Intel reports Q4 earnings beat, but offers weak guidance
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Intel (INTC) PT Lowered to $25 at Morgan Stanley
January 31, 2025 10:01 AM ESTMorgan 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
Rosenblatt Reiterates Sell Rating on Intel (INTC)
January 31, 2025 6:43 AM ESTRosenblatt analyst Hans Mosesmann reiterated a Sell rating and $20.00 price target on Intel (NASDAQ: INTC)
The analyst comments "Intel delivered a modest 4Q24 top line beat ($14.3B vs our/consensus $13.8B/$13.8B), while Non-GAAP EPS came in slightly above ($0.13 vs. our/consensus $0.12/$0.13). Revenues were driven by sequential growth across all segments. The company significantly missed on the 1Q25 guide (revs/Non-GAAP EPS of $12.2B/$0.00 vs our & consensus $13.0B/$0.17 & $12.9B/$0.10) on seasonal... More
Intel (INTC) PT Lowered to $19 at BofA Securities
January 31, 2025 6:28 AM ESTBofA 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)
January 31, 2025 6:07 AM ESTNeedham 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'
January 31, 2025 5:54 AM ESTBernstein 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
