Is Intel stock a buy? (2024)

Is Intel stock a buy?

Is INTC a Buy, Sell or Hold? Intel has a conensus rating of Hold which is based on 5 buy ratings, 25 hold ratings and 4 sell ratings. The average price target for Intel is $44.17. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Intel stock good to buy?

Intel is the third-worst performer in the S&P 500 SPX so far this year, with a roughly 36% stock-price decline over the course of 2024.

What is the prediction for Intel stock?

Based on short-term price targets offered by 31 analysts, the average price target for Intel comes to $43.51. The forecasts range from a low of $17.00 to a high of $68.00. The average price target represents an increase of 23.92% from the last closing price of $35.11.

Is there any hope for Intel stock?

Even after its recent stock decline, Intel's shares command a relatively high price compared to its earnings and projected growth. Investors are essentially paying a premium for the hope that their AI strategy will pay off. Furthermore, the company has a looming debt problem.

Is Intel a good stock to buy in 2024?

The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short May 2024 $47 calls on Intel.

Can Intel stock reach $100?

INTC Stock: $100 Might Come Sooner Than You Think

It's just foolish to bet against a company with such strong public-sector financial backing. With that funding, Intel may be able to leapfrog ahead of its chipmaking competitors in the U.S. Hence, Chowdhry's $100 Intel share-price target isn't entirely unrealistic.

Is Intel a good long-term buy?

Intel's shares are down about 28% in the last two years as the market noted Intel's headwinds. In response these challenges, Intel has launched a massive transformation that could make it an excellent long-term investment.

Does Intel have a good future?

Intel is forecast to grow earnings and revenue by 26.6% and 8.3% per annum respectively. EPS is expected to grow by 25.5% per annum. Return on equity is forecast to be 6.4% in 3 years.

Who is the largest shareholder of Intel?

According to the latest TipRanks data, approximately 25.38% of Intel (INTC) stock is held by institutional investors. According to the latest TipRanks data, approximately 53.41% of Intel (INTC) stock is held by retail investors. Vanguard owns the most shares of Intel (INTC).

What is Intel stock price forecast for 12 months?

Based on analysts offering 12 month price targets for INTC in the last 3 months. The average price target is $39.96 with a high estimate of $68 and a low estimate of $17.

Why is Intel stock so low?

The stock fell to a 10-month low after reporting first quarter sales that missed Wall Street's estimates and issuing an uninspiring outlook for the current quarter, as investors have become increasingly wary of the company's turnaround plans.

Will Intel grow in 2024?

Key Takeaways. Intel is set to report earnings for the first quarter of 2024 on Thursday after the closing bell. Analysts expect Intel's revenue and income to grow year-over-year, but to fall from the prior quarter due to a seasonal decline.

Will Intel stock make a comeback?

After several difficult years, Intel (INTC) stock is now marching higher once again. The reversal of fortune comes as Intel's transformation to a chip foundry takes hold and its earnings improve.

How high can Intel stock go?

INTC Stock 12 Month Forecast

Based on 34 Wall Street analysts offering 12 month price targets for Intel in the last 3 months. The average price target is $44.17 with a high forecast of $68.00 and a low forecast of $17.00.

What stock will boom in 2024?

Will Intel rise again?

Over the long term, Intel aims to grow its adjusted gross margin from 44% in 2023 to 60% and expand its adjusted operating margin from 9% to 40%. Those are ambitious targets, but analysts expect adjusted EPS to increase by 28% in 2024 and 67% in 2025 as it upgrades its plants and economies of scale kick in.

What is the hottest stock to invest in?

Does Intel stock have a future?

Assuming that the demand for AI PCs and Intel's AI server chips lifts its annual earnings growth rate to 20% and the company manages to sustain that through 2030, its earnings could increase to $5.64 per share by the end of the decade (using its 2024 earnings forecast of $1.89 per share as the base).

Why Intel stock is not growing?

Admittedly, Intel is contending with some tangible headwinds. Advanced Micro Devices has been chipping away at its central processing unit (CPU) market share. Personal computer (PC) sales haven't bounced back as quickly as expected following a surge in sales during the early stages of the pandemic.

Does Intel pay a good dividend?

Over the past three years, Intel Corp's annual dividend growth rate was -17.50%. Extended to a five-year horizon, this rate increased to -5.40% per year. And over the past decade, Intel Corp's annual dividends per share growth rate stands at 2.50%.

Why is Intel stock tanking?

Key Points. Intel alerted investors this week: Its foundry business is losing $7 billion a year -- and it's getting worse. The company won't break even on the business before 2027 at the earliest. Intel intends to break out foundry earnings (or losses) as a separate business going forward.

Does Intel have a lot of debt?

What Is Intel's Debt? You can click the graphic below for the historical numbers, but it shows that as of December 2023 Intel had US$49.3b of debt, an increase on US$42.1b, over one year. However, because it has a cash reserve of US$25.0b, its net debt is less, at about US$24.3b.

Should I buy Intel or AMD stock?

And earnings per share (EPS) estimates support their massive growth potential in the coming years. This chart shows AMD's earnings could hit just over $7 per share over the next two fiscal years, while Intel's are projected to reach just under $3 per share.

Is Intel too big to fail?

“They need an alternate,” semiconductor analyst and CEO Ben Bajarin at Creative Strategies told POLITICO. “This is a too-big-to-fail situation with Intel. The government needs this to be successful.”

Is Intel financially healthy?

Intel's net debt is 2.5 times its EBITDA, which is a significant but still reasonable amount of leverage. However, its interest coverage of 1k is very high, suggesting that the interest expense on the debt is currently quite low. Shareholders should be aware that Intel's EBIT was down 99% last year.