Intel (NASDAQ:INTC) Trading Down 5.3% – Here’s Why

Posted by Francis Steltz on Jul 4th, 2026

Intel Corporation (NASDAQ:INTC – Get Free Report)’s share price fell 5.3% during mid-day trading on Thursday . The company traded as low as $117.63 and last traded at $120.35. Approximately 123,005,776 shares were traded during trading, an increase of 1% from the average daily volume of 122,090,180 shares. The stock had previously closed at $127.02.

Intel News Summary

Here are the key news stories impacting Intel this week:

Positive Sentiment: HSBC raised its price target on Intel to $200 and kept a Buy rating, citing progress in the foundry business and potential partnerships with Apple, Nvidia, and Amazon. Intel (INTC) Stock Could Surge 100%: HSBC Analyst Raises Target to $200
Positive Sentiment: Jim Cramer highlighted Intel as his favorite stock and said CEO Lip-Bu Tan has turned the company around, calling out multiple growth opportunities. Jim Cramer Highlights Intel’s “Three Major Growth Opportunities”
Positive Sentiment: Intel continues to benefit from improving views on its AI PC, networking, and foundry businesses, which are supporting rising earnings estimates and investor optimism. INTC Outpaces Industry in a Year: How to Play the Stock?
Neutral Sentiment: TPIsoftware said it is using Intel Xeon 6 processors and Intel Arc Pro B60 GPUs for enterprise AI solutions, which adds a modest demand signal for Intel’s hardware. TPIsoftware Adopts Intel (INTC) Processors and GPUs to Power Enterprise AI Solutions
Neutral Sentiment: Several articles noted that Intel has recently seen volatility after a huge run-up, with chip stocks also pressured by broader profit-taking and fears of an AI demand cooldown. Intel, Marvell Technology, and AMD Stocks Trade Down, What You Need To Know
Negative Sentiment: Intel also faced broad semiconductor-sector selling as investors rotated out of high-flying chip names amid concerns that AI-driven chip demand may be cooling. US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rally

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. KGI Securities lowered shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price on the stock. in a research note on Monday, April 20th. Rosenblatt Securities increased their price target on shares of Intel from $30.00 to $50.00 and gave the stock a “sell” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. raised their price objective on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a report on Friday, April 24th. Citigroup raised Intel from a “buy” rating to a “buy” rating in a research report on Thursday, June 11th. Finally, Wall Street Zen downgraded Intel from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $96.69.

Check Out Our Latest Report on INTC

Intel Price Performance

The stock’s 50 day simple moving average is $115.64 and its two-hundred day simple moving average is $70.96. The firm has a market cap of $604.88 billion, a P/E ratio of -194.11 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTC – Get Free Report) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate 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 business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the previous year, the company posted $0.13 earnings per share. The company’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. As a group, research analysts forecast that Intel Corporation will post 0.63 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Intel

A number of hedge funds have recently bought and sold shares of INTC. Southern Financial Group LLC grew its holdings in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after acquiring an additional 90 shares during the period. Demars Financial Group LLC increased its position in Intel by 1.7% during the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after acquiring an additional 125 shares during the last quarter. Human Investing LLC lifted its holdings in Intel by 0.9% in the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock valued at $641,000 after acquiring an additional 126 shares during the period. Raleigh Capital Management Inc. lifted its holdings in Intel by 15.9% in the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock valued at $41,000 after acquiring an additional 127 shares during the period. Finally, Angeles Wealth Management LLC boosted its position in Intel by 0.7% in the first quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock worth $843,000 after purchasing an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

About Intel

(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.