MU doesn't expect to be able to meet industry demand for either Dram or NAND memory through calendar year 2021. Of the 40 analysts tracking the stock, 33% have given it “buy” recommendations, 50% have given it “holds,” and 18% have given it “sells.” The company also said it plans to invest $20 billion in two Arizona production facilities. There's no reason to force anything in the current market environment. That didn’t seem to bother Wall Street on Wednesday morning, but the mood has since soured. This is why we have targets, pivots and panics. NOT FOR DISTRIBUTION. On the downside, keep an eye on the 10-week moving average. Intel stock’s rise since late 2018 came due to a 10% rise in revenues, from $71 billion in 2018 to $78 billion in 2020. Stocks quotes in this article: INTC. For now, let’s look for this level and the $60 mark to be support until it breaks. While Intel was able to push through $64 on the recent rally, it has been unable to close above this mark on a weekly basis. Above that and the 2020 high is in play near $70. Intel stock hit a 19-year high of 69.29 in January 2020 ahead of the coronavirus stock market correction. Intel is going through a crisis of sentiment more than any fundamental problems. Intel Corp said on Sunday it will invest another $600 million in Israel to expand its research and development (R&D) and confirmed it was spending $10 billion on a new chip plant. Last Updated. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. If you're looking for the meme traders, we found them. Intel's Cloud Thickens -- Heard on the Street. Intel Unveils 5G Chips: Should QRVO, AVGO, XLNX Take Note? Executive Summary. Intel Stock Price History by Markets Insider. Wall Street analysts are mixed on Intel. © 1996-2021 TheStreet, Inc., The company's third-quarter results Thursday seriously disappointed investors. Let's hope for Intel's sake that CEO Pat Gelsinger has a successful homecoming. The majority of Wall Street analysts are of the opinion that Intel is in a strong position to maintain its leading position in the semiconductor industry. However, if no rating change occurs, the data on this page does not update. Follow Real Money's Wall Street Pros to receive real-time investing alerts. Data Sources. Show Me a Good Loser, and I'll Show You a Good Tra... Join me later Thursday as we dive into the usage o... Fine EPS from , plus a dividend increase. 225 Liberty Street, 27th Floor, New York, NY 10281. Company Financials + 39 Analysts. INTC stock notched its all-time high of … The data does update after 90 days if no rating change occurs within that time period. With a new CEO, Paul Gelsinger, at the helm from earlier this year, positive changes are afoot for Intel. But a turnaround will take time to pull off. Intel's first-quarter growth cleared Wall Street's low bar, but its mixed guidance indicated its troubles would persist throughout the year. Back above this mark and perhaps Intel stock can challenge this week’s high at $67.44. On the upside, keep an eye on $64. The... | May 2, 2021 Undervalued established dividend payer. By Dan Gallagher . Powered and implemented by FactSet Digital Solutions Group. Intel said it would exceed its previous guidance for the quarter as notebook demand has remained strong. It took almost a year for it to break out from under downtrend resistance (blue line), but once it did so, the stock was able to put together a strong rally. Intel forecasts revenues of $17.4 billion for Q4 2020 and adjusted earnings per share of $1.10, while the street was looking for $17.34 billion in top … Jan 23, 2020 4:20 PM EST Intel shares rose after the chipmaker's earnings easily cleared Wall Street expectations and management guided for a … The chip giant is clearly thinking big under new CEO Pat Gelsinger. With Intel's (INTC) shares down sharply on Monday, let's revisit the charts. But this piece of good news should seemingly have investors excited. J.P. Morgan also reiterated its Sell rating on the stock of Tesla but bumped up its pri... Bears may fuss over the routine consolidation combined with rotational action, but here's how I look at the moves. View detailed financial information, real-time news, videos, quotes and analysis on Intel Corporation (NASDAQ:INTC). Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month. Here's how to trade it now. Just what is going on here? Intel, on the other hand, has also enhanced trader’s optimism after increasing their sales and earnings expectations for the second quarter and full year. Intel. Quotes delayed at least 20 minutes for all exchanges. Jim Cramer discusses the latest stock market news including Intel's new CEO Pat Gelsinger, homebuilder KB Home's earnings and Qualcomm's acquisition of Nuvia. Competition from AMD and ARM CPU developers looks set to take a toll over the next two years. X. There is too much action under the surface to characterize this market by looking simply at the major indices. Jim Cramer is discussing why he says to not fear the taxman when it comes to President Biden's capital gains proposal and his thoughts on Intel (INTC) - … Log In / Sign Up. Intel's stock is admittedly cheaper than that of many chip peers. Last updated 2021/04/27 22:01 . Intel Is Poised to Make an Upside Breakout Consolidation patterns do not last forever. Treasury Yield Falls Sharply on Rising COVID-19 Woes, America has limited options on 5G to fend off China's Huawei challenge, Cisco Worker Trades on Inside Intel, Then Rats Himself Out to the SEC, New Mac with Apple processor coming in 2021, top analyst Kuo says, Zacks.com featured highlights include: Signet Jewelers, CACI International, Intel, Science Applications International and Best Buy Company, 6 Top-Ranked Large-Cap Tech Stocks to Buy Right Now, 5 Stocks Trading Near 52-Week High That Can Scale Higher, 5G Wave Set to Help These Stocks Score Big in 2020, Webinar Time After the Close Thursday: Power of the Put, 57.07 / US$237.3b. Get the latest Intel Corporation (INTC) stock price, news, buy or sell recommendation, and investing advice from Wall Street professionals. Intel was founded in 1968 by Gordon Moore and Robert Noyce, after the two left Fairchild Semiconductor. At first glance, semiconductor -giant Intel (NASDAQ:INTC) did everything right in the first quarter of 2021. COVID numbers stopped improving a while ago, even with ever-improving rates of vaccination. Chipmaker Intel late Thursday handily beat Wall Street's first-quarter targets but its second-quarter earnings guidance disappointed.Intel stock dropped in extended trading. Intel Corp said on Sunday it will invest another $600 million in Israel to expand its research and development and confirmed it was spending $10 billion on a new chip plant. It was looking like a promising day for Intel (INTC) - Get Report, which was up more than 4% in premarket trading Wednesday. Though the chip manufacturing giant is lower post-earnings, there's a lot to like about its revenue and capex guidance, as well as other commentary it shared. The rally came as a result of the company’s positive update. By BRUCE KAMICH May 11, 2020 | 11:24 AM EDT. We can do it because it's just so good for so many people, states, companies, and the U.S. Wall Street expectations will fall in line over the stock price opportunity eventually. ETF data provided by Lipper. J.P. Morgan is out here on Friday morning boosting some price targets; the firm recommends Intel shares with a Buy and boosted its price target to $80 from $70. Except as otherwise indicated, quotes are delayed. 2021/04/27 22:01 UTC. In fact, shares were higher by 6.25% at the session highs, but have since reversed and have turned slightly lower. The main culprits were tepid sales and … Should it break, there should be strong support between $54 and $55, with a plethora of moving average support nearby. Intel Tops Estimates and Guidance, but Stock Falls Intel exceeded analysts' expectations for both earnings and revenue for the fourth quarter, Bob Swan's last as CEO. Comments about how unsustainable the current market action is are hitting all-time highs, but strong, speculative trading is winning out for now. View the latest Intel Corp. (INTC) stock price, news, historical charts, analyst ratings and financial information from WSJ. Always, always, always stick to your rules. Here's what that means for the US, Record-Low Treasury Yield Amid Virus Threat May Benefit Stocks, Dow Makes a Comeback on Stimulus Hopes: 4 Blue-Chip Picks. Canada made the developed world's first moves toward normalizing monetary policy coming out of the pandemic, despite the fact that Canada does not seem to be flattening its own curve. © 2021 TheStreet, Inc. All rights reserved. Should the Nasdaq create a new low for the week at any point from here... we will have to admit to being in correction. In late October, Intel stock retested its coronavirus selloff lows from the first quarter of 2020. FactSet calculates the Market Cap for the basic symbol to include common shares only. Author: Don't fear the taxman, view this one as an opportunity, not a penalty. Let's look at Nvidia, Microsoft and the FAANG names to see what's really possible. When the chipmaker turns lower you need to get out the way. Should you invest in Intel (NasdaqGS:INTC)? I find this action most likely to be less than sustainable, without provoking an algorithmic counter. Among other things, Intel disclosed weak server CPU sales figures and shared more details about its plans to battle TSMC and Samsung in the foundry market. They're trading cryptocurrencies ahead of the Coinbase direct listing. Saturday 24 October 2020. 23/10/2020 11:59am Dow Jones News. Stocks quotes in this article: INTC Shares of Intel Corp. ( INTC ) are sharply lower Friday as traders and investors react to the company's quarterly results. Below that opens the stock up to a gap fill down at $53.85, along with the 200-day moving average near $53.50. Jim Cramer discusses the latest stock market news including how to trade Intel and Boston Beer after earnings and markets on Friday. A giant container ship is stuck in the Suez Canal and could be stuck there for days. Earnings and ratings provided by Zacks. Nvidia (NVDA) - Get Report and Advanced Micro Devices (AMD) - Get Report weren’t helping with sentiment, with both stocks slightly lower on the day too. 68.49. But Intel could be in better shape in 2023 if its new CEO is ready to make some tough choices. Intel (NASDAQ:INTC) Intraday Stock Chart. Intel stock is down around 20% year to date amid poor macroeconomic conditions amid the coronavirus pandemic paired with a series of less than stellar results in its chip segment. I haven't made any move here as the stock hovers around $77. That wasn’t a good sign, particularly as other tech stocks were performing pretty well. In other words, don't just be nimble, but tread softly. Intel Stock Is Rising Again as Wall Street Praises Change in CEOs. Mutual fund data provided by Valueline. Home Stocks Discover Portfolios Screener. Market Data & Company fundamental data provided by FactSet. It might be too difficult for Jay Powell NOT to raise rates now that the Great Reopening is upon us. Chart courtesy of TrendSpider.com Since gapping down from $64 in the first quarter of 2020, Intel stock has had quite a bit of trouble maintaining upside momentum. ... Market Turbulence, Credible FOMC?, GDP, Heavy Earnings Week, COVID in India, The Zacks Analyst Blog Highlights: Broadcom, Coca-Cola, Procter & Gamble, McDonald's and Intel, Earnings estimates are plummeting in Europe. Let's check in on the INTC charts at an important juncture. Intel was sporting strong gains early Wednesday but gave up those gains. Since gapping down from $64 in the first quarter of 2020, Intel stock has had quite a bit of trouble maintaining upside momentum. Is the dip an opportunity or will Intel shares continue to unwind? 58.43, 43.61 / Action Alerts PLUS is a registered trademark of TheStreet, Inc. stock was originally listed at a price of $17.56 in Dec 31, 1997. Stocks / United States / Semiconductors / NasdaqGS:INTC; Intel. This level has been pretty solid support so far this year. However, as we know, over the long term stock prices are usually driven by a company’s financial performance, and in Intel's case, they look quite encouraging. This week's big energy story? Always. If you had invested in Intel stock at $17.56, your return over the last 23 years would have been 234.57%, for … Intel reported that nonvolatile memory solutions revenue declined 1% to $1.2 billion, while Wall Street expected $1.08 billion. Want to be alerted before Jim Cramer buys or sells NVDA or AMD? When any resemblance of fear or risk management returns, we'll likely have a sharp, but buyable dip in quality names. Market Cap. Net income margins dropped from 29.7% to … Hold Intel Stock for More Gains. TheStreet Ratings updates stock ratings daily. Learn more now. Daily chart of Intel stock. Nvidia and Advanced Micro Devices are holdings in Jim Cramer's Action Alerts PLUS member club. Intel Corp. hardly needed more trouble, but trouble has had a way of finding the chip-making giant lately. Further, Intel stock will also have its 10-day moving average nearby. Reversing lower now on Wednesday does not paint the brightest picture, either. Smaller to mid-cap names have fared somewhat better than large cap tech, but make no mistake... there is a circle of life/death here. It's been an entertaining drama, but also a major distraction for the broader market. States / Semiconductors / NasdaqGS: INTC ) did everything right in the current market.. 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