Why Intel Corporation (INTC) stock fell 28.6% on Friday, October 30, 2026

Intel Corporation (INTC) closed at $65.76, down 28.58% on Friday, October 30, 2026, on volume of 448,164,283 shares (4.4× its 3-month average); market value about $349.20B.

What happened: primary sources

Events Nexqual found for INTC on Friday, October 30, 2026 or the trading day before (October 29, 2026):

• Oct 29, 2026: Reported Q3 2026 results: adjusted EPS $0.52 vs consensus $0.40 (beat), revenue $16.51B vs consensus $16.49B (beat). Guidance: Forecasting fourth-quarter 2026 revenue of $15.0 billion to $16.0 billion and EPS of $0.10 (GAAP) or $0.25 (non-GAAP). source
• Oct 30, 2026: TD Cowen: Target lowered, Hold, price target $95 → $75
• Oct 30, 2026: DA Davidson: Target lowered, Neutral, price target $100 → $70
• Oct 30, 2026: Rosenblatt: Target lowered, Sell, price target $80 → $70
• Oct 30, 2026: Wells Fargo: Target lowered, Equal-Weight, price target $120 → $80
• Oct 30, 2026: Wedbush: Target lowered, Neutral, price target $98 → $75
• Oct 30, 2026: Truist Securities: Target lowered, Hold, price target $108 → $72

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on INTC

INTC stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Earnings report: INTC results, October 29, 2026. Other big moves that day: October 30, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 4, 2026 at 11:37 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 4, 2026 at 11:37 UTC. This page is informational and not investment advice.

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