Intel stock fell after the company missed sales expectations for the third quarter. The company said notebook volumes were hampered by industrywide component shortages.
Should you buy or sell Intel stock right now?
Feb 18, 2022 · Intel ( INTC 1.10% ) stock crashed in Friday morning trading, down 5.6% as of 11:55 a.m. ET after the company held an investor meeting to lay out its "2022 and long-term growth strategy." Hearing ...
Why has Intel stock tanked?
Oct 23, 2021 · Intel crushed Wall Street's consensus earnings targets and fell just below analysts' revenue estimates. The sudden price drop was triggered by the company's significant infrastructure investments....
Is Intel stock a buy?
Apr 24, 2021 · Here's why Intel shares dropped despite those mighty fine first-quarter results. Image source: Getty Images. Soft guidance First and foremost, Intel's guidance for the next quarter came in below...
Why is Intel falling behind?
Feb 18, 2022 · Barclays analyst Blayne Curtis lowered the price target on Intel to $45 from $50 (5.4% downside) and kept an Underweight. The analyst says Intel's 2022 investor meeting "fell flat" as the 2022...
Is Intel a good stock to buy now?
At a recent price of $47.51 a share, representing a 27% discount to the $65 fair value estimate Davuluri assigns to this wide-moat stock, Intel is an attractive opportunity for long-term investors. That estimate implies an adjusted forward P/E ratio of 18 times earnings and mid-single-digit revenue growth.Mar 18, 2022
Is Intel on the decline?
American chip-making giant Intel is a shadow of its former self. Despite the global semiconductor shortage, which has boosted rival chipmakers, Intel is making less money than a year ago with net income down 21% year over year to US$4.6 billion (£3.4 billion).Jan 28, 2022
Is Intel a strong buy?
Following the huge increase in Intel's CPU performance over the most recent generation, we expect a much more muted market share decline which gives us a total revenue growth forecast of 2% in 2022 followed by 7.6% in 2023. We believe this presents a strong buying opportunity for Intel.Mar 29, 2022
Why did Intel drop after earnings?
Intel stock fell after the company reported earnings. Intel stock fell in extended trading Thursday after the company missed sales expectations and said its chief financial officer plans to retire in May. The company also chalked a decline in its PC business to broader component shortages.Oct 22, 2021
Why is Intel in trouble?
Some of Intel's immediate troubles stem from the supply chain holdups that have slowed production of computers. But Intel faces a bigger problem: Its lineup isn't competitive. Over the last several years, the company had repeated delays in moving to the latest chip manufacturing technologies.Oct 21, 2021
Is Intel coming back?
After years of falling behind AMD, Intel won over reviewers with its Alder Lake chips. Intel launched its 12th Gen processors on October 27, 2021, including the Core i5-12600K, Core i7-12700K, and Core i9-12900K.Nov 5, 2021
Is Intel overvalued?
Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. So, Intel stock is not overvalued as compared with other tech stocks.Mar 6, 2022
Is Intel a good stock to buy 2022?
With that in mind, here are seven of the best semiconductor stocks to buy for 2022. Intel is one of the best semiconductor stocks to buy for a few simple reasons, but importantly, it's one of the most compelling ways to get broad-based exposure to the semiconductor industry.Feb 8, 2022
Is Intel a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Why is Intel so cheap?
So, what drove this stock price drop? The answer is simple. Much of Intel's stock price drop can be attributed to its Q4 earnings PR and its more recent Investor Day meeting. This was predictable.Mar 1, 2022
Is Intel undervalued?
An Intrinsic Calculation For Intel Corporation (NASDAQ:INTC) Suggests It's 34% Undervalued. In this article we are going to estimate the intrinsic value of Intel Corporation (NASDAQ:INTC) by taking the expected future cash flows and discounting them to their present value.Jan 17, 2022
Why is Intel's PE so low?
Trading Below the Market Average Intel could be doing better as it's been growing earnings less than most other companies lately. The P/E is probably low because investors think this lackluster earnings performance isn't going to get any better.Dec 7, 2021
Traders shrugged off Chipzilla's fantastic bottom-line profits and inspiring long-term growth plan to focus on the massive costs of bringing that vision to life
Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.
Key Points
Intel crushed Wall Street's consensus earnings targets and fell just below analysts' revenue estimates.
What happened
Shares of semiconductor giant Intel ( NASDAQ:INTC) fell as much as 11.7% on Friday following the company's third-quarter earnings report. The financial figures in this mixed report were solid enough, but Intel's ambitious turnaround plan left many investors more fearful than inspired.
So what
Intel's third-quarter sales fell 1.1% year over year to $18.1 billion. Adjusted earnings jumped 54%, landing at $1.71 per diluted share. Your average analyst had been looking for earnings near $1.11 per share on revenue in the neighborhood of $18.2 billion.
Now what
Gelsinger's vision for the long haul is both expensive and slow in the early innings. Intel has broken ground on several new chip manufacturing plants and signed up a couple of top-tier clients for its brand-new role as manufacturer of other companies' chip designs. These efforts play into the extended strategy shift.
How much is Intel earnings in 2021?
At first glance, semiconductor -giant Intel ( NASDAQ:INTC) did everything right in the first quarter of 2021. The company delivered earnings of $1.39 per share on sales of $18.6 billion, blowing past Wall Street's consensus estimates of $1.15 per share and $17.9 billion.
When will Intel release its 7 nanometer CPU?
Intel is taping out early designs for its first 7-nanometer CPU, scheduled for market debut in 2023. Intel is hiring thousands of engineers and investing billions of dollars in infrastructure and research and development efforts, all to reignite the company's storied culture of innovation.
Who is Anders Bylund?
Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.
What happened
It's the day after earnings for Intel ( NASDAQ:INTC), and its stock is down -- 11% as of 10:15 a.m. EDT today.
So what
So I guess you could call it a "mixed quarter" -- but was it really bad enough to justify an 11% haircut in stock price?
Now what
Despite all of the above, however, Intel was optimistic about where it's headed this year. Giving new guidance for the full year fiscal 2020, Intel raised its estimates to $75.3 billion in sales, $4.55 per share in GAAP earnings, and $4.90 per share in pro forma profit.
