Intel (INTC, Financial) has caught the attention of investors with a surge in bullish options trading. The company witnessed a total of 75,680 call options being traded, surpassing typical activity by 1.4 times. This spike in interest has led to an increase in implied volatility, which rose by nearly 4 points to reach 51.77%.
Among the options, the 6/27 weekly 22 calls and 6/27 weekly 22.5 calls have been the most actively traded, with close to 12,500 contracts exchanged. The Put/Call Ratio for Intel stands at a low 0.32, indicating a strong bullish sentiment among traders. Investors are also looking forward to the company's upcoming earnings announcement, scheduled for July 31st.
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 $21.20 with a high estimate of $28.30 and a low estimate of $14.00. The average target implies an downside of 3.53% from the current price of $21.98. 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 $23.76, suggesting a upside of 8.09% from the current price of $21.9815. 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.
