Intel (NASDAQ:INTC) Shares Down 5.3% - What's Next?

Key Points

• Intel shares fell 5.3% to $107.08 as rising bond yields and oil prices pressured semiconductor stocks broadly, with AMD and NVIDIA also declining.
• Intel remains involved in Elon Musk’s Terafab AI-chip project, while progress in high-NA EUV technology and reported customer wins support its foundry recovery case. However, potential involvement by TSMC and continued competition from NVIDIA remain risks.
• Investors will focus on gross margin rather than revenue when Intel reports third-quarter results on October 29. Analysts have a consensus “Hold” rating and a $109.06 price target, near the stock’s current level.

Intel Corporation (NASDAQ:INTC - Get Free Report)'s share price was down 5.3% on Thursday. The company traded as low as $105.24 and last traded at $107.08. 117,936,493 shares traded hands during mid-day trading, an increase of 1% from the average session volume of 116,812,375 shares. The stock had previously closed at $113.12.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan confirmed that the company remains involved in Elon Musk’s Terafab AI-chip project. Although TSMC is reportedly in discussions about a possible role, Musk indicated it may sublease part of the facility rather than replace Intel, preserving a potential manufacturing growth opportunity. Intel to keep working on Musk's Terafab chipmaking venture
• Positive Sentiment: Recent coverage highlighted Intel’s high-NA EUV manufacturing progress and reported customer wins, supporting the case for a foundry and process-technology comeback. However, investors still need evidence of customer commitments, factory utilization and improving returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
• Neutral Sentiment: Intel is scheduled to report third-quarter results on October 29. Investors are expected to focus less on revenue—which recently exceeded guidance—and more on gross margin, with prior guidance calling for approximately 42% versus 41.8% in the second quarter. The Number That Will Move Intel Stock in October
• Negative Sentiment: The immediate pressure appears primarily sector-wide: rising yields and oil prices are weighing on high-growth technology and semiconductor valuations, with Intel falling alongside AMD and NVIDIA rather than following a fresh Intel guidance cut. Why are Intel and AMD stocks plunging on Thursday?
• Negative Sentiment: Investor concern remains that TSMC could gain a larger role in Terafab, potentially reducing Intel’s share of a major future AI-chip opportunity. Separately, Microsoft’s flagship new laptop reportedly uses NVIDIA rather than Intel processors, underscoring continued competitive pressure in PCs. TSMC Could Partner with Elon Musk’s Terafab

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on INTC. JPMorgan Chase & Co. upped their price target on shares of Intel from $45.00 to $85.00 and gave the stock an "underweight" rating in a report on Friday, July 24th. Pivotal Research initiated coverage on Intel in a report on Tuesday, September 8th. They set a "buy" rating on the stock. New Street Research upped their target price on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Robert W. Baird upped their target price on Intel from $75.00 to $125.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Finally, Citigroup began coverage on Intel in a research report on Tuesday, September 8th. They issued a "buy" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-six have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $109.06.

Intel Stock Performance

The firm has a market capitalization of $540.11 billion, a P/E ratio of -50.75, a price-to-earnings-growth ratio of 12.01 and a beta of 2.22. The company has a 50-day moving average of $102.58 and a 200-day moving average of $98.98. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the previous year, the company earned ($0.10) EPS. The company's revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts anticipate that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.05% of the company's stock.

Institutional Investors Weigh In On Intel

Institutional investors and hedge funds have recently made changes to their positions in the business. Titleist Asset Management LLC grew its stake in Intel by 3.1% during the third quarter. Titleist Asset Management LLC now owns 6,462 shares of the chip maker's stock worth $777,000 after purchasing an additional 197 shares during the period. Apella Capital LLC grew its position in shares of Intel by 15.3% during the 3rd quarter. Apella Capital LLC now owns 28,050 shares of the chip maker's stock worth $3,173,000 after buying an additional 3,720 shares during the period. Everhart Financial Group Inc. lifted its position in shares of Intel by 3.2% during the 3rd quarter. Everhart Financial Group Inc. now owns 40,106 shares of the chip maker's stock valued at $4,822,000 after acquiring an additional 1,234 shares during the period. Gradient Investments LLC boosted its stake in Intel by 53.2% during the third quarter. Gradient Investments LLC now owns 10,457 shares of the chip maker's stock worth $1,257,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC boosted its stake in Intel by 21.5% during the third quarter. Avidian Wealth Enterprises LLC now owns 22,769 shares of the chip maker's stock worth $2,737,000 after acquiring an additional 4,036 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Company Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.

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