Intel (NASDAQ:INTC) Shares Down 5.6% – Here’s Why

Intel Corporation (NASDAQ:INTC) shares dropped 5.6% during mid-day trading on Thursday . The stock traded as low as $99.34 and last traded at $100.32. 95,540,083 shares were traded during trading, a decline of 19% from the average session volume of 117,634,750 shares. The stock had previously closed at $106.24.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Bank of America dropped their price target on Intel from $160.00 to $145.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Barclays boosted their price objective on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. KeyCorp set a $125.00 price objective on shares of Intel in a report on Friday, July 24th. HC Wainwright set a $150.00 target price on shares of Intel in a research note on Monday, June 29th. Finally, Daiwa Securities Group cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $107.80.

Intel Stock Performance

The business has a fifty day simple moving average of $97.86 and a 200-day simple moving average of $89.89. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The firm has a market cap of $519.23 billion, a P/E ratio of -48.79, a P/E/G ratio of 10.75 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company’s quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal year.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Hedge funds and other institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its holdings in shares of Intel by 13,422.7% during the second quarter. California State Teachers Retirement System now owns 931,579,105 shares of the chip maker’s stock valued at $130,076,390,000 after acquiring an additional 924,690,115 shares in the last quarter. Primecap Management Co. CA bought a new position in Intel in the 2nd quarter worth about $10,507,291,000. Norges Bank purchased a new stake in Intel during the 4th quarter valued at about $2,233,159,000. Legal & General Group Plc purchased a new stake in Intel during the 2nd quarter valued at about $4,096,110,000. Finally, Capital Research Global Investors increased its stake in Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after purchasing an additional 19,722,010 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.