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

Intel Long

by SignalFactory   ·  July 22, 2021 | 11:35:02 UTC  

Intel Long

by SignalFactory   ·  July 22, 2021 | 11:35:02 UTC  

Intel (NASDAQ: INTC) is scheduled to announce Q2 earnings results on Thursday, July 22nd, after market close. 

Factors Likely to Have Influenced Q2 Results: 
Coronavirus-induced work-from-home and online-learning waves may have bolstered sales of processors utilized in enterprise laptops and data center servers. This, in turn, is anticipated to get reflected in second-quarter revenues. Although PC shipments have shown signs of slowing in the second quarter, strong demand for notebooks is likely to have contributed to Intel’s Client Computing Group segment revenues. Per IDC data, PC shipments in the second quarter of 2021 improved 13.2% year over year to 83.6 million units. Robust adoption of Xeon processors, which are integrated with Optane DC Persistent Memory solution, may have contributed to the top line in the quarter to be reported. Intel’s Optane DC Persistent Memory modules are being leveraged by the likes of Oracle ORCL, SAP, Google, Microsoft MSFT, Baidu, and Alibaba. Likewise, incremental adoption of Core vPro (11th generation) and Lakefield processors, and Tiger Lake series offerings, is likely to get reflected in the to-be-reported quarter’s revenues. The launch of third-generation Xeon Ice Lake processors is also expected to have benefited top-line growth for this Zacks Rank #2 (Buy).  

Intel’s top line is expected to benefit from an improving data center business in the to-be-reported quarter. 

Mobileye’s new design wins and increasing proliferation of IoT, along with the stabilizing automotive industry, may have contributed to Intel’s second-quarter performance. The growing clout of Mobileye’s SuperVision surrounds-view advanced driver-assistance system in premium electric vehicles bodes well. Growing adoption of cloud-based solutions across mobile computing, along with network infrastructure for 5G, triggered by momentum in coronavirus crisis-induced work-from-home wave, has been a key catalyst for growth. Intel’s collaboration with the Google cloud is noteworthy in this regard. Nonetheless, sluggishness across Intel’s Internet of Things Group (IOTG) end markets, especially retail and industrial, is likely to have affected revenues in the quarter under review. 

  • The consensus EPS Estimate is $1.07 (-13.0% Y/Y) and the consensus Revenue Estimate is $17.8B (-9.6% Y/Y). 
  • Given the macro environment, the company is set to deliver a strong PC quarter. All eyes will be on the data center segment. Datacenter revenue is estimated to be $5.94B, which is expected to return to sequential growth. 

Intel Long (Buy) 
Enter at: 56.62 
T.P_1:  58.73 
T.P_2: 62.93 
T.P_3: 69.36 
T.P_4: 73.71 
T.P_5: 80.00 
T.P_6: 85 
S.L: 54.01 

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