Shares of Intel Corporation (NASDAQ:INTC – Get Free Report) traded down 11.3% on Friday . The stock traded as low as $98.33 and last traded at $99.17. 141,994,875 shares traded hands during trading, an increase of 18% from the average session volume of 120,025,500 shares. The stock had previously closed at $111.78.
Trending Headlines about Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel’s partnerships with Hitachi and Foxconn could support longer-term growth in AI infrastructure, industrial automation, and advanced computing. Hitachi and Intel announce strategic collaboration to accelerate AI transformation across key industries
- Positive Sentiment: Intel is still benefiting from investor interest in its AI inference and CPU demand recovery, which has helped fuel recent gains. Why Intel Stock Rallied Today
- Neutral Sentiment: Tech stocks were broadly weaker, adding macro pressure to Intel shares even without company-specific bad news. Sector Update: Tech Stocks Lower Friday Afternoon
- Negative Sentiment: Broadcom’s disappointing AI outlook triggered a semiconductor selloff, dragging Intel lower with the rest of the chip sector. The Broadcom Sell-Off: Why This Is a Huge Warning Flag for Artificial Intelligence (AI) Investors
- Negative Sentiment: Nvidia’s move into PC chips raises competitive concerns for Intel’s core personal-computer business. Nvidia Launches PC Chip in a Direct Challenge Against Intel
Wall Street Analyst Weigh In
INTC has been the subject of a number of research reports. KGI Securities downgraded Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price target for the company. in a research note on Monday, April 20th. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research report on Friday, April 24th. Scotiabank initiated coverage on Intel in a report on Tuesday, April 21st. They issued a “sector perform” rating for the company. Freedom Capital upgraded Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Finally, Raymond James Financial raised shares of Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-six have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Intel has a consensus rating of “Hold” and an average price target of $83.35.
Intel Stock Down 11.3%
The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The firm has a 50 day simple moving average of $87.21 and a two-hundred day simple moving average of $58.52. The stock has a market cap of $498.43 billion, a P/E ratio of -159.95 and a beta of 2.21.
Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period last year, the firm posted $0.13 earnings per share. The business’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts predict that Intel Corporation will post 0.63 earnings per share for the current year.
Insiders Place Their Bets
In related news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were 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 directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.05% of the company’s stock.
Institutional Investors Weigh In On Intel
Institutional investors and hedge funds have recently modified their holdings of the stock. iA Global Asset Management Inc. boosted its stake in shares of Intel by 17.0% during 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 buying an additional 86,189 shares during the period. Van ECK Associates Corp increased its stake in shares of Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares during the last quarter. Heritage Investment Group Inc. purchased a new stake in shares of Intel during the fourth quarter worth $219,000. Legal & General Group Plc boosted its position in Intel by 1.3% during the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after purchasing an additional 423,481 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew 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 purchasing an additional 13,858 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.
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.
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