Intel (NASDAQ:INTC) Stock Price Down 2.4% – Should You Sell?

Posted by Francis Steltz on Jul 10th, 2026

Shares of Intel Corporation (NASDAQ:INTC – Get Free Report) dropped 2.4% during mid-day trading on Friday . The stock traded as low as $107.45 and last traded at $109.84. Approximately 70,188,995 shares changed hands during trading, a decline of 42% from the average session volume of 121,274,234 shares. The stock had previously closed at $112.54.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: HSBC’s Frank Lee reiterated a constructive view on Intel, with coverage highlighting the company’s foundry/turnaround potential and helping reinforce the “too cheap to ignore” bull case. HSBC applause article
Positive Sentiment: Stifel raised its price target on Intel to $120 from $75 and kept a Hold rating, signaling that Wall Street still sees upside from current levels despite the recent pullback. Stifel price target note
Positive Sentiment: Several reports pointed to improving fundamentals: Intel’s first-quarter non-GAAP operating margin rose to 12.3% from 5.4% a year earlier, suggesting the turnaround is gaining traction. Margins improving article
Neutral Sentiment: Intel remains a focal point of debate heading into earnings, with analysts split between optimism on the turnaround and caution that the stock may be nearing a cycle top after a huge run this year. Wall Street analysts article
Negative Sentiment: Intel was hit by a semiconductor sector pullback and profit-taking, with traders reducing exposure to AI/chip names after recent gains. Why Intel Shares Are Down Today article
Negative Sentiment: Bearish commentary from JPMorgan—calling Intel a high-conviction short idea—added to skepticism that the rally may be getting overextended. JPMorgan short idea article
Negative Sentiment: Coverage comparing Intel with AMD underscored competitive concerns in data centers, noting AMD’s faster growth and stronger profitability versus Intel’s ongoing restructuring burden. AMD vs Intel data center article

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Wolfe Research started coverage on Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating for the company. TD Cowen raised their price target on Intel from $60.00 to $75.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Jefferies Financial Group assumed coverage on Intel in a report on Thursday, June 11th. They issued a “buy” rating for the company. Cantor Fitzgerald upped their price objective on shares of Intel from $90.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. Finally, Moffett Nathanson lowered shares of Intel to a “neutral” rating in a report on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Intel presently has a consensus rating of “Hold” and an average price target of $97.88.

Get Our Latest Analysis on INTC

Intel Stock Down 2.4%

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 has a market capitalization of $552.06 billion, a PE ratio of -177.16 and a beta of 2.18. The firm has a 50-day moving average of $118.37 and a two-hundred day moving average of $73.38.

Intel (NASDAQ:INTC – Get Free Report) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same quarter last year, the firm earned $0.13 earnings per share. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts forecast that Intel Corporation will post 0.63 EPS for the current year.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the business’s 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 in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Tema ETFs LLC grew its stake in Intel by 10.7% during the second quarter. Tema ETFs LLC now owns 88,456 shares of the chip maker’s stock worth $12,351,000 after buying an additional 8,555 shares during the period. GenWealth Group Inc. acquired a new stake in shares of Intel in the second quarter worth $264,000. West Branch Capital LLC raised its stake in shares of Intel by 2,046.7% in the 2nd quarter. West Branch Capital LLC now owns 3,950 shares of the chip maker’s stock valued at $552,000 after acquiring an additional 3,766 shares during the period. Canvas Wealth Advisors LLC purchased a new position in shares of Intel in the 2nd quarter valued at $623,000. Finally, Nolet Wealth Management LLC acquired a new position in shares of Intel during the 2nd quarter valued at $467,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Company Profile

(Get Free Report)

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.