During the afternoon session, Intel moved 3.33%, compared to -1.48% for the S&P 500.
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, in Silicon Valley. The company is now trading -0.18% away from its average analyst target price of $27.37 per share. The 36 analysts following the stock have set target prices ranging from $17.0 to $45.0, and on average give Intel a rating of hold.
Over the last year, INTC shares have gone down by -40.8%, which represents a difference of -34.0% when compared to the S&P 500. The stock's 52 week high is $50.28 per share and its 52 week low is $23.97. With its gross margins declining an average -6.7% over the last four years, Intel may not have a strong enough business to reverse this trend.
| Date Reported | Revenue (k) | Cost of Revenue (k) | Gross Margin | YoY Growth |
|---|---|---|---|---|
| 2022-12-31 | $61,811,000 | $45,099,000 | 43.46% | -22.46% |
| 2021-12-31 | $78,168,000 | $46,217,000 | 56.05% | -1.06% |
| 2020-12-31 | $76,984,000 | $42,390,000 | 56.65% | -4.48% |
| 2019-12-31 | $71,052,000 | $36,568,000 | 59.31% | -5.51% |
| 2018-12-31 | $69,675,000 | $33,989,000 | 62.77% | n/a |
