Intel (INTC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this world's largest chipmaker have returned -12.8% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Semiconductor - General industry, to which Intel belongs, has gained 17.4% over this period. Now the key question is: Where could the stock be headed in the near term?While media relea ...

Intel (INTC 0.43%) and Taiwan Semiconductor Manufacturing (TSM -0.24%) are two of the world's largest chipmakers, yet their stocks have gone in opposite directions over the past month. Intel's stock has declined 13%, while TSMC's shares have advanced 13%.Both of these stocks made big moves after their latest earnings reports in January. Intel's shares sank after it provided gloomy guidance for the first quarter, yet TSMC's stock rallied after it provided a much brighter outlook for the same period. Let's se ...

Shares in Intel (INTC 0.43%) are down nearly 13% since Jan. 25 when it reported fourth quarter of 2023 earnings. The company posted revenue growth of 10% year over year, beating Wall Street estimates by $230 million. During the quarter, Intel enjoyed significant gains from a recovering PC market.However, that wasn't enough to overshadow weak guidance that sent its stock tumbling. Intel expects Q1 2024 earnings to reach $0.13 per share when analysts forecasted $0.42 per share. Meanwhile, the company projects ...

Earnings season continues to be hit and miss. Some companies’ Q4 results exceed Wall Street expectations, sending their stock soaring. Yet other stocks plunge on big misses and disappointing guidance. However, the companies that are failing to hit their targets and issuing weak outlooks for the year ahead seem to be missing by big amounts. Analysts and investors don’t seem to be in a forgiving mood, sending the share prices of many companies down more than 10% immediately after their Q4 numbers and guidance ...

Key PointsIntel had an excellent Q4, but the outlook for Q1 has analysts resetting their targets. Growth and margin improvement is expected but less in Q1 than the previous forecast, with strength not appearing until late in the year. Intel's stock price is at a critical turning point that could lead to range-bound trading in 2024.  5 stocks we like better than IntelIntel's NASDAQ: INTC Q4 results and guidance for Q1 were mixed, to say the least, giving ample reason for the market to sell off, but the depth ...

Key TakeawaysThe S&P 500 slipped less than 0.1% on Friday, Jan. 26, 2024, ending its streak of record closes as the rally in the technology sector lost steam.Shares of Intel tumbled after the computing giant issued a weaker-than-expected forecast for 2024, citing softness at its programmable chip unit.American Express shares jumped to an all-time high as the credit card provider delivered strong full-year guidance and increased its dividend.U.S. equities indexes were mixed on Friday. Inflation watchers rece ...

In today's video, I discuss recent news impacting Intel (INTC -11.91%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of Jan. 26, 2024. The video was published on Jan. 26, 2024. ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Intel CEO Pat Gelsinger speaks during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023.Intel shares slumped 12% on Friday and headed for their steepest drop since July 2020, after the chipmaker issued a forecast for the current quarter that came in far short of analysts' estimates. In its earnings report late Thursday, Intel beat on profit and revenue, but the chipmaker said it expected adjusted earnings of 13 cents per share this quarter on between $12.2 billion and $13.2 billion in sales ...

Intel (INTC -10.89%) stock is sinking in Friday's trading. The semiconductor company's share price was down 11.3% as of 10:30 a.m. ET, according to data from S&P Global Market Intelligence.Intel published its fourth-quarter report after the market closed yesterday, and it actually delivered sales and earnings for the period that came in ahead of the market's expectations. But the company issued forward guidance that spooked Wall Street, and the stock is getting hammered in today's daily session.With soft Q1 ...