Intel stock was down 7.2% to $53.47 in after-hours trading following the report. Intel reported first-quarter net income of … No, probably not. Bitcoin Corrects 27%, Oh No! 3 Reasons to Buy ASML After Its Q1 Earnings Beat, Forget Dogecoin: Buy These 3 Disruptive Stocks Instead, Corsair Gaming Makes a Smart Move to Woo PC Gamers, As Competition Heats Up, Intel's Data Center Sales Plunge 20%, Here's Why Intel Stock Crashed After a Great Q1 Report, 4 Top Stock Trades for Monday: SNAP, INTC, HON, INO, This Rising Star Gave the Nasdaq a Boost Even as Intel Missed the Rally. The company is holding a conference call for investors and analysts at 5 p.m. E.T. Reddit’s r/WallStreetBets Wants to Send MVIS to $100. Historical and current end-of-day data provided by FACTSET. EU legal complaint against AstraZeneca heard in Brussels court, India’s COVID deaths officially surge past 200,000, but experts warn of ‘serious undercounting’, No decision yet on whether to link cannabis-banking bill to other priorities, Brown says, Shopify’s stock gains after revenue more than doubles, Intel stock falls 2.7% to pace the Dow's premarket decliners after Q1 results late Thursday, AMD’s market-share grab from Intel is just the beginning, analysts say, but watch out for a price war, Should you buy Nvidia stock? By contrast, Intel closed 16% lower and was the weakest stock in the. Here Is What to Expect. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. But Intel's stock plunged 10% in late trades after the company said production problems will delay the rollout of its next generation of chips. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. The Intel 52-week high stock price is 68.49, which is 15.6% above the current share price. Outside of 2009, when the multiple was artificially higher due to a steep drop in earnings, the price-to-earnings multiple has never averaged higher than 13.8 over the last decade. Intel closed down $3.16 per share, translating into roughly $16 billion in market value. "Intel had manufacturing issues with the 7-nanometer transistors, so there will be a delay in the release of the chips that include those transistors," said David Madden, market analyst at CMC Markets. Why is that? All rights reserved. Intel expects sales of $18.2 billion, down 5% from the prior year, and predicts earnings per share at $1.10, which would be a 22% yearly decline. Bitcoin Is Getting Crushed. AMD Stock Jumped on Great Earnings. Short Sellers Are Playing with Fire. Intel suffers the biggest dollar drop Half a company disappeared, or half its market capitalization anyway. The NSG segment constitutes of NAND flash memory products primarily used in solid-state drives. The firm operates through the following segments: Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Programmable Solutions (PSG), and All Other. There are currently no items in this Watchlist. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. If Intel’s stock can trade with this multiple by 2024, then valuation will add 3.4% to annual returns over this period of time. Find the latest Intel Corporation (INTC) stock quote, history, news and other vital information to help you with your stock trading and investing. But Intel stock is down today, falling 6.7% as of 10 a.m. EDT. Wall Street Is Still Upbeat. Intel stock drops on manufacturing shock Analysts say the chip-maker's potential move to outsource more manufacturing is like a significant admission of failure. The biggest takeaway today is that Intel is lowering its outlook for the year. [WATCH] Is It Time to Sell Intel and Buy These Two Stocks Instead? Why There’s Turmoil in the Crypto Markets. Intraday data delayed at least 15 minutes or per exchange requirements. More From The Motley Fool . Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. INTC stock has gained on account of a lower drop in personal computer (PC) business and healthy demand by cloud companies. Intel Corporation ( NASDAQ:INTC ) stock pointed down ahead of Friday’s open despite a 20% increase in 2Q revenue and chief executive Bob Swan calling it “an excellent quarter”. Image source: Getty Images. Updated Jun 25, 2019. So what. Here’s What the Rest of 2021 Could Look Like. Should Intel Be Worried? Looking ahead. Intel’s shares tumbled as much as 18% Friday morning. Intel’s data-center customers may be ‘digesting,’ but AMD’s buffet is wide open, Intel Corp. stock underperforms Tuesday when compared to competitors, Intel Corp. stock underperforms Monday when compared to competitors. What predictions are top-rated research analysts making about Intel (NASDAQ:INTC)? Matthew Fox. INTC stock notched its all-time high of … Intel (NASDAQ: INTC) has fallen over 33% from its 52-week peak high. The CCG segment consists of platforms designed for notebooks, 2-in-1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. Nvidia on … Create a list of the investments you want to track. Intel has exposure to China. Intel and AMD drop after Nvidia unveils plans to sell new CPU processors. Amid Chip Shortage Taiwan Semiconductor Invests for the Future, Intel Corp. stock falls Friday, underperforms market, U.S. stocks rebound to end week close to record on upbeat economic data and earnings, Intel stock suffers worst day of the year after analysts point to AMD as a reason for data-center weakness, Global chip shortages to last 2 more years: Intel CEO, Intel Says Global Chip Shortages to Last Two More Years as Car Makers Endure. The average Intel stock price for the last 52 weeks is 55.39. Intel's shares are on track to put an end to a three-week winning streak, as. By using this site you agree to the View real-time stock prices and stock quotes for a full financial overview. Disclaimer. Copyright © 2021 MarketWatch, Inc. All rights reserved. However, a lower-than-expected revenue guidance for … We have a 2024 target price-to-earnings ratio of 13 for the stock. Intel stock’s rise since late 2018 came due to a 10% rise in revenues, from $71 billion in 2018 to $78 billion in 2020. Visit a quote page and your recently viewed tickers will be displayed here. INTC | Complete Intel Corp. stock news by MarketWatch. The company did beat analyst expectations for the second quarter, however. That's a loss of about ten years' worth of gross profit that it would've otherwise been able to count on from Apple, which is probably appropriate. Updated 2009 GMT (0409 HKT) July 24, 2020. 3 Bounce-Back Stock Candidates to Watch. Here are the key numbers to look at now. Why NVIDIA's Data Center Move Should Give AMD and Intel Sleepless Nights. The shares fell as much as 7.5% to $57.90 as trading opened Friday in New York. The PSG segment contains programmable semiconductors and related products for a broad range of markets, including communications, data center, industrial, military, and automotive. 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