Intel Corp (NASDAQ: INTC) stock suffered a major decline of -26.1% on 8/2/24. The shares closed at $21.48. Moreover, trading volume in this decline was exceptionally high at 558% of normal. The stock has declined -30.9% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
INTC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Intel has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Intel has a very high Appreciation Score of 95 but a very low Power Rating of 7, triggering the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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