According to TipRanks, Luria is a 4-star analyst with an average return of 8.8% and a 49.44% success rate. Luria covers the Technology sector, focusing on stocks such as Micron, Datadog, and Palantir Technologies.
Intel has an analyst consensus of Hold, with a price target consensus of $117.77, which is a 17.50% upside from current levels. In a report released on July 24, Barclays also maintained a Hold rating on the stock with a $100.00 price target.
Based on Intel’s latest earnings release for the quarter ending June 27, the company reported a quarterly revenue of $16.13 billion and a GAAP net loss of $11.03 billion. In comparison, last year the company earned a revenue of $12.86 billion and had a GAAP net loss of $2.92 billion
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INTC in relation to earlier this year. Last month, Nagasubramaniyan Chandrasekaran, the EVP, CT & Ops Off, GM Foundry of INTC sold 21,024.00 shares for a total of $2,486,508.48.
