Intel Stock Price Forecast – INTC Stock Holds $33.54 After $20.5B Loss, 64% YTD Rally, and $8.9B Government Stake
Intel (NASDAQ: INTC) Struggles for Redemption While Stock Holds $33.54 After Brutal Collapse
Intel has endured one of the most dramatic earnings implosions in modern semiconductor history. From its peak in 2021, when revenues reached $79.02 billion and net income was nearly $20 billion, the company has spiraled into a trailing twelve-month loss of $20.5 billion. Sales have shrunk to $53.07 billion, a staggering 32% decline in just three years. Gross profit has more than halved to $17.47 billion, while operating income has slipped to –$2.72 billion. Shares of Intel (NASDAQ: INTC) trade at $33.54, more than 64% higher year-to-date, but the rally masks a balance sheet and income statement that still resemble those of a company in…
