Intel (INTC, Financial) is experiencing a wave of cautious sentiment among option traders, with its stock dipping by $0.50 to approximately $20.05. The trading activity sees about 310,000 contracts exchanged, aligning closely with the typical daily volume, as calls continue to outpace puts, resulting in a put/call ratio of 0.64. This figure contrasts with the typical ratio closer to 0.48, indicating a shift in sentiment.
The implied volatility (IV30) for Intel has risen by 2.3 points, settling around 45.35, which remains below the median for the year. This increase suggests an anticipated daily price movement of $0.57. Additionally, the put-call skew has become more pronounced, reflecting a stronger demand for protective put options among traders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 32 analysts, the average target price for Intel Corp (INTC, Financial) is $21.31 with a high estimate of $28.30 and a low estimate of $14.00. The average target implies an upside of 6.30% from the current price of $20.05. 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 17.96% from the current price of $20.05. 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.
