CSX Reports Strong Quarterly Results, Stock Up 3% After Hours
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: CNBC
- CSX Strong Performance: CSX's quarterly results released Thursday night exceeded market expectations, leading to a 3% increase in after-hours trading, reflecting investor confidence in the company's future growth.
- Small-Cap Strength: The Russell 2000 small-cap index hit a new high on Thursday, up 9.5% year-to-date in 2026, significantly outperforming the Dow Jones Industrial Average's 2.8% gain, indicating optimism towards small businesses in the market.
- Japan Bond Crisis Impact: Amid what is termed a 'bond crisis' in Japan, the iShares MSCI Japan ETF (EWJ) has risen 5.1% year-to-date, despite the 40-year Japanese bond yield surpassing 4%, reflecting a complex market sentiment towards Japan's economy.
- Intel Earnings Reaction: Intel's earnings report released Thursday night beat expectations for earnings and revenue, but the first-quarter guidance fell short of analyst and investor hopes, causing the stock to drop about 12% in after-hours trading, despite having more than doubled in value since the U.S. government's investment last August.
Analyst Views on INTC
Wall Street analysts forecast INTC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for INTC is 39.30 USD with a low forecast of 20.00 USD and a high forecast of 52.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
29 Analyst Rating
5 Buy
19 Hold
5 Sell
Hold
Current: 54.250
Low
20.00
Averages
39.30
High
52.00
Current: 54.250
Low
20.00
Averages
39.30
High
52.00
About INTC
Intel Corporation is a global designer and manufacturer of semiconductor products. The Company operates through three segments: Intel Products, Intel Foundry, and All Other. Its Intel Products segment includes Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX). The CCG is bringing together the operating system, system architecture, hardware, and software application integration to enable PC experiences. DCAI delivers workload-optimized solutions to cloud service providers and enterprises, along with silicon devices for communications service providers, network and edge, and HPC customers. NEX helps networks and edge compute systems from fixed-function hardware to general-purpose compute, acceleration, and networking devices running cloud native software on programmable hardware. The Intel Foundry segment comprises technology development, manufacturing and foundry services. All Other segments include Altera, Mobileye, Other.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
