Key takes
Intel (Intc) plans to report the results of the fourth quarter after the market is closed on Thursday, and analysts hope that chip manufacturers will lose.
Of the 13 analysts that cover the inventory tracked by Visible Alpha, 12 will issue “hold” or equivalent evaluation, and one will give the stock a “sales” rating. The $ 24 consensus price target suggests a 15 % upside of $ 20.29 on Monday.
Chip manufacturers are expected to report the 4th quarter of the $ 13.8 billion, which decreased by 10 % year -on -year, and 14 cents per share. One year ago.
Analysts speculate that Broadcom could buy Intel
The result is that Intel was a recent acquisition machine based on an anonymous report from Semiaccurate earlier this month. When the city analyst says that Broadcom (AVGO) is regarded as the “most likely company”, he is interested in purchasing Intel, and rival chip manufacturers sell the Foundry business that Intel is struggling. I added that there was a possibility. In addition, the company’s fourth quarter was the first since the CEO Pat Gelsinger resigned last month.
Intel has a market capitalization of more than $ 87 billion, but stock prices have lost more than half in the last 12 months. The company’s shares have ended more than 2.5 % in Monday transactions.
