Are Intel stocks a buy?
Intel stock is not a buy right now. However, it has been consolidating for the past seven months with a buy point of 68.59.
What are analysts saying about Intel?
Intel Corp (NASDAQ:INTC) The 34 analysts offering 12-month price forecasts for Intel Corp have a median target of 55.00, with a high estimate of 80.00 and a low estimate of 40.00. The median estimate represents a +10.02\% increase from the last price of 49.99.
What is the target price for Intel stock?
Stock Price Target
| High | $80.00 |
|---|---|
| Low | $40.00 |
| Average | $54.59 |
| Current Price | $51.75 |
Why did investors sell off Intel stock last summer?
Investors sold off Intel stock last summer after the company disclosed the delay in production of 7-nanometer scale processors. Its shares declined 21\% in the week after the news.
Should investors rush to buy Intel Corporation stock?
Therefore, investors shouldn’t rush to buy Intel when other chipmakers — like AMD — are riding on stronger tailwinds. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service.
Is Intel a risk-free stock to buy?
There is no such thing as a risk-free investment, but buying Intel at these rock-bottom prices is a low-risk idea. This stock is hanging out in Wall Street’s bargain bin with lots of room for long-term gains if Intel can just get back to business as usual.
What could be the next catalyst for Intel stock?
The next potential catalyst for Intel stock is likely its third-quarter earnings report, due in late October. Investors sold off Intel stock last summer after the company disclosed the delay in production of 7-nanometer scale processors. Its shares declined 21\% in the week after the news.