Intel Corporation (INTC)
NASDAQ: INTC · IEX Real-Time Price · USD
31.07
+0.23 (0.75%)
At close: Jul 2, 2024, 4:00 PM
31.06
-0.01 (-0.03%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Intel Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Intel stock have an average target of 40.26, with a low estimate of 17 and a high estimate of 66. The average target predicts an increase of 29.58% from the current stock price of 31.07.
Analyst Consensus: Hold
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for Intel stock from 32 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 21 | 21 | 21 | 23 | 24 | 24 |
| Sell | 3 | 3 | 3 | 2 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 31 | 31 | 31 | 32 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | May 16, 2024 |
| Jefferies | Jefferies | Hold Initiates $42 → $34 | Hold | Initiates | $42 → $34 | +9.43% | May 13, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $34 → $30 | Strong Sell | Maintains | $34 → $30 | -3.44% | May 9, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $43 → $38 | Hold | Maintains | $43 → $38 | +22.30% | Apr 26, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $42 → $35 | Hold | Maintains | $42 → $35 | +12.65% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
56.92B
from 54.23B
Increased by 4.96%
Revenue Next Year
63.89B
from 56.92B
Increased by 12.25%
EPS This Year
1.12
from 0.40
Increased by 179.31%
EPS Next Year
1.99
from 1.12
Increased by 77.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 60.0B | 71.6B | 81.5B | 82.3B | 91.9B |
| Avg | 56.9B | 63.9B | 69.7B | 74.6B | 89.2B |
| Low | 52.6B | 56.7B | 60.8B | 65.3B | 85.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7% | 25.9% | 27.6% | 18.1% | 23.2% |
| Avg | 5.0% | 12.2% | 9.1% | 7.0% | 19.6% |
| Low | -3.1% | -0.4% | -4.9% | -6.3% | 14.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.46 | 3.31 | 3.45 | 3.66 | 4.77 |
| Avg | 1.12 | 1.99 | 2.64 | 3.24 | 4.63 |
| Low | 0.63 | 1.18 | 1.91 | 2.81 | 4.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 264.9% | 196.0% | 74.0% | 38.6% | 47.0% |
| Avg | 179.3% | 77.7% | 33.2% | 22.7% | 42.8% |
| Low | 56.8% | 5.3% | -3.7% | 6.4% | 37.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.