Intel (NASDAQ:INTC) Shares Down 1.8% - Time to Sell?

Key Points

• Intel shares fell 1.8%, trading around $24.48, with a significant drop in volume of approximately 79% from its average daily trading volume.
• Analysts have mixed ratings on Intel, with one Buy rating, 22 Hold ratings, and five Sell ratings, while the consensus target price is set at $22.17.
• The company posted a quarterly earnings report that missed estimates, with a negative EPS of ($0.10) against a projected $0.01, despite a year-over-year revenue increase of 0.5% to $12.86 billion.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) were down 1.8% during mid-day trading on Friday . The company traded as low as $24.36 and last traded at $24.48. Approximately 21,085,087 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 98,786,297 shares. The stock had previously closed at $24.93.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on INTC shares. Stifel Nicolaus raised their price objective on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research note on Monday, July 21st. Citigroup reaffirmed a "hold" rating on shares of Intel in a research note on Tuesday, July 8th. Loop Capital initiated coverage on shares of Intel in a research note on Monday, July 21st. They issued a "hold" rating and a $25.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on shares of Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday, July 25th. Finally, Mizuho increased their target price on shares of Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. One investment analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $22.17.

Intel Trading Down 1.6%

The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The business's fifty day moving average is $22.43 and its 200 day moving average is $21.84. The firm has a market capitalization of $107.35 billion, a price-to-earnings ratio of -5.14 and a beta of 1.22.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. During the same quarter in the previous year, the business earned $0.02 earnings per share. The company's revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts predict 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 made changes to their positions in the stock. The Manufacturers Life Insurance Company grew its position in Intel by 0.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 2,786,564 shares of the chip maker's stock valued at $55,871,000 after purchasing an additional 10,258 shares in the last quarter. AQR Capital Management LLC grew its position in Intel by 381.1% in the fourth quarter. AQR Capital Management LLC now owns 4,495,876 shares of the chip maker's stock valued at $90,142,000 after purchasing an additional 3,561,351 shares in the last quarter. Rehmann Capital Advisory Group grew its position in Intel by 33.0% in the fourth quarter. Rehmann Capital Advisory Group now owns 20,942 shares of the chip maker's stock valued at $420,000 after purchasing an additional 5,196 shares in the last quarter. Freestone Grove Partners LP bought a new position in shares of Intel in the 4th quarter valued at about $62,654,000. Finally, Westbourne Investments Inc. bought a new position in shares of Intel in the 4th quarter valued at about $341,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

About Intel

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.

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