Intel Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Intel Corporation (NASDAQ:INTC) is set to release its Q3 financial results on Oct. 26, 2023. Analysts predict a decrease in earnings and revenue compared to the previous year. The company's shares fell 5.1% to close at $32.83 on Wednesday. Several analysts have recently revised their ratings and price targets for Intel, with varying levels of accuracy.
October 26, 2023 | 1:49 pm
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NEGATIVE IMPACT
Intel's upcoming Q3 results are expected to show a decrease in earnings and revenue. The company's stock price recently fell, and analysts have revised their ratings and price targets.
The expected decrease in Intel's earnings and revenue for Q3, along with the recent drop in its stock price, could negatively impact investor sentiment. Additionally, the varying analyst ratings and price targets may create uncertainty among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100