INTC

Intel Corporation

$92.03

+2.43% 2026-10-19

Information TechnologyS&P 500

1M 3M 6M 1Y 2Y

INTCSPY

-9.2%

-15.3%

-5.2%

+40.1%

YTD

+149.4%

+148.7%

Grades vs sector

Momentum

96th pct in sector

A+

12-1 return: +200.7%
Percentile within its GICS sector across the S&P 1500.

Growth

68th pct in sector

Revenue growth (YoY): +25.4%
Percentile within its GICS sector across the S&P 1500.

Value

21st pct in sector

Forward E/P: 2.3% · EBITDA/EV: 3.4%
Percentile within its GICS sector across the S&P 1500.

Profitability

4th pct in sector

Profit margin: -19.8% · Return on equity: -10.7%
Percentile within its GICS sector across the S&P 1500.

Revisions

no data

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Held by 1 of 3 live models: Momentum Top 15.

Momentum Top 15

6.7% of the book · rank 9 of 499

Held Quality Growth

not ranked (outside this model's universe or screens)

Momentum Blend

not in the current book

Why it's in Momentum Top 15 #9 of 499

Qualified on 12-1 momentum of +166.8% (its gain from 12 months to 1 month before 2026-09-30). Ranked 9th of 499 at the 2026-09-30 rebalance.

What would knock it out: Drops out if it falls outside the top 15 at the next rebalance (Oct 30). In the latest preview (2026-10-16) it ranks 8th.

Key stats

Market cap$486.5B

P/E (trailing)–

P/E (forward)43.6

52-week range32.89 – 142.35

Revenue growth (YoY, latest qtr)+25.4%

Dividend yield0.00%

Analyst consensusBuy (43)

Mean price target$117.37 (+28%)

Valuation & fundamentals

Bottom line

Looks expensive

Model read-out from the numbers below, not advice. Score -3 (DCF counts double).

▼DCF (base case)below the price by 100%

▼Forward P/E vs sector43.6x vs median 16.9x

•Piotroski F-score6/9

▼Net debt / EBITDA173.3x

▲Analyst target+28% (43 analysts)

Discounted cash flow

CyclicalValued on average-cycle margins

Bear

$-2

-102%

growth 5% · disc. 14.0% · term. 2.0%

Base

$-0

-100%

growth 10% · disc. 13.0% · term. 2.5%

Bull

-99%

growth 13% · disc. 12.0% · term. 3.0%

Starting cash flow is mid-cycle: 2.4% average margin × current revenue = 1.4B (last 12 months: 2.8B at a 5% margin). On trailing cash flow the base case would be $4.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows more than 50% a year for 10 years.

Implied

>50%/yr

FCF, last 3 yrs

n/a

FCF, last 5 yrs

n/a

Revenue, last 3 yrs

-6%/yr

Revenue, last 5 yrs

-7%/yr

Same inputs as the DCF above: mid-cycle free cash flow 1.4B, 13.0% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-27). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 2.23 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Information Technology

P/E (trailing)

sector median 35.9×

–

Forward P/E

sector median 16.9× · 95th pct

43.6×
pricier

EV / EBITDA

sector median 20.8× · 100th pct

4,128.5×
pricier

Price / sales

sector median 4.6× · 74th pct

8.5×
pricier

Price / book

sector median 5.1× · 55th pct

5.6×
pricier

FCF yield

sector median 3.5% · 13th pct

0.6%
pricier

Forward EPS $2.11 vs trailing $-2.12. Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO

$1.8B

as of 2019-12-28

vs a year ago

-61%

YoY

× TTM revenue

0.03×

coverage

18-12

19-12

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin

38.6%

Operating margin

-0.1%

FCF margin

5.0%

Net margin

-19.8%

Return on equity

-12.9%

Return on invested capital

-0.1%

Net debt / EBITDA

173.3×

Current ratio

1.6×

Interest cover

-0.1×

Cash conversion (OCF/NI)

–

Piotroski F-score 6/9 · last two fiscal years

✗ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✓ Gross margin improved✗ Asset turnover improved

Analysts

Mean target

$117

+28%

Analysts

Buy

Range

$80–$200

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$52.9B	$-267.0M	$-4.9B
2024	$53.1B	$-18.8B	$-15.7B
2023	$54.2B	$1.7B	$-14.3B
2022	$63.1B	$8.0B	$-9.4B
2021	$79.0B	$19.9B	$10.7B
2020	$77.9B	$20.9B	$21.6B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -5.7%.

Earnings

Next report: 2026-10-29 · after close · EPS est 0.39

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-07-23	0.22	0.42	+94.6%
2026-04-23	0.01	0.29	+2108.7%
2026-01-22	0.08	0.15	+81.5%
2025-10-23	0.01	0.23	+3162.4%
2025-07-24	0.01	-0.10	-1169.5%
2025-04-24	–	0.13	+2769.8%
2025-01-30	0.12	0.13	+8.7%
2024-10-31	-0.03	-0.46	-1533.5%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$16.1B	+25.4%
2026-03-31	$13.6B	–
2025-12-31	$13.7B	–
2025-09-30	$13.7B	–
2025-06-30	$12.9B	–

Analyst actions

JP Morgan

2026-10-19 · up

Underweight → Neutral
PT $85

Mizuho

2026-10-06 · main

Neutral → Neutral
PT $114

TD Cowen

2026-09-24 · reit

Hold → Hold
PT $115

Tigress Financial

2026-09-15 · main

Buy → Buy
PT $145

Piper Sandler

2026-09-10 · init

→ Neutral
PT $110

Northland Capital Markets

2026-09-08 · up

Market Perform → Outperform
PT $120

Recent dividends

2024-08-07: $0.125 · 2024-05-06: $0.125 · 2024-02-06: $0.125 · 2023-11-06: $0.125 · 2023-08-04: $0.125 · 2023-05-04: $0.125 · 2023-02-06: $0.365 · 2022-11-04: $0.365

Insider trades

Tan Lip Bu

Director, CEO · 2026-08-11

BUY
$10.0M

None

None · None

SELL
–

None

None · None

SELL
–

Research

Momentum Top 15: the October 2026 book, a rough start, and what the backtest says to expect2026-10-18

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Why a former Intel skeptic is giving up his negative call on the stock after four years

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Stock Market Midday, Oct. 19: Tech Stocks Rebound as AI Confidence Returns

Motley Fool · 14h ago

Stats refreshed 2026-10-19 17:46:58 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Coteau Systematic StrategiesSystematic equity research and model portfolios.
Coteau Systematic Strategies publishes research, model portfolios and tools. It does not manage money or offer investment advice. Model results are hypothetical. Data: Yahoo Finance (delayed), SEC EDGAR.

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