Intel (INTC) Spins Off AI Robotics Unit with $50 Million Funding

Article's Main Image

Key Takeaways:

  • Intel spins off RealSense in a $50 million Series A funding to boost AI robotics.
  • Wall Street sets a mixed outlook with a one-year price target ranging from $14.00 to $28.30.
  • Intel's GF Value indicates a slight potential upside of 1.49%.

Intel (INTC, Financial) is propelling forward in its AI robotics quest by spinning off its RealSense division through a significant $50 million Series A funding round. Orchestrated by Nadav Orbach, this strategic pivot is poised to accelerate product innovation in alignment with the burgeoning market demand.

Wall Street Analysts' Insights

1943733348958629888.png

In the latest analysis from 32 Wall Street experts, Intel Corp's (INTC, Financial) average price target is $21.33, with predictions stretching from a high of $28.30 to a low of $14.00. This average target suggests a downside of 9.27% from today's market price of $23.51. For comprehensive estimate details, visit the Intel Corp (INTC) Forecast page.

The consensus rating from 46 brokerages currently categorizes Intel Corp (INTC, Financial) with an average recommendation of 3.1, aligning with a "Hold" position. The rating spectrum ranges from 1 (Strong Buy) to 5 (Sell), indicating varied perspectives on Intel's market standing.

Intel's GF Value Estimation

According to GuruFocus calculations, Intel Corp's (INTC, Financial) GF Value is projected at $23.86 over the next year, hinting at a modest upside of 1.49% from the current share price of $23.5099. The GF Value symbolically represents the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance forecasts. Delve deeper into Intel’s evaluations on the Intel Corp (INTC) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.