Shares of Intel Corporation (NASDAQ:INTC – Get Free Report) traded down 4.4% during mid-day trading on Wednesday . The company traded as low as $99.20 and last traded at $102.99. 119,728,587 shares were traded during mid-day trading, a decline of 1% from the average session volume of 120,893,734 shares. The stock had previously closed at $107.76.
More Intel News
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel expanded its Google Cloud partnership and is using Gemini Enterprise for AI-powered chip design, which could improve productivity and support future design wins. Article Title
- Positive Sentiment: Analysts have turned more constructive ahead of Intel’s July 23 earnings, with Susquehanna and others raising price targets on signs of stronger server demand and improving manufacturing progress. Article Title
- Positive Sentiment: Intel’s foundry story received a boost after reports that 18A yields reached 85% and that the company is beginning to ship chips made with ASML’s most advanced equipment, supporting hopes for a manufacturing turnaround. Article Title
- Neutral Sentiment: Intel remains a major focus ahead of earnings next week, and retail interest appears elevated, which may keep volatility high around the report. Article Title
- Negative Sentiment: Intel is being hit by a broader selloff in chip stocks as investors worry AI spending could cool and as sector peers weaken, which is weighing on the stock today. Article Title
- Negative Sentiment: Some commentary highlights that Intel is falling alongside AMD and other semiconductor names amid renewed concerns about capex trends and competitive pressure in chips. Article Title
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Intel in a research report on Thursday, June 25th. They set a “neutral” rating and a $150.00 target price for the company. Royal Bank Of Canada restated a “neutral” rating and issued a $80.00 price objective on shares of Intel in a report on Monday, May 4th. Piper Sandler assumed coverage on Intel in a research note on Thursday, June 11th. They set a “neutral” rating on the stock. BNP Paribas Exane upgraded Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Tuesday, April 21st. Finally, Roth Capital raised shares of Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average price target of $102.72.
Intel Stock Down 5.8%
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 company has a market capitalization of $487.42 billion, a PE ratio of -156.42 and a beta of 2.18. The company’s 50-day moving average is $118.38 and its 200 day moving average is $75.77.
Intel (NASDAQ:INTC – Get Free Report) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, analysts anticipate that Intel Corporation will post 0.64 EPS for the current year.
Insider Transactions at Intel
In other Intel 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 directly owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.05% of the company’s stock.
Hedge Funds Weigh In On Intel
Institutional investors and hedge funds have recently made changes to their positions in the business. Financially Speaking Inc raised its position in Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners bought a new stake in shares of Intel during the 1st quarter valued at $25,000. Legacy Bridge LLC purchased a new stake in shares of Intel in the 4th quarter worth $26,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intel in the 4th quarter worth $29,000. Finally, Swiss RE Ltd. bought a new position in Intel in the 4th quarter worth $29,000. Hedge funds and other institutional investors 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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