Intel Corp (INTC)
Information Technology · Semiconductors · US stock · S&P 500 component
$85.49
▼ -7.47 (8.04%)
Fair valueOvervalued
$63 −26.0% to fair value
$32fair band $54–$77$95
Day's range
$84.65 – $89.19
52-week range
$32.89 – $142.35
Red flags⚠ Heavy dilution⚠ Heavy dilution⚠ Heavy dilution⚠ Heavy dilution⚠ Heavy dilution
About Intel Corp
Semiconductors are what Intel designs and manufactures. Its products include processors for personal computers and servers, networking chips and related platforms, and it operates a foundry business that makes chips for itself and for outside customers. Customers include computer makers, cloud and data centre operators, network equipment makers and industrial and embedded device companies. The company reports its activity in product and foundry units.
Revenue of $57.0 billion over the last twelve months comes from supplying processors and related products to computer makers and cloud operators. Revenue has changed at -5.7% a year across the last three years, a decline. The operating margin is -0.1% and the business earns 0% on the capital invested in it, which is effectively nothing. No dividend is paid. On the site's X-Ray Score it receives 17 out of 100.
Price chart
52-wk range $32.89 – $142.35Volume 133,529,950Daily, split-adjusted
Vitals
Market cap$436.3B
52-week range$32.89 – $142.35
Volume (last day)133,529,950
P/E (TTM)–
EBIT / EV yield0.0%
Free-cash-flow yield0.6%
Dividend yieldNo dividend
Revenue (TTM)$57.0B
Net income (TTM)−$11.3B
Operating margin-0.1%
Return on capital-0.1%
Debt incl. leases$50.5B
Cash & securities$29.7B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$63middle half of models $54 – $76
Overvalued
−26.0% to fair value
Average of the 4 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $85
Undervalued < $54Fair $54 – $77Overvalued > $77
P/B multiple
$57
P/S multiple
$76
EV/revenue multiple
$77
10-year DCF, revenue exit · not used
$20
5-year DCF, revenue exit
$43
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
13/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield0.0%
Free-cash-flow yield0.6%
Fair value vs price0.7×
Growth
Weak
6/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-5.7%
Growth consistency50%
Profitability
Weak
20/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital-0.1%
Operating margin-0.1%
Gross profitability10.9%
Financial health
Weak
30/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Interest cover-0.1×
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
-0.4%
Mar '25
+0.2%
Jun '25
+2.8%
Sep '25
-4.1%
Dec '25
+7.2%
Mar '26
+25.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $16.1B, diluted EPS $-2.16.
Compare with peers
MU Micron Technology Inc79 FSLR First Solar, Inc.70 NVDA Nvidia Corp67 AVGO Broadcom Inc.60Other Semiconductors companies by X-Ray Score.
SWOT analysis: Intel Corp
Strengthsinside the company
- No standout strength in the figures we track.
Weaknessesinside the company
- Return on invested capital is only -0.1% (median 16.7% for industry peers), so the business earns little above its cost of capital.
- Operating margin of -0.1% is thin against 29.5% for industry peers.
- Revenue has fallen 5.7% a year over three years while industry peers grew 5.8%.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Information Technology as favourable.
Threatsvaluation and setting
- The price is 26% above our fair value estimate, so there is little room for disappointment.
- Earnings in Semiconductors follow the industry cycle, so margins and profits can swing from year to year.
- Our checks raised: Heavy dilution; Heavy dilution.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare INTC with peers and sector
Medians of 14 Semiconductors peers and of 74 Information Technology stocks in our universe.
Largest peers (X-Ray Score): NVDA 67, AVGO 60, MU 79, AMD 48, TXN 44, MRVL 31.
| Metric | INTC | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 17 | 46 | 50 |
| Valuation | 13 | 33 | 52 |
| Growth | 6 | 44 | 54 |
| Profitability | 19 | 45 | 50 |
| Financial health | 30 | 61 | 50 |
| Dividends | – | 53 | 50 |
Sector leaders: highest X-Ray Score in Information Technology
INTC ranks #75 of 75 in Information Technology and #15 of 15 in Semiconductors by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for INTC
Each factor is rated by where INTC stands among the 75 Information Technology stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 3 Good · 4 Average · 10 Bad of 17
Growth: 0 · 0 · 2
Profitability: 0 · 0 · 5
Financial strength: 0 · 2 · 1
Valuation: 1 · 1 · 1
Cash flow: 1 · 0 · 1
Efficiency: 1 · 1 · 0
| Factor | INTC | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | −5.7% | Bad beats 5% | +9.7% | – | – |
| Revenue growth, last year | −0.5% | Bad beats 6% | +13.7% | −2.1% | ≈ In line |
| Profitability | |||||
| Gross margin | 38.6% | Bad beats 18% | 57.8% | 40.0% | ≈ In line |
| Operating margin | -0.1% | Bad beats 2% | 20.3% | 0.2% | ≈ In line |
| Net margin | -19.8% | Bad beats 2% | 17.8% | 3.1% | ▼ Worse |
| Return on invested capital | -0.1% | Bad beats 2% | 19.4% | – | – |
| Return on equity | -12.9% | Bad beats 2% | 21.0% | 1.6% | ▼ Worse |
| Financial strength | |||||
| Interest cover | -0.1x | Bad beats 2% | 23.0x | 0.1x | ≈ In line |
| Current ratio | 1.60 | Average beats 51% | 1.57 | 1.57 | ≈ In line |
| Piotroski F-score | 6 / 9 | Average beats 43% | 6 / 9 | – | – |
| Valuation | |||||
| Price / book | 5.0x | Good beats 76% | 8.3x | 1.4x | ▼ Worse |
| Price / sales | 7.7x | Average beats 45% | 6.9x | 2.7x | ▼ Worse |
| Free cash flow yield | 0.6% | Bad beats 9% | 3.4% | -6.7% | ▲ Better |
| Cash flow | |||||
| Free cash flow margin | 5.0% | Bad beats 10% | 22.3% | -14.9% | ▲ Better |
| Accruals (lower is better) | −13.0% | Good beats 93% | −4.4% | – | – |
| Efficiency | |||||
| Inventory turnover | 2.8x | Average beats 39% | 3.9x | 2.9x | ≈ In line |
| Days sales outstanding | 26 days | Good beats 94% | 63 days | 24 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 1 Good · ● 2 Average · ● 10 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioAverage
Interest coverBad
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 17/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $79.0B | $63.1B | $54.2B | $53.1B | $52.9B |
| Operating income | $19.5B | $2.3B | $93M | −$11.7B | −$2.2B |
| Net income | $19.9B | $8.0B | $1.7B | −$18.8B | −$267M |
| Operating cash flow | $29.5B | $15.4B | $11.5B | $8.3B | $9.7B |
| Operating margin | 24.6% | 3.7% | 0.2% | -22.0% | -4.2% |
| Free cash flow | $10.7B | −$9.4B | −$14.3B | −$15.7B | −$4.9B |
| Diluted EPS | $4.86 | $1.94 | $0.40 | $-4.38 | $-0.06 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 95.44 | Bearish |
| EMA 10 | 95.51 | Bearish |
| SMA 20 | 105.9 | Bearish |
| EMA 20 | 100.7 | Bearish |
| SMA 50 | 102.5 | Bearish |
| EMA 50 | 103.1 | Bearish |
| SMA 100 | 106.1 | Bearish |
| EMA 100 | 99.98 | Bearish |
| SMA 200 | 85.59 | Bearish |
| EMA 200 | 87.25 | Bearish |
Oscillators (daily)
| RSI (14) | 30.47 | Neutral |
| MACD (12, 26) | -4.98 | Bearish |
| Momentum (12) | -24.01 | Bearish |
| Stochastic %K (14) | 2.52 | Bullish |
| Williams %R (14) | -97.48 | Bullish |
| CCI (20) | -124.3 | Bullish |
Pivot points (classic, last session)
S3 79.15 | S2 81.90 | S1 83.70 | Pivot 86.44 | R1 88.24 | R2 90.98 | R3 92.78 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.00 USD
Yield on today's price
–
Frequency
None in the last year
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.1250 | |
| 0.1250 | |
| 0.1250 | |
| 0.1250 | |
| 0.1250 | |
| 0.1250 | |
| 0.3650 | |
| 0.3650 | |
| 0.3650 | |
| 0.3650 | |
| 0.3650 | |
| 0.3475 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold INTC
| ETF | Share of the fund |
|---|---|
| FTXL First Trust Nasdaq Semiconductor | 13.28% |
| XNTK SPDR Morgan Stanley Technology | 7.51% |
| IGPT Invesco AI and Next Gen Software | 7.11% |
| SOXX iShares Semiconductor | 6.33% |
| SOXQ Invesco PHLX Semiconductor | 6.28% |
| JTEK JPMorgan U.S. Tech Leaders | 5.21% |
| SMH VanEck Semiconductor | 5.15% |
| CHPY YieldMax Semiconductor Portfolio Optio... | 4.52% |
The eight funds with the largest weight in INTC among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
INTC stock splits
INTC has split its stock 5 times since 1993. The latest was a 2-for-1 split on 31 Jul 2000.
Full INTC stock split history →INTC SEC filings
8-KSEC EDGAR
Regulation FD disclosure; Other events
424B5SEC EDGAR
424B5
424B5SEC EDGAR
424B5
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Shareholder vote results
8-KSEC EDGAR
Other events
424B5SEC EDGAR
424B5
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.