Intel (INTC) Expected to Announce Quarterly Earnings on Thursday

Intel (NASDAQ:INTC - Get Free Report) is projected to post its quarterly earnings results after the market closes on Thursday, April 24th. Analysts expect Intel to post earnings of $0.00 per share and revenue of $12.26 billion for the quarter. Intel has set its Q1 2025 guidance at 0.000-0.000 EPS.Parties that are interested in participating in the company's conference call can do so using this link.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. On average, analysts expect Intel to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Intel Stock Down 1.6 %

NASDAQ INTC traded down $0.30 during trading hours on Friday, reaching $18.93. 85,400,923 shares of the company's stock were exchanged, compared to its average volume of 78,465,072. The company has a market capitalization of $82.55 billion, a price-to-earnings ratio of -4.32 and a beta of 1.13. The company's 50-day moving average is $22.38 and its two-hundred day moving average is $21.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. Intel has a one year low of $17.67 and a one year high of $37.16.

Analysts Set New Price Targets

Several brokerages recently issued reports on INTC. Wells Fargo & Company cut their target price on shares of Intel from $28.00 to $25.00 and set an "equal weight" rating for the company in a research note on Friday, January 31st. Bank of America raised Intel from an "underperform" rating to a "neutral" rating and raised their price target for the company from $19.00 to $25.00 in a report on Thursday, March 13th. Mizuho reduced their target price on shares of Intel from $23.00 to $21.00 and set a "neutral" rating for the company in a report on Friday, January 10th. Susquehanna cut their price objective on shares of Intel from $24.00 to $22.00 and set a "neutral" rating for the company in a research report on Wednesday. Finally, Citigroup dropped their price objective on Intel from $22.00 to $21.00 and set a "neutral" rating for the company in a report on Tuesday, January 21st. Four equities research analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $25.38.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.