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Intel shares drop 25% post-Q3 but upgraded to technical 'Buy' on rebound potential.

Technical Signals
30 Oct 2026, 17:30 WIB
Seeking Alpha
View Source
Bullish
Intel shares drop 25% post-Q3 but upgraded to technical 'Buy' on rebound potential.

Intel's stock fell 25% after its Q3 report due to weak Q4 PC guidance and supply chain issues, despite beating earnings and revenue estimates. The company's AI and data center segments remain strong, but near-term risks persist from a soft PC market. Analysts see the current valuation as fair and recommend a long position with a stop loss below $63, targeting resistance levels at $82 and $108, viewing the recent drop as a buying opportunity.

Intel's stock is currently priced at USD 67.18 on Pluang as of Oct 30, 2026 21:41 WIB, reflecting a 27.03% decline in one day. The stock's market capitalization stands at $486.69 billion, with a dividend yield of 2.24%. Pluang investors show a buying interest with 60% of order activity favoring purchases over sales.

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