- Intel expands its manufacturing capabilities with new partnerships at the Foundry Connect event.
- Analyst consensus holds a mixed outlook on Intel's stock, with an average target price suggesting moderate growth.
- GuruFocus valuations indicate a notable upside potential for Intel's stock based on historical and projected performance metrics.
Intel Corp. (NASDAQ: INTC) has made significant strides in its manufacturing business, as showcased at the recent Foundry Connect event. The company is set to collaborate with several customers to develop test chips utilizing its upcoming 14A process, leveraging the latest ASML lithography technology. Furthermore, Intel has announced plans for high-volume production of its advanced 18A process at its facilities in Oregon and Arizona.
Wall Street Analysts' Outlook
The sentiment on Wall Street presents a diverse perspective for Intel Corp. (INTC, Financial) over the next year. Data compiled from 30 financial analysts reveals an average target price of $21.75, with the most optimistic projections reaching $31.00 and the more conservative pegged at $14.00. This average indicates a potential upside of 5.78% from the current trading price of $20.56. Investors seeking more granular data can refer to the Intel Corp (INTC) Forecast page.
A consensus recommendation from 46 brokerage firms gives Intel Corp. (INTC, Financial) an average brokerage recommendation of 3.1, aligning with a "Hold" status. This rating utilizes a scale from 1 to 5, with 1 corresponding to a Strong Buy and 5 denoting a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, Intel Corp. (INTC, Financial) has a projected GF Value of $25.18 over the upcoming year, which implies a promising potential increase of 22.47% from its current price point of $20.56. This GF Value represents an evaluation of the stock's fair market worth, derived from historical trading multiples along with past business growth and future performance forecasts. Interested investors can access further insights on the Intel Corp (INTC) Summary page.
