Intel (NASDAQ:INTC) Trading Down 1.2% – Here’s What Happened

Intel Corporation (NASDAQ:INTC)’s share price was down 1.2% during mid-day trading on Thursday . The stock traded as low as $95.60 and last traded at $99.81. 77,224,794 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 120,640,125 shares. The stock had previously closed at $101.06.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s turnaround narrative continues to attract investor attention. Recent coverage highlighted the company’s strongest revenue growth in more than 15 years, improving profitability, stronger manufacturing yields, narrowing foundry losses and progress toward higher-volume production of its 18A process. Intel’s Turnaround Entered A New Phase
• Positive Sentiment: SoftBank’s quarterly results provided an indirect bullish signal for Intel after an approximately $8.2 billion gain on its Intel investment helped the Japanese technology investor exceed profit expectations. The gain underscores the substantial appreciation in Intel’s shares and continued interest in its AI and semiconductor positioning. SoftBank earnings exceed expectations
• Positive Sentiment: Intel joined the OCUDU Ecosystem Foundation, a move that could improve its participation in open hardware and software initiatives, although the financial impact is likely to be longer term. Intel joins OCUDU ecosystem
• Neutral Sentiment: Investor commentary remains divided after Intel’s strong quarterly performance. Expectations for AI-related CPU demand, packaging and external foundry customers have risen sharply, but analysts continue to focus on execution, capital requirements and the company’s ability to prove it can compete with Taiwan Semiconductor Manufacturing.
• Negative Sentiment: Reports of a new CPU-level attack are weighing on sentiment. Intel has extensive experience responding to processor vulnerabilities, but another hardware-level security issue could increase remediation costs, affect customer confidence and reinforce concerns about product reliability. Intel stock slips amid reports of new CPU-level attack
• Negative Sentiment: Daiwa Securities Group downgraded Intel from “strong buy” to “hold,” adding to caution after the stock’s sharp multi-month rally and elevated investor expectations. Semiconductor rally and Intel analyst update

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Arete Research lifted their target price on shares of Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a research report on Wednesday, June 10th. Barclays raised their price target on shares of Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Roth Capital lifted their price objective on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 24th. JPMorgan Chase & Co. upped their price objective on Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research note on Friday, July 24th. Finally, HC Wainwright set a $150.00 price target on Intel in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Intel presently has an average rating of “Hold” and an average target price of $107.93.

Intel Stock Down 1.2%

The company has a market cap of $503.44 billion, a P/E ratio of -47.30 and a beta of 2.22. 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 fifty day moving average price of $111.69 and a 200 day moving average price of $81.00.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the prior year, the business earned ($0.10) earnings per share. Intel’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts forecast that Intel Corporation will post 1.01 earnings per share for the current year.

Institutional Investors Weigh In On Intel

A number of institutional investors have recently made changes to their positions in the stock. Sivia Capital Partners LLC increased its stake in Intel by 271.7% in the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after purchasing an additional 25,001 shares in the last quarter. United Bank bought a new stake in shares of Intel in the 2nd quarter valued at $205,000. Gamco Investors INC. ET AL raised its stake in Intel by 12.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after buying an additional 1,508 shares during the period. NewEdge Advisors LLC lifted its holdings in Intel by 29.6% during the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock worth $3,545,000 after acquiring an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after acquiring an additional 74,838 shares during the period. 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.