Intel (NASDAQ:INTC) Shares Down 3.4% – Time to Sell?

Intel Corporation (NASDAQ:INTC)’s stock price was down 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 traded hands during trading, a decline of 20% from the average session volume of 122,313,773 shares. The stock had previously closed at $132.87.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Wall Street sentiment improved after Goldman Sachs initiated coverage with a neutral rating and a $150 price target, while Zacks also upgraded Intel to strong-buy. That coverage, along with other recent analyst target hikes, helps reinforce the turnaround narrative. Article link
• Positive Sentiment: Investors are also focusing on Intel’s improving AI and foundry story, with articles highlighting Big Tech’s diversification away from Taiwan and Intel’s role as a Western chip alternative. Those themes could support longer-term demand for Intel’s manufacturing services. Article link
• Positive Sentiment: Recent AI-chip enthusiasm has also spilled over from Micron’s strong results, which lifted sentiment across semiconductors and helped Intel trade higher earlier in the week. Article link
• Neutral Sentiment: Intel is being heavily searched by investors, and multiple articles are debating whether the stock’s big run leaves room for more upside or suggests profits should be taken. That reflects strong interest, but not a clear new catalyst. Article link
• Negative Sentiment: The broader chip sector has also faced renewed selling pressure, with ON Semiconductor’s sharp drop and a general semiconductor pullback weighing on sentiment. That can cap gains in Intel even when company-specific news is positive. Article link

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Oppenheimer started coverage on shares of Intel in a research report on Thursday, June 11th. They issued an “outperform” rating on the stock. Evercore set a $95.00 price target on shares of Intel in a research note on Friday, April 24th. BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Tuesday, April 21st. Truist Financial lifted their target price on shares of Intel from $49.00 to $81.00 and gave the company a “hold” rating in a report on Friday, April 24th. Finally, Wells Fargo & Company boosted their target price on Intel from $85.00 to $110.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Intel currently has an average rating of “Hold” and an average price target of $89.66.

Intel Price Performance

The company’s 50-day moving average price is $108.27 and its 200-day moving average price is $67.46. 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 firm has a market cap of $644.94 billion, a price-to-earnings ratio of -206.96 and a beta of 2.21.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts forecast that Intel Corporation will post 0.63 EPS for the current year.

Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction dated 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 sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Intel in the fourth quarter valued at approximately $2,233,159,000. Capital World Investors grew its holdings in Intel by 32.5% during the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares in the last quarter. Capital Research Global Investors grew its holdings 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 worth $982,279,000 after acquiring an additional 19,722,010 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after purchasing an additional 13,692,624 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after purchasing an additional 11,056,090 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

About Intel

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.