Intel (NASDAQ:INTC) Stock Price Down 2.6% – What’s Next?

Intel Corporation (NASDAQ:INTC) was down 2.6% on Monday. The company traded as low as $115.31 and last traded at $116.19. 80,888,484 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 117,072,727 shares. The stock had previously closed at $119.33.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan said the company will continue working with Musk on Terafab, while Musk indicated that TSMC may only sublease part of the facility rather than own or control the project. That clarification supports Intel’s strategic role and reverses some of the selling pressure seen earlier in the week. Reuters Terafab report
• Positive Sentiment: Intel and Applied Materials announced a collaboration focused on next-generation transistors, interconnects and advanced packaging for AI chips. Work at Applied’s EPIC Center and Intel’s Oregon research campus could accelerate product development and strengthen Intel’s foundry turnaround prospects, although near-term financial benefits are uncertain. Applied Materials and Intel collaboration
• Neutral Sentiment: Mizuho raised its Intel price target from $92 to $114 but maintained a “neutral” rating, signaling improved expectations while implying limited upside at current levels. Investors are also awaiting Intel’s third-quarter 2026 results for evidence that the recovery is translating into sustained earnings growth. Mizuho raises Intel price target
• Negative Sentiment: TSMC’s potential participation remains a competitive risk. Even if TSMC does not own the facility, its involvement could reduce Intel’s economics, influence or visibility in Terafab. The uncertainty contributed to a roughly 6% decline in Intel shares earlier this week, and the stock remains highly sensitive to project updates. Barron’s Intel Terafab report

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on INTC shares. Roth Capital boosted their target price on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Barclays upgraded shares of Intel from a “hold” rating to an “overweight” rating in a research report on Wednesday, September 16th. Oppenheimer started coverage on Intel in a research report on Thursday, June 11th. They set an “outperform” rating for the company. Royal Bank Of Canada began coverage on shares of Intel in a report on Tuesday, September 8th. They issued an “outperform” rating on the stock. Finally, Rosenblatt Securities lifted their price objective on Intel from $65.00 to $80.00 and gave the stock a “sell” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $109.06.

Intel Trading Down 3.2%

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 company has a market capitalization of $567.45 billion, a P/E ratio of -53.32, a PEG ratio of 12.40 and a beta of 2.22. The company’s fifty day simple moving average is $101.96 and its 200-day simple moving average is $98.51.

Intel (NASDAQ:INTC) last issued 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 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 analysts’ expectations of $14.43 billion. During the same period in the prior year, the business posted ($0.10) EPS. The firm’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. Research analysts predict that Intel Corporation will post 1.04 earnings per share for the current year.

Insider Transactions at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction dated 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 approximately $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Large investors have recently made changes to their positions in the business. Southern Financial Group LLC boosted its holdings in shares of Intel by 0.6% during the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after purchasing an additional 90 shares during the last quarter. Harrell Investment Partners LLC grew its position in Intel by 0.4% in the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after acquiring an additional 100 shares during the period. TFR Capital LLC. grew its holdings in shares of Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock worth $3,720,000 after purchasing an additional 100 shares during the period. Wynn Capital LLC increased its position in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock valued at $3,793,000 after acquiring an additional 104 shares during the last quarter. Finally, Bell Investment Advisors Inc boosted its position in shares of Intel by 4.3% during the second quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker’s stock worth $404,000 after buying an additional 119 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

About Intel

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.