Intel (NASDAQ:INTC) Shares Down 6.6% – Here’s What Happened

Intel Corporation (NASDAQ:INTC)’s share price traded down 6.6% during mid-day trading on Tuesday . The company traded as low as $95.25 and last traded at $96.69. Approximately 121,013,260 shares traded hands during trading, an increase of 1% from the average session volume of 120,291,344 shares. The stock had previously closed at $103.49.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan purchased approximately $10 million of shares at $95 each, a notable signal of confidence from management after the company’s recent equity offering. Intel CEO share purchase
• Positive Sentiment: Recent 13F filings showed major institutional commitments to Intel, including SoftBank’s roughly 86.9 million shares and a reported multibillion-dollar NVIDIA position. These holdings reinforce the turnaround and foundry investment narrative, although 13F data is backward-looking. SoftBank Intel holding
• Neutral Sentiment: Analysts continue raising revenue forecasts and price targets as Intel’s foundry prospects improve, but expectations vary widely and the stock’s sharp prior rally has increased sensitivity to disappointing news. Intel forecasts and price targets
• Negative Sentiment: A Qualcomm test highlighted the power and efficiency of Snapdragon-based chips, renewing concerns that Intel could face stronger competition in PCs and other computing markets. Qualcomm Snapdragon testing
• Negative Sentiment: Higher Treasury yields, elevated oil prices, inflation concerns and ongoing geopolitical risk tied to the Iran conflict pressured high-growth technology and semiconductor stocks broadly. The Philadelphia Semiconductor Index also dropped sharply. Intel and AMD sector sell-off
• Negative Sentiment: Investors are questioning whether AI capital spending can continue at its current pace after a major chip company issued a less-optimistic AI outlook. Intel’s elevated valuation after its multimonth surge leaves limited room for execution setbacks, while its large equity raise also creates shareholder dilution despite adding funding for manufacturing and AI infrastructure. Intel AI spending concerns

Analysts Set New Price Targets

INTC has been the subject of several recent analyst reports. HSBC reaffirmed a “buy” rating on shares of Intel in a report on Friday, July 24th. Raymond James Financial raised shares of Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Zacks Research downgraded Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Citigroup upgraded Intel from a “positive” rating to a “buy” rating in a research note on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $107.46.

Intel Price Performance

The stock’s 50-day moving average price is $110.12 and its 200 day moving average price is $83.99. The firm has a market cap of $487.65 billion, a price-to-earnings ratio of -45.82 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.

Intel (NASDAQ:INTC) last released its earnings results 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 positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the business earned ($0.10) earnings per share. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts predict that Intel Corporation will post 1.01 earnings per share for the current year.

Insider Activity

In other news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in INTC. iA Global Asset Management Inc. lifted its stake in shares of Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares during the period. Whalerock Point Partners LLC acquired a new stake in shares of Intel during the fourth quarter worth $205,000. Heritage Investment Group Inc. bought a new stake in Intel in the fourth quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in Intel in the fourth quarter valued at about $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Intel by 5.7% in 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 buying 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.