Where Will Intel Stock Be in 5 Years?
Shares of chip giant (NASDAQ: INTC) have been stuck in the doldrums for the past few years. The company has been losing market share to rival AMD, and its multi-year plan to become one of the world's largest foundries is still in its early stages and has yet to pay off financially. Throw in a deep downturn in the PC market that wrecked the company's profit, and it's not surprising that Intel stock has taken a beating.
While it may seem tough to be optimistic about Intel's prospects, the company has the potential to look very different five years from now.
There are two things that investors need to know about Intel as it navigates a changing semiconductor industry over the next five years.
Source Fool.com
Intel Corp. Stock
€20.46
-0.170%
Currently there is a rather positive sentiment for Intel Corp. with 31 Buy predictions and 12 Sell predictions.
As a result the target price of 37 € shows a very positive potential of 80.88% compared to the current price of 20.46 € for Intel Corp..
