What to Expect From Intel's Q2 Report
Shares of Intel (NASDAQ: INTC) are languishing at the lower end of their 52-week range after failing to gain any traction this year. The chip giant has struggled thanks to a variety of challenges including a declining PC market, market share loss in central processing units (CPUs), and stiff competition in emerging technologies such as driverless cars.
Intel investors will be hoping to see some relief when the company releases its fiscal second-quarter results after the market closes on July 27. But will Chipzilla be able to deliver or will its struggles continue? Here's what investors should expect from the company's upcoming results.
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Source: Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 23 Buy predictions and 12 Sell predictions.
As a result the target price of 38 € shows a positive potential of 32.54% compared to the current price of 28.67 € for Intel Corp..