Intel Reports Fourth-Quarter and Full-Year 2024 Financial Results

Intel (INTC) PT Lowered to $25 at Morgan Stanley

Morgan Stanley analyst Joseph Moore lowered the price target on Intel (NASDAQ: INTC) to $25.00 (from $25.58) while maintaining a Equalweight rating.

The analyst comments "Remain EW. March quarter guidance below expectations implies a 4th consecutive quarter of y/y revenue declines, and while end... More

Intel (INTC) PT Lowered to $19 at BofA Securities

BofA Securities analyst Vivek Arya lowered the price target on Intel (NASDAQ: INTC) to $19.00 (from $21.00) while maintaining a Underperform rating.

The analyst comments "Intel (INTC) beat Q4 which helped stabilize the stock post-close, but the beat came from a pull-ahead of sales related to customer worries... More

Needham Reiterates Hold Rating on Intel (INTC)

Needham analyst N. Quinn Bolton reiterated a Hold rating on Intel (NASDAQ: INTC).

The analyst comments "Intel's top line results were better than expected, but the revenue and NG GM guide came in below the Street. Our key takeaways: 1) Management believes there... More

Bernstein SocGen Group on Intel (INTC): 'Q424 Recap - (Un)comfortably numb'

Bernstein SocGen Group analyst Stacy Rasgon reiterated a Market Perform rating and $25.00 price target on Intel (NASDAQ: INTC)

The analyst comments "Intels Q4 results were decent vs expectations ($14.3B/$0.13 vs Street $13.8B/$0.12). CCG and NEX came in stronger than expected (the former likely boosted somewhat by pretariff builds); DCAI was in-line. GMs at 42.1% were ~260bps above on an unforcasted CHIPS act benefit and higher revenues, offset partially by Gaudi inventory reserves. EPS beat by a penny, weighed on by a $750M accrual as Intel paid to reduce their SCIP commitments. However, Q1... More

Intel (INTC) Tops Q4 EPS by 1c, Beats on Revenue; Offers Q1 Revenue Guidance

(Updated - January 30, 2025 4:02 PM EST)

Intel (NASDAQ: INTC) reported Q4 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $14.26 billion versus the consensus estimate of $13.83 billion.

The company sees Q1 revenue of $11.7B-$12.7B vs... More