Intel Corporation (INTC)
NASDAQ: INTC · IEX Real-Time Price · USD
32.21
+0.38 (1.19%)
May 20, 2024, 1:07 PM EDT - Market open
Intel Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for Intel stock have an average target of 40.26, with a low estimate of 17 and a high estimate of 66. The average target predicts an increase of 24.99% from the current stock price of 32.21.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Intel stock from 32 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 16 | 21 | 21 | 21 | 23 | 24 |
| Sell | 3 | 3 | 3 | 3 | 2 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 27 | 31 | 31 | 31 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | May 16, 2024 |
| Jefferies | Jefferies | Hold Initiates $42 → $34 | Hold | Initiates | $42 → $34 | +5.56% | May 13, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $34 → $30 | Strong Sell | Maintains | $34 → $30 | -6.86% | May 9, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $43 → $38 | Hold | Maintains | $43 → $38 | +17.98% | Apr 26, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $42 → $35 | Hold | Maintains | $42 → $35 | +8.66% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
58.56B
from 54.23B
Increased by 7.98%
Revenue Next Year
65.35B
from 58.56B
Increased by 11.61%
EPS This Year
1.37
from 0.40
Increased by 242.78%
EPS Next Year
2.29
from 1.37
Increased by 66.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 63.5B | 75.6B | 83.7B | 88.2B | 96.1B |
| Avg | 58.6B | 65.4B | 71.9B | 76.8B | 93.3B |
| Low | 50.3B | 53.9B | 60.7B | 65.3B | 89.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.1% | 29.0% | 28.0% | 22.7% | 25.1% |
| Avg | 8.0% | 11.6% | 10.0% | 6.9% | 21.5% |
| Low | -7.2% | -8.0% | -7.1% | -9.1% | 16.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.81 | 3.31 | 3.79 | 4.27 | 5.23 |
| Avg | 1.37 | 2.29 | 3.03 | 4.15 | 5.08 |
| Low | 0.90 | 1.06 | 1.37 | 3.99 | 4.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 351.5% | 141.2% | 65.8% | 41.1% | 26.0% |
| Avg | 242.8% | 66.7% | 32.5% | 37.1% | 22.4% |
| Low | 125.4% | -22.8% | -40.0% | 31.7% | 17.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.