Key Insights:
- Citi analysts question the viability of Intel's joint venture with TSMC, recommending a focus shift back to core operations.
- Intel's stock sees a 7% increase despite Citi's maintained neutral outlook.
- Wall Street's consensus suggests a modest potential upside for Intel, with a range of target prices and GF Value estimates.
Citi analysts express skepticism regarding a proposed partnership between Intel (INTC, Financial) and Taiwan Semiconductor Manufacturing Company (TSMC), emphasizing significant operational disparities that could hinder the collaboration's success. They advocate for Intel to reconsider its foundry strategy and redirect efforts towards strengthening its core chip manufacturing business. Despite the buzz around the joint venture news sparking a 7% rise in Intel's stock, Citi upholds its neutral stance.
Wall Street Analysts' Outlook
The consensus among 32 analysts predicts an average one-year price target of $22.86 for Intel Corp (INTC, Financial), with optimistic projections reaching $31.00 and more conservative estimates as low as $17.70. This average target hints at a potential upside of 11.62% from the current price point of $20.48. For further insights, visit the Intel Corp (INTC) Forecast page.
Reflecting on the recommendations from 46 brokerage firms, Intel Corp (INTC, Financial) carries an average brokerage recommendation of 3.0, aligning with a "Hold" status. Ratings are on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
According to GuruFocus estimates, the calculated GF Value for Intel Corp (INTC, Financial) over the next year stands at $27.14, suggesting a significant upside potential of 32.52% from the last recorded price of $20.48. The GF Value is a proprietary GuruFocus metric that evaluates the stock's fair trading value, taking into account historical trading multiples, past growth, and future business performance projections. More comprehensive data can be accessed on the Intel Corp (INTC) Summary page.
