Updated 1 November 2026. Intel (INTC) goes into Monday at $65.76, Friday’s close after a 28.58 percent fall, and traded at $64.88 after hours (StockAnalysis). Yahoo Finance calculated it as the worst day since 1974. October as a whole took the stock from $120.23 to $65.76, a 45.3 percent loss (StockAnalysis), which 24/7 Wall St. called Intel’s worst month in more than four decades. Verdict: Wall Street has reset its targets but every one of them is still above the price; Monday’s open answers three questions about who is left to sell. Reference levels: $59 below, $74 above.
Key facts
- Price: INTC closed at $65.76 on 30 October after a $63.20-$68.77 range, from $92.07 on Thursday; after hours it traded at $64.88 (StockAnalysis).
- October: from $120.23 on 30 September to $65.76, down 45.3 percent (StockAnalysis). Before the report the stock was still up about 150 percent for the year (CNBC).
- Target cuts: Finbold counted 17 firms cutting targets in one day. Among them: Truist to $72 from $108 (Hold), Roth’s Suji Desilva to $70 from $120 with a downgrade to Neutral, Baird to $83 from $125 (Neutral), Jefferies’ Blayne Curtis to $85 from $120 (Hold) and StoneX to $100 from $140 (Buy) (MarketBeat, Finbold).
- Downgrades: D.A. Davidson cut Intel to Neutral from Buy with the line “Not fixed yet” (CNBC); Bank of America and Roth also moved to Neutral.
- Consensus: Hold, with an average target of $102.03 from 2 Strong Buy, 20 Buy, 26 Hold and 2 Sell ratings (MarketBeat).
- The government stake: the US government’s 10 percent holding lost about $12 billion of value on Friday but is still profitable; Nvidia’s stake lost about $6 billion (CNBC).
- Fab 28: the explosion at Intel’s Israel plant will cost about $600 million of revenue over two quarters (CNBC).
Question 1: does Friday’s $63.20 low hold?
Friday’s low was $63.20, and the after-hours price of $64.88 was already below the close. The lowest new target, Roth’s $70, is about 6 percent above the price. Our Saturday Intel page set out the results and the first round of cuts; what changed over the weekend is the size of the reset. With Truist, Roth and Baird added, the new targets mostly sit between $70 and $100, against $85-$155 before the report.
A target cut is not a sell order. But a Hold at $72 on a $65.76 stock tells a fund manager there is little reason to buy on Monday, and at least three Buy-to-Neutral downgrades in one session remove the analysts who would normally argue for it.
Question 2: who is left to sell?
The holders who drove a 150 percent rally into October are the ones selling now. Friday’s volume was 455.5 million shares (StockAnalysis), and a stock that loses 45 percent in a month rarely clears all of its forced sellers in a single session. On the other side are holders who are not trading: the US government, whose stake is still in profit, and chief executive Lip-Bu Tan, who bought 105,263 shares at an average of $95 in August, about $10 million (MarketBeat). His purchase is now about 31 percent under water.
The CEO’s own buying is the kind of signal markets watch after a crash. A new insider purchase after the results would show management thinks the guide is the bottom; no purchase tells you nothing either way.
Question 3: what does AMD say on Tuesday?
AMD reports on 3 November after the close. Its client guide is the first independent check on Intel’s warning that the PC slowdown lasts at least through the first half of 2027. If AMD’s PC business holds up better, Intel’s problem looks like lost share as well as a weak market, which is worse for Intel. If AMD’s client guide is just as weak, the slowdown is industry-wide and Intel’s server and foundry story matters more again. Our AMD results preview covers the numbers, and the editorial team’s report on Friday’s session covers the 1974 comparison.
Intel from Monday’s open: bull, base and bear
| Scenario | INTC | What has to happen | Anchor |
|---|---|---|---|
| Bear | $59 | Monday opens below the $63.20 low, more downgrades follow and AMD’s client guide confirms a market-wide PC decline. | About 10 percent below Friday’s $65.76 close. |
| Base | $62-$70 | Selling slows after the record-volume session while the last analysts finish cutting. | Around Friday’s range, up to Roth’s $70 target. |
| Bull | $74 | Buyers step in at the open, AMD’s report points to Intel losing share in PCs rather than the market collapsing, or an insider buys. | About 12.5 percent above Friday’s close, between Truist’s $72 and the $75 targets from Barclays, TD Cowen and RBC. |
The bear case sits below Friday’s close. Analyst targets, all above the current price, are listed separately above. These are reference levels measured from the verified close, not forecasts.
What to watch
- The opening print against $64.88, Friday’s after-hours price.
- $63.20: a close below Friday’s low would show no buyers stepped in after the first shock.
- Further rating changes: 17 firms cut on Friday; the ones that did not move yet are the next notes to watch.
- Form 4 filings for any insider purchase after the results.
- AMD’s client guide on Tuesday 3 November.
Quick take: Intel goes into Monday at $65.76 after a 28.58 percent drop and a 45.3 percent October. The Street has reset to mostly $70-$100 targets, still all above the price, and three firms downgraded to Neutral. Monday answers whether $63.20 holds and whether forced selling is done; Tuesday’s AMD report answers whether the PC slowdown is Intel’s or everyone’s. Expect $62-$70; $59 needs another leg of selling, $74 needs buyers and a softer read from AMD.
FAQ
What is Intel’s stock price going into Monday?
Intel closed at $65.76 on Friday 30 October 2026, down 28.58 percent, and traded at $64.88 after hours (StockAnalysis).
How much did Intel stock fall in October 2026?
About 45.3 percent, from $120.23 on 30 September to $65.76 on 30 October (StockAnalysis).
What is the lowest analyst price target for Intel now?
Roth’s $70, set when it downgraded the stock to Neutral from Buy. Truist cut to $72 and Barclays, TD Cowen and RBC to $75.
What is the consensus rating on Intel?
Hold, with an average target of $102.03 (MarketBeat).
How much did the US government lose on its Intel stake?
About $12 billion of value on Friday, according to CNBC, though the 10 percent stake remains profitable.
Why does AMD’s report matter for Intel?
AMD competes with Intel in PCs and servers. Its 3 November client guide is the first independent check on Intel’s warning that the PC slowdown will last into 2027.
Sources: StockAnalysis (prices, October performance, volume); Yahoo Finance (1974 comparison); 24/7 Wall St. (monthly comparison); CNBC, 30 October (government and Nvidia stakes, D.A. Davidson, Fab 28 revenue impact, year-to-date gain); MarketBeat (Truist, consensus, insider purchase); Finbold (Roth, Baird, Jefferies, StoneX, count of cuts); StockAnalysis and Benzinga via our Saturday page (Barclays, TD Cowen, Bank of America); RBC via Benzinga.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Stock prices are volatile. Do your own research and consult a licensed financial adviser before making investment decisions.
