Intel Corp. (INTC) stock fell 9.66% on Tuesday, closing at $110.39, as investors locked in gains after a historic run. With no fresh catalysts on the day, profit-taking kicked in across the board.
The pullback comes after a staggering 286% gain year-to-date, driven largely by AI-related semiconductor demand. Even with Tuesday’s drop, INTC is still up 21.7% in July alone.
Despite the red day, analyst sentiment remains mostly positive. HSBC set the Street-high price target of $200, doubling its previous target of $100, citing AI server CPUs and the foundry business as key upside drivers.
Bank of America also upgraded its price target by 18.5%, moving from $135 to $160, while keeping its buy rating intact. New Street Research added a 22% bump, raising its target from $100 to $122.
Not everyone is bullish, though. JPMorgan carries an underweight rating with a $45 target, and the consensus across analysts sits at “Hold” with an average target of $96.69 — well below where the stock is trading now.
All eyes are now turning to July 23, when Intel reports Q2 2026 earnings. The company has guided for revenue between $13.8 billion and $14.8 billion, which would represent year-over-year growth of 7% to 14.7% from the $12.9 billion posted in Q2 2025.
Diluted EPS guidance stands at $0.08, a sharp turnaround from a $0.67 loss in the same quarter last year.
Last quarter, Intel beat expectations by a wide margin — reporting $0.29 EPS against a consensus estimate of just $0.01. Revenue came in at $13.58 billion, topping analyst estimates of $12.32 billion by over $1.2 billion.
On the institutional side, Jericho Financial LLP trimmed its Intel position by 12.3% in Q1, selling 14,755 shares, leaving it with 105,013 shares valued at around $4.63 million.
Other firms moved in the opposite direction. Resonant Capital Advisors raised its position by 33.4%, while Flatrock Wealth Partners and Horst & Graben Wealth Management both opened new positions during Q1. Institutional investors now hold 64.53% of INTC.
On the insider side, EVP April Miller Boise sold 40,256 shares on May 1 at an average of $99.53, totaling roughly $4 million — a 27.7% reduction in her position.
Intel’s 50-day moving average sits at $117.30, above the current price, while the 200-day moving average is $72.32. The stock has a 52-week range of $18.97 to $142.35.
The market cap currently stands at $554.82 billion, with a debt-to-equity ratio of 0.34 and a current ratio of 2.31.
HSBC’s Street-high $200 target remains the most aggressive call on the Street, with the bank pointing to improving 18A manufacturing yields and foundry momentum as reasons the stock could push higher from here.
The post Intel (INTC) Stock Slides 10% After Monster Run — Earnings Could Be the Next Trigger appeared first on CoinCentral.
