Intel (NASDAQ:INTC) Stock Falls 2.1% – Time to Sell?

Intel Corporation (NASDAQ:INTC) shares were down 2.1% on Tuesday. The stock traded as low as $56.85 and last traded at $58.13. Approximately 98,217,515 shares changed hands during trading, a decline of 18% from the average daily volume of 119,145,406 shares. The stock had previously closed at $59.37.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: RBC says Intel’s management expects 2027 growth, with data-center strength more than offsetting PC weakness. That outlook supports the turnaround case, although it does not remove near-term execution risks. Intel Sees 2027 Growth as Data-Center Strength Offsets PC Weakness, RBC Says
• Positive Sentiment: Intel and Altera announced a collaboration aimed at edge computing and physical-AI industries, giving Intel another route to pursue AI-related demand beyond data centers. The announcement did not provide details on expected revenue or timing. Intel, Altera announce collaboration for Edge, Physical AI industries
• Positive Sentiment: CEO Lip-Bu Tan reportedly bought 150,000 Intel shares, worth about $9.71 million. The purchase may signal confidence from leadership, though it was not enough to halt the broader decline. CEO Lip-Bu Tan’s 150,000-Share Purchase Wasn’t Enough to Stop the Slide in Intel Stock
• Negative Sentiment: Investors remain focused on Intel’s weak fourth-quarter outlook and projected gross-margin pressure. A PC-market slump adds to concerns about near-term results, while inflation data and a fading chip rally weighed on semiconductor shares broadly. Intel Stocks Fall as Chip Rally Fades and PC Slump Clouds Q4
• Negative Sentiment: Comparisons with AMD and TSMC underscore competitive concerns: coverage cited faster expected data-center and earnings growth at AMD, and stronger AI demand and manufacturing leadership at TSMC. This raises the bar for Intel to demonstrate its turnaround can translate into sustainable growth. AMD vs. Intel: Which Is the Better AI Chip Stock to Buy Right Now?

Analysts Set New Price Targets

Several analysts have commented on the stock. Daiwa Securities Group cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. TD Cowen cut their price objective on Intel from $95.00 to $75.00 and set a “hold” rating for the company in a research report on Friday, October 30th. Roth Capital cut Intel from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $120.00 to $70.00 in a report on Friday, October 30th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $100.00 target price on shares of Intel in a report on Friday, October 30th. Finally, UBS Group downgraded Intel from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a research report on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $97.42.

Intel Stock Down 2.1%

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.31 and a quick ratio of 1.86. The company’s 50-day simple moving average is $97.35 and its 200 day simple moving average is $86.63. The firm has a market cap of $308.96 billion, a P/E ratio of -24.12, a price-to-earnings-growth ratio of 6.23 and a beta of 2.42.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. Intel had a negative net margin of 20.09% and a positive return on equity of 4.70%. The firm had revenue of $16.51 billion for the quarter, compared to the consensus estimate of $16.56 billion. During the same period in the previous year, the firm posted $0.23 EPS. The business’s quarterly revenue was up 20.9% on a year-over-year basis. Research analysts anticipate that Intel Corporation will post 1.04 EPS for the current fiscal year.

Insider Transactions at Intel

In related news, CEO Lip Tan acquired 150,000 shares of the stock in a transaction dated Monday, November 2nd. The stock was acquired at an average cost of $64.73 per share, with a total value of $9,709,500.00. Following the purchase, the chief executive officer directly owned 1,464,669 shares of the company’s stock, valued at approximately $94,808,024.37. This trade represents a 11.41% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.05% of the stock is currently owned by company insiders.

Institutional Trading of Intel

A number of institutional investors have recently bought and sold shares of the stock. Primecap Management Co. CA bought a new position in Intel in the second quarter worth approximately $10,507,291,000. Legal & General Group Plc bought a new position in Intel during the 2nd quarter worth about $4,096,110,000. Assenagon Asset Management S.A. grew its holdings in Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker’s stock worth $3,632,722,000 after acquiring an additional 14,063,302 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in Intel during the 2nd quarter worth about $1,848,438,000. Finally, Bank of America Corp DE increased its position in Intel by 35.7% during the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Intel Company Profile

Intel Corporation is a semiconductor company that designs and manufactures processors and related technologies. Its products include central processing units for personal computers and servers, graphics and AI accelerators, and platforms and components for data center, networking, and edge computing applications. The company also operates Intel Foundry, which provides semiconductor manufacturing, packaging, and related services for Intel and external customers. Intel serves customers and businesses around the world through its products, technologies, and manufacturing operations.