Is Intel a good AI stock? (2024)

Is Intel a good AI stock?

1. Intel. It hasn't been easy to be an Intel (NASDAQ: INTC) investor in recent years, with its stock down 27% since 2022. However, the company has made significant changes to its business model over the last year that could make it an attractive long-term option for investing in AI.

What is the best AI stock to invest in?

7 best-performing AI stocks
TickerCompanyPerformance (Year)
NVDANVIDIA Corp221.39%
SYMSymbotic Inc53.19%
UPSTUpstart Holdings Inc46.67%
PRCTProcept BioRobotics Corp41.03%
3 more rows
6 days ago

What is the AI prediction for Intel stock?

Intel (INTC) has an AI Score of 9/10 (Buy) because its overall probability of beating the market (S&P 500) in the next 3 months (38.24%) is +6.25% vs. the average probability (31.99%) of US stocks analyzed by our Artificial Intelligence.

Is Intel stock a good buy right now?

Intel's P/E ratio of 105 exceeds Nvidia's 76, suggesting Intel's current stock price is already lofty. Corroborating this is the prediction among Wall Street analysts of a median price target of $45.07 for Intel stock. This illustrates a belief among analysts of little upside for Intel shares right now.

Where will Intel stock be in 5 years?

Intel stock price stood at $34.20

According to the latest long-term forecast, Intel price will hit $40 by the end of 2024 and then $50 by the middle of 2025. Intel will rise to $60 within the year of 2026, $70 in 2027, $80 in 2028, $85 in 2029, $90 in 2030, $95 in 2031, $100 in 2032 and $110 in 2034.

Which AI stock has the most potential?

3 Artificial Intelligence Stocks With More Potential Than Any Cryptocurrency
  1. Nvidia. Nvidia (NVDA -10.01%) shares already have soared in the triple digits over the past year, but this top AI stock still may have plenty of room to run. ...
  2. Alphabet. ...
  3. Meta Platforms.
5 days ago

Which company is number 1 in AI?

Microsoft

Does Intel stock have a future?

Based on 34 Wall Street analysts offering 12 month price targets for Intel in the last 3 months. The average price target is $44.21 with a high forecast of $68.00 and a low forecast of $17.00. The average price target represents a 26.17% change from the last price of $35.04.

Is Intel a good buy in 2024?

The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short May 2024 $47 calls on Intel.

Is Intel projected to grow?

Over the long term, Intel aims to grow its adjusted gross margin from 44% in 2023 to 60% and expand its adjusted operating margin from 9% to 40%. Those are ambitious targets, but analysts expect adjusted EPS to increase by 28% in 2024 and 67% in 2025 as it upgrades its plants and economies of scale kick in.

Why should I invest in Intel?

The AI chips growth trend, particularly in AI-PC chips, may lead to further market excitement. Intel's Gaudi3 AI accelerators aim to challenge Nvidia's dominance, with potential in AI-compatible CPUs. Intel could ship up to 100 million AI-PC CPUs by 2025.

Is Intel a buy hold or sell?

Intel stock has received a consensus rating of hold. The average rating score is A3 and is based on 27 buy ratings, 51 hold ratings, and 20 sell ratings. What was the 52-week low for Intel stock?

Is Intel stock good for long term?

Intel (INTC) remains a key player in the world of chips, whether investors pay attention or not. The company's recent chip fabrication investments are worth considering, for those with a long-term investing lens.

Will Intel reach $100 dollars?

INTC Stock: $100 Might Come Sooner Than You Think

It's just foolish to bet against a company with such strong public-sector financial backing. With that funding, Intel may be able to leapfrog ahead of its chipmaking competitors in the U.S. Hence, Chowdhry's $100 Intel share-price target isn't entirely unrealistic.

Why is Intel stock tanking?

Investors didn't like what they saw, though: Intel's foundry business lost nearly $7 billion last year -- losses 35% worse than in 2022, with 31% worse sales -- and the semiconductor cycle hasn't even "troughed" yet.

What will Intel stock be worth in 2030?

If Intel turns around its business, meets Wall Street's expectations, and boosts its bottom line at a steady compound annual growth rate (CAGR) of 25% from 2025 to 2030, its adjusted earnings could climb to $6.85 per share by the final year.

What are the top 5 AI stocks?

Compare the best AI companies
Company (Ticker)SectorMarket Cap
Symbotic (SYM)Industrials$25.02B
MicroStrategy (MSTR)Technology$25.11B
Nvidia (NVDA)Technology$2.20T
C3.ai (AI)Technology$2.74B
2 more rows

What is the best AI stock to buy under $5?

Some of the best AI stocks that you can buy with less than $5 are Nerdy (NRDY), BigBear.ai Holdings (BBAI) and FiscalNote (NOTE). These stocks are poised to see considerable growth in the future.

Does Warren Buffett own any AI stocks?

Buffett owns two AI stocks in his Berkshire Hathaway portfolio. He has positions in six other AI leaders thanks to Berkshire subsidiary New England Asset Management. All eight AI stocks could deliver solid long-term returns, but three are the most likely big winners.

What are the best AI stocks to buy in 2024?

The Best AI Stocks of April 2024
Company (TICKER)1-Year Return
Amazon.com, Inc. (AMZN)76%
ServiceNow, Inc. (NOW)64%
Palo Alto Networks, Inc. (PANW)36%
UiPath, Inc. (PATH)23%
6 more rows
Apr 3, 2024

What are the top 3 AI companies?

Top AI Companies To Know
  • OpenAI.
  • Google.
  • IBM.
  • Microsoft.
  • NVIDIA.
  • Amazon.
  • Anthropic.
  • Anduril.

Should I hold Intel stock?

Valuation metrics show that Intel Corporation may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of INTC, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B.

Why Intel is so undervalued?

INTC is currently trading at a poor value due to investors paying more than what the stock is worth in relation to its earnings. INTC's trailing-12-month earnings per share (EPS) of 0.40 does not justify its share price in the market.

Why did Intel stock fall so much?

Intel shares fall after company reveals $7 billion operating loss in foundry business. Intel shares fell more than 4% in extended trading Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, commonly called the foundry business, in an SEC filing.

Why Intel stock is not growing?

Intel Stock: Questionable Valuation and Growing Debt Problem

Furthermore, the company has a looming debt problem. Intel's long term debt increased by 24.66% to $46.97 billion from the 2022 levels. The company is currently burning through a ton of cash, and there is no sign that it will slow down anytime soon.

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