Intel Corporation (INTC)
| Market Cap | 84.19B |
| Revenue (ttm) | 54.25B |
| Net Income (ttm) | -15.96B |
| Shares Out | 4.31B |
| EPS (ttm) | -3.76 |
| PE Ratio | n/a |
| Forward PE | 27.95 |
| Dividend | n/a |
| Ex-Dividend Date | Aug 7, 2024 |
| Volume | 106,824,420 |
| Open | 18.96 |
| Previous Close | 19.06 |
| Day's Range | 18.91 - 19.76 |
| 52-Week Range | 18.51 - 51.28 |
| Beta | 1.04 |
| Analysts | Hold |
| Price Target | 30.23 (+54.87%) |
| Earnings Date | Jan 23, 2025 |
About INTC
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company’s products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs)... [Read more]
Financial Performance
In 2023, Intel's revenue was $54.23 billion, a decrease of -14.00% compared to the previous year's $63.05 billion. Earnings were $1.69 billion, a decrease of -78.92%.
Financial StatementsAnalyst Forecast
According to 31 analysts, the average rating for INTC stock is "Hold." The 12-month stock price forecast is $30.23, which is an increase of 54.87% from the latest price.
News
Intel Is Still A Good Bet
Intel's current struggles are largely due to past decisions, not recent leadership, and the company is not in danger of bankruptcy. Despite issues with Arrow Lake's release, it's a strong product, and...
From Nike to Intel, CEO departures at U.S. companies hit a record this year
CEO exits at U.S. public companies hit a record in 2024 as they faced competitive and strategic challenges. Turnover included chief executives at U.S. companies that have long dominated in their indus...
Broadcom's CEO plays down an Intel bid: 'No hostile offers'
Broadcom's CEO says he's too busy riding the AI wave to consider a takeover of rival Intel. In an interview with the Financial Times, Hock Tan said he had no interest in "hostile takeovers.
Intel Stock Charts Suggests Bearish Trend, Fundamentals Hint At Potential Rebound
Intel Corp‘s INTC stock plunged 59% over the past year, leaving investors to question whether the company is facing a long-term decline or gearing up for a rebound.
GRAMMY-WINNING ARTIST ALESSIA CARA PARTNERS WITH LENOVO AND INTEL FOR THE "MADE BY" CAMPAIGN, FEATURING A BEHIND-THE-SCENES MINISERIES AND EXCLUSIVE LIVE EXPERIENCE
Alessia's fans will experience a behind-the-scenes look at the creative process for her Love & Hyperbole album trailer through an episodic series, brought to life by Lenovo's smarter technology and In...
Intel Needs Just One Catalyst - Buy
Intel's stock is rated "Buy" due to anticipated EPS recovery in FY2025 and the potential positive impact of a new CEO announcement. Despite significant losses and underperformance, Intel's strategic c...
6 Stocks To Consider Buying Before Year-End
With the S&P 500 Small-Cap Stock Index (SML) underperforming the S&P 500 Large-Cap Index (SPX) by -2.49% in December as of Monday's market close, now is the time to make some of your most important st...
Why Intel's Foundry May Be Set For A Comeback
Intel stock has declined by over 55% this year and trades at just about $21 per share. While part of the sell-off has come due to Intel's market share losses in the CPU space and the broader industry ...
Intel: Take A Deep Breath
We disagree with the firing of Patrick Gelsinger as Intel Corporation's CEO. Considering that the timeline for delivering a turnaround was 2025 to 2027, the action appears vexing. Patrick Gelsinger is...
Intel: 2025 Should Be A Better Year
Intel's stock price has declined by more than 50% in 2024 due to weak revenue growth, product delays, and intense competition. 2025 looks more promising with the launch of Intel's new Lunar Lake and A...
Intel co-CEOs discuss splitting product and manufacturing businesses
Intel's co-CEOs discussed splitting the firm's manufacturing and products businesses Thursday. A separation could address Intel's poor financial performance.
Intel plans to take its chip subsidiary Altera public
CNBC's Deirdre Bosa joins 'The Exchange' from the Barclays Global Technology Conference with IPO news.
Intel Corporation (INTC) Barclays 22nd Annual Global Technology Conference (Transcript)
Intel Corporation (NASDAQ:INTC) Barclays 22nd Annual Global Technology Conference December 12, 2024 11:40 AM ET Company Participants Michelle Johnston Holthaus - Interim co-CEO David Zinsner - co-CEO...
Intel executives say manufacturing spinoff is possible
The two executives leading Intel after the ouster of its chief executive said on Thursday that the company may spin out its manufacturing division.
SecurityScorecard Threat Intel Report: 97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024
NEW YORK--(BUSINESS WIRE)--SecurityScorecard today released an in-depth analysis revealing that 97% of the top 100 U.S. banks experienced a third-party data breach in the past year, exposing significa...
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
Nvidia, AMD, Intel Bright Light to Chips
Startup Ayar Labs raises $155 million in its latest funding round with backing from Nvidia, AMD and Intel. CEO Mark Wade joins Caroline Hyde on "Bloomberg Technology" to discuss how their tech, using ...
Taiwan Semi Founder Calls For New Strategy After Intel Chief's Departure
Taiwan Semiconductor Manufacturing Co TSM founder Morris Chang told Reuters Monday that Intel Corp INTC should have focused on developing its artificial intelligence moat instead of contract chipmakin...
Mobileye to Use Innoviz LiDARs for its Mobileye Drive™ AV Platform
The agreement will see Mobileye integrate Innoviz LiDARs into its autonomous vehicle platform for testing and deployment with key customers Mobileye Drive™ platform for autonomous driving has been ado...
S&P Global downgrades Intel's credit rating on slow recovery, management changes
S&P Global Ratings on Tuesday downgraded chipmaker Intel Corp's credit rating to 'BBB' from 'BBB+', on slow business recovery and uncertainty following management changes.
Intel stock price forecast: is INTC a bargain or a value trap?
The Intel stock price has imploded as concerns about the fallen angel continue. INTC shares have dropped to $20.8, its lowest level since September, and 60% below the highest point this month.
Intel: Can One Person Make A Difference?
Intel's stock is down nearly 50% in the last year, and a new CEO is essential to restore investor confidence and drive a turnaround. Historical examples like Starbucks and GM show that new leadership ...
Pray And Fast For Intel
Intel Corporation's future hinges on the success of its 18A node and GPU competitiveness, supported by significant U.S. government funding and strategic partnerships. Despite recent setbacks, includin...
Intel should have focused on AI rather than chipmaking, TSMC founder says
Intel should have focused on artificial intelligence rather than trying to become a contract chipmaker, the founder of Taiwan Semiconductor Manufacturing Co said on Monday, in relation to the recent d...
The Score: Intel, Salesforce, American Airlines and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.