Intel (INTC) Reports Q4 Beat, Shares Down 2% on Guidance Miss

Intel (INTC) PT Lowered to $53 at Mizuho Securities

January 27, 2022 6:51 AM EST

Mizuho Securities analyst Vijay Rakesh lowered the price target on Intel (NASDAQ: INTC) to $53.00 (from $55.00) while maintaining a Neutral rating.

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Intel (INTC) Raises Quarterly Dividend 5% to $0.365; 2.8% Yield

January 26, 2022 4:37 PM EST

Intel (NASDAQ: INTC) declared a quarterly dividend of $0.365 per share, or $1.46 annualized. This is a 5% increase from the prior dividend of $0.3475.

The dividend will be payable on March 1, 2022, to stockholders of record on February 7, 2022, with an ex-dividend date of February 4,... More

Intel posts record quarterly revenue, sees supply strains through year

January 26, 2022 4:08 PM EST

By Jane Lanhee Lee and Chavi Mehta

(Reuters) -Chipmaker Intel Corp posted record fourth-quarter revenue, but forecast first-quarter earnings short of Wall Street expectations, as the world's largest chipmaker faces challenges linked to persistent global supply chain problems.

Intel shares, which initially fell about 3% in late trade, recovered some ground after the company expressed confidence in demand for its chips and the ability to manage supply chain constraints.

However, Chief Executive Officer Patrick Gelsinger said on a conference call that he expected those constraints to persist this year and into next year as the "unprecedented demand" for chips... More

Intel (INTC) Tops Q4 EPS by 19c, Q1 Guidance Missed

January 26, 2022 4:02 PM EST

Intel (NASDAQ: INTC) reported Q4 EPS of $1.09, $0.19 better than the analyst estimate of $0.90. Revenue for the quarter came in at $20.5 billion versus the consensus estimate of $18.32 billion.

GUIDANCE:

Intel sees Q1 2022 EPS of $0.80, versus the consensus of $0.86. Intel sees Q1 2022... More