Intel Corp. Wants to Be a $300 Billion Company
The Oregonian recently got ahold of internal Intel (NASDAQ: INTC) documents that go over the company's ambition to become a much more valuable company than it currently is.
Per the document, Intel management aims to increase the company's market capitalization to $300 billion, up from approximately $191 billion today. Translating that into a stock price, Intel's gunning for a price of $63 per share (assuming no change in share count between now and then). Let's go over the key financial goals that management laid out in that document.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€18.94
0.550%
Our community is currently high on Intel Corp. with 24 Buy predictions and 16 Sell predictions.
With a target price of 38 € there is potential for a 100.68% increase which would mean more than doubling the current price of 18.94 € for Intel Corp..
