Intel (INTC, Financial) is collaborating with SoftBank to establish a new venture named Saimemory, focusing on the development of advanced stacked DRAM memory chips for artificial intelligence applications. According to recent reports, these chips are set to operate with 50% less power compared to existing high-bandwidth memory solutions and are expected to be available within two years.
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 9.02% from the current price of $19.55. 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 $23.75, suggesting a upside of 21.48% from the current price of $19.55. 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.
