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Here's Why Intel Corporation Didn't Guide Margin Higher


Here's Why Intel Corporation Didn't Guide Margin Higher

On July 27, chip giant Intel (NASDAQ: INTC) raised its full-year revenue guidance by $1.3 billion, from $60 billion to $61.3 billion.

That increase in revenue also drove an increase in the company's full-year (non-GAAP) earnings-per-share guidance to $3.00, up from $2.85.

Image source: Intel.

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Source: Fool.com

Intel Corp. Stock

€28.83
0.870%
The Intel Corp. stock is trending slightly upwards today, with an increase of €0.25 (0.870%) compared to yesterday's price.
Currently there is a rather positive sentiment for Intel Corp. with 25 Buy predictions and 11 Sell predictions.
As a result the target price of 42 € shows a positive potential of 45.71% compared to the current price of 28.83 € for Intel Corp..
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