Intel (INTC)

• Market cap: $92.7B
• 1 day: 9.25%
• 5 days: 13.58%
• 1 month: 5.14%
• 3 months: -4.23%
• 6 months: -37.64%
• Year to date: 6.28%
• 1 year: -53.34%
• 5 years: -63.94%
• 10 years: -40.45%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.

Employees: 124,800

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

8% less call options, than puts

Call options by funds: $3.81B | Put options by funds: $4.12B

5.43% less ownership

Funds ownership: 65.71% [Q2] → 60.28% (-5.43%) [Q3]

12% less funds holding

Funds holding: 2,380 [Q2] → 2,084 (-296) [Q3]

22% less funds holding in top 10

Funds holding in top 10: 18 [Q2] → 14 (-4) [Q3]

31% less capital invested

Capital invested by funds: $87.1B [Q2] → $60.3B (-$26.8B) [Q3]

42% less repeat investments, than reductions

Existing positions increased: 646 | Existing positions reduced: 1,114

63% less first-time investments, than exits

New positions opened: 155 | Existing positions closed: 419

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 7% downside
• Avg. target: $24 10% upside
• High target: $28 30% upside

8 analyst ratings

• positive: 1 13%
• neutral: 5 63%
• negative: 2 25%

Barclays Tom O'Malley 40% 1-year accuracy 18 / 45 met price target	7% upside $23	Equal-Weight Maintained	17 Jan 2025
Mizuho Vijay Rakesh 50% 1-year accuracy 38 / 76 met price target	2% downside $21	Neutral Maintained	10 Jan 2025
B of A Securities Vivek Arya 57% 1-year accuracy 60 / 105 met price target	2% downside $21	Underperform Reiterated	3 Dec 2024
Northland Capital Markets Gus Richard 56% 1-year accuracy 18 / 32 met price target	30% upside $28	Outperform Maintained	1 Nov 2024
Truist Securities William Stein 56% 1-year accuracy 22 / 39 met price target	21% upside $26	Hold Maintained	1 Nov 2024