Intel (NASDAQ:INTC) Shares Down 2.8% – Here’s What Happened

Intel Corporation (NASDAQ:INTC)’s share price dropped 2.8% on Friday . The company traded as low as $46.71 and last traded at $46.96. Approximately 125,825,396 shares traded hands during trading, an increase of 1% from the average daily volume of 125,073,680 shares. The stock had previously closed at $48.32.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Seeking Alpha argues Intel is mid-turnaround — improved fundamentals, debt reduction, positive free cash flow and 2026 guidance that points to margin expansion and stabilization; this narrative supports investor optimism. Intel: Big Day
• Positive Sentiment: Coverage highlights fresh demand signals (sold‑out 2026 server CPU capacity), partnerships (Nvidia, SoftBank rumors, Apple linkage) and foundry momentum that are driving a multi-month rally and interest from strategic customers. Intel extends comeback as investors bet on foundry growth
• Positive Sentiment: Street actions: Citi upgraded Intel to Neutral with a $50 target and Loop Capital raised its target to $50; KeyCorp keeps an Overweight view with a $60 target — analyst support helps sustain the rally and gives near‑term price support. Citi upgrades Intel
• Neutral Sentiment: Market is focused on upcoming Q4 2025 earnings (reporting Jan. 22). Zacks and other previews expect modest revenue and small EPS (consensus ~ $13.3B revenue, low‑single‑digit cents EPS); results and guidance will be the immediate catalyst. INTC Stock Before Q4 Earnings
• Neutral Sentiment: Analyst commentary and macro pieces (Catalyst Watch) note events (Davos, media drama) and positioning that could influence sentiment but are not direct drivers of Intel’s near‑term fundamentals. Catalyst Watch: Intel earnings, drama in Davos…
• Negative Sentiment: TipRanks warns that foundry plans have so far given Intel “little help” — customer wins and capacity commitments are encouraging but may not yet translate into meaningful revenue/margin upside; execution risk remains. Foundry Plans Give Intel Stock Little Help
• Negative Sentiment: Some analyst moves are muted or cautious: Susquehanna’s target is $40 (neutral) and RBC reaffirmed a Hold — reminders that upside is contingent on sustained execution and that valuations/pricing expectations already embed optimism. Susquehanna adjusts Intel price target to $40

Analyst Upgrades and Downgrades

INTC has been the subject of a number of recent research reports. New Street Research raised their target price on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Jefferies Financial Group lifted their price objective on Intel from $40.00 to $45.00 and gave the stock a “hold” rating in a report on Friday. Cantor Fitzgerald boosted their price objective on Intel from $36.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Truist Financial increased their target price on shares of Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Five analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel has an average rating of “Reduce” and an average target price of $39.08.

Intel Trading Down 2.8%

The firm’s 50 day moving average is $38.79 and its 200 day moving average is $31.82. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market cap of $224.33 billion, a PE ratio of 4,700.70, a PEG ratio of 32.95 and a beta of 1.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The firm had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

Hedge Funds Weigh In On Intel

A number of institutional investors have recently made changes to their positions in INTC. West Branch Capital LLC bought a new position in Intel in the second quarter valued at $28,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in Intel in the second quarter worth approximately $28,000. Corundum Trust Company INC bought a new position in Intel during the third quarter valued at approximately $29,000. Eukles Asset Management raised its stake in shares of Intel by 55.6% during the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock worth $31,000 after acquiring an additional 500 shares in the last quarter. Finally, Provenance Wealth Advisors LLC lifted its holdings in shares of Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after acquiring an additional 446 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

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.