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

History Says Now Is the Time to Buy These 2 Brilliant Stocks

The market seldom provides great buying opportunities for some of the best companies on the planet. However, with the latest round of tech sell-offs, that’s exactly where we find ourselves. Two of the most dominant stocks in the market over the past few years are on sale at historically cheap levels, and if you swoop

February 26 Could Be a Huge Day for the Stock Market

Feb. 26 could be a huge day for the stock market. Depending on how large the news is, one company may steer the market one direction or another based on what it says. The company I’m talking about is none other than Nvidia (NVDA +0.94%), the world’s largest company by market cap by a wide

Novo Nordisk Stock Investors Just Got Great News From Eli Lilly

But it’s good news for Eli Lilly, too. Novo Nordisk (NVO 2.13%) has struggled over the past year, and the company recently hit another setback when it reported disappointing fourth-quarter results and even worse guidance for fiscal year 2026. The stock price fell by nearly 15% following these developments. However, there are several things to

Could the US stock market collapse? Here’s what the Warren Buffett indicator says

Image source: Getty Images Even with richly priced US tech stocks getting sold off earlier this month, the Warren Buffett indicator remains alarmingly high at 220.1%. That’s even more elevated than the peak of 2021, prior to the severe US stock market correction of 2022. And it signals that some serious trouble could be brewing.

Is Nokia a Buy, Sell, or Hold in 2026?

I owned Nokia (NYSE: NOK) stock fairly recently. After holding the Finnish mobile communications equipment specialist’s shares for about four years, I cashed in that modest position in July 2024 for a total return of 12.5%. The S&P 500 (SNPINDEX: ^GSPC) index scored a total return of 68.6% over the same period, and I didn’t

This Growth Stock Continues to Crush the Market

With its stock already up 40% year to date, one of the hottest growth stocks right now is Micron Technology (MU +2.36%). The memory maker is benefiting from what looks like a supercycle for DRAM (dynamic random access memory) and NAND (flash memory). Best of all, this looks like it is just the start of the

Better Artificial Intelligence Stock: Alphabet vs. Amazon

Both companies are spending heavily on AI this year. There are a lot of great artificial intelligence (AI) stocks. Despite a downturn in AI stocks in recent days, the build-out of AI clearly has a long runway that will benefit buy-and-hold investors. Two of the best and biggest hyperscalers right now are Alphabet (GOOG +3.66%)

Why Alphabet Stock Topped the Market Today

As the stock trading week came to a close on Friday, investors were doing more with Google parent Alphabet (GOOG +3.66%)(GOOGL +3.95%) than just searching for websites — they were snapping up its equity. Both share classes of the company enjoyed a roughly 4% rise on the day, comparing very favorably to the 0.7% increase

Down 22%, 3 Reasons to Buy the Dip on Amazon Stock

The market isn’t pleased with the amount the company is spending. Shares of Amazon (AMZN +2.65%) currently trade 22% below their peak from November 2025 (as of Feb. 17). More recently, the market became weary when the business announced plans for $200 billion in capital expenditures in 2026. This investment, up from $131 billion last

6 Stocks Driving the 2026 Stock Market Rotation

Key Takeaways Industrial, consumer defensive, and energy stocks are leading the stock market higher in 2026 as technology names falter and investors look beyond the AI trade for returns. Within those sectors, stocks like Caterpillar, Walmart, and Exxon are benefitting from tailwinds stemming from the AI data center buildout, cost-conscious consumer spending, and rising oil

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