Intel (NASDAQ:INTC) Stock Price Down 1.2% – Should You Sell?

Shares of Intel Corporation (NASDAQ:INTC) dropped 1.2% on Thursday . The stock traded as low as $95.60 and last traded at $99.81. Approximately 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: Progress toward HDMI 2.1 support is boosting optimism about Intel’s consumer-PC and graphics capabilities, potentially improving the appeal of its platforms in home-entertainment and gaming devices. Intel Stock Gains With Progress on HDMI 2.1
• Positive Sentiment: Intel appointed new leadership focused on customer engagement and growth. The move is intended to strengthen relationships with customers and support execution of the company’s turnaround strategy. Intel Announces Leadership Appointment
• Positive Sentiment: Recent coverage continues to highlight Intel’s strongest revenue growth in more than 15 years, narrowing Foundry losses, improving 18A manufacturing yields and demand-linked capital spending. Second-quarter revenue was about $16.1 billion, up roughly 25% year over year, with adjusted EPS of $0.42. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s earnings benefited substantially from gains on its Intel investment, providing a favorable external signal for INTC and reinforcing investor interest in Intel’s AI and semiconductor exposure. SoftBank Earnings Benefit From Intel Investment
• Neutral Sentiment: Intel is reportedly involved in a planned Texas chip-factory project with SpaceX and Tesla. If completed, the project could support domestic manufacturing and AI infrastructure, but its long-term financial impact is not yet clear. SpaceX and Tesla Chip Factory
• Negative Sentiment: Daiwa Securities Group downgraded Intel to Hold, signaling that valuation and execution risks may limit further gains after the stock’s substantial rebound. Intel Cut to Hold at Daiwa Securities
• Negative Sentiment: Reports of a new CPU-level security attack created concern about potential vulnerabilities in Intel processors and could increase reputational, remediation and customer-support costs. Intel Stock Slips on CPU-Level Attack Reports
• Negative Sentiment: Analysts continue to question whether Intel can compete with TSMC in leading-edge manufacturing. TSMC’s larger revenue base and stronger execution highlight the substantial challenge facing Intel Foundry.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on INTC. Morgan Stanley upped their price objective on shares of Intel from $75.00 to $84.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. The Goldman Sachs Group restated a “neutral” rating on shares of Intel in a report on Thursday, July 23rd. Northland Securities downgraded shares of Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Roth Capital upped their price objective on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 price target on shares of Intel in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Intel presently has an average rating of “Hold” and an average price target of $107.93.

Intel Price Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The business’s fifty day simple moving average is $111.01 and its 200 day simple moving average is $81.51. The stock has a market cap of $512.72 billion, a price-to-earnings ratio of -48.18 and a beta of 2.22.

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. iA Global Asset Management Inc. grew its position in Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after purchasing an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC bought a new stake in shares of Intel in the fourth quarter valued at about $205,000. Heritage Investment Group Inc. acquired a new stake in Intel during the fourth quarter worth about $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Intel during the fourth quarter worth about $185,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Intel by 5.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after acquiring an additional 13,858 shares during the period. 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.