Intel (NASDAQ:INTC) Shares Down 6.1% – Here’s Why

Intel Corporation (NASDAQ:INTC)’s share price fell 6.1% during mid-day trading on Tuesday . The company traded as low as $128.30 and last traded at $132.28. 131,046,990 shares were traded during trading, an increase of 7% from the average daily volume of 122,483,688 shares. The stock had previously closed at $140.94.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America raised its price target on Intel to $160 and reiterated a buy rating, signaling confidence in Intel’s improving fundamentals and upside from AI demand. Benzinga report on Intel price target hike
• Positive Sentiment: Intel’s 18A-P chip process advanced to risk production, reinforcing investor optimism that its foundry and advanced packaging strategy is gaining traction. Article on 18A-P risk production
• Positive Sentiment: Articles citing possible Apple collaboration, NVIDIA backing, and growing foundry momentum are boosting the case that Intel could become a key domestic AI-chip manufacturing partner. MarketBeat foundry and packaging article
• Neutral Sentiment: Intel is also getting supportive commentary from market pundits and “buy-the-dip” articles, but these are more sentiment-driven than fundamental catalysts.
• Negative Sentiment: Intel is being dragged lower in a sector-wide selloff as investors cool on AI valuations and reduce exposure to semiconductor stocks. Yahoo Finance tech selloff article

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Robert W. Baird raised their target price on shares of Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. New Street Research started coverage on shares of Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 price target on shares of Intel in a research note on Tuesday, May 12th. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Finally, Wall Street Zen upgraded Intel from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Intel has an average rating of “Hold” and an average target price of $87.98.

Intel Price Performance

The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The firm’s 50 day moving average is $104.17 and its 200 day moving average is $65.55. The firm has a market cap of $664.84 billion, a P/E ratio of -213.35 and a beta of 2.21.

Intel (NASDAQ:INTC) last announced its earnings results 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 negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter last year, the firm earned $0.13 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current year.

Insider Buying and Selling at Intel

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

Institutional Investors Weigh In On Intel

A number of institutional investors have recently modified their holdings of the stock. Sapient Capital LLC raised its position in shares of Intel by 8.2% in the 1st quarter. Sapient Capital LLC now owns 25,322 shares of the chip maker’s stock worth $1,117,000 after purchasing an additional 1,919 shares during the last quarter. Western Wealth Management LLC grew its position in Intel by 57.7% during the 1st quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock valued at $937,000 after purchasing an additional 7,764 shares during the last quarter. Southern Financial Group LLC increased its stake in Intel by 0.6% during the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after purchasing an additional 90 shares in the last quarter. Militia Capital Management LLC bought a new stake in Intel during the 1st quarter valued at about $1,986,000. Finally, Parallel Advisors LLC raised its holdings in Intel by 8.1% in the first quarter. Parallel Advisors LLC now owns 85,975 shares of the chip maker’s stock worth $3,794,000 after buying an additional 6,434 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other 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.