Intel’s Selloff Is Turning to Range Bound Consolidation Alex Sirois Thu, November 12, 2026 at 7:15 AM EST 5 min read INTC -4.16% ^GSPC +1.31% Trade Intel on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Intel (INTC) tumbled 38% in a month after guiding Q4 revenue and EPS below Q3, even as AI server demand surged.
Data Center and AI revenue jumped 78% as demand exceeds supply, and Lip-Bu Tan sees server CPU TAM growing past $200 billion.
Intel (INTC) outperforms the S&P 500 (SPY) year to date, yet 36 of 49 analysts rate it Hold.
The biggest 401k decisions tend to get made once and never revisited: when to roll it over, what to hold inside it, and when to start taking money out. That is exactly what the report: 401k & IRA Tips and Answers was created to address, and it is free today. Read more here. (Sponsor)
Intel (NASDAQ:INTC) trades at $62.50. The stock fell 38.33% over the past month and has since steadied, rising 7.26% in the past week.
Intel designs x86 processors for PCs and servers. The company also operates a foundry that makes chips for its own products and for outside customers. Shares rose from $48.26 at the January earnings report to $103.79 in July on strong AI server demand. The reversal followed third-quarter results, when management guided fourth-quarter revenue to $15.0 billion to $16.0 billion and non-GAAP EPS to $0.25. Both figures sit below the third quarter's $16.51 billion and $0.52.
Data Center and AI revenue jumped 78% to $7.32 billion, and segment operating income rose to $3.04 billion from $964 million. CFO David Zinsner said "demand for DCAI products continues to meaningfully exceed available supply." Intel expects industry server CPU units to grow more than 30% in both 2026 and 2027. CEO Lip-Bu Tan sees server CPU TAM expanding from $40 billion to more than $200 billion over five years.
Execution is improving as well. Intel 18A yields rose at a "double-digit rate," and Nova Lake design wins are tracking at twice those of Panther Lake at launch. A PEG ratio of 0.501 suggests the market is underpricing expected growth.
For many Americans, funding a 401(k) only leads to more retirement questions. Should you roll your 401k into an IRA, and when? What's the tax impact if the rollover check gets made out to the wrong name? When do required withdrawals begin, and how much do you have to take?
Fisher Investments put the answers in one place. 401k & IRA Tips and Answers is free, and it covers rollovers, contribution limits, required withdrawals, and what actually belongs inside the account once the balance gets serious. Read More Here ›
Fourth-quarter guidance calls for a non-GAAP gross margin of 38%, down from 44.1%, with client revenue falling greater than 20% sequentially. Management expects the 2027 PC unit TAM to decline roughly 10%. The Foundry business lost $1.85 billion in the third quarter as well.
Analysts are cutting quickly. The 2027 EPS consensus fell to $1.7905 from $2.1756 seven days earlier. Zinsner said, "I don't think this will be a year in which we see positive cash flow." The $23 billion equity offering raised the diluted share count to 5.44 billion. A forward P/E of 35 leaves room for further multiple compression.
Intel expects the first half of 2027 to remain more supply-constrained than the second half, with added substrate capacity arriving in the back half of 2027. The PC inventory correction should be worst in the fourth and first quarters and could extend into the second. Management expects "a couple of customers ready to announce in the next two quarters" for advanced packaging, and the 14A 1.0 PDK is due by Q1 next year. Those milestones will decide the stock's direction.
The stock trades at $62.50, against an average target of $91.12. The gap to that target implies 45.8% upside, though price targets are no guarantee. The 49 covering analysts lean conservative:
Shares are up 69.38% year to date, compared with 11.41% for the S&P 500. Over the past month Intel fell 38.33% while the index slipped 2.36%. The stock sits below its 200-day average of $87.19.
The business is improving, but the two quarters ahead carry known pain. Fourth-quarter EPS guidance of $0.25 and a first-quarter consensus of $0.2698 point to bottom earnings in the coming months.
A more constructive outlook would require named external 18A-P or 14A customers and positive estimate revisions. The outlook would weaken if 14A slips, substrate shortages continue, or Foundry losses widen. With a beta of 2.426, the stock moves more sharply than the broader market.
Intel's AI server demand is real, but at $62.50 the stock still needs proof that supply can catch up before 2028 earnings get priced in.
(sponsor) 401(k)s are powerful retirement tools. But even savvy savers can make mistakes that quietly cost you money for decades. Choosing the wrong fund, ignoring small fees nobody adds up, rollover steps done in the wrong order, the list goes on.
These sort of mistakes is exactly what 401k & IRA Tips and Answers was created to help prevent. It is a free guide from Fisher Investments on rollovers, contributions, required withdrawals and the mistakes that do the most damage to a retirement account. Learn More Here ›
Contact editorial@247wallst.com for any questions or corrections.
