Intel (NASDAQ:INTC) Shares Down 3% - Here's What Happened

Key Points

• Intel shares fell about 3% in mid-day trading to $37.24 (low $36.80) on roughly 72.98 million shares traded, about 30% below its average daily volume.
• Analyst sentiment is mixed-to-negative with a consensus rating of "Reduce" and an average target of $34.84, though several firms recently raised price targets (Roth, Mizuho, Wells Fargo) into the $40–$45 range; most analysts still rate the stock Hold or Sell (23 Hold, 8 Sell, 2 Buy).
• Intel reported Q3 EPS of $0.23 and revenue of $13.65 billion (above the $13.10 billion estimate), set Q4 2025 guidance at $0.08 EPS, while analysts expect full-year EPS of -$0.11 and the company shows thin margins (net margin 0.37%) and negative ROE.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) dropped 3% during mid-day trading on Thursday . The company traded as low as $36.80 and last traded at $37.24. Approximately 72,983,537 shares traded hands during trading, a decline of 30% from the average daily volume of 103,957,320 shares. The stock had previously closed at $38.38.

Analyst Ratings Changes

INTC has been the subject of a number of research reports. Roth Capital increased their target price on Intel from $30.00 to $40.00 and gave the stock a "neutral" rating in a report on Friday, October 24th. Erste Group Bank upgraded Intel from a "sell" rating to a "hold" rating in a report on Monday, September 22nd. Mizuho raised their price objective on Intel from $39.00 to $41.00 and gave the company a "neutral" rating in a report on Friday, October 24th. Needham & Company LLC restated a "hold" rating on shares of Intel in a report on Friday, October 24th. Finally, Wells Fargo & Company raised their price objective on Intel from $30.00 to $45.00 and gave the company an "equal weight" rating in a report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $34.84.

Intel Price Performance

The firm has a market capitalization of $163.00 billion, a price-to-earnings ratio of 3,727.73 and a beta of 1.31. The company's 50 day moving average is $32.83 and its 200-day moving average is $25.50. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same period last year, the business posted ($0.46) EPS. Intel's revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

Institutional Investors Weigh In On Intel

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Intel by 2.3% during the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker's stock worth $8,644,244,000 after acquiring an additional 8,513,298 shares during the last quarter. State Street Corp lifted its position in Intel by 1.6% during the second quarter. State Street Corp now owns 203,617,629 shares of the chip maker's stock worth $4,561,035,000 after acquiring an additional 3,168,824 shares during the last quarter. Geode Capital Management LLC lifted its position in Intel by 1.8% during the second quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker's stock worth $2,174,854,000 after acquiring an additional 1,760,773 shares during the last quarter. Primecap Management Co. CA lifted its position in Intel by 4.3% during the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker's stock worth $1,798,679,000 after acquiring an additional 3,313,890 shares during the last quarter. Finally, Norges Bank acquired a new stake in Intel during the second quarter worth approximately $1,579,378,000. 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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