The 12-month prediction for Intel (INTC) stock is not a straightforward one, as there are varying opinions and forecasts from different sources. Here's a summary of the key points:
- Analyst Price Targets:
- The average price target for Intel over the next 12 months is $33.41, with a high estimate of $68.00 and a low estimate of $17.001.
- The most recent average price target, as of August 13, 2024, is $23.832.
- Market Sentiment and Forecasts:
- The sentiment is bearish, with the Fear & Greed Index indicating fear3.
- Intel's stock is predicted to rise by 4.09% and reach $20.75 per share by August 19, 20243.
- Over the next 52 weeks, Intel has on average historically risen by 20.5% based on the past 51 years of stock performance4.
- Intel's Financial Performance:
- Intel's revenue growth rate year-on-year is -0.9%, and net income is -$1.65 billion as of June 30, 20245.
- The net income year-on-year growth rate is -212.29%, and the diluted EPS QoQ growth rate is -322.22%6.
- Long-Term Forecasts:
- By 2025, Intel is forecasted to reach $21.823, with a potential increase to $22.09 by 20263.
- The stock is expected to continue growing, with predictions of $27.12 by 20273, $30.05 by 20283, and $36.89 by 20303.
In conclusion, while there is a general consensus that Intel's stock will experience growth over the next 12 months, the specific target prices and market sentiment vary widely. Investors should consider these forecasts in the context of their investment strategy and risk tolerance.