Intel (NASDAQ:INTC) Stock Price Down 2.8% – Here’s Why

Shares of Intel Corporation (NASDAQ:INTC) dropped 2.8% during mid-day trading on Thursday. The stock traded as low as $90.02 and last traded at $95.37. 145,815,656 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 116,348,891 shares. The stock had previously closed at $98.12.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A technical trading signal near $91.75 briefly attracted buyers and helped Intel shares rebound intraday. Intel Shares Rise Over 3% After Key Trading Signal
• Positive Sentiment: Intel’s Crescent Island inference GPU has reached customer testing, supporting its effort to compete in lower-cost AI inference and diversify beyond traditional CPUs. Intel’s 350-Watt Inference GPU Reaches Customer Testing
• Positive Sentiment: Recent coverage points to strong second-quarter revenue growth, improving computing-infrastructure demand, and expectations for solid third-quarter results ahead of the October 29 earnings report. Intel Earnings Preview
• Positive Sentiment: Thirty-four exchange-traded funds added Intel holdings on October 13, while CEO Lip-Bu Tan previously disclosed a roughly $10 million open-market purchase—signals of institutional and insider interest, though neither guarantees future performance. 34 ETFs Add to Intel Holdings
• Neutral Sentiment: ASML says AI-chip demand may exceed supply for two more years, a favorable industry backdrop for Intel’s manufacturing ambitions, but the company still must execute on its foundry ramp and win customers. AI Demand to Exceed Supply
• Negative Sentiment: An explosion and fire at Intel’s Kiryat Gat manufacturing site in Israel, with serious injuries and reported fatalities, raised concerns about safety, potential disruption, and added costs. Intel Slides After Plant Blast in Israel
• Negative Sentiment: TSMC indicated it could support customers if Intel’s advanced-packaging ramp falls short, highlighting competitive and execution risks for Intel’s foundry strategy. TSMC Hints It Could Back Up Intel Customers
• Negative Sentiment: Hotter inflation data, higher interest-rate expectations, concerns about AI financing, and elevated chip valuations triggered broad selling across Intel, AMD, Nvidia, and TSMC despite TSMC’s record results. Intel and AMD Plummet as Semiconductor Selloff Continues
• Negative Sentiment: Investors remain concerned about Intel’s persistent foundry losses, negative reported earnings, and the premium valuation implied by the stock’s sharp 2026 rally.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on INTC shares. KeyCorp set a $125.00 price objective on shares of Intel in a research note on Friday, July 24th. Stifel Nicolaus dropped their price objective on shares of Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a report on Friday, July 24th. Barclays raised shares of Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Piper Sandler started coverage on Intel in a research note on Wednesday, September 9th. They set a “neutral” rating and a $110.00 price target on the stock. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $125.00 price target on shares of Intel in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $109.06.

Intel Trading Down 2.8%

The stock has a market capitalization of $481.05 billion, a PE ratio of -45.20, a P/E/G ratio of 10.97 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 50 day moving average price of $103.38 and a 200 day moving average price of $101.03.

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

Insider Transactions at Intel

In other news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was purchased 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 owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Southern Financial Group LLC grew its holdings in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after acquiring an additional 90 shares during the last quarter. Harrell Investment Partners LLC lifted its holdings in Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after buying an additional 100 shares during the period. TFR Capital LLC. increased its stake in shares of Intel by 0.4% during the second quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock valued at $3,720,000 after buying an additional 100 shares during the period. Walker Asset Management LLC lifted its stake in Intel by 1.9% in the third quarter. Walker Asset Management LLC now owns 5,433 shares of the chip maker’s stock worth $653,000 after acquiring an additional 100 shares during the period. Finally, Wynn Capital LLC increased its position in Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock valued at $3,793,000 after purchasing an additional 104 shares during the period. Institutional investors own 64.53% of the company’s stock.

Intel Company Profile

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.