Where Will Intel Stock Be in 1 Year?
's (NASDAQ: INTC) fortunes on the stock market saw a remarkable turnaround in the past three months. The once beaten-down chipmaker had missed out on multiple growth opportunities in the semiconductor sector in the past few years, but shares jumped a remarkable 62% since mid-July.
That performance is well above the gains of semiconductor peers like and Nvidia (NASDAQ: NVDA) over the same timeframe. A significant chunk of Intel's gains came in the past month, thanks to a flurry of positive developments. Let's see what's been going on and check whether Chipzilla can sustain its recent momentum in the coming year as well.
Source Fool.com
Intel Corp. Stock
€82.99
-7.140%
Currently there is a rather positive sentiment for Intel Corp. with 47 Buy predictions and 25 Sell predictions.
However, we have a potential of -13.24% for Intel Corp. as the target price of 72 € is below the current price of 82.99 €.
