Intel’s Stock PT (NASDAQ: INTC) Trimmed With Earnings Looming

Wedbush has revised its earnings projections for Intel Corporation (NASDAQ: INTC) for the second quarter of 2025. The financial services firm has lowered Intel's earnings per share (EPS) estimate from $0.10 to $0.04. This reflects concerns over the firm's financial performance amidst a challenging market environment. The earnings revision came with a reduction in price target on Intel's stock, dropping to $20 from $25.

In a related financial overview, the consensus estimate for Intel's full-year earnings currently stands at a negative $0.87 per share. This estimate is part of the broader market's cautious outlook towards the technology giant as it navigates a series of strategic and operational challenges.

Intel's recent financial performance has indeed been under scrutiny. For the fourth quarter of 2024, Intel reported an earnings loss of $0.46 per share, significantly missing consensus estimates by $0.44. This is indicative of broader financial strains, including a negative return on equity of 1.71%, and a notably negative net margin of 29.42%.

Despite these challenges, Intel's revenue for Q4 2024 showed some resilience, coming in at $13.30 billion. This figure surpassed analysts' expectations of $13.02 billion, though it still represented a 6.3% decline year-over-year.

Intel Corporation operates across several key segments including Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services, which delineate its diverse business structure and potential areas for growth or recovery.

While Intel faces numerous financial challenges, including reduced earnings estimates from Wedbush and negative performance metrics, it also maintains significant revenues and market interest. With the stock down 54% over the past 12 months, there is potentially a bottom that has been found with much of the bear narrative baked in.