{"id":48918,"date":"2026-04-24T11:35:33","date_gmt":"2026-04-24T11:35:33","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/24\/intel-stock-skyrockets-28-so-why-are-analysts-still-saying-sell\/"},"modified":"2026-04-24T11:35:33","modified_gmt":"2026-04-24T11:35:33","slug":"intel-stock-skyrockets-28-so-why-are-analysts-still-saying-sell","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/24\/intel-stock-skyrockets-28-so-why-are-analysts-still-saying-sell\/","title":{"rendered":"Intel stock skyrockets 28%, so why are analysts still saying sell?"},"content":{"rendered":"
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Intel stock (NASDAQ: INTC) soared as much as 28% in premarket trading on Friday after the chipmaker posted stronger-than-expected first-quarter earnings.<\/p>\n

The company issued second-quarter revenue guidance that topped Wall Street forecasts<\/a>.<\/p>\n

For a company long written off as a laggard in the AI race, the move was a sharp reminder that sentiment can change quickly when numbers improve and management finally offers a cleaner narrative.<\/p>\n

Intel stock: Quarter that changed the mood<\/h2>\n

Intel reported first-quarter revenue of $13.6 billion, above estimates of $12.4 billion while adjusted earnings came in at 29 cents a share, versus an estimate of 1 cent.<\/p>\n

The company also projected second-quarter revenue of $13.8 billion to $14.8 billion and adjusted profit of 20 cents a share, both ahead of expectations.<\/p>\n

Intel stock jumped 19% in after-hours trading on Thursday before extending the gain in premarket trading the next morning.<\/p>\n

The operating story underneath the headline was even more important.<\/p>\n

Intel\u2019s data center and AI division delivered $5.1 billion in revenue, beating estimates.<\/p>\n

The management said demand for server processors used in AI data centers is improving as cloud customers shift from training large models to deploying them.<\/p>\n

CFO David Zinsner also said Intel was able to sell some finished-goods inventory it had previously expected to write off, including older or poorly functioning chips.<\/p>\n

Why are  bulls getting louder<\/h2>\n

The biggest reason optimism has returned is that Intel finally has a tangible foundry win to point to.<\/p>\n

Tesla will use Intel\u2019s next-generation 14A manufacturing process for its Terafab project, making Tesla Intel\u2019s first major customer for the technology.<\/p>\n

The broader Terafab plan involves Tesla, SpaceX and xAI, with Musk describing the project as part of a much larger effort to build custom chips for vehicles, robots and AI data centers.<\/p>\n

That matters because Intel\u2019s foundry strategy has been judged less on ambition than on customer proof.<\/p>\n

Zinsner said the details of the partnership are still being worked out, and he declined to give financial terms.<\/p>\n

Why the sell calls are still alive<\/h2>\n

The skepticism has not gone away because the turnaround still rests on execution.<\/p>\n

Intel reported a first-quarter GAAP loss of 73 cents a share after more than $4 billion in restructuring charges, even though adjusted earnings were positive.<\/p>\n

The stock was trading at about 90 times forward earnings, a rich valuation for a company that is still rebuilding profitability and trying to prove it can compete consistently with TSMC and Nvidia-backed rivals.<\/p>\n

That caution shows up in the analyst data.<\/p>\n

MarketBeat<\/a> shows Intel with a consensus rating of Hold, based on 11 Buy ratings, 24 Hold ratings and 5 Sell ratings from 40 analysts.<\/p>\n

The average price target is $54.86, far below where the stock is now trading after the rally.<\/p>\n

In other words, the market may be pricing in a successful transformation, but many analysts are still pricing in a more ordinary recovery.<\/p>\n<\/p>\n

The post Intel stock skyrockets 28%, so why are analysts still saying sell?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Intel stock (NASDAQ: INTC) soared as much as 28% in premarket trading on Friday after the chipmaker posted stronger-than-expected first-quarter earnings. The company issued second-quarter revenue guidance that topped Wall Street forecasts. For a company long written off as a laggard in the AI race, the move was a sharp reminder that sentiment can change <\/p>\n","protected":false},"author":1,"featured_media":48919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-48918","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=48918"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/48918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/48919"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=48918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=48918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=48918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}