Was Intel's (INTC) Second Quarter a Speedbump or Inflection?

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Intel (INTC) PT Lowered to $60 at Roth Capital After Supply Constraints Lead to Lower Guidance

July 23, 2021 7:05 AM EDT

Roth Capital analyst Suji Desilva lowered the price target on Intel (NASDAQ: INTC) to $60.00 (from $65.00) while maintaining a Neutral rating after the company reported 2Q21 revenue and EPS above consensus, implying strong demand and a recovery across both client and data center. However, manufacturing... More

Intel (INTC) PT Lowered to $52 at BofA Securities

July 23, 2021 6:39 AM EDT

BofA Securities analyst Vivek Arya lowered the price target on Intel (NASDAQ: INTC) to $52.00 (from $62.00) while maintaining a Underperform rating.

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Intel (INTC) PT Lowered to $70 at Mizuho Securities

July 23, 2021 6:34 AM EDT

Mizuho Securities analyst Vijay Rakesh lowered the price target on Intel (NASDAQ: INTC) to $70.00 (from $72.00) while maintaining a Buy rating.... More

Intel (INTC) PT Lowered to $60 at Wells Fargo

July 23, 2021 6:22 AM EDT

Wells Fargo analyst Aaron Rakers lowered the price target on Intel (NASDAQ: INTC) to $60.00 (from $70.00) while maintaining a Equal Weight rating.... More

Intel (INTC) PT Lowered to $57 at Citi

July 23, 2021 5:40 AM EDT

Citi analyst Christopher Danely lowered the price target on Intel (NASDAQ: INTC) to $57.00 (from $60.00) while maintaining a Neutral rating.... More

Intel (INTC) PT Lowered to $50 at Barclays

July 23, 2021 5:31 AM EDT

Barclays analyst Blayne Curtis lowered the price target on Intel (NASDAQ: INTC) to $50.00 (from $58.00) while maintaining a Underweight rating.... More

Stocks with Implied Volatility Movement

July 23, 2021 4:29 AM EDT

Intel (NASDAQ: INTC) volatility index movement increasing vs. 30D HV

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UPDATE: Intel (INTC) PT Lowered to $70 but Morgan Stanley Sees the Turnaround Progressing with an EPS Hard Deck of $4.50

July 23, 2021 3:36 AM EDT

(Updated - July 23, 2021 7:20 AM EDT)

Morgan Stanley analyst Joseph Moore lowered the price target on Intel (NASDAQ: INTC) to $70.00 (from $72.00) after the 20% upside to EPS and constrained guidance effectively cuts EPS for the remaining half of 2021.

The analyst maintained an Overweight... More

Intel sales forecast implies rocky second half of 2021 amid supply constraints

July 22, 2021 4:13 PM EDT

By Stephen Nellis and Chavi Mehta

(Reuters) -Chipmaker Intel Corp said on Thursday it still faces supply chain constraints and gave an annual sales forecast that implied a weak end of the year.

The 2021 forecast of $73.5 billion in adjusted sales was higher than Wall Street expectations, appeared driven by a strong second quarter ended June 26 and a modestly better-than-expected third-quarter, implying a weak fourth quarter. The results sent shares down 2.8% in after-hours trading after the results.

Intel, one of the few remaining companies in the processor chip industry that both designs and manufactures its own... More

Intel (INTC) Tops Q2 EPS by 22c, Offers FY Guidance

July 22, 2021 4:03 PM EDT

Intel (NASDAQ: INTC) reported Q2 EPS of $1.28, $0.22 better than the analyst estimate of $1.06. Revenue for the quarter came in at $18.5 billion versus the consensus estimate of $17.84 billion.

GUIDANCE:

Intel sees FY2021 EPS of $4.80, versus the consensus of $4.62. Intel sees FY2021... More