Intel (NASDAQ:INTC) Stock Price Down 2.3% – Should You Sell?

Intel Corporation (NASDAQ:INTC) traded down 2.3% during trading on Thursday . The stock traded as low as $99.24 and last traded at $100.23. 116,431,123 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 120,094,617 shares. The stock had previously closed at $102.62.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly secured its first named outside foundry customer under Lip-Bu Tan, a sign that its contract manufacturing strategy may be gaining traction. Intel’s Foundry Just Landed Its First Named Outside Customer Under Lip-Bu Tan. The Stock Jumped More Than 8% — 2 Days Before Earnings.
• Positive Sentiment: Fortinet announced a collaboration with Intel on a security processor built on Intel 4, reinforcing foundry credibility and adding a visible customer win. Fortinet and Intel Just Announced a New Collaboration. The Real Test for FTNT Stock Is Earnings.
• Positive Sentiment: Multiple reports say Intel and AMD are locking in longer-term China server CPU demand, which could support near-term revenue and pricing. Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge, sources say
• Neutral Sentiment: Analysts broadly expect Intel to report around $0.22 EPS on roughly $14.4 billion in revenue, so the market is focused on whether results merely meet or can materially beat expectations. Intel Q2 Preview: Stock Hammers Nvidia with 7x Returns Since Dow Swap — Will Earnings Fuel Further Gains?
• Negative Sentiment: Several previews warn that Intel’s valuation and recent rally leave little room for disappointment, especially if PC demand stays weak or guidance underwhelms. Intel Stock Nearly Tripled in 2026 — Q2 Earnings Could Be a Reality Check

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on INTC. KGI Securities downgraded Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price objective for the company. in a research note on Monday, April 20th. HC Wainwright set a $150.00 target price on shares of Intel in a research note on Monday, June 29th. Wall Street Zen raised shares of Intel from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. DA Davidson upped their price target 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. Finally, Northland Securities lowered shares of Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Two research 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 assigned a Sell rating to the company. According to data from MarketBeat, Intel currently has an average rating of “Hold” and a consensus price target of $102.77.

Intel Price Performance

The firm has a 50-day moving average of $116.48 and a 200-day moving average of $77.54. The stock has a market cap of $503.76 billion, a PE ratio of -161.66 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts predict that Intel Corporation will post 0.65 EPS for the current year.

Insider Buying and Selling at Intel

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

Institutional Trading of Intel

Several hedge funds have recently bought and sold shares of the stock. iA Global Asset Management Inc. raised its holdings in Intel by 17.0% in the fourth 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 in the last quarter. Whalerock Point Partners LLC bought a new stake in shares of Intel in the 4th quarter valued at about $205,000. Heritage Investment Group Inc. bought a new stake in shares of Intel in the 4th quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Intel in the 4th quarter valued at about $185,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after buying an additional 13,858 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

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.