- Intel has completed the spinout of RealSense, securing $50 million to expand its reach in autonomous robotics and AI solutions.
- Analyst consensus indicates a "Hold" status for Intel, with an average target price below the current market value.
- Intel's GF Value suggests a slight potential upside, reinforcing its current market standing.
Intel Corp. (INTC, Financial) has successfully executed the spinout of RealSense, a company renowned for its cutting-edge depth cameras designed for the robotics sector. This strategic move was bolstered by a substantial $50 million Series A funding round, aiming to significantly broaden its influence in the sphere of autonomous robotics and AI-powered solutions. Notably, the round garnered support from leading entities such as Intel Capital and the MediaTek Innovation Fund, highlighting the venture's promising potential in the tech industry.
Wall Street Analysts Forecast
According to a survey of 32 analysts, Intel Corp. (INTC, Financial) has an average one-year price target of $21.33. With estimates ranging from a high of $28.30 to a low of $14.00, this average target suggests a potential downside of 10.45% from the current market price of $23.82. For more comprehensive insight, investors can explore the Intel Corp (INTC) Forecast page.
The sentiment among 46 brokerage firms places Intel Corp. (INTC, Financial) at an average recommendation rating of 3.1, indicating a "Hold" status. This rating falls within a scale where 1 represents a Strong Buy and 5 indicates a Sell, providing a nuanced perspective on the stock's current market position.
From a valuation standpoint, GuruFocus provides an estimated GF Value for Intel Corp. (INTC, Financial) at $23.86 over the coming year, suggesting a marginal upside of 0.17% from its present trading price of $23.82. The GF Value represents GuruFocus' estimation of the stock's fair trading value, calculated using historical trading multiples, past growth rates, and future business performance projections. For a deeper dive into Intel's valuation, additional details are available on the Intel Corp (INTC) Summary page.
