Intel (NASDAQ:INTC) Stock Falls 8% on Analyst Downgrade

Posted by George Bondi on Oct 22nd, 2026

Intel Corporation (NASDAQ:INTC – Get Free Report) dropped 8% on Thursday after Susquehanna lowered their price target on the stock from $115.00 to $105.00. Susquehanna currently has a neutral rating on the stock. Intel traded as low as $84.65 and last traded at $85.49. Approximately 132,443,898 shares traded hands during trading, an increase of 14% from the average session volume of 116,035,727 shares. The stock had previously closed at $92.96.

Other equities analysts have also recently issued reports about the stock. DA Davidson boosted their price target on shares of Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Barclays upgraded Intel from a “hold” rating to an “overweight” rating in a report on Wednesday, September 16th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, July 24th. UBS Group upgraded shares of Intel from a “hold” rating to a “buy” rating in a research note on Tuesday, September 8th. Finally, Stifel Nicolaus decreased their price objective on shares of Intel from $120.00 to $110.00 and set a “hold” rating for the company in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twenty-seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $107.73.

View Our Latest Report on INTC

Insider Activity at Intel

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

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel’s $28 billion Ohio semiconductor project reached a construction milestone, while the company continues targeting a 2028 start for its Arizona fabrication facility. The progress supports Intel’s long-term foundry ambitions, although the projects have experienced significant delays. Intel Ohio chip project construction milestone
Positive Sentiment: Intel is reportedly participating with Tesla and SpaceX in Elon Musk’s Terafab AI-chip initiative. Investors view the effort as a potential source of future chip-design and manufacturing demand, though its commercial impact remains speculative. Intel joining Terafab AI chip project
Positive Sentiment: Some analysts expect Intel’s upcoming quarterly results to show earnings growth, supported by improving revenue trends and demand for CPUs used in increasingly complex AI systems. Intel reports on October 29. Intel earnings expectations

Hedge Funds Weigh In On Intel

Large investors have recently modified their holdings of the stock. ABS Investment Management LLC acquired a new stake in shares of Intel in the 2nd quarter valued at $694,101,000. Montgomery Financial Services LLC acquired a new stake in Intel during the 2nd quarter worth $26,000. Knuff & Co LLC bought a new stake in shares of Intel during the 2nd quarter valued at $29,000. Glynn Capital Management LLC acquired a new position in shares of Intel in the 2nd quarter valued at $29,000. Finally, Beaird Harris Wealth Management LLC boosted its position in shares of Intel by 3,185.7% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Down 8.0%

The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The business has a 50 day moving average of $102.66 and a 200 day moving average of $102.68. The firm has a market capitalization of $431.21 billion, a price-to-earnings ratio of -40.52, a PEG ratio of 9.74 and a beta of 2.22.

Intel (NASDAQ:INTC – Get Free Report) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the previous year, the firm posted ($0.10) EPS. Intel’s revenue was up 25.2% compared to the same quarter last year. As a group, research analysts predict that Intel Corporation will post 1.05 earnings per share for the current fiscal year.

Intel Company Profile

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Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.