Intel shares slip over 12% on fourth-quarter net loss, weak guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Intel (INTC) PT Raised to $35 at JPMorgan
January 23, 2026 6:16 AM ESTJPMorgan analyst Harlan Sur raised the price target on Intel (NASDAQ: INTC) to $35.00 (from $30.00) while maintaining a Underweight rating.
The analyst comments "Results were stronger than expected, but guidance landed well short of expectations - both primarily a function of burgeoning server CPU demand, offset to varying degrees by Intels inability to fully service this demand due to a lack of available internal wafer capacity. Wafer supply should begin to improve in Q2 as Intel transitions CCG wafers to DCAI and continues to drive yield improvements, but this will still likely... More
