Earnings and Analyst Expectations - Intel is expected to report a fourth-quarter revenue of $13.8 billion, a 10% year-over-year decline [2] - The company is anticipated to post a net loss of $710 million, or 14 cents per share, compared to earnings of $2.66 billion, or 63 cents per share, in the same quarter last year [2] - 12 out of 13 analysts tracked by Visible Alpha have issued "hold" or equivalent ratings, with one "sell" rating, and a consensus price target of $24, implying a 15% upside from Monday's closing price of $20.29 [1] Market Performance and Valuation - Intel's market capitalization stands at over $87 billion, but the stock has lost more than half its value over the past 12 months [4] - Shares of Intel declined by more than 2.5% in Monday trading [4] Takeover Speculation and Leadership Changes - Intel has been the subject of recent takeover speculation, with Citi analysts suggesting Broadcom as the most likely potential buyer, possibly interested in acquiring Intel's struggling foundry business [3] - The fourth-quarter results will be the first since Intel's CEO Pat Gelsinger stepped down last month [3]
What Analysts Think of Intel Stock Ahead of Earnings