A jury at the U.S. District Court for the Western District of Texas has ruled that Intel's (INTC, Financial) 2012 licensing agreement with Finjan includes the patents held by VLSI. These companies are connected through their shared oversight by asset management firm Fortress Investment. This ruling could potentially relieve Intel from over $3 billion in patent-infringement penalties in a protracted legal battle.
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 5.86% from the current price of $20.14. 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 17.46% from the current price of $20.135. 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.
