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Intel (INTC) Stock Price, News & Analysis

$21.14
+0.37 (+1.78%)
(As of 09/19/2024 ET)

About Intel Stock (NASDAQ:INTC)

Key Stats

Today's Range
$21.03
$21.69
50-Day Range
$18.89
$34.87
52-Week Range
$18.51
$51.28
Volume
99.16 million shs
Average Volume
56.46 million shs
Market Capitalization
$89.99 billion
P/E Ratio
22.02
Dividend Yield
2.37%
Price Target
$32.04
Consensus Rating
Reduce

Company Overview

Intel Corporation is among the world’s leading manufacturers of microchips and microchip-enabled products and services. The company engages in the design, manufacture, and sale of computer products and technologies to original equipment manufacturers, original design manufacturers, and cloud service providers. The company was incorporated in 1968 and is headquartered in Santa Clara, California, and is widely regarded as having put the “silicon” in “Silicon Valley”.

Intel was originally a PC-centric semiconductor company but has branched out over its more than 50-year history. The company is now engaged in global digital transformation and is working to provide end-to-end solutions from the largest digital clouds to the smallest IoT and Edge devices. Specifically, Intel is working to advance AI, 5G connectivity, and the digitization of everything.

The now data-centric company operates through 7 segments and is one of the most diversified publicly-traded chipmakers on the market. The company’s 7 segments are CCG (client computing group), DCG (data center group), IOTG (internet of things group), Mobileye (autonomous driving), NSG (non-volatile memory group), PSG (programable solutions group), and All Other segments.

The company operates 6 wafer fabrication sites and 4 assembly test manufacturing sites to ensure the highest standards of quality. The company’s products evolve on the basis of Moore’s law becoming smaller, faster, and more powerful with each generation.

Intel offers platform products such as central processing units and chipsets, and system-on-chip and multichip packages meant to power computers ranging from tablets to supercomputers. Intel also offers non-platform or peripheral products that include accelerators, circuit boards and systems, connectivity products, graphics cards, and memory and storage products. The company’s specialty divisions also provide high-performance computing solutions for targeted verticals as well as embedded solutions for business, industry, and healthcare.

Intel is central to the growth of data centers and the Cloud. The company once boasted a near-100% market share of cloud-based microchip demand but that figure has slipped over the years due to mounting competition. Intel’s cloud solutions provide workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers.

Among the many technologies that Intel is working to advance are self-driving vehicles. Solutions for assisted and autonomous driving include computing platforms, computer vision, and machine learning-based sensing, mapping, and geolocation. Intel Corporation also has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for improving the search for new drug therapies and applications.

Intel Corporation is committed to corporate responsibility and environmentally sustainable practices. The company seeks to leverage its position to advance not only itself but the industry for the good of mankind.

Intel Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 100th Percentile

Intel scored higher than 100% of companies evaluated by MarketBeat, and ranked 17th out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Intel has received a consensus rating of Reduce. The company's average rating score is 1.87, and is based on 1 buy rating, 24 hold ratings, and 5 sell ratings.

  • Amount of Analyst Coverage

    Intel has been the subject of 23 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Intel's stock forecast and price target.
  • Earnings Growth

    Earnings for Intel are expected to grow in the coming year, from ($0.47) to $0.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Intel is 22.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Intel is 22.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 273.90.

  • Price to Book Value per Share Ratio

    Intel has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Intel's valuation and earnings.
  • Percentage of Shares Shorted

    2.54% of the outstanding shares of Intel have been sold short.
  • Short Interest Ratio / Days to Cover

    Intel has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Intel has recently decreased by 9.61%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Intel pays a meaningful dividend of 2.58%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Intel does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Intel is 52.08%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on EPS estimates, Intel will have a dividend payout ratio of 119.05% in the coming year. This indicates that Intel may not be able to sustain their current dividend.

  • Read more about Intel's dividend.
  • Percentage of Shares Shorted

    2.54% of the outstanding shares of Intel have been sold short.
  • Short Interest Ratio / Days to Cover

    Intel has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Intel has recently decreased by 9.61%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Intel has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 102 news articles for Intel this week, compared to 60 articles on an average week.
  • Search Interest

    Only 365 people have searched for INTC on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.
  • MarketBeat Follows

    Only 72 people have added Intel to their MarketBeat watchlist in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Intel insiders have bought more of their company's stock than they have sold. Specifically, they have bought $252,000.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.04% of the stock of Intel is held by insiders.

  • Percentage Held by Institutions

    64.53% of the stock of Intel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Intel's insider trading history.

INTC Stock News Headlines

Logo visible on smartphone screen with website page — Stock Editorial Photography
Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside (INTC)
Micron stock's discount after BNP Paribas analysts send a warning of potential oversupply affecting the semiconductor industry's profit margins
Assam, india - December 20, 2020 : Intel logo on phone screen stock image. — Stock Editorial Photography
Intel: Why It's Time to Reconsider This Beaten-Down Chipmaker
Intel stock is now at such a low price that some on Wall Street have decided to jump into the stock to forecast massive EPS growth and higher valuations
“Buffett Indicator” Predicts 62% Stock Market Crash
The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.
Micron Technology stock
Micron Technology: 4 Reasons to Buy the 44% Price Dip (INTC)
Memory chip maker Micron Technology Inc. (NASDAQ: MU) was the toast of the town when its stock was trading at $157.41 on June 18, 2024.
Intel headquarters in Silicon Valley, Santa Clara, California, USA - June 10, 2023. Intel Corporation is an American multinational corporation and technology company. — Stock Editorial Photography
3 Undervalued Stocks That Are Too Cheap to Ignore Right Now (INTC)
Three stocks stand out as potential discounts to show investors where the next opportunity could be for the coming quarters, Wall Street analysts agree
See More Headlines

INTC Stock Analysis - Frequently Asked Questions

Intel's stock was trading at $50.25 at the start of the year. Since then, INTC shares have decreased by 57.9% and is now trading at $21.15.
View the best growth stocks for 2024 here
.

Intel Co. (NASDAQ:INTC) posted its earnings results on Thursday, August, 1st. The chip maker reported $0.02 EPS for the quarter, missing the consensus estimate of $0.10 by $0.08. Intel's revenue was down .8% compared to the same quarter last year.
Read the conference call transcript
.

Intel's top institutional shareholders include Primecap Management Co. CA (1.83%), Legal & General Group Plc (0.88%), Van ECK Associates Corp (0.81%) and Bank of New York Mellon Corp (0.80%). Insiders that own company stock include Michelle Johnston Holthaus, Patrick P Gelsinger, David Zinsner, Omar Ishrak, Corp Intel, Frank D Yeary, Gregory M Bryant, Steven Ralph Rodgers and Dion J Weisler.
View institutional ownership trends
.

Shares of INTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Intel investors own include NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), Walt Disney (DIS), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 9/1 Dividend
8/07/2024
Dividend Payable
9/01/2024
Today
9/19/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:INTC
CUSIP
45814010
Employees
124,800
Year Founded
1968

Price Target and Rating

Average Stock Price Target
$32.04
High Stock Price Target
$62.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+54.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.87
Research Coverage
30 Analysts

Profitability

Net Income
$1.69 billion
Pretax Margin
0.02%

Debt

Sales & Book Value

Annual Sales
$55.12 billion
Cash Flow
$2.81 per share
Book Value
$26.01 per share

Miscellaneous

Outstanding Shares
4,257,000,000
Free Float
4,255,297,000
Market Cap
$88.42 billion
Optionable
Optionable
Beta
1.03

Social Links

Should I Buy Intel Stock? INTC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 9, 2024. Please send any questions or comments about these Intel pros and cons to contact@marketbeat.com.

Intel
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Intel Co.:

  • Intel Co.'s current stock price is at an attractive level, providing a potential entry point for investors looking for value.
  • Intel Co. has a dividend yield of 2.61%, offering investors a source of passive income.
  • Recent insider buying activity, such as CEO Patrick P. Gelsinger acquiring shares, can signal confidence in the company's future prospects.
  • Intel Co.'s dividend payout ratio (DPR) of 52.08% indicates a sustainable dividend policy and commitment to returning value to shareholders.
  • Intel Co.'s diverse product portfolio across computing, data center, AI, and other segments provides exposure to multiple growing markets.

Intel
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Intel Co. for these reasons:

  • Intel Co. has received multiple downgrades from Wall Street analysts, indicating concerns about the company's performance and outlook.
  • The average rating for Intel Co. is "Hold" with a target price below the current level, suggesting limited upside potential according to analysts.
  • Intel Co.'s recent earnings report showed a miss on EPS and revenue, reflecting challenges in the competitive landscape and potential impact on future profitability.
  • The stock price of Intel Co. has experienced significant volatility, with a 1-year high of $51.28 and a 1-year low of $18.64, indicating uncertainty in the market's perception of the company.
  • Intel Co. faces increasing competition in the semiconductor industry, which could impact its market share and profitability in the long term.

This page (NASDAQ:INTC) was last updated on 9/19/2024 by MarketBeat.com Staff
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