Intel Stock Forecast, Price & News

Intel's stock was trading at $51.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, INTC shares have decreased by 4.1% and is now trading at $49.56.
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41 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intel in the last year. There are currently 9 sell ratings, 17 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Intel is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Intel.

Intel Co. (NASDAQ:INTC) announced its earnings results on Thursday, October, 22nd. The chip maker reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.01. The chip maker earned $18.33 billion during the quarter, compared to analyst estimates of $18.26 billion. Intel had a net margin of 28.10% and a return on equity of 29.44%. The company's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.42 EPS.
View Intel's earnings history.

Intel declared a quarterly dividend on Friday, September 18th. Shareholders of record on Saturday, November 7th will be given a dividend of $0.33 per share on Tuesday, December 1st. This represents a $1.32 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Friday, November 6th.
View Intel's dividend history.

Intel announced that its Board of Directors has initiated a stock buyback plan on Thursday, October 24th 2019, which permits the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 8.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

Intel updated its fourth quarter earnings guidance on Thursday, October, 22nd. The company provided earnings per share guidance of approx $1.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.08. The company issued revenue guidance of approx $17.40 billion, compared to the consensus revenue estimate of $17.39 billion.

41 brokerages have issued twelve-month target prices for Intel's shares. Their forecasts range from $38.00 to $85.00. On average, they anticipate Intel's share price to reach $57.83 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts' price targets for Intel.

Intel saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 73,180,000 shares, a decrease of 15.4% from the October 31st total of 86,540,000 shares. Based on an average daily trading volume, of 33,500,000 shares, the short-interest ratio is currently 2.2 days. Currently, 1.8% of the company's shares are sold short.
View Intel's Short Interest.

Some companies that are related to Intel include NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR), Inphi (IPHI) and Lattice Semiconductor (LSCC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Intel investors own include NVIDIA (NVDA), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), The Walt Disney (DIS), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Alibaba Group (BABA) and Johnson & Johnson (JNJ).

Intel trades on the NASDAQ under the ticker symbol "INTC."

Intel's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.82%), State Street Corp (4.54%), Morgan Stanley (0.70%), Fisher Asset Management LLC (0.69%), Nuveen Asset Management LLC (0.66%) and Charles Schwab Investment Management Inc. (0.61%). Company insiders that own Intel stock include Alyssa Henry, Andy D Bryant, Frank D Yeary, George S Davis, James J Goetz, Jennifer Balliet, Kevin Thomas Mcbride, Navin Shenoy, Reed E Hundt, Robert Holmes Swan, Steven Ralph Rodgers and Venkata S M Renduchintala.
View institutional ownership trends for Intel.

INTC stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AJO LP, State Street Corp, Arrowstreet Capital Limited Partnership, Platinum Investment Management Ltd., Assenagon Asset Management S.A., Lord Abbett & CO. LLC, and TD Asset Management Inc.. Company insiders that have sold Intel company stock in the last year include Andy D Bryant, Frank D Yeary, Kevin Thomas Mcbride, Navin Shenoy, Steven Ralph Rodgers, and Venkata S M Renduchintala.
View insider buying and selling activity for Intel.

INTC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Morgan Stanley, Massachusetts Financial Services Co. MA, UBS Asset Management Americas Inc., Nisa Investment Advisors LLC, Ossiam, and Birch Hill Investment Advisors LLC. Company insiders that have bought Intel stock in the last two years include Alyssa Henry, George S Davis, James J Goetz, and Robert Holmes Swan.
View insider buying and selling activity for Intel.

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

One share of INTC stock can currently be purchased for approximately $49.56.

Intel has a market capitalization of $203.10 billion and generates $71.97 billion in revenue each year. The chip maker earns $21.05 billion in net income (profit) each year or $4.87 on an earnings per share basis. Intel employs 110,800 workers across the globe.

The official website for Intel is www.intel.com.

Intel's mailing address is 2200 MISSION COLLEGE BLVD, SANTA CLARA CA, 95054. The chip maker can be reached via phone at 408-765-8080.