Intel (NASDAQ:INTC) Stock Price Down 5.1% – Time to Sell?

Intel Corporation (NASDAQ:INTC)’s stock price dropped 5.1% during mid-day trading on Friday . The stock traded as low as $113.54 and last traded at $114.68. Approximately 189,595,994 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 120,153,734 shares. The stock had previously closed at $120.89.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Acer launched new gaming handhelds and laptops powered by Intel’s latest Arc G-Series and Core processors, highlighting stronger traction in portable gaming and AI PC hardware. Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
• Positive Sentiment: Reuters reported that Intel and 3DGS will invest about $3.3 billion to build a substrate manufacturing plant in India, which supports Intel’s foundry and advanced packaging ambitions. Intel, 3DGS to set up $3.3 billion substrate plant in India’s Odisha state
• Positive Sentiment: MediaTek said it supports both TSMC’s and Intel’s advanced packaging technologies, a sign that Intel is gaining credibility as a packaging option for major chip designers. Taiwan’s MediaTek says it supports both TSMC and Intel’s advanced packaging technologies

Analysts Set New Price Targets

INTC has been the subject of several recent research reports. Evercore set a $95.00 price target on shares of Intel in a research report on Friday, April 24th. Scotiabank initiated coverage on shares of Intel in a research report on Tuesday, April 21st. They issued a “sector perform” rating for the company. UBS Group set a $51.00 price target on shares of Intel in a research report on Monday, February 2nd. Bank of America increased their price target on shares of Intel from $48.00 to $56.00 and gave the stock an “underperform” rating in a research report on Friday, April 24th. Finally, Freedom Capital raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Intel presently has a consensus rating of “Hold” and a consensus target price of $81.52.

Intel Trading Down 5.1%

The company has a market cap of $576.38 billion, a price-to-earnings ratio of -184.96 and a beta of 2.18. The company’s fifty day moving average price is $81.94 and its two-hundred day moving average price is $56.32. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.28. The company had revenue of $13.58 billion during the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

Insider Buying and Selling at Intel

In other 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 owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Institutional Trading of Intel

Several hedge funds have recently modified their holdings of the company. Cozad Asset Management Inc. increased its holdings in shares of Intel by 11.3% during the first quarter. Cozad Asset Management Inc. now owns 8,208 shares of the chip maker’s stock worth $362,000 after buying an additional 835 shares in the last quarter. Security Financial Services INC. acquired a new stake in shares of Intel in the first quarter valued at approximately $223,000. Axiom Investment Management LLC acquired a new stake in shares of Intel in the first quarter valued at approximately $178,000. Summitry LLC acquired a new stake in shares of Intel in the first quarter valued at approximately $308,000. Finally, Wellington Grp LLC increased its holdings in shares of Intel by 20.2% in the first quarter. Wellington Grp LLC now owns 906 shares of the chip maker’s stock valued at $40,000 after purchasing an additional 152 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Company Profile

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.