Intel (NASDAQ:INTC) Shares Down 9% – Here’s Why

Intel Corporation (NASDAQ:INTC) shares dropped 9% during mid-day trading on Wednesday . The company traded as low as $126.68 and last traded at $127.02. 111,021,580 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 122,071,633 shares. The stock had previously closed at $139.63.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC doubled its price target on Intel to $200 and kept a Buy rating, saying the company’s foundry story is “too good to ignore,” which reinforces optimism around Intel’s turnaround and manufacturing ambitions. Top Analyst Hikes Intel Stock (INTC) Price Target by 100%, Says Foundry Story is “Too Good to Ignore”
• Positive Sentiment: Jim Cramer highlighted Intel as his favorite stock, pointing to multiple growth opportunities and CEO Lip-Bu Tan’s turnaround efforts, which may be helping sentiment around the shares. Jim Cramer Highlights Intel’s “Three Major Growth Opportunities”
• Neutral Sentiment: Intel also continues to benefit from adoption wins in enterprise AI, including TPIsoftware using Intel Xeon 6 processors and Arc Pro B60 GPUs for its AI platform, which supports the company’s product roadmap but is not a major near-term catalyst by itself. TPIsoftware Adopts Intel (INTC) Processors and GPUs to Power Enterprise AI Solutions
• Neutral Sentiment: Several articles noted Intel’s huge first-half rally and the stock’s recent volatility, suggesting investors are reassessing whether the valuation already reflects much of the turnaround optimism. Intel Stock Fell 9% in a Day After Soaring About 270% in the First Half. Buy the Dip Before July 23?
• Negative Sentiment: Intel is being dragged down by a broad chip-sector pullback as investors fear AI-driven chip demand may be cooling and some analysts warn of bubble risk in semiconductors. Intel, Marvell Technology, and AMD Stocks Trade Down, What You Need To Know
• Negative Sentiment: More bearish coverage also cited a sharp sector-wide reset after Meta-related AI cloud headlines sparked fears of excess capacity, pressuring Intel alongside other chipmakers. AI Computing Stock Rout Over Meta Cloud Plans Called Market Misread

Analysts Set New Price Targets

Several research analysts have weighed in on INTC shares. Bank of America upped their target price on shares of Intel from $135.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. DA Davidson boosted their price target on Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. DZ Bank upgraded Intel from a “sell” rating to a “neutral” rating in a report on Friday, April 24th. HC Wainwright set a $150.00 price objective on Intel in a research note on Monday. Finally, Moffett Nathanson cut Intel to a “neutral” rating in a report on Thursday, June 11th. Two 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, the stock has an average rating of “Hold” and a consensus target price of $96.69.

Intel Stock Performance

The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The stock has a fifty day moving average price of $114.53 and a two-hundred day moving average price of $70.62. The company has a market capitalization of $604.88 billion, a price-to-earnings ratio of -194.11 and a beta of 2.18.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping 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 analysts’ expectations of $12.32 billion. During the same quarter last year, the business posted $0.13 EPS. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts forecast that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Southern Financial Group LLC grew its stake in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock valued at $632,000 after buying an additional 90 shares in the last quarter. Demars Financial Group LLC lifted its stake in 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 holdings in Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after acquiring an additional 126 shares during the period. Raleigh Capital Management Inc. grew its position in Intel by 15.9% in the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after acquiring an additional 127 shares in the last quarter. Finally, Angeles Wealth Management LLC grew its position in Intel by 0.7% in the 1st quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock valued at $843,000 after acquiring an additional 134 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

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.