Intel Corporation (INTC)
| Market Cap | 134.79B |
| Revenue (ttm) | 55.24B |
| Net Income (ttm) | 4.07B |
| Shares Out | 4.23B |
| EPS (ttm) | 0.96 |
| PE Ratio | 33.21 |
| Forward PE | 23.29 |
| Dividend | $0.50 (1.57%) |
| Ex-Dividend Date | May 6, 2024 |
| Volume | 119,366,169 |
| Open | 31.74 |
| Previous Close | 35.11 |
| Day's Range | 30.64 - 35.11 |
| 52-Week Range | 26.86 - 51.28 |
| Beta | 1.01 |
| Analysts | Hold |
| Price Target | 40.02 (+25.53%) |
| Earnings Date | Apr 25, 2024 |
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 32 analysts, the average rating for INTC stock is "Hold." The 12-month stock price forecast is $40.02, which is an increase of 25.53% from the latest price.
News
The Law Offices of Frank R. Cruz Announces Investigation of Intel Corporation (INTC) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Intel Corporation (“Intel” or the “Company”) (NASDAQ: INTC) on behalf of investors concerning the Company's...
Ben Reitzes shares the bull case for Intel following quarterly results
Ben Reitzes, Melius Research, joins 'Fast Money' to talk the bull case for Intel after the company reported weaker-than-expected demand.
Google, Microsoft, Meta, Intel, and Snap earnings analysis
The release of earnings from Big Tech giants has commenced, with industry leaders like Alphabet (GOOG, GOOGL) and Microsoft (MSFT)impressing Wall Street analysts with their financial performance. As t...
Intel CEO on Q2 outlook: Market is a little bit weaker
Intel (INTC) posted first quarter earnings revealing better-than-expected profit but a lower-than-expected second quarter revenue forecast. While the market's immediate reaction sent shares lower, the...
Apollo, KKR and Stonepeak may fund Intel's Ireland facility, Bloomberg reports
Apollo Global Management , KKR & Co and Stonepeak may invest billions in a joint venture to help fund Intel's semiconductor fabrication facility in Ireland, Bloomberg News reported on Friday.
Intel (INTC) Falls to 9-Month Lows After Earnings
Intel (INTC) falls to 9-month lows after earnings. Diane King Hall discusses this as Intel's 1Q adjusted EPS came in at $0.18 versus an estimated $0.13 and its revenue came in at $12.72B versus an est...
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant.
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.
Intel's bad year worsens, with analyst decrying company as ‘profoundly broken'
Intel Corp.'s bad year is getting worse as the chip stock experiences another sharp slide in the wake of earnings.
Intel CEO Gelsinger on Q1 Earnings, Foundry Business, AI
Intel CEO Pat Gelsinger discusses the company's quarterly results, progress on the foundry business, demand for AI PCs, and where he sees strength in AI products going forward. -------- More on Bloomb...
Intel stock: don't hold your breath for a swift recovery
Intel Corp (NASDAQ: INTC) is down well over 35% versus its year-to-date high but a Goldman Sachs analyst still doesn't see it as a bargain. Intel stock has limited upside from here Toshiya Hari reite...
Intel's traditional business hasn't grown fast enough to cover its manufacturing costs: Chris Caso
Chris Caso, Wolfe Research senior analyst, joins 'Squawk Box' to discuss Intel's quarterly earnings results, the company's weak guidance, semiconductor production outlook, and more.
Intel falls as weak PC chip demand hurts second-quarter forecast
Intel shares slumped more than 7% premarket on Friday after a downbeat second-quarter sales forecast signaled that the boom in AI technology was diverting enterprise spending away from its traditional...
Intel's Lackluster Forecast Shows Comeback Challenges
Intel Corp. gave a lackluster forecast for the current period, with sales and profit set to come in lower than analysts' estimates. Once the world's dominant chipmaker, the company is now lagging behi...
Intel reports 9% YoY Q1 growth, driven by computing, AI and edge products
Intel announced its earnings under its new financial structuring model as it seeks to establish itself as a leader in AI hardware.
Intel stock slides more than 5% on disappointing Q2 revenue outlook
Shares of Intel (INTC) are lower in after-hours trading on Thursday after the company posted its first-quarter earnings, revealing a revenue of $12.72 billion, a gain of 8.8% year-over-year. Revenue n...
MSFT, GOOGL, WDC, INTC: Earnings Just Released
Microsoft's (MSFT) 3Q adjusted EPS came in at $2.94 versus an estimated $2.81 and revenue came in at $61.90B versus an estimated $60.63B. Alphabet's (GOOGL) 1Q adjusted EPS came in at $1.89 versus an ...
Intel Stock Slides as Weak Guidance Outweighs Earnings Beat
Intel (INTC) stock dropped more than 9% in after-hours trading despite topping revenue and earnings estimates for the first three months of the year after issuing weaker-than-anticipated revenue guida...
Intel shares fall after providing weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.
Intel forecasts second-quarter revenue below estimates
Intel forecast second-quarter revenue and profit below market estimates on Thursday, as it faces weak demand for its traditional data center and personal computer chips amid efforts to build its contr...
Intel Reports First-Quarter 2024 Financial Results
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corp. releases its first-quarter earnings report for fiscal year 2024.
Intel's stock is among the biggest S&P 500 losers this year. Can earnings turn the tide?
Chip-sector investors have been largely focused on artificial-intelligence, but when Intel Corp. reports earnings after Thursday's closing bell, it may be up to other factors to get the stock going.
Intel stock price forecast: death cross nears ahead of earnings
Intel (NASDAQ: INTC) stock price has collapsed recently as the focus shifts to the upcoming financial results. After soaring to the year-to-date high of $51.15, it has entered a deep bear market by co...
What You Need To Know Ahead of Intel's Earnings Report Thursday
Intel (INTC) is set to report first-quarter earnings after the bell Thursday, with investors watching for data center and artificial intelligence (AI) revenue growth at the technology company, along w...
MSFT, GOOGL, INTEL: Expectations for Big Tech Earnings
Stocks are mostly lower with the S&P 500 on track for another losing week. David Waddell discusses this, along with expectations for big tech earnings next week.
Omni Design Technologies Joins Intel Foundry Accelerator IP Alliance
SAN JOSE, Calif.--(BUSINESS WIRE)--Omni Design Technologies, a leading provider of high-performance, low-power mixed-signal intellectual property (IP), today announced it has joined the Intel Foundry ...