- Intel (INTC, Financial) is strategizing changes in its 18A chip-making technology to potentially attract larger clients.
- Analysts forecast an average target price of $21.20, with a consensus "Hold" recommendation for Intel.
- GuruFocus suggests Intel's GF Value indicates a potential upside of 7.96% in one year.
Intel (INTC) shares experienced a 0.8% dip in premarket trading as the company's strategic evaluation of its cutting-edge 18A chip-making technology is underway. CEO Pat Gelsinger is considering pausing marketing efforts to new clients to focus on securing larger customers. A resolution from the board is expected by year-end.
Wall Street Analysts' Forecast for Intel
Drawing from insights provided by 32 analysts, the average price target for Intel Corp (INTC, Financial) is projected at $21.20, with forecasts ranging from a high of $28.30 to a low of $14.00. This average price target suggests a potential downside of 4.05% from the current trading price of $22.10. Investors can explore comprehensive estimate data on the Intel Corp (INTC) Forecast page.
Brokerage Recommendations
The consensus from 46 brokerage firms positions Intel Corp (INTC, Financial) with an average recommendation of 3.1, which corresponds to a "Hold" status on a scale where 1 signifies "Strong Buy" and 5 indicates "Sell."
Evaluating the GF Value for Intel
According to estimates by GuruFocus, the one-year GF Value for Intel Corp (INTC, Financial) stands at $23.86, indicating a potential upside of 7.96% from the current market price of $22.0999. The GF Value is a unique metric by GuruFocus, estimating the fair value for a stock, taking into account its historical trading multiples, past business growth, and future performance projections. In-depth data on Intel's valuation is accessible on the Intel Corp (INTC) Summary page.