Intel (INTC) Has 'Little Downside Risk' - Northland
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Intel (INTC) PT Lowered to $52 at Argus
August 1, 2022 7:43 AM EDTArgus analyst Jim Kelleher lowered the price target on Intel (NASDAQ: INTC) to $52.00 (from $76.00) while maintaining a Buy rating.... More
Intel (INTC) PT Lowered to $37 at Jefferies on Miss
July 29, 2022 8:10 AM EDTJefferies analyst Mark Lipacis lowered the price target on Intel (NASDAQ: INTC) to $37.00 (from $48.00) while maintaining a Hold rating.
The analyst commented, "INTC missed Q2/Q3 EPS by 59%/60%. Q2 GM dropped to mid-40s, its server CPU is delayed, and Data Center... More
Intel (INTC) PT Lowered to $40 at Truist Securities
July 29, 2022 7:58 AM EDTTruist Securities analyst William Stein lowered the price target on Intel (NASDAQ: INTC) to $40.00 (from $49.00) while maintaining a Hold rating.... More
Intel (INTC) PT Lowered to $45 at Wells Fargo
July 29, 2022 7:45 AM EDTWells Fargo analyst Aaron Rakers lowered the price target on Intel (NASDAQ: INTC) to $45.00 (from $55.00) while maintaining a Equal Weight rating.... More
Intel (INTC) PT Lowered to $38 at Deutsche Bank
July 29, 2022 7:24 AM EDTDeutsche Bank analyst Ross Seymore lowered the price target on Intel (NASDAQ: INTC) to $38.00 (from $45.00) while maintaining a Hold rating.... More
Intel slashes annual forecasts on PC demand slump, shares drop 10%
July 28, 2022 4:07 PM EDTBy Yuvraj Malik and Jane Lanhee Lee
(Reuters) -Intel Corp slashed its annual sales and profit forecasts on Thursday after missing estimates for second-quarter results as demand for its chips used in personal computers cools, sending shares down 10%. The company also forecast current-quarter results well below expectations, blaming the "sudden and rapid decline" in economic activity and execution issues.
Runaway inflation and the reopening of offices and schools have led people to spend less on PCs than they did during lockdowns, when many bought computers for work and school as they stayed home during the pandemic.
... MoreIntel (INTC) Misses Q2 EPS by 41c, Guidances Misses
July 28, 2022 4:05 PM EDTIntel (NASDAQ: INTC) reported Q2 EPS of $0.29, $0.41 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $15.3 billion versus the consensus estimate of $17.96 billion.
GUIDANCE:
Intel sees FY2022 EPS of $2.30, versus the consensus of $3.42. Intel sees... More
