Intel (NASDAQ:INTC) Trading Down 1.2% - Should You Sell?

Key Points

• Intel's stock price fell 1.2% to close at $24.31, with trading volume significantly down 80% compared to the average volume.
• For its latest quarter, Intel reported a loss of ($0.10) earnings per share, missing analysts' estimates, despite revenue being up 0.5% year-over-year.
• Analysts have a consensus rating of "Reduce" on Intel, with a price target averaging $22.17, amidst multiple changes in ratings from various firms.

Intel Corporation (NASDAQ:INTC - Get Free Report)'s stock price dropped 1.2% on Friday . The stock traded as low as $24.25 and last traded at $24.31. Approximately 19,440,132 shares changed hands during trading, a decline of 80% from the average daily volume of 97,777,828 shares. The stock had previously closed at $24.61.

Analyst Ratings Changes

INTC has been the topic of several recent analyst reports. Rosenblatt Securities restated a "sell" rating and set a $14.00 price objective on shares of Intel in a research note on Friday, July 25th. Deutsche Bank Aktiengesellschaft initiated coverage on Intel in a research note on Wednesday, May 21st. They set a "hold" rating and a $23.00 target price on the stock. Sanford C. Bernstein reiterated a "market perform" rating on shares of Intel in a research note on Tuesday, August 19th. Wall Street Zen cut Intel from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Finally, Mizuho lifted their target price on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research note on Thursday, July 3rd. One research 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 company. According to data from MarketBeat.com, Intel has a consensus rating of "Reduce" and a consensus price target of $22.17.

Intel Trading Down 0.5%

The firm has a fifty day moving average of $22.71 and a two-hundred day moving average of $21.84. The company has a market cap of $107.19 billion, a PE ratio of -5.13 and a beta of 1.23. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate 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 period last year, the business posted $0.02 EPS. The company's revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, sell-side analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Institutional Investors Weigh In On Intel

Several large investors have recently added to or reduced their stakes in INTC. N.E.W. Advisory Services LLC purchased a new position in Intel during the 1st quarter valued at about $25,000. HFM Investment Advisors LLC purchased a new position in Intel during the 1st quarter valued at about $25,000. Vermillion Wealth Management Inc. purchased a new position in Intel during the 4th quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Intel during the 1st quarter valued at about $27,000. Finally, West Branch Capital LLC purchased a new position in Intel during the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

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.