Intel (INTC) Expected to Announce Quarterly Earnings on Thursday

Intel (NASDAQ:INTC - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, April 24th. Analysts expect the company to announce 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.Investors interested in registering for 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 for the quarter, missing analysts' consensus estimates 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 %

Shares of INTC stock traded down $0.30 during mid-day trading on Friday, reaching $18.93. 85,400,923 shares of the company were exchanged, compared to its average volume of 78,688,066. The company has a market capitalization of $82.55 billion, a P/E ratio of -4.32 and a beta of 1.13. The business's 50 day simple moving average is $22.34 and its 200 day simple moving average is $21.95. 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 fifty-two week low of $17.67 and a fifty-two week high of $37.16.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on INTC shares. Cantor Fitzgerald upped their target price on shares of Intel from $22.00 to $29.00 and gave the company a "neutral" rating in a research note on Tuesday, February 18th. Benchmark reaffirmed a "hold" rating on shares of Intel in a report on Friday, January 31st. Wells Fargo & Company lowered their price target on Intel from $28.00 to $25.00 and set an "equal weight" rating for the company in a report on Friday, January 31st. Stifel Nicolaus decreased their price objective on shares of Intel from $25.00 to $21.00 and set a "hold" rating for the company in a report on Friday, January 31st. Finally, UBS Group lowered their target price on shares of Intel from $23.00 to $22.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Four equities research analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Intel presently has a consensus rating of "Hold" and a consensus price target of $25.38.

About Intel

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.