Intel Corporation with ticker code (INTC) have now 35 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 74 and 20 with a mean TP of 40.82. Given that the stocks previous close was at 32.26 this indicates there is a potential upside of 26.5%. The day 50 moving average is 36.73 and the 200 moving average now moves to 44.96. The market cap for the company is $131,064m. You can visit the company’s website by visiting: https://www.intel.com
The potential market cap would be $165,840m based on the market concensus.
Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products. The company also provides high-performance compute solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, it offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. The company serves original equipment manufacturers, original design manufacturers, and cloud service providers. Intel Corporation has a strategic partnership with MILA to develop and apply advances in artificial intelligence methods for enhancing the search in the space of drugs. The company was incorporated in 1968 and is headquartered in Santa Clara, California.
