How Do Intel Corp. (NASDAQ:INTC)’s Fundamentals Affect Performance

The price of Intel Corp. (NASDAQ:INTC) shares last traded on Wall Street rose 2.12% to $44.74.

Based on available information, 42 analysts follow Intel Corp. (NASDAQ:INTC). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $56.00 and a low of $17.00, we find $38.00. Given the previous closing price of $43.81, this indicates a potential downside of -13.26 percent. INTC stock price is now 21.87% away from the 50-day moving average and 36.62% away from the 200-day moving average. The market capitalization of the company currently stands at $188.62B.

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Among analysts, 26 rate the stock a hold while 7 rate it a buy. Brokers who have rated the stock have averaged $37.74 as their price target over the next twelve months.

With the price target enhanced from $37 to $50, Mizuho Upgraded its rating from Neutral to Buy for Intel Corp. (NASDAQ: INTC).

In other news, GELSINGER PATRICK P, CEO bought 6,775 shares of the company’s stock on Nov 01. The stock was bought for $249,333 at an average price of $36.80. Upon completion of the transaction, the CEO now directly owns 25,475 shares in the company, valued at $1.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 21, EVP & GM, CCG Holthaus Michelle Johnston sold 1 shares of the business’s stock. A total of $32 was realized by selling the stock at an average price of $32.41. This leaves the insider owning 193,955 shares of the company worth $8.68 million. Insiders disposed of 238,776 shares of company stock worth roughly $10.68 million over the past 1 year. A total of 0.05% of the company’s stock is owned by insiders.

During the past 12 months, Intel Corp. has had a low of $24.73 and a high of $43.81. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 1.53, and a quick ratio of 1.13. The fifty day moving average price for INTC is $36.71 and a two-hundred day moving average price translates $32.75 for the stock.

The latest earnings results from Intel Corp. (NASDAQ: INTC) was released for Sep, 2023. According to the Semiconductors Company, earnings per share came in at $0.41, beating analysts’ expectations of $0.22 by 0.19. This compares to $0.25 EPS in the same period last year. The net profit margin was -3.11% and return on equity was -1.63% for INTC. The company reported revenue of $14.16 billion for the quarter, compared to $15.34 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.69 percent. For the current quarter, analysts expect INTC to generate $13.88B in revenue.

Intel Corp.(INTC) Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, Accelerated Computing Systems and Graphics, Intel Foundry Services, and Other segments. The company offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and accelerators, boards and systems, connectivity products, and memory and storage products. It also provides high-performance computer solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, the company offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. It serves original equipment manufacturers, original design manufacturers, cloud service providers, and other equipment manufacturers. The company has a strategic partnership with Synopsys, Inc. to develop EDA and IP solutions and a collaboration with Red Hat to. deliver open source industrial automation to the manufacturing shop floor. The company The company was incorporated in 1968 and is headquartered in Santa Clara, California.

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