Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments. The company was founded in 1968 and is based in Santa Clara, California.
INTC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Intel Corp. To summarize, we found that Intel Corp ranked in the 43th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 18.83%. As for the metrics that stood out in our discounted cash flow analysis of Intel Corp, consider:
Intel Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -111.61. This coverage rate is greater than that of only 1.7% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 10. This value is greater than 84.41% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as INTC, try LFUS, ADI, EXLS, MTCH, and AMAT.
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Bespoke Investment Group on Seeking Alpha | July 7, 2020
Citing channel checks showing weak PC demand, Goldman Sachs downgrades Intel (INTC) from Neutral to Sell and lowers the target from $65 to $54.The firm's checks showed "a slowdown in PC builds in 2H20 and continued share loss for Intel in the client and server CPU markets."Goldman notes that Intel...
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