Is Intel stock set for a crash below $50 after post-earnings bloodbath?

Intel (NASDAQ: INTC ) stock is facing renewed selling pressure after plunging almost 30% on Friday following the semiconductor company’s third-quarter earnings report. The sell-off wiped more than $146 billion off Intel’s market capitalization, sending shares down to $65 and marking one of the stock’s worst single-day performances. INTC closed the day down 28%, while in 2026 Intel shares are up 66%. Intel’s third-quarter 2026 revenue increased 21% year over year to $16.5 billion, while non-GAAP earnings per share (EPS) climbed 126% to $0.52. Why Intel investors were spooked However, investors focused on its weaker fourth-quarter outlook, with revenue projected at $15 billion to $16 billion, below analysts’ $17.07 billion estimate. Adjusted EPS guidance of $0.25 also missed the $0.43 consensus.

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