Intel (NASDAQ:INTC) Shares Down 2.2% – What’s Next?

Intel Corporation (NASDAQ:INTC)’s share price dropped 2.2% on Friday. The stock traded as low as $104.00 and last traded at $104.70. Approximately 74,416,616 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 116,615,008 shares. The stock had previously closed at $107.08.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel remains involved in the Terafab project, according to CEO Lip-Bu Tan, reducing concerns that TSMC or another partner could completely displace Intel. The project could become a significant source of future manufacturing and AI-chip demand. Intel Stock Is Falling Thursday: What’s Going On?
• Positive Sentiment: Intel’s manufacturing turnaround continues to attract investor interest following its high-NA EUV breakthrough and faster next-generation process rollout. However, the company still needs to secure customers, increase factory utilization and demonstrate attractive returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
• Positive Sentiment: Anaconda expanded its collaboration with Intel to distribute Intel-optimized AI, machine-learning and Python packages through the conda ecosystem. The companies said those packages have surpassed 500 million downloads, supporting Intel’s software and enterprise-AI strategy. Anaconda Expands Collaboration With Intel
• Neutral Sentiment: Intel is expected to report third-quarter results on October 29. Investors are likely to focus less on revenue—which recently exceeded guidance—and more on gross margin, with prior guidance calling for approximately 42%, only modestly above the second quarter’s 41.8%.
• Negative Sentiment: Higher Treasury yields and surging oil prices have triggered a broader selloff in growth-oriented semiconductor stocks. Intel’s sharp year-to-date rally makes it particularly vulnerable to valuation concerns and profit-taking. Why Are Intel and AMD Stocks Plunging?
• Negative Sentiment: Reports that TSMC could participate in Terafab raised concerns that Intel may lose an exclusive role in the project, potentially weakening one of the company’s key turnaround catalysts. Although Intel says it remains involved, the uncertainty is weighing on sentiment. How Low Can Intel Stock Go?
• Negative Sentiment: Analysts and financial commentators increasingly describe Intel as a high-expectation turnaround investment, leaving limited room for execution mistakes. The stock’s valuation is viewed as demanding given its recent losses and the need to prove that its foundry strategy can generate sustainable profits.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Seaport Research Partners reiterated a “buy” rating and issued a $125.00 target price on shares of Intel in a report on Friday, July 24th. Wolfe Research started coverage on Intel in a report on Thursday, June 11th. They issued a “peer perform” rating on the stock. The Goldman Sachs Group reiterated a “neutral” rating on shares of Intel in a research report on Thursday, July 23rd. DA Davidson boosted their target price on Intel from $77.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Morgan Stanley lifted their price target on Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $109.06.

Intel Stock Down 2.2%

The business has a fifty day moving average price of $102.90 and a two-hundred day moving average price of $99.42. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The company has a market cap of $528.11 billion, a price-to-earnings ratio of -49.62, a P/E/G ratio of 12.07 and a beta of 2.22.

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

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Intel

Hedge funds have recently bought and sold shares of the business. Primecap Management Co. CA acquired a new stake in shares of Intel in the second quarter worth $10,507,291,000. Legal & General Group Plc bought a new stake in Intel in the 2nd quarter valued at $4,096,110,000. Canada Pension Plan Investment Board acquired a new stake in Intel in the 2nd quarter worth $1,848,438,000. Bank of America Corp DE increased its holdings in shares of Intel by 35.7% during the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. Finally, State Street Corp raised its position in shares of Intel by 2.8% during the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after buying an additional 5,714,400 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.