Intel Stock Eyes One of Its Worst Days Since 1974: 'Houston, We Have a Problem,' Analyst Says
Key takeaways
- Intel’s stock has plunged 25.6% after a sharp downgrade of its outlook, erasing $125 billion in value and highlighting supply‑chain constraints that are forcing a reset of revenue and margin expectations.
- Intel shares fell 25.6% to $68.52
- $125 billion market value erased
- 278% first‑half gain in 2026
What happened
Intel Corp. (NASDAQ: INTC) saw its stock drop 25.6% to $68.52 in pre‑market trading on Friday, the steepest single‑day decline in more than five decades. The fall erased about $125 billion of market value and nearly matched the 26.1% plunge on August 2, 2024. The drop follows a 278% first‑half gain in 2026, the strongest six‑month run in the company’s history. Analyst C.J.
Why it matters
Intel’s What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.guidance
Short-term and longer-term
Short-term. Over the next few days, Intel’s shares could continue to test lower levels as the market digests the new What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.guidance
Longer-term. For investors looking ahead, Intel’s revised outlook suggests slower revenue and margin growth through 2027, with a projected 2027 Earnings per share — profit for one share of the company, in dollars.EPS
Words on this card
- Intel 3
- Intel’s next‑generation processor architecture aimed at AI workloads
- Fab 28
- Intel’s semiconductor fabrication plant in Israel
- Gross margin
- Revenue minus cost of goods sold, expressed as a percentage of revenue
- Adjusted earnings
- Net income adjusted for non‑recurring items, reported per share
- Guidance
- What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.
- Revenue
- Sales — money the company took in before costs.