Intel (NASDAQ:INTC) Stock Price Down 5.8% – Should You Sell?

Intel Corporation (NASDAQ:INTC) shares traded down 5.8% during trading on Thursday . The stock traded as low as $95.48 and last traded at $96.98. Approximately 106,005,193 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 120,789,875 shares. The stock had previously closed at $102.99.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s expanded Google Cloud partnership and use of Gemini Enterprise could improve chip design efficiency and support enterprise growth. Sundar Pichai Says ‘Great’ to see Intel Using Gemini Enterprise as Chipmaker Expands Google Cloud Partnership for AI-Powered Chip Design
• Positive Sentiment: Analysts and options traders are turning more constructive ahead of earnings, with some expecting Intel to post another beat and others positioning for a sizable post-earnings move. Intel Stock (INTC) Faces a Crucial Earnings Test. Options Traders Expect a 15% Move
• Positive Sentiment: Retail investors have been buying INTC shares ahead of Q2 results, suggesting sentiment remains strong despite the recent pullback. Investors Snapping Up INTC Stock Ahead of Q2 Earnings, According to Crowd Wisdom Data
• Neutral Sentiment: Multiple articles highlighted Intel’s upcoming Q2 earnings release, keeping attention focused on whether management can validate the recent rally and turnaround narrative. Intel (INTC) Stock Price Braces for a 15% Move as Q2 Earnings Near
• Negative Sentiment: Intel is being hit by a broader semiconductor rout as investors worry about slowing AI spending and softer chip-sector momentum. AMD Falls 5%, Intel Drops 4%, NVIDIA Slides 3% Before Recovering as Rotation Hits Semiconductor Stocks
• Negative Sentiment: Recent commentary also questioned Intel’s foundry turnaround and the durability of its AI-related valuation after the stock’s sharp run-up. TSMC’s 68% Margins Show Why Intel’s Foundry Turnaround Won’t Be Easy

Wall Street Analyst Weigh In

INTC has been the topic of a number of recent research reports. Piper Sandler began coverage on Intel in a research report on Thursday, June 11th. They set a “neutral” rating on the stock. Sanford C. Bernstein reiterated a “market perform” rating and issued a $100.00 target price on shares of Intel in a report on Wednesday, June 17th. HSBC reissued a “buy” rating and set a $200.00 price target on shares of Intel in a research report on Thursday, July 2nd. Arete Research lifted their price objective on shares of Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. Finally, Truist Financial lifted their price objective on shares of Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel has a consensus rating of “Hold” and a consensus target price of $102.72.

Intel Stock Performance

The company has a market cap of $477.67 billion, a PE ratio of -153.29 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The firm’s 50-day simple moving average is $117.79 and its two-hundred day simple moving average is $75.90.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter last year, the company posted $0.13 earnings per share. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, research analysts anticipate that Intel Corporation will post 0.65 earnings per share for the current fiscal year.

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. iA Global Asset Management Inc. increased its holdings 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 acquiring an additional 86,189 shares during the period. Whalerock Point Partners LLC purchased a new stake in Intel in the 4th quarter valued at $205,000. Heritage Investment Group Inc. acquired a new stake in Intel during the 4th quarter worth $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Intel during the 4th quarter worth $185,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

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.