Intel Corporation (INTC)
| Market Cap | 136.46B |
| Revenue (ttm) | 55.24B |
| Net Income (ttm) | 4.07B |
| Shares Out | 4.26B |
| EPS (ttm) | 0.96 |
| PE Ratio | 33.36 |
| Forward PE | 19.33 |
| Dividend | $0.50 (1.56%) |
| Ex-Dividend Date | May 6, 2024 |
| Volume | 36,955,062 |
| Open | 31.63 |
| Previous Close | 31.27 |
| Day's Range | 31.52 - 32.26 |
| 52-Week Range | 26.86 - 51.28 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 40.26 (+25.7%) |
| Earnings Date | Apr 25, 2024 |
About INTC
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)... [Read more]
Financial Performance
In 2023, Intel's revenue was $54.23 billion, a decrease of -14.00% compared to the previous year's $63.05 billion. Earnings were $1.69 billion, a decrease of -78.92%.
Financial StatementsAnalyst Forecast
According to 32 analysts, the average rating for INTC stock is "Hold." The 12-month stock price forecast is $40.26, which is an increase of 25.70% from the latest price.
News
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Intel Corporation - INTC
NEW YORK , May 16, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Intel Corporation ("Intel" or the "Company") (NASDAQ: INTC). Such investors are advis...
Intel Corporation to Participate in Upcoming Investor Conferences
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation announces that company executives will participate in investor events in May and June 2024.
INTC Investors Have Opportunity to Lead Intel Corporation Securities Fraud Lawsuit
LOS ANGELES , May 16, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit again...
Intel's stock has fallen far enough, this analyst says
Intel Corp.'s stock has been a staggering laggard so far this year, down 37% over the course of 2024 and trailing the PHLX Semiconductor Index by nearly 60 percentage points.
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Intel Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - INTC
NEW YORK , May 15, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Intel Corporation (NASDAQ: INTC) between January 25, 2024 and April ...
Intel Rises on Report of Nearing $11B Deal With Apollo for Irish Chip Plant
Intel (INTC) shares rose in intraday trading Monday on a report it is in advanced talks with Apollo Global Management for the private equity firm to provide the chipmaker with more than $11 billion to...
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Tech stocks rose in intraday trading Monday, with the S&P 500 Information Technology Sector Index 0.6% higher as of noon ET, while the tech-heavy Nasdaq was 0.2% higher. The broader S&P 500 was flat.
Can Intel's woes come to an end?
Intel Corporation (NASDAQ:INTC) has been through some tough times lately. After reporting its earnings for the first quarter of 2024, its stock took a hit, dropping from above $35 to below $30 recentl...
Intel shares rise as company names new senior vice president
Intel Corporation's stock experienced a notable surge, climbing over 4% in Monday's trading session in the United States. This increase followed the announcement that Kevin O'Buckley has been appointe...
Intel appoints industry veteran Kevin O'Buckley to lead foundry unit
Intel has appointed industry veteran Kevin O'Buckley to lead its manufacturing unit, Intel Foundry Services, the chipmaker said on Monday.
Kevin O'Buckley to Lead Foundry Services at Intel
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation announces the appointment of Kevin O'Buckley as senior vice president and general manager of Intel Foundry Services.
Intel rises in premarket on report of $11 billion Apollo investment in new chip plant
Intel Corp's stock INTC, -0.80% was up by 0.9% in premarket trading on Monday after The Wall Street Journal reported it's in talks with Apollo Global Management Inc. APO, -0.12% to line up $11 billion...
PDD, Intel, Arm, Microsoft, and Other Tech Stocks in Focus Today
A number of tech stocks outperformed early Monday, leading the way higher at the start of a week that will see inflation data roll in.
Intel Stock Rises After Report It's Planning a New Chips Plant
The tech company is in talks with asset-manager Apollo Apollo, which could provide more than $11 billion to help build the facility.
Intel nears deal with Apollo for $11 bln Ireland partnership, WSJ reports
Intel is in advanced talks for a transaction in which Apollo Global Management would supply more than $11 billion to help build a chip plant in Ireland, the Wall Street Journal reported on Monday.
Intel Nears Deal With Apollo for $11 Billion Ireland Partnership
The investment firm is in exclusive talks to supply the chip giant with cash for a new plant.
INTC INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Intel Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK , May 13, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed agai...
Intel Corporation Investor Notice: Robbins LLP Reminds Stockholders of the Intel Corporation (INTC) Class Action
SAN DIEGO--(BUSINESS WIRE)---- $INTC #INTC--Robbins LLP is Investigating the Allegations that Intel Corporation (INTC) Misrepresented its Business Prospects.
US blocks some Intel, Qualcomm exports to China over Beijing's objections
The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.
Intel, Amazon, Palantir, Super Micro, and Other Tech Stocks in Focus Today
Tech stocks look set for another challenging day as corporate earnings keep AI-exposed companies under pressure.
AI-related valuations are investing 'way, way into the future', says Susquehanna's Chris Rolland
Chris Rolland, Susquehanna senior semiconductor analyst, joins 'Fast Money' to talk the recent slate of AI earnings, the state of the AI trading cycle and more.
Intel Revises Revenue Guidance After US Slaps New Restrictions on Chip Sales to China
Intel (INTC) said Wednesday that it has revised its revenue guidance after the U.S. Department of Commerce revoked certain licenses for exports of certain items to a Chinese company.
Intel's stock drops after U.S. revokes licenses for exports to China customer
Shares of Intel Corp. took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling would prevent the export of some of the company's products to a customer in China.
Intel Says U.S. Commerce Department Revokes Licenses for Exports of Certain Items to Chinese Customer
Intel said that the U.S. Department of Commerce revoked certain licenses for exports of certain items to a customer in China.