Intel (NASDAQ:INTC) Trading Down 7.9% on Analyst Downgrade

Intel Corporation (NASDAQ:INTC)’s stock price dropped 7.9% during mid-day trading on Friday after Stifel Nicolaus lowered their price target on the stock from $120.00 to $110.00. Stifel Nicolaus currently has a hold rating on the stock. Intel traded as low as $91.58 and last traded at $92.32. Approximately 179,397,921 shares changed hands during trading, an increase of 49% from the average session volume of 120,684,680 shares. The stock had previously closed at $100.23.

Other equities research analysts also recently issued research reports about the company. Wolfe Research began coverage on Intel in a research report on Thursday, June 11th. They issued a “peer perform” rating on the stock. KeyCorp boosted their target price on Intel from $110.00 to $155.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Benchmark upped their target price on Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Scotiabank initiated coverage on Intel in a research note on Tuesday, April 21st. They issued a “sector perform” rating on the stock. Finally, TD Cowen raised their price target on Intel from $75.00 to $115.00 and gave the company a “hold” rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $107.67.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction on Friday, May 1st. The shares were 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 directly 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 legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

Institutional Investors Weigh In On Intel

Large investors have recently added to or reduced their stakes in the company. Financially Speaking Inc raised its holdings in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after buying an additional 279 shares in the last quarter. Financial Life Planners purchased a new stake in Intel in the first quarter worth approximately $25,000. Legacy Bridge LLC purchased a new stake in Intel in the fourth quarter worth approximately $26,000. Raleigh Capital Management Inc. purchased a new stake in Intel in the fourth quarter worth approximately $29,000. Finally, Swiss RE Ltd. bought a new position in Intel during the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Price Performance

The firm has a market capitalization of $464.00 billion, a P/E ratio of -43.75 and a beta of 2.18. The business’s 50-day simple moving average is $115.84 and its 200 day simple moving average is $78.07. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share 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 2.52%. The firm had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the business posted ($0.10) EPS. The business’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. Sell-side analysts forecast that Intel Corporation will post 0.65 earnings per share for the current year.

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.