- Intel plans to divest a 51% stake in Altera to Silver Lake by 2025.
- Analysts project a potential 12.47% upside for Intel, with a consensus "Hold" rating.
- GuruFocus estimates a 33.48% upside in Intel's stock based on GF Value.
Intel Corporation (NASDAQ: INTC) has announced a strategic decision to sell a 51% stake in its subsidiary, Altera, to the renowned investment firm Silver Lake. The transaction values Altera at a remarkable $8.75 billion and is expected to reach completion by 2025. This move allows Intel to streamline its operations and refocus resources on its core business areas, all while retaining a significant 49% interest in Altera.
Wall Street Analysts' Insights and Projections
According to the latest data from 32 analysts, the average one-year price target for Intel Corp (INTC, Financial) is calculated at $22.86. This forecast includes a high target of $31.00 and a low of $17.70, collectively indicating an anticipated upside of approximately 12.47% from Intel's current stock price of $20.33. For more detailed insights and estimates, you can visit the Intel Corp (INTC) Forecast page.
The consensus from 46 brokerage firms places Intel Corp (INTC, Financial) at a current average brokerage recommendation of 3.0, which corresponds to a "Hold" rating. This recommendation is derived from a scale ranging from 1 to 5, with 1 suggesting a "Strong Buy" and 5 indicating a "Sell."
GuruFocus's GF Value Estimation
GuruFocus has projected the estimated GF Value for Intel Corp (INTC, Financial) to be $27.13 within the next year, implying a significant upside potential of 33.48% from the current price of $20.325. The GF Value is GuruFocus' assessment of the stock's fair value, determined through analysis of historical trading multiples, past business growth, and projections of future performance. For an in-depth look into these calculations, visit the Intel Corp (INTC) Summary page.
