Based on the provided data and current market context, let's analyze INTC's price movement for the next trading week.
Technical Analysis
The technical indicators show INTC is currently trading around $20.30, with RSI at 51.10 indicating neutral momentum . Key support level is identified at $19.12 (Fibonacci S1) while resistance sits at $21.93 (Fibonacci R1).
News Sentiment Analysis Recent significant news that could impact INTC's price next week:
Acquisition Speculation: INTC stock gained 9% on January 17 after reports of a potential buyout interest, though details remain unclear. This speculation could continue to create price volatility.
Leadership Changes: The company recently replaced CEO Pat Gelsinger with interim co-CEOs Dave Zinsner and Michelle Johnston Holthaus, which adds uncertainty to the company's direction.
Q4 Earnings Release: INTC will report Q4 earnings on January 23. Analysts expect a loss of $0.04 per share, compared to a profit of $0.38 in the year-ago quarter. This could be a major price catalyst.
Price Prediction for Next Week
Based on technical and fundamental factors:
Trading Recommendation SELL with target price of $19.12. The recommendation is based on:
The price of INTC is predicted to go up -12.04%, based on the high correlation periods with PTEN. The similarity of these two price pattern on the periods is 90.81%.
INTC
PTEN
Year
INTC Price Forecast($)
Potential Return(%)
2025
21.000
9.550
2026
50.000
160.820
2027
25.000
30.410
2028
25.000
30.410
2029
30.000
56.490
2030
35.000
82.580
Intel is one of the largest semiconductor companies in the world and holds the lion's share of the PC and server processor markets.
Intel is making some smart moves in its turnaround plans, such as shedding some noncore businesses, spinning off shares of its attractive automotive business (Mobileye), and seeking innovative co-investment partnerships with financial firms.
The AI semiconductor market is booming, and Intel is one of the few merchant firms with a diverse enough portfolio to serve a larger portion of the market.
HSBC
Price Target
n/a
Upside
0%
Citigroup
Price Target
$22 → $21
Upside
-3.54%
Mizuho
Price Target
$23 → $21
Upside
+9.66%