Please disable Ad Blocker before you can visit the website !!!

Intel Long

by SignalFactory   ·  April 21, 2021 | 11:57:16 UTC  

Intel Long

by SignalFactory   ·  April 21, 2021 | 11:57:16 UTC  

Intel Corp. — like every other major chip maker — will have its quarterly earnings report probed for how quickly the industry is managing to ease supply issues that have plagued semiconductor customers for most of COVID-19.

Intel INTC, -1.46% is scheduled to report first-quarter earnings on Thursday after the close of markets. The report will be the first with Pat Gelsinger officially presiding as chief executive after the newly announced successor to Bob Swan spoke on the conference call last quarter about his assessment of the company’s turnaround plans.

Gelsinger has already made waves since taking over. He announced an ambitious manufacturing expansion plan last month and, more recently, told Reuters that Intel was in talks with companies that design chips for automakers to start manufacturing those chips for them to resolve widespread supply shortages.

While those plans have drawn praise from most of the investment community, they’re starting to get some pushback from analysts who are wondering if Intel can turn the aircraft carrier around in time. This past Thursday, Intel’s stock received a downgrade to “underperform” from Raymond James’s Chris Caso on concerns that the chip maker’s path to regaining its former glory may come up short.

First-quarter results aren’t expected to show an immediate turnaround for Intel as revenue looks to decline year-over-year for a third-straight quarter, and earnings are expected to drop off significantly from a year ago. That’s a big reason investors will be more interested in hearing more about Gelsinger’s long-term plans and how Intel can take advantage of the current semiconductor shortage to find a needed boost.

What to look for?

Earnings: Of the 35 analysts surveyed by FactSet, Intel on average is expected to post adjusted earnings of $1.15 a share, which would be down from $1.45 a share reported in the year-ago quarter. Intel forecast $1.10 a share. Estimize, a software platform that uses crowdsourcing from hedge-fund executives, brokerages, buy-side analysts, and others, calls for earnings of $1.22 a share.

Revenue: Wall Street expects revenue of $17.79 billion from Intel, according to 30 analysts polled by FactSet. That would be down from the $19.83 billion reported in the year-ago quarter. Intel predicted revenue of about $17.5 billion. Estimize expects revenue of $19.23 billion.

Analysts expect revenue from client-computing, the traditional PC group, to come in at $10.17 billion, data-center sales of $5.89 billion, nonvolatile memory solutions revenue of $487.1 million, “Internet of Things,” or IoT, the revenue of $899 million, and Mobileye revenue of $337.7 million.

Intel Long (Buy)

ENTER AT: 63.71

T.P_1: 67.99

T.P_2: 70

T.P_3: 73.27

T.P_4: 76.07

T.P_5: 80

S.L: 58.40

All information on this website is of a general nature. The information is not adapted to conditions that are specific to your person or entity. The information provided can not be considered as personal, professional or legal advice or investment advice to the user. This website and all information is intended for educational purposes only and does not give financial advice. Signal Factory is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities. Signal Factory does not offer, operate or provide financial, brokerage, commercial or investment services and is not a financial advisor. Rather, Signal Factory is an educational site and a platform for exchanging Forex information. Whenever information is disclosed, whether express or implied, about profit or revenue, it is not a guarantee. No method or trading system ensures that it will generate a profit, so always remember that trade can lead to a loss. Trading responsibility, whether resulting in profits or losses, is yours and you must agree not to hold Signal Factory or other information providers that are responsible in any way whatsoever. The use of the system means that the user accepts Disclaimer and Terms of Use. Signal Factory is not represented as a registered investment consultant or brokerage dealer nor offers to buy or sell any of the financial instruments mentioned in the service offered. While Signal Factory believes that the content provided is accurate, there are no explicit or implied warranties of accuracy. The information provided is believed to be reliable; Signal Factory does not guarantee the accuracy or completeness of the information provided. Third parties refer to Signal Factory to provide technology and information if a third party fails, and then there is a risk that the information may be delayed or not delivered at all. All information and comments contained on this website, including but not limited to, opinions, analyzes, news, prices, research, and general, do not constitute investment advice or an invitation to buy or sell any type of instrument. Signal Factory assumes no responsibility for any loss or damage that may result, directly or indirectly, from the use or dependence on such information. All information contained on this web site is a personal opinion or belief of the author. None of these data is a recommendation or financial advice in any sense, also within the meaning of any commercial act or law. Writers, publishers and affiliates of Signal Factory are not responsible for your trading in any way. The information and opinions contained in the site are provided for information only and for educational reasons, should never be considered as direct or indirect advice to open a trading account and / or invest money in Forex trading with any Forex company . Signal Factory assumes no responsibility for any decisions taken by the user to create a merchant account with any of the brokers listed on this website. Anyone who decides to set up a merchant account or use the services, free of charge or paid, to any of the Forex companies mentioned on this website, bears full responsibility for their actions. Any institution that offers a service and is listed on this website, including forex brokers, financial companies and other institutions, is present only for informational purposes. All ratings, ratings, banners, reviews, or other information found for any of the above-mentioned institutions are provided in a strictly objective manner and according to the best possible reflection of the materials on the official website of the company. Forex trading is potentially high risk and may not be suitable for all investors. The high level of leverage can work both for and against merchants. Before each Forex investment, you should carefully consider your goals, past experience and risk level. The opinions and data contained on this site should not be considered as suggestions or advice for the sale or purchase of currency or other instruments. Past results do not show or guarantee future results. Neither Signal Factory nor its affiliates ensure the accuracy of the content provided on this Site. You explicitly agree that viewing, visiting or using this website is at your own risk.

Signal Factory is now on Telegram

make sure to join our Telegram channel now and you will not miss any update