Intel (NASDAQ:INTC) Trading Down 7.4% – Time to Sell?

Shares of Intel Corporation (NASDAQ:INTC) traded down 7.4% during mid-day trading on Thursday . The company traded as low as $40.14 and last traded at $40.50. 103,784,234 shares were traded during trading, an increase of 1% from the average session volume of 102,375,281 shares. The stock had previously closed at $43.76.

Wall Street Analyst Weigh In

Several brokerages have recently commented on INTC. Citigroup reissued a “sell” rating and set a $29.00 price target (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Wells Fargo & Company boosted their target price on Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. raised their price target on Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Evercore ISI boosted their price objective on shares of Intel from $23.00 to $41.10 in a research report on Friday, October 24th. Finally, Rosenblatt Securities raised their target price on shares of Intel from $14.00 to $25.00 and gave the company a “sell” rating in a report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat, Intel presently has an average rating of “Reduce” and an average price target of $34.84.

Intel Trading Down 7.4%

The business has a 50-day moving average of $37.41 and a 200 day moving average of $27.82. The stock has a market cap of $193.47 billion, a PE ratio of 4,054.05 and a beta of 1.34. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Norges Bank bought a new position in Intel during the second quarter worth $1,579,378,000. Vanguard Group Inc. raised its holdings in shares of Intel by 2.3% in the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock valued at $8,644,244,000 after buying an additional 8,513,298 shares during the last quarter. Westbourne Investments Inc. lifted its stake in shares of Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after acquiring an additional 54,395 shares during the period. Isthmus Partners LLC grew its stake in shares of Intel by 100.1% during the second quarter. Isthmus Partners LLC now owns 247,660 shares of the chip maker’s stock worth $5,548,000 after purchasing an additional 123,895 shares during the period. Finally, Pacific Wealth Management bought a new stake in shares of Intel in the second quarter worth about $1,593,000. 64.53% of the stock is owned by institutional investors and hedge funds.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.