Where Will Intel Be in 7 Years?
Intel (NASDAQ: INTC) has been the rare semiconductor stock that has faltered this year. In fact, as of Friday, Intel was down 34% for 2024, even as the one of the largest semiconductor sector exchange-traded funds (ETFs) was up 42%. And the trend over the past five years has been even worse, with Intel's underperformance compounding to ghastly levels:
INTC Year to Date Total Returns (Daily) data by YCharts
Source Fool.com
Intel Corp. Stock
€88.91
1.130%
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 24 Sell predictions.
However, we have a potential of -21.27% for Intel Corp. as the target price of 70 € is below the current price of 88.91 €.
