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Added to YB: 2023-12-28

Pitch date: 2023-12-28

INTC [bullish]

Intel Corporation

-10.1%

current return

Author Info

No bio for this author

Company Info

Intel Corporation designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States, Ireland, Israel, and internationally.

Market Cap

$227.1B

Pitch Price

$49.64

Price Target

60.00 (+34%)

Dividend

N/A

EV/EBITDA

19.34

P/E

-757.67

EV/Sales

4.70

Sector

Semiconductors and Semiconductor Equipment

Category

turnaround

Show full summary:
Intel: Raising target to $60 on new fab, new products

$INTC: BUY w/ $60 PT from Argus; Investing $25B in Israel fab w/ $3.2B grant; Showcased AI chips; Expects positive turnaround Q4; CEO transforming co w/ global expansion & bold roadmap; $25B cash; Stock resilient; Risks: competition & economy; Valuation high on growth recovery

Read full article (10 min)