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Intel (INTC) Stock Price, News & Analysis

$30.63
-0.35 (-1.13%)
(As of 06/18/2024 ET)
Today's Range
$30.50
$31.47
50-Day Range
$29.85
$37.63
52-Week Range
$29.73
$51.28
Volume
33.06 million shs
Average Volume
47.01 million shs
Market Capitalization
$130.39 billion
P/E Ratio
31.91
Dividend Yield
1.63%
Price Target
$39.58

Intel MarketRank™ Stock Analysis

Analyst Rating
Hold
2.07 Rating Score
Upside/​Downside
29.2% Upside
$39.58 Price Target
Short Interest
Healthy
2.19% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.07
Upright™ Environmental Score
News Sentiment
0.50mentions of Intel in the last 14 days
Based on 66 Articles This Week
Insider Trading
Acquiring Shares
$249,869 Bought Last Quarter
Proj. Earnings Growth
866.67%
From $0.09 to $0.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Computer And Technology Sector

7th out of 585 stocks

Semiconductors & Related Devices Industry

2nd out of 86 stocks

INTC stock logo

About Intel Stock (NASDAQ:INTC)

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.

INTC Stock Price History

INTC Stock News Headlines

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Why Taiwan Semiconductor's Stock Prices Hit Record Highs (INTC)
Taiwan Semiconductor stock is now posing new ways to give investors a new rally, backed by fundamental developments and double-digit upside with analyst views
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Intel's Secret Plan for a Double-Digit Stock Rally Revealed
Over the past 2 years, markets have lent the lion's share of their attention to technology stocks, particularly those exposed to the rising trends in artificial intelligence and semiconductor manufacturing. However, over the past few quarters, markets have given stocks like Nvidia Co. NASDAQ: NVDA an unfair amount of attention over peers like Advanced Micro Devices Inc. NASDAQ: AMD and others.
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Intel's Secret Plan for a Double-Digit Stock Rally Revealed (INTC)
Intel stock has a secret plan to justify a double-digit rally in the next few months, and it is all driven by a deep value real estate play today
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Intel: It's Time To Deliver
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 6/1 Dividend
5/06/2024
Dividend Payable
6/01/2024
Today
6/18/2024
Next Earnings (Estimated)
7/25/2024
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
$39.58
High Stock Price Target
$62.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+29.2%
Consensus Rating
Hold
Rating Score (0-4)
2.07
Research Coverage
30 Analysts

Profitability

Net Income
$1.69 billion
Pretax Margin
2.17%

Debt

Sales & Book Value

Annual Sales
$54.23 billion
Cash Flow
$2.67 per share
Book Value
$26.01 per share

Miscellaneous

Outstanding Shares
4,257,000,000
Free Float
4,255,297,000
Market Cap
$130.39 billion
Optionable
Optionable
Beta
1.06

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Key Executives

Should I Buy Intel Stock? INTC Pros and Cons Explained

Pros

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

  • Intel's current stock price is relatively stable, providing a consistent investment option for those seeking steady returns.
  • Intel's dividend yield of 1.61% offers investors a source of passive income, which can be attractive for those looking for dividend-paying stocks.
  • Intel's diversified product portfolio, including CPUs, chipsets, SoCs, GPUs, and FPGAs, provides exposure to various segments of the technology market, potentially reducing risk through diversification.
  • Recent insider transactions, such as CEO Patrick P. Gelsinger's significant share purchases, can signal confidence in the company's future performance, which may be viewed positively by investors.
  • Institutional investors and hedge funds owning a significant portion of Intel's stock (64.53%) can indicate institutional confidence in the company's long-term prospects, potentially providing stability to the stock.

Cons

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

  • Intel's dividend payout ratio of 52.08% indicates that more than half of the company's earnings are being distributed as dividends, potentially limiting reinvestment opportunities for future growth.
  • Competition in the semiconductor industry is intense, with rivals constantly innovating and introducing new products, posing a challenge to Intel's market position and profitability.
  • Intel's recent struggles with manufacturing delays and supply chain issues have impacted its ability to meet demand, potentially leading to revenue losses and market share erosion.
  • The company's reliance on legacy products like CPUs may hinder its ability to adapt to changing market trends and emerging technologies, risking potential obsolescence in the long run.
  • Intel's stock performance may be influenced by macroeconomic factors, industry cyclicality, and geopolitical events, introducing volatility and uncertainty for investors.
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 Saturday, June 8, 2024. Please send any questions or comments about these Intel pros and cons to contact@marketbeat.com.

INTC Stock Analysis - Frequently Asked Questions

Should I buy or sell Intel stock right now?

30 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intel in the last twelve months. There are currently 3 sell ratings, 22 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" INTC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INTC, but not buy additional shares or sell existing shares.
View INTC analyst ratings
or view top-rated stocks.

What is Intel's stock price target for 2024?

30 brokers have issued 12 month price targets for Intel's stock. Their INTC share price targets range from $17.00 to $62.00. On average, they predict the company's share price to reach $39.58 in the next year. This suggests a possible upside of 29.2% from the stock's current price.
View analysts price targets for INTC
or view top-rated stocks among Wall Street analysts.

How have INTC shares performed in 2024?

Intel's stock was trading at $50.25 at the beginning of 2024. Since then, INTC stock has decreased by 39.0% and is now trading at $30.63.
View the best growth stocks for 2024 here
.

When is Intel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our INTC earnings forecast
.

How were Intel's earnings last quarter?

Intel Co. (NASDAQ:INTC) announced its quarterly earnings results on Thursday, April, 25th. The chip maker reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by $0.03. The chip maker earned $12.72 billion during the quarter, compared to analysts' expectations of $12.76 billion. Intel had a net margin of 7.36% and a trailing twelve-month return on equity of 2.19%.

How often does Intel pay dividends? What is the dividend yield for Intel?

Intel announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Tuesday, May 7th will be paid a dividend of $0.125 per share on Saturday, June 1st. This represents a $0.50 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Monday, May 6th.
Read our dividend analysis for INTC
.

Is Intel a good dividend stock?

Intel (NASDAQ:INTC) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.64%. The dividend payout ratio is 52.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INTC will have a dividend payout ratio of 57.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INTC.

What guidance has Intel issued on next quarter's earnings?

Intel updated its second quarter 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of 0.100-0.100 for the period, compared to the consensus estimate of 0.240. The company issued revenue guidance of $12.5 billion-$13.5 billion, compared to the consensus revenue estimate of $12.7 billion.

What is Bob Swan's approval rating as Intel's CEO?

1,609 employees have rated Intel Chief Executive Officer Bob Swan on Glassdoor.com. Bob Swan has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Intel own?

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), Walt Disney (DIS), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Alibaba Group (BABA) and Johnson & Johnson (JNJ).

Who are Intel's major shareholders?

Intel's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.14%), Capital International Investors (2.63%), Price T Rowe Associates Inc. MD (0.94%), Bank of New York Mellon Corp (0.85%), Capital Research Global Investors (0.82%) and Clearbridge Investments LLC (0.51%). Insiders that own company stock include Corp Intel, David Zinsner, Dion J Weisler, Frank D Yeary, Gregory M Bryant, Lip Bu Tan, Michelle Johnston Holthaus, Omar Ishrak, Patrick P Gelsinger and Steven Ralph Rodgers.
View institutional ownership trends
.

How do I buy shares of Intel?

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.

This page (NASDAQ:INTC) was last updated on 6/18/2024 by MarketBeat.com Staff

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