Intel's Q1 Revenue Outlook Misses Expectations, Stock Volatile by 17%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: Coinmarketcap
- Revenue Outlook Downgrade: Intel's management forecasts Q1 revenue at approximately $12.2 billion, falling short of the $12.6 billion expected by Wall Street, reflecting ongoing execution challenges that led to a stock price drop of up to 17%.
- Government Stakeholder Position: Intel's comeback narrative is closely tied to the U.S. government's industrial policy as a major beneficiary of the CHIPS Act, with recent market fluctuations resulting in multi-billion-dollar paper losses for the government, although its overall investment remains profitable.
- Options Market Signals: CheddarFlow indicates a significant $500 million options position on Intel, interpreted by traders as institutional speculation on a major price movement, suggesting that heavy hitters view Intel as a strategic investment ahead of potential catalysts.
- Supply Chain Challenges: Executives warn that supply will hit seasonal lows, particularly in server CPUs and AI data center chips, despite accelerating demand, raising concerns about revenue potential and market share erosion to competitors like AMD and Nvidia.
Analyst Views on AI
Wall Street analysts forecast AI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AI is 30.45 USD with a low forecast of 18.00 USD and a high forecast of 50.00 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.
13 Analyst Rating
4 Buy
6 Hold
3 Sell
Hold
Current: 12.970
Low
18.00
Averages
30.45
High
50.00
Current: 12.970
Low
18.00
Averages
30.45
High
50.00
About AI
C3.ai, Inc. is an enterprise artificial intelligence (AI) application software company. The Company has built a solution that enables its customers to rapidly develop, deploy, and operate enterprise AI applications. It offers families of software solutions, which it collectively refers to as its C3 AI software: The C3 AI Platform, C3 AI Applications, and C3 Generative AI. The C3 AI Platform, its core technology, is a comprehensive, end-to-end application development and runtime environment that is designed to allow its customers to rapidly design, develop, and deploy Enterprise AI applications of any type. Its C3 AI Applications, built using the C3 AI Platform, is a portfolio of pre-built, extensible, industry-specific, and application-specific software-as-a-service offerings (SaaS) Enterprise AI applications that can be rapidly installed and deployed. Its C3 Generative AI combines the utility of large language models, generative AI, reinforcement learning, natural language processing.
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.
