Intel (NASDAQ:INTC) Trading Down 6.7% – What’s Next?

Shares of Intel Corporation (NASDAQ:INTC) traded down 6.7% on Tuesday . The stock traded as low as $119.51 and last traded at $119.2520. 50,541,033 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 120,824,789 shares. The stock had previously closed at $127.86.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is being included among 2026’s top-performing S&P 500 stocks, with coverage pointing to AI-driven memory and storage demand as a major tailwind for the chip maker. AI Memory Demand Has Turned These 5 S&P 500 Stocks Into Market Leaders (INTC)
• Positive Sentiment: Analysts and market commentators continue to frame Intel as a beneficiary of the AI infrastructure boom, saying demand for server CPUs and inference workloads is strengthening the investment case for INTC. Focus on 5 AI Behemoths Carving a Niche in the Server CPU Chip Market
• Positive Sentiment: Intel also benefited from broad risk-on buying in chips, with semiconductor stocks rallying across the board as investors rotated into AI and chip names. AMD Jumps 8% to a Record High, NVIDIA Climbs 4%, Intel Rises 3% in a Risk-On Chip Surge
• Positive Sentiment: Recent coverage says Google is deepening its Intel deal, reinforcing the view that Intel can gain strategic relevance through high-profile partnerships and foundry relationships. Google Just Went All in on Its Deal With Intel
• Neutral Sentiment: Several articles note that Intel is simply one of the most-watched chip stocks right now, reflecting elevated investor attention rather than a single new catalyst. Here is What to Know Beyond Why Intel Corporation (INTC) is a Trending Stock
• Negative Sentiment: One market note said Intel’s move may also reflect profit-taking after a strong run, suggesting some near-term pullback risk after the recent rally. What’s Going On With Intel Stock Tuesday?

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. DA Davidson upped their price objective on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Barclays upped their price objective on shares of Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Melius Research set a $150.00 price target on shares of Intel in a research report on Monday, May 18th. Truist Financial increased their price target on shares of Intel from $49.00 to $81.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, Robert W. Baird increased their price target on shares of Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Intel has a consensus rating of “Hold” and a consensus price target of $85.98.

Intel Price Performance

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 business’s 50-day simple moving average is $96.72 and its 200 day simple moving average is $62.39. The firm has a market capitalization of $606.53 billion, a P/E ratio of -194.30 and a beta of 2.21.

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

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the 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 completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

A number of institutional investors have recently made changes to their positions in the stock. Demars Financial Group LLC boosted its stake in shares of Intel by 1.7% during the first 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 period. Human Investing LLC boosted its stake in shares of Intel by 0.9% during the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after purchasing an additional 126 shares during the period. Raleigh Capital Management Inc. boosted its stake in shares of Intel by 15.9% during the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after purchasing an additional 127 shares during the period. Angeles Wealth Management LLC boosted its stake in shares of Intel by 0.7% during the first quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock valued at $843,000 after purchasing an additional 134 shares during the period. Finally, Signature Resources Capital Management LLC boosted its stake in shares of Intel by 21.5% during the first quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock valued at $37,000 after purchasing an additional 147 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

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.