Intel (NASDAQ:INTC) Trading Down 2.7% - Here's Why

Key Points

• Intel's shares dropped 2.7%, trading at $33.55, after a low of $33.02, with a significant trading volume increase of 21% above the average.
• Recent analyst ratings show a mix of recommendations, with two analysts rating it as a Buy, while twenty-four have a Hold rating and five give a Sell rating.
• Intel reported a loss of $0.10 earnings per share for the last quarter, missing estimates, despite revenues of $12.86 billion being above expectations.

Intel Corporation (NASDAQ:INTC - Get Free Report) shares dropped 2.7% on Tuesday . The company traded as low as $33.02 and last traded at $33.55. Approximately 123,978,383 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 102,408,500 shares. The stock had previously closed at $34.48.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a report on Friday, July 25th. Stifel Nicolaus lifted their target price on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research report on Monday, July 21st. Wall Street Zen upgraded shares of Intel from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. Benchmark upgraded shares of Intel from a "hold" rating to a "buy" rating and set a $43.00 target price on the stock in a research report on Friday, September 19th. Finally, Loop Capital started coverage on shares of Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $26.19.

Intel Stock Down 2.7%

The stock has a market capitalization of $146.89 billion, a price-to-earnings ratio of -7.04 and a beta of 1.23. The business's 50-day moving average is $24.40 and its two-hundred day moving average is $22.47. 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 posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The business had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business's revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Hedge Funds Weigh In On Intel

Institutional investors and hedge funds have recently bought and sold shares of the company. Westbourne Investments Inc. boosted its holdings in Intel by 319.4% in the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock valued at $1,622,000 after purchasing an additional 54,395 shares during the last quarter. Swedbank AB raised its stake in shares of Intel by 5.0% in the 2nd quarter. Swedbank AB now owns 9,467,128 shares of the chip maker's stock valued at $212,064,000 after acquiring an additional 454,234 shares during the period. Czech National Bank raised its stake in shares of Intel by 7.2% in the 2nd quarter. Czech National Bank now owns 1,066,599 shares of the chip maker's stock valued at $23,892,000 after acquiring an additional 72,065 shares during the period. CHICAGO TRUST Co NA raised its stake in shares of Intel by 48.3% in the 2nd quarter. CHICAGO TRUST Co NA now owns 43,742 shares of the chip maker's stock valued at $980,000 after acquiring an additional 14,253 shares during the period. Finally, Ariose Capital Management Ltd purchased a new stake in shares of Intel in the 2nd quarter valued at approximately $2,168,000. 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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