Intel (NASDAQ:INTC) Stock Price Down 3.6% – What’s Next?

Intel Corporation (NASDAQ:INTC)’s stock price traded down 3.6% during mid-day trading on Thursday . The company traded as low as $113.17 and last traded at $115.93. 115,228,811 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 119,460,477 shares. The stock had previously closed at $120.29.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s preliminary Apple foundry talks remain the biggest bullish catalyst, with reports suggesting Apple could use Intel for lower-end chips tied to iPhone manufacturing, potentially opening a meaningful long-term revenue stream. Article Title
• Positive Sentiment: Intel also announced it is the official compute partner of McLaren Racing, reinforcing its brand visibility and highlighting broader compute opportunities beyond traditional PC and server markets. Article Title
• Positive Sentiment: Some analysts and investors remain bullish on Intel’s foundry turnaround and AI positioning, arguing the stock could still have room to run if execution improves. Article Title
• Neutral Sentiment: Commentary around Elon Musk’s “Terafab” and Intel’s role as a manufacturing partner continues to fuel speculation that Intel could become a key AI infrastructure supplier over the long term. Article Title
• Neutral Sentiment: Mixed analyst coverage and valuation debate are also in focus, with some saying Intel remains undervalued while others point to a stretched rally and mixed ratings. Article Title
• Negative Sentiment: New reports say Intel is losing ground in server CPUs, with market share slipping as AMD and Arm gain momentum, raising concerns about competitive pressure in a critical growth segment. Article Title
• Negative Sentiment: Several articles also frame today’s weakness as profit-taking after Intel’s huge year-to-date rally, with investors locking in gains amid worries that the AI data-center opportunity is being captured more effectively by rivals. Article Title

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Wedbush reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of Intel in a research note on Tuesday, January 20th. Stifel Nicolaus lifted their price objective on Intel from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research note on Friday, April 24th. Benchmark lifted their price objective on Intel from $76.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Barclays lifted their price objective on Intel from $45.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $77.38.

Intel Trading Down 3.6%

The stock has a market cap of $582.66 billion, a P/E ratio of -186.98 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The company has a 50-day moving average price of $64.79 and a two-hundred day moving average price of $49.88.

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

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction that occurred 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 approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Intel

Several large investors have recently modified their holdings of the stock. Demars Financial Group LLC increased its position in shares of Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after purchasing an additional 125 shares during the last quarter. Human Investing LLC boosted its holdings in Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after acquiring an additional 126 shares during the period. Raleigh Capital Management Inc. boosted its holdings in Intel by 15.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after acquiring an additional 127 shares during the period. Angeles Wealth Management LLC boosted its holdings in Intel by 0.7% during the 1st quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock valued at $843,000 after acquiring an additional 134 shares during the period. Finally, Signature Resources Capital Management LLC boosted its holdings in Intel by 21.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock valued at $37,000 after acquiring an additional 147 shares during the period. Institutional investors own 64.53% of the company’s stock.

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.