Market cap
$485B
at current price
Intel Corporation · Common stock · Santa Clara, California
The comeback is in the numbers, and in the price.
Q3 revenue rose 21% to $16.5B as server CPU sales jumped 78%, but PC chips fell and Intel guided Q4 down to $15.5B, hit by a two-week shutdown at its Israel fab and the memory shortage. The stock is still up about 150% this year, and the foundry is still waiting for named outside customers.
Last close · Oct 29, 2026
$92.07
−3.46 (−3.62%)
YTD +149.5% · 1Y +122.7%
52-week range
$32.89–142.35
intraday low / high
P/E
~42×
2027 consensus EPS $2.21 · trailing non-GAAP ~67×
Revenue TTM
$59.9B
+12% YoY
Analysts
Hold
14 buy · 32 hold · 1 sell · mean target $118
Next earnings
Late Jan
Q4 2026, date not yet announced
Price, last 12 months
Daily closes with the 50-day average. The stock rose from about $34 last November to a $140.94 close in June, fell 42% by late July, then rallied back above $120 in September.
1Y closing high
$140.94
Jun 22, 2026
1Y closing low
$33.62
Nov 20, 2025
SMA 50
$102.81
price above
SMA 200
$82.69
price above
RSI 14
45.8
neutral
ATR 20
$6.39
~6% daily range
Beta
2.23
vs. S&P 500
From peak
−24%
vs. Jun 22 close
Revenue by segment, by quarter
CCG is PC chips (renamed CCPG in Q2 2026). DCAI is server CPUs and AI. Foundry & other is Intel Foundry's outside revenue plus Mobileye and other businesses, after removing the wafers Foundry sells to Intel's own product groups. Altera left the consolidated results in September 2025. Q4 2026 is company guidance at the midpoint.
CCG (PC)DCAI (server)Foundry & otherGuidance
Q3 2026
$16.51B
+21% YoY · beat the $16.3B guide
CCG (PC)
$8.10B
−5% YoY · memory shortage
DCAI (server)
$7.32B
+78% YoY, best in 15 years
Intel Foundry
$6.70B
+58% · $411M external
Gross margin
44.1%
non-GAAP · 40.0% a year ago
GAAP EPS
$0.60
incl. $1.0B escrowed-share gain
Q4 guide
$15.5B
±$0.5B · +13% YoY · consensus ~$17.0B
Guide EPS
$0.25
non-GAAP · margin 38% · consensus ~$0.43
| Quarter | CCG (PC) | DCAI (server) | Foundry & other | Total | Total YoY | Gross margin | Non-GAAP EPS |
|---|
Fiscal-year financials
Revenue in US$ millions; Intel's fiscal year ends in late December. 2025 revenue was flat at $52.9B, its lowest since 2010, and the GAAP result was a small loss after $2.2B of restructuring charges. The recovery shows up in 2026 quarters, not yet in a full year.
| FY25 | US$M | % rev |
|---|---|---|
| Revenue | 52,853 | 100% |
| Gross profit (GAAP) | 18,375 | 34.8% |
| R&D | 13,774 | 26.1% |
| MG&A | 4,624 | 8.7% |
| Restructuring & other | 2,191 | 4.1% |
| Operating income (GAAP) | −2,214 | −4.2% |
| Net income (GAAP) | −267 | −0.5% |
| Non-GAAP EPS | $0.42 | — |
Watch list
What moves the thesis, sorted by direction.
Tailwind
AI pulls server CPUs
DCAI revenue jumped 78% to $7.32B, its fastest growth in 15 years, with a 41.5% operating margin. Adding Xeon supply is the top priority; demand, not orders, is running ahead of output.
Tailwind
18A costs, 14A kit
Better Intel 3 and 18A costs lifted non-GAAP gross margin to 44.1%, 2 points above guide. The Intel 14A 0.9 design kit went out in October.
Watch
Foundry needs outside customers
Intel Foundry revenue rose 58% to $6.70B, but only $411M came from outside. Tan says a couple of customers should be announced in the next two quarters.
Watch
Cash burn and balance sheet
Adjusted free cash flow was +$1.6B in Q3, but the CFO does not expect positive cash flow for 2026 as capex rises. Cash and investments are $54.0B after the August share sale, against $50.1B of debt.
Risk
Israel fab and PC slowdown
A deadly October explosion shut the Kiryat Gat fab for two weeks, costing about $600M of revenue over two quarters and about 2 points of Q4 margin. Management sees PC weakness lasting at least through H1 2027.
Risk
GAAP noise and valuation
The escrowed CHIPS Act shares swing GAAP results with the share price ($1.0B gain in Q3 after a $12.5B loss in Q2). At ~42× 2027 consensus EPS the stock still prices in a recovery, and it fell about 23% after hours on the Q4 guide.
Calendar
Nov 1, 2026
Israel fab restart
Intel plans to start ramping Kiryat Gat back up after the two-week shutdown.
Late Jan 2027
Q4 and FY26 results
Date not yet announced; Q4 2025 was reported on Jan 22. Guide: $15.0–16.0B revenue, 38% gross margin, EPS $0.25.
Late Apr 2027
Q1 2027 earnings
Date not yet announced; Q1 2026 was reported on Apr 23.
Sources
- Intel Investor Relations — releases, slides, webcasts
- Q3 2026 earnings release and Q4 guidance (Oct 29, 2026)
- Q3 2026 prepared remarks
- Q3 2026 earnings call transcript (Investing.com)
- Q3 2026 results vs. LSEG estimates (CNBC)
- Israel fab blast, PC weakness, 2026 cash flow (Reuters via Straits Times)
- Q3 2026 slides: DCAI margin, Fab 28 impact
- Analyst ratings and price targets (Yahoo Finance, Oct 30, 2026)
- SEC EDGAR filings (CIK 50863)
- Price history and technicals: Yahoo Finance daily closes; market cap and beta: Financial Modeling Prep; 2027 consensus EPS: Financial Modeling Prep. As of Oct 30, 2026