Intel (NASDAQ:INTC) May Be in Danger of Being Removed from the Dow Jones

The calamitous price drop continues for Intel (INTC), as Reuters commentators are starting to question if the chip maker is in danger of being removed from the Dow Jones Industrial Average (DIA). That was bad news enough for investors, who sent shares down over 8% in Tuesday afternoon’s trading.

Intel was actually one of the first big tech firms, alongside Microsoft (MSFT), that got in on the Dow back in the late nineties. It was clear that the landscape was shifting, and tech companies needed to be represented in this key measure. Thus, Microsoft and Intel were selected to be representatives of the tech sector.

However, times have changed. There are a lot more tech companies out there, and a growing body of investors and analysts are starting to think that Intel’s days of representing tech in the Dow are coming to a close. With a roughly 60% drop over the last year, it is now the worst performer on the index, reports noted. In addition, if Intel is pulled from the Dow, that will be another punch in its storied reputation that will hurt Intel even further.

The Fire Sale Continues

Intel’s plans to perk up its bottom line and draw investors are continuing apace, as reports suggest that Intel could be looking to sell off Altera. Intel CEO Pat Gelsinger took a presentation to the Intel board of directors, noted a Fast Company report, to start divesting “unnecessary businesses” and change its spending plans accordingly.

The plans to sell off the foundry unit, however, were not part of this proposal. Rather, Intel is likely to either slow or halt the construction of a factory in Germany, a project slated to cost $32 billion. That project was already delayed once, and the delay may continue or even amplify from there.

Is Intel a Buy, Sell, or Hold?

Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds, and five Sells assigned in the past three months, as indicated by the graphic below. After a 43.88% loss in its share price over the past year, the average INTC price target of $27.32 per share implies 35.35% upside potential.

See more INTC analyst ratings

Disclosure

Source link

Visited 1 times, 1 visit(s) today

Related Article

Crude oil continues to surge, while U.S. stocks plummet again. However, U.S. Treasury yields are no longer following suit. Has the market begun to ‘price in a recession’?

Surging oil prices and a sharp decline in the U.S. stock market have led to an unusual retreat in U.S. Treasury yields! Market participants have offered a dual explanation for this anomaly. On one hand, investors are beginning to question whether the energy crisis will truly prompt the Federal Reserve to raise interest rates against

Every Magnificent Seven Stock Is Down This Year. This One Is a Screaming Buy

For years, the “Magnificent Seven” was one of the best bets on Wall Street. This group, which includes Apple, Alphabet, Tesla, Nvidia, Meta Platforms, Microsoft, and Amazon, bounced off the 2022 bear market, and nearly all of them have established themselves as major players in AI. However, after a brilliant three-year run, the Magnificent Seven

Carnival Gets Hit By the Iran War. Can the Cruise Stock Bounce Back?

Carnival (NYSE: CCL) shares were heading lower on Friday, even though the world’s largest cruise operator beat estimates in its fiscal first-quarter earnings report. In the last quarter before the war in Iran roiled the global travel market, Carnival reported revenue of $6.17 billion, up 6.1% from the quarter a year ago and ahead of

A Look At Wintrust Financial (WTFC) Valuation After Recent Share Price Pullback

Make better investment decisions with Simply Wall St’s easy, visual tools that give you a competitive edge. Wintrust Financial (WTFC) has drawn fresh attention after its recent share pullback, with the stock down about 12% over the past month and roughly 8% over the past 3 months. See our latest analysis for Wintrust Financial. While

Stock Market Today, March 27: Unity Software Surges on Vector AI Guidance

Today’s Change (13.57%) $2.33 Current Price $19.45 Key Data Points Market Cap $7.4B Day’s Range $18.16 – $20.12 52wk Range $15.33 – $52.15 Volume 2.1M Avg Vol 17M Gross Margin 66.95% Unity Software (U +13.57%), a global video game and interactive content developer, closed Friday at $19.45, up 13.54%. The stock rose after the company

NextPlat Announces Reverse Stock Split to Regain Compliance with Nasdaq’s Bid Price Requirement

HALLANDALE BEACH, Fla., March 27, 2026 /PRNewswire/ — NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat” or the “Company”), a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide, today announced that its Board of Directors has approved a 1-for-10 reverse stock split of the Company’s issued and outstanding

Fishy trades before major news spark insider trading allegations

Democratic lawmakers, traders and industry watchdogs are raising alarms, saying such seemingly prescient bets are forming a pattern that suggests people are profiting from prior knowledge of White House decision-making. “This is the kind of thing that makes people wonder if their government is acting in their best interest or trying to enrich certain individuals,”

“I Would Continue to Own the Stock”

Jim Cramer reviewed Corteva, Inc. (NYSE:CTVA) while breaking down 16 stocks for a market facing higher energy costs and economic uncertainty. Toward the end of the lightning round, a caller asked for Cramer’s thoughts on the stock, and he said: Okay, it’s an ag stock. We all know that crop protection and seeds are going

Jim Cramer Breaks Down the Data Center Growth Story for Generac Holdings

Jim Cramer reviewed Generac Holdings Inc. (NYSE:GNRC) while breaking down 16 stocks for a market facing higher energy costs and economic uncertainty. Cramer explained why the stock recently sold off, as he commented: Today, one of our favorites, Generac Holdings, the maker of backup power generators for both housing and the data center, held an

Legence Corp. Class A Common stock Q4 2025 Earnings Call Summary

Legence Corp. Class A Common stock Q4 2025 Earnings Call Summary – Moby Record Q4 revenue growth of 35% was primarily organic, driven by robust demand for direct liquid-to-chip technical cooling systems within the data center and technology sectors. The 49% year-over-year increase in total backlog reflects an elongation of project timelines as hyperscale clients

Micron Technology (MU) Shares Rallied More Than Triple In 2025

Columbia Threadneedle Investments, an investment management company, released its fourth-quarter 2025 investor letter for “Columbia Global Technology Growth Fund”. A copy of the letter can be downloaded here. Markets advanced modestly higher in Q4 2025, with the S&P 500 returning 2.66%, the Nasdaq 100 gaining 2.47%, and the Dow Jones Industrial Average leading with a

3 Defensive Stocks to Buy When the Stock Market Fear Index Soars

Investors are nervous. That’s what the CBOE S&P 500 Volatility index says anyway. Also more colloquially called “the fear gauge,” it’s back within sight of a multi-month peak hit earlier this month. All too often, once it reaches this point, it ends up soaring in conjunction with a full-blown market correction. That doesn’t mean you

This Software Company Is Betting $25 Billion That Its Stock Is Severely Undervalued Right Now

The AI-fueled “SaaSpocalypse” has indiscriminately sent software-as-a-service (SaaS) stock prices lower over the last few months. While it’s true that new generative artificial intelligence (AI) tools could pose a significant threat to many enterprise software companies, the highest-quality companies with wide moats could find AI more of a friend than a foe. As a result,

Is Palantir Stock Going to $200? Here’s What the Data Says

The artificial intelligence decision-making company Palantir Technologies (NASDAQ: PLTR) has been one of the best stocks to own in one of the market’s best sectors in recent years. The stock is up over 62% in the past year and nearly 600% over the past five. Since going public in 2020, the stock has returned nearly

How Kodiak Sciences Stock Rises To $120?

Photo by Ksenia Chernaya on Pexels Kodiak Sciences’ stock (NASDAQ: KOD) saw a massive 75% breakout yesterday, March 26 2026, pushing the stock to nearly $40 level and expanding its market cap to $2.4 billion. This stellar run was driven by a solid Phase 3 GLOW2 data for Zenkuda (tarcocimab), an investigational therapy to treat

Vanguard Total Stock Market Index Fund ETF Shares: Bull vs. Bear

With $2.09 trillion in net assets, the Vanguard Total Stock Market ETF (VTI 1.72%) is the largest exchange-traded fund (ETF) or index fund in the world. The fund gives investors exposure to over 3,500 U.S. stocks, including mid- and small-cap equities. Whereas an S&P 500 (^GSPC 1.74%) index fund only includes large-cap stocks. Here’s how

Is This AI Stock a Better Bargain Than the Magnificent Seven?

The Magnificent Seven technology stocks soared in recent years, leading gains in the S&P 500 — many of them play a major role in artificial intelligence (AI), a technology that has sparked investors’ interest. AI has the potential to revamp the way companies operate, and this could lead to cost savings, growth, and innovation. These

0
Would love your thoughts, please comment.x
()
x