Intel's Soft Quarterly Outlook Raises Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: stocktwits
- Analysts Recommend Hold: Despite Intel's fourth-quarter revenue and profit exceeding Wall Street expectations, its quarterly forecast fell short, leading 33 out of 47 analysts to recommend holding the stock, with only 17% advising a buy, reflecting market uncertainty about future performance.
- Retail Investor Sentiment High: Following Intel's earnings report, retail investor sentiment remains strong, with over 60% of 1,400 respondents believing the 17% drop on Friday was an overreaction, indicating confidence in a potential rebound.
- Supply Chain Issues Impact Outlook: Intel expects Q1 revenue between $11.7 billion and $12.7 billion, with adjusted EPS projected to break even, falling short of market expectations of $12.51 billion and $0.05 profit, highlighting missteps in forecasting AI data center demand.
- Analyst Price Target Adjustments: Morgan Stanley raised Intel's price target from $38 to $41, reflecting
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: 54.320
Low
20.00
Averages
39.30
High
52.00
Current: 54.320
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.
