Intel (INTC, Financial) is contemplating the sale of its network and edge divisions as part of a strategic overhaul under its new CEO. This move aligns with CEO Lip-Bu Tan’s plan to concentrate efforts on the company's core competencies, particularly in PC and data center chips, which have been consistently successful. The potential divestment reflects a desire to refine Intel's focus and enhance its competitive edge in areas critical to its growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Intel Corp (INTC, Financial) is $21.26 with a high estimate of $28.30 and a low estimate of $14.00. The average target implies an downside of 0.56% from the current price of $21.38. More detailed estimate data can be found on the Intel Corp (INTC) Forecast page.
Based on the consensus recommendation from 47 brokerage firms, Intel Corp's (INTC, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Intel Corp (INTC, Financial) in one year is $23.65, suggesting a upside of 10.62% from the current price of $21.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Intel Corp (INTC) Summary page.
