Intel (NASDAQ:INTC) Stock Price Down 4.3% - Here's What Happened

Key Points

• Intel's stock price decreased by 4.3%, closing at $35.63 after trading as low as $34.69, with trading volume up 13% from the average.
• Analyst ratings show a consensus of "Reduce" with only two analysts recommending a Buy, while twenty-two have assigned a Hold rating and eight a Sell rating, leading to an average price target of $27.60.
• In its last earnings report, Intel missed earnings estimates with a loss of ($0.10) per share, although revenue slightly exceeded expectations at $12.86 billion.

Intel Corporation (NASDAQ:INTC - Get Free Report) shares fell 4.3% on Tuesday . The stock traded as low as $34.69 and last traded at $35.63. 116,556,784 shares changed hands during mid-day trading, an increase of 13% from the average session volume of 103,602,266 shares. The stock had previously closed at $37.22.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of analyst reports. Cantor Fitzgerald upped their target price on Intel from $26.00 to $36.00 and gave the stock a "neutral" rating in a report on Friday, September 19th. Bank of America restated an "underperform" rating and set a $34.00 price objective on shares of Intel in a research note on Monday. Barclays upped their price objective on Intel from $19.00 to $25.00 and gave the stock an "equal weight" rating in a research note on Friday, September 19th. New Street Research increased their price target on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Finally, HSBC reissued a "reduce" rating and set a $24.00 target price (up previously from $21.25) on shares of Intel in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and eight have given a Sell rating to the stock. Based on data from MarketBeat, Intel presently has a consensus rating of "Reduce" and an average price target of $27.60.

Intel Trading Down 4.3%

The stock's fifty day simple moving average is $27.52 and its 200-day simple moving average is $23.34. The firm has a market cap of $155.95 billion, a PE ratio of -7.47 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm had revenue of $12.86 billion during the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter last year, the business earned $0.02 EPS. The business's revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

Hedge Funds Weigh In On Intel

Several institutional investors and hedge funds have recently modified their holdings of INTC. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel in the first quarter valued at approximately $25,000. HFM Investment Advisors LLC purchased a new stake in Intel in the 1st quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Intel during the first quarter worth about $27,000. West Branch Capital LLC purchased a new stake in shares of Intel during the second quarter worth about $28,000. Finally, Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of Intel during the second quarter worth about $28,000. Hedge funds and other institutional investors 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.

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