Intel (NASDAQ:INTC) Stock Price Down 2.1% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) shares were down 2.1% during mid-day trading on Tuesday . The company traded as low as $99.46 and last traded at $107.92. Approximately 147,430,174 shares changed hands during mid-day trading, an increase of 22% from the average daily volume of 120,485,984 shares. The stock had previously closed at $110.27.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America upgraded Intel to Buy and raised its target to $135, citing stronger CPU growth prospects and renewed confidence in Intel Foundry. Intel Just Got a Rare Double Upgrade From Bank of America. The Stock Is Surging
• Positive Sentiment: BofA said Intel remains underowned in funds, suggesting more buying could follow if institutional ownership catches up. Intel’s stock could push even higher thanks to this subtle dynamic, Bofa says
• Positive Sentiment: Recent reports also pointed to Intel’s growing foundry momentum and new customer traction, reinforcing the turnaround narrative. Massive News for Intel Stock Investors!
• Neutral Sentiment: Intel was also featured in coverage about new laptop and AI-related product plans, which may support the long-term story but are less immediate trading catalysts. Intel’s Project Firefly Takes The Best of Phones To Build Laptops In A Slim 12.9mm Metal Chassis With No Vents – Wccftech
• Negative Sentiment: Some earlier coverage warned that Intel had been slipping alongside other chip names during a broader tech selloff, showing sentiment can still swing quickly if macro conditions worsen. Micron, Intel drag the tech sector into a new bearish phase. Will the correction last this time?

Wall Street Analyst Weigh In

A number of analysts have issued reports on INTC shares. New Street Research assumed coverage on Intel in a report on Thursday. They issued a “buy” rating on the stock. Moffett Nathanson lowered Intel to a “neutral” rating in a report on Thursday. Robert W. Baird lifted their price objective on Intel from $50.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Seaport Research Partners lifted their price objective on Intel from $65.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Piper Sandler assumed coverage on Intel in a report on Thursday. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty-seven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and an average price target of $87.31.

Intel Price Performance

The company has a market cap of $587.84 billion, a price-to-earnings ratio of -188.64 and a beta of 2.21. The company has a fifty day moving average price of $92.19 and a two-hundred day moving average price of $60.54. 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 posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.Intel’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts anticipate that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Activity 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 in the company, 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 through the SEC website. 0.05% of the stock is owned by company insiders.

Hedge Funds Weigh In On Intel

Hedge funds and other institutional investors have recently modified their holdings of the stock. Demars Financial Group LLC boosted its stake in shares of Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after acquiring an additional 125 shares in the last quarter. Human Investing LLC boosted its stake in shares of Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after acquiring an additional 126 shares in the last quarter. Raleigh Capital Management Inc. boosted its stake in shares of Intel by 15.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after acquiring an additional 127 shares in the last quarter. Angeles Wealth Management LLC boosted its stake in shares of Intel by 0.7% during the 1st quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock worth $843,000 after acquiring an additional 134 shares in the last quarter. Finally, Signature Resources Capital Management LLC boosted its stake in shares of Intel by 21.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock worth $37,000 after acquiring an additional 147 shares in 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.