Intel (NASDAQ:INTC) Trading Down 1.8% - Here's What Happened

Key Points

• Intel's stock price declined by 1.8% to $23.92, with a significant drop in trading volume at 22,553,385 shares, representing a 77% decline from the average session volume.
• Wall Street analysts have mixed opinions on Intel, with a consensus rating of "Reduce" and a target price of $22.17, while several firms have issued varying ratings and price targets.
• In the most recent quarter, Intel reported a loss of ($0.10) earnings per share, missing estimates, but showed a year-over-year revenue increase of 0.5% to $12.86 billion.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) traded down 1.8% on Tuesday . The stock traded as low as $23.68 and last traded at $23.92. 22,553,385 shares were traded during trading, a decline of 77% from the average session volume of 98,588,563 shares. The stock had previously closed at $24.35.

Analyst Ratings Changes

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Intel in a report on Wednesday, May 21st. They set a "hold" rating and a $23.00 target price on the stock. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a research note on Tuesday, August 19th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, July 25th. JPMorgan Chase & Co. increased their price objective on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday, July 25th. Finally, Mizuho boosted their target price on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. One investment analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $22.17.

Intel Price Performance

The business has a fifty day moving average of $22.67 and a 200 day moving average of $21.89. The firm has a market cap of $107.72 billion, a P/E ratio of -5.16 and a beta of 1.23. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The business had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business's quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the business earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

Institutional Investors Weigh In On Intel

Hedge funds and other institutional investors have recently modified their holdings of the company. HFM Investment Advisors LLC bought a new stake in shares of Intel during the 1st quarter valued at $25,000. N.E.W. Advisory Services LLC acquired a new position in shares of Intel during the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel during the first quarter valued at about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in Intel during the 2nd quarter worth approximately $28,000. Finally, West Branch Capital LLC bought a new position in shares of Intel during the second quarter valued at $28,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.