system is being viewed as a meaningful manufacturing breakthrough that could improve its 18A process and support future chip competitiveness. Intel turns to next-generation ASML tool to help make its laptop chips
• Positive Sentiment: KeyBanc raised its price target on Intel to $155 from $110, citing stronger AI/server demand, better yields, and new design wins, which helped boost sentiment ahead of earnings. Why KeyBanc Thinks Intel Stock Can Gain 45% from Here
• Positive Sentiment: Other analysts also turned more constructive, including HSBC and Stifel, adding to the view that Intel’s turnaround is gaining credibility. Here’s Why HSBC Doubled The PT on Intel (INTC)
• Neutral Sentiment: Intel is also set to report earnings on July 23, so part of today’s move likely reflects traders positioning for a potentially important update on data-center demand, foundry progress, and guidance.
• Negative Sentiment: The stock is still being pressured at times by broader chip-sector volatility, including reports that Micron weakness and China competition fears have dragged down parts of the semiconductor group. Micron Drops 8% on China Competition Fears, Dragging Intel, AMD, and Marvell

Wall Street Analyst Weigh In

INTC has been the subject of several research reports. Mizuho set a $135.00 price target on shares of Intel in a report on Sunday, June 21st. Freedom Capital upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. TD Cowen increased their target price on shares of Intel from $75.00 to $115.00 and gave the stock a “hold” rating in a research report on Monday. Cantor Fitzgerald lifted their target price on shares of Intel from $90.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. Finally, Benchmark upped their price target on shares of Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Intel currently has a consensus rating of “Hold” and an average price target of $101.96.

Intel Stock Down 4.4%

The business has a fifty day moving average of $118.84 and a 200 day moving average of $74.87. The stock has a market cap of $517.93 billion, a price-to-earnings ratio of -166.21 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

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 the consensus estimate of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities analysts predict that Intel Corporation will post 0.64 earnings per share for the current year.

Insider Buying and Selling at Intel

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 transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

Large investors have recently bought and sold shares of the business. Trust Asset Management LLC raised its holdings in Intel by 8.6% during the second quarter. Trust Asset Management LLC now owns 51,805 shares of the chip maker’s stock valued at $7,234,000 after buying an additional 4,090 shares in the last quarter. Ballast Inc. acquired a new stake in shares of Intel in the second quarter worth about $328,000. Regent Peak Wealth Advisors LLC boosted its stake in shares of Intel by 13.8% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 12,498 shares of the chip maker’s stock worth $1,745,000 after acquiring an additional 1,513 shares in the last quarter. Wedge Capital Management L L P NC bought a new stake in shares of Intel during the 2nd quarter worth about $976,000. Finally, Abound Wealth Management increased its holdings in shares of Intel by 74.8% during the 2nd quarter. Abound Wealth Management now owns 1,813 shares of the chip maker’s stock valued at $253,000 after acquiring an additional 776 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

About Intel

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.