Intel (NASDAQ:INTC) Shares Down 3.4% – Should You Sell?

Shares of Intel Corporation (NASDAQ:INTC) fell 3.4% during mid-day trading on Friday . The company traded as low as $125.50 and last traded at $128.32. Approximately 97,704,544 shares changed hands during trading, a decline of 20% from the average daily volume of 122,313,773 shares. The stock had previously closed at $132.87.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Goldman Sachs began coverage of Intel with a neutral rating and a $150 price target, reinforcing the view that the stock still has upside after its big run. Goldman Sachs coverage on Intel
• Positive Sentiment: Micron’s blockbuster earnings and upbeat outlook for smartphones and PCs helped boost sentiment across semiconductors, including Intel, AMD, Arm, and Qualcomm. Micron article
• Positive Sentiment: Articles highlighting Intel’s turnaround, foundry push, and diversification away from Taiwan-based manufacturing are supporting the bullish narrative that Intel could gain share in advanced chips over time.
• Neutral Sentiment: Intel remains one of the most heavily watched stocks, with multiple articles focused on whether the recent rally is justified after the shares have already surged sharply this year.
• Neutral Sentiment: Congressional-trading and political headlines, including references to Intel-linked holdings and U.S. chip policy, are adding visibility but do not directly change near-term fundamentals.
• Negative Sentiment: Some market commentary says the valuation has run ahead of fundamentals, and broader chip stocks have also seen periods of renewed selling pressure, which could limit further upside if sentiment cools.

Analyst Ratings Changes

Several analysts have recently commented on INTC shares. BNP Paribas Exane raised Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, April 21st. Scotiabank started coverage on Intel in a research report on Tuesday, April 21st. They set a “sector perform” rating on the stock. Wall Street Zen downgraded Intel from a “buy” rating to a “hold” rating in a report on Saturday. Truist Financial increased their price target on Intel from $49.00 to $81.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, Rosenblatt Securities raised their price objective on Intel from $30.00 to $50.00 and gave the company a “sell” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus price target of $90.79.

Intel Stock Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The company has a market cap of $644.94 billion, a PE ratio of -206.96 and a beta of 2.21. The company’s 50 day moving average price is $109.54 and its 200-day moving average price is $67.89.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate 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 business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the prior year, the business earned $0.13 earnings per share. Intel’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. Equities research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Intel

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Basecamp Wealth Advisors LLC raised its position in shares of Intel by 2.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 11,809 shares of the chip maker’s stock valued at $521,000 after purchasing an additional 233 shares during the period. Ballast Advisors LLC bought a new position in Intel in the 1st quarter worth approximately $52,000. Sapient Capital LLC grew its stake in Intel by 8.2% in the 1st quarter. Sapient Capital LLC now owns 25,322 shares of the chip maker’s stock valued at $1,117,000 after buying an additional 1,919 shares in the last quarter. Western Wealth Management LLC grew its stake in Intel by 57.7% in the 1st quarter. Western Wealth Management LLC now owns 21,223 shares of the chip maker’s stock valued at $937,000 after buying an additional 7,764 shares in the last quarter. Finally, Southern Financial Group LLC raised its holdings 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 acquiring an additional 90 shares during the period. 64.53% of the stock is currently owned by institutional investors.

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.