Key Takeaways:
- Intel's upcoming earnings report could show a revenue decline, raising questions about its strategic direction under new leadership.
- Wall Street analysts forecast a potential price target with moderate upside, reflecting cautious optimism.
- The GF Value suggests a notable upside, indicating potential undervaluation at current levels.
Intel Corp (INTC, Financial) is gearing up to release its first-quarter earnings report. The market expects the tech giant to break even, despite a projected revenue decline of 3% year-over-year, bringing it to $12.31 billion. This report arrives amidst significant strategic changes under the guidance of new CEO, Lip-Bu Tan, including Intel's decision to divest a majority stake in its Altera unit.
Wall Street Analysts' Forecast
According to one-year price targets from 31 analysts, the average target price for Intel Corp (INTC, Financial) stands at $22.18. Analysts project a potential high of $31.00 and a low of $17.70. This average target reflects an upside of 5.38% from the current trading price of $21.05. Investors can explore more detailed forecast data on the Intel Corp (INTC) Forecast page.
Brokerage Firm Recommendations
A consensus from 46 brokerage firms gives Intel Corp (INTC, Financial) an average recommendation of 3.0, indicating a "Hold" status. This rating operates on a scale from 1 to 5, where 1 symbolizes a Strong Buy, and 5 represents a Sell.
Evaluating GF Value
GuruFocus estimates indicate that the GF Value for Intel Corp (INTC, Financial) over the next year is projected at $26.96. This suggests a significant upside of 28.11% from the current price of $21.045. The GF Value reflects the fair value at which the stock should ideally trade, calculated from historical trading multiples as well as past and projected business growth metrics. For further insights, the detailed data is accessible on the Intel Corp (INTC) Summary page.
