Added to YB: 2024-08-21
Pitch date: 2024-08-19
INTC [neutral]
Intel Corporation
+110.37%
current return
Author Info
The Onveston Letter invests methodically to build a portfolio of winners that are set to outperform. Sign up for the newsletter.
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
$21.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.34
P/E
-757.67
EV/Sales
4.70
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Is Intel Stock a Buy Right Now?
INTC: 59% YTD drop due to weak earnings, div suspension, job cuts. FCF turned negative in Q4'21 (-$2.23B), worsened to -$6.43B in Q2'22. Rev decline started 2022. Not a buy now; speculative turnaround play. Monitor for FCF normalization. Exiting at $50 in 2021 would've avoided 50%+ loss.
Read full article (4 min)