- Intel Corp (INTC, Financial) is in talks with TSMC about a potential joint venture for its foundry operations.
- Analysts' average price target suggests a modest upside while the GF Value indicates a greater potential gain.
- Current analyst consensus for Intel is a "Hold" recommendation.
Intel Corp (INTC) is engaging in significant discussions with Taiwan Semiconductor Manufacturing (TSMC) to explore a joint venture aimed at enhancing Intel’s foundry operations. As part of this potential collaboration, TSMC may take a 20% stake, leveraging its renowned expertise in the chipmaking industry. However, the initiative is not without its challenges, as some Intel executives have expressed reservations. While negotiations are ongoing, no definitive agreement has been reached yet.
Wall Street Analysts' Forecasts
According to insights from 32 Wall Street analysts, the average price target for Intel Corp (INTC, Financial) over the next year stands at $22.86. This projection spans a high estimate of $31.00 and a low estimate of $17.70, suggesting a potential upside of 1.92% from the current trading price of $22.43. For a comprehensive look at these estimates, visit the Intel Corp (INTC) Forecast page.
Analyst consensus from 46 brokerage firms currently positions Intel Corp (INTC, Financial) with an average recommendation of 3.0, aligning with a "Hold" status. This recommendation scale ranges from 1 (Strong Buy) to 5 (Sell), providing investors a clear metric for their decision-making process.
Assessing Intel's Valuation: GF Value Perspective
In terms of valuation, GuruFocus estimates that the GF Value for Intel Corp (INTC, Financial) one year out is $27.14, suggesting a substantial upside potential of 21% from the current price of $22.43. The GF Value represents GuruFocus' appraisal of what Intel's fair trading value should be, based on historical trading multiples, past business growth, and projected future performance. Further insights and detailed data are accessible on the Intel Corp (INTC) Summary page.
