Recent News
On July 23, 2026 Intel published second-quarter 2026 financial results and related forward commentary; earlier in June the company released its 2025–2026 Corporate Responsibility Report and announced a strategic collaboration with Hitachi on AI and advanced computing; Intel filed its quarterly 10-Q for the period ending June 27, 2026; the company also named a new director for emerging technologies and government affairs in early July.
Technical Analysis
Directional indicators (ADX / DI+ / DI-): ADX at 19.33 signals no established trend, while DI+ at 23.01 (increasing) and DI- at 31.04 (decreasing) together indicate a bullish directional tilt that could support near-term upside if maintained.
MACD: MACD equals -3.92 and the MACD signal sits at -4.96; the MACD has crossed above its signal line, representing a bullish momentum shift even though readings remain negative.
MRO (Momentum/Regression Oscillator): MRO at -1.26 and rising indicates price sits slightly below the WMDST target and presents mean-reversion potential toward valuation anchors if momentum continues upward.
RSI and short-term momentum: RSI at 45.87 with a dip & reversal shows recent buying pressure after a pullback, supporting the MACD signal-cross as confirmation of short-term momentum recovery.
Moving averages, price position, and volatility: Last close $101.65 sits above the 12-day EMA ($97.43, dip & reversal) and just above the 26-day EMA ($101.26), but below the 50-day average ($110.65), reflecting a mixed short-to-intermediate structure. Price trades inside the Bollinger bands and near the upper 1x band ($103.36), implying reduced immediate upside room absent a volatility expansion. High 42-day beta (3.87) and 52-week beta (2.86) indicate elevated sensitivity to market moves, amplifying swing potential in either direction.
Fundamental Analysis
Profitability: EBIT negative $-3,682,000,000 and EBIT margin at -27.119% contrast with an industry peer mean EBIT margin of 60.674%, with the company reporting an improvement YoY of 10.96778 percentage points but a QoQ decline of -6.97203 percentage points. Operating income sits at $934,000,000 with an operating margin of 6.879%.
Earnings and expectations: Reported EPS $0.42 versus an estimate of $0.22, producing an EPS surprise of 90.9% and an EPS beat of $0.20. Forward EPS $0.406 and forward P/E about 129.26 reflect elevated forward multiples relative to historical norms; trailing P/E sits at 175.13.
Cash, liquidity, and cash flow: Cash of $17,247,000,000 and cash and short-term investments $32,789,000,000 provide liquidity; current ratio 2.31 and quick ratio 1.85 indicate ample short-term coverage. Free cash flow negative $-2,540,000,000 and free cash flow yield -0.996% show operating cash conversion stress despite operating cash flow of $1,096,000,000 and an end-period cash flow of $17,695,000,000.
Leverage and balance sheet: Total debt $45,031,000,000 and net debt $27,784,000,000 produce debt-to-equity ~40.4% and debt-to-assets ~21.93%, leaving capital structure moderate but with net leverage present given negative EBITDA $-546,000,000 and a negative debt-to-EBITDA ratio.
Revenue and growth rates: Total revenue $13,577,000,000 with reported revenue growth values showing a small decline on the latest overall metric; revenue growth QoQ shows -5.60390 percentage points and the provided YoY revenue-change value reports -93.653% on that specific field. YoY earnings growth registers substantial change at 93.333% on the supplied metric, while earnings growth QoQ shows a -3.68329 percentage-point move.
Valuation summary: WMDST values the stock as over-valued. Elevated trailing and forward P/E ratios, negative free cash flow yield, and negative EBIT contrast with strong liquidity and a large market cap, producing a valuation profile that depends on continued operational recovery and sustained margin improvement.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-07-23 |
| NEXT REPORT DATE: | 2026-10-22 |
| CASH FLOW | Begin Period Cash Flow | $ 14.7 B |
| Operating Cash Flow | $ 1.1 B | |
| Capital Expenditures | $ -3.64 B | |
| Change In Working Capital | $ -3.50 B | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 3.0 B | |
| End Period Cash Flow | $ 17.7 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 13.6 B | |
| Forward Revenue | $ -1.86 B | |
| COSTS | ||
| Cost Of Revenue | $ 8.2 B | |
| Depreciation | $ 2.9 B | |
| Depreciation and Amortization | $ 3.1 B | |
| Research and Development | $ 3.4 B | |
| Total Operating Expenses | $ 12.6 B | |
| PROFITABILITY | ||
| Gross Profit | $ 5.3 B | |
| EBITDA | $ -546.00 M | |
| EBIT | $ -3.68 B | |
| Operating Income | $ 934.0 M | |
| Interest Income | $ 333.0 M | |
| Interest Expense | $ 264.0 M | |
| Net Interest Income | $ 352.0 M | |
| Income Before Tax | $ -3.95 B | |
| Tax Provision | $ 335.0 M | |
| Tax Rate | 40.0 % | |
| Net Income | $ -3.73 B | |
| Net Income From Continuing Operations | $ -4.28 B | |
| EARNINGS | ||
| EPS Estimate | $ 0.22 | |
| EPS Actual | $ 0.42 | |
| EPS Difference | $ 0.20 | |
| EPS Surprise | 90.909 % | |
| Forward EPS | $ 0.41 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 205.3 B | |
| Intangible Assets | $ 23.2 B | |
| Net Tangible Assets | $ 88.2 B | |
| Total Current Assets | $ 62.2 B | |
| Cash and Short-Term Investments | $ 32.8 B | |
| Cash | $ 17.2 B | |
| Net Receivables | $ 4.1 B | |
| Inventory | $ 12.4 B | |
| Long-Term Investments | $ 7.0 B | |
| LIABILITIES | ||
| Accounts Payable | $ 7.2 B | |
| Short-Term Debt | $ 2.0 B | |
| Total Current Liabilities | $ 26.9 B | |
| Net Debt | $ 27.8 B | |
| Total Debt | $ 45.0 B | |
| Total Liabilities | $ 80.3 B | |
| EQUITY | ||
| Total Equity | $ 111.4 B | |
| Retained Earnings | $ 45.2 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 22.18 | |
| Shares Outstanding | 5.023 B | |
| Revenue Per-Share | $ 2.70 | |
| VALUATION | Market Capitalization | $ 255.1 B |
| Enterprise Value | $ 267.4 B | |
| Enterprise Multiple | -489.66 | |
| Enterprise Multiple QoQ | -969.261 % | |
| Enterprise Multiple YoY | -1050.468 % | |
| Enterprise Multiple IPRWA | high: 360.517 mean: 53.057 median: 7.425 low: -112.899 INTC: -489.66 |
|
| EV/R | 19.692 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.843 | |
| Asset To Liability | 2.556 | |
| Debt To Capital | 0.288 | |
| Debt To Assets | 0.219 | |
| Debt To Assets QoQ | -0.463 % | |
| Debt To Assets YoY | -15.931 % | |
| Debt To Assets IPRWA | high: 0.472 INTC: 0.219 mean: 0.124 median: 0.108 low: 0.013 |
|
| Debt To Equity | 0.404 | |
| Debt To Equity QoQ | -0.832 % | |
| Debt To Equity YoY | -19.591 % | |
| Debt To Equity IPRWA | high: 1.653 INTC: 0.404 mean: 0.211 median: 0.159 low: 0.015 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 2.29 | |
| Price To Book QoQ | 33.311 % | |
| Price To Book YoY | 143.377 % | |
| Price To Book IPRWA | high: 28.642 mean: 11.42 INTC: 2.29 median: 1.506 low: 0.31 |
|
| Price To Earnings (P/E) | 175.134 | |
| Price To Earnings QoQ | -33.176 % | |
| Price To Earnings YoY | 5.797 % | |
| Price To Earnings IPRWA | high: 377.942 INTC: 175.134 mean: 113.418 median: 98.056 low: 48.993 |
|
| PE/G Ratio | 1.876 | |
| Price To Sales (P/S) | 18.79 | |
| Price To Sales QoQ | 30.872 % | |
| Price To Sales YoY | 153.557 % | |
| Price To Sales IPRWA | high: 111.468 mean: 34.096 INTC: 18.79 median: 7.825 low: 1.798 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 129.259 | |
| Forward PE/G | 1.385 | |
| Forward P/S | -163.343 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 976.795 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.065 | |
| Asset Turnover Ratio QoQ | -0.913 % | |
| Asset Turnover Ratio YoY | -0.031 % | |
| Asset Turnover Ratio IPRWA | high: 0.192 median: 0.137 mean: 0.133 INTC: 0.065 low: 0.018 |
|
| Receivables Turnover | 3.435 | |
| Receivables Turnover Ratio QoQ | -11.562 % | |
| Receivables Turnover Ratio YoY | -11.297 % | |
| Receivables Turnover Ratio IPRWA | high: 3.562 median: 3.562 INTC: 3.435 mean: 2.865 low: 1.189 |
|
| Inventory Turnover | 0.685 | |
| Inventory Turnover Ratio QoQ | -9.411 % | |
| Inventory Turnover Ratio YoY | 4.802 % | |
| Inventory Turnover Ratio IPRWA | high: 1.277 median: 1.277 mean: 1.095 INTC: 0.685 low: 0.311 |
|
| Days Sales Outstanding (DSO) | 26.564 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 63.16 | |
| Cash Conversion Cycle Days QoQ | 59.948 % | |
| Cash Conversion Cycle Days YoY | 118.061 % | |
| Cash Conversion Cycle Days IPRWA | high: 262.092 INTC: 63.16 mean: 61.445 median: 25.306 low: -88.15 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.385 | |
| CapEx To Revenue | -0.268 | |
| CapEx To Depreciation | -1.253 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 154.4 B | |
| Net Invested Capital | $ 156.4 B | |
| Invested Capital | $ 156.4 B | |
| Net Tangible Assets | $ 88.2 B | |
| Net Working Capital | $ 35.3 B | |
| LIQUIDITY | ||
| Cash Ratio | 1.22 | |
| Current Ratio | 2.312 | |
| Current Ratio QoQ | 14.621 % | |
| Current Ratio YoY | 76.543 % | |
| Current Ratio IPRWA | high: 7.522 mean: 2.898 median: 2.488 INTC: 2.312 low: 0.527 |
|
| Quick Ratio | 1.85 | |
| Quick Ratio QoQ | 12.169 % | |
| Quick Ratio YoY | 99.359 % | |
| Quick Ratio IPRWA | high: 5.837 mean: 2.507 median: 2.307 INTC: 1.85 low: 0.364 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | -82.474 | |
| Cost Of Debt | 0.346 % | |
| Interest Coverage Ratio | -13.947 | |
| Interest Coverage Ratio QoQ | -735.585 % | |
| Interest Coverage Ratio YoY | 1353.006 % | |
| Interest Coverage Ratio IPRWA | high: 254.16 median: 254.16 mean: 201.771 INTC: -13.947 low: -58.0 |
|
| Operating Cash Flow Ratio | -0.162 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 89.05 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -2.884 % | |
| Revenue Growth | -0.709 % | |
| Revenue Growth QoQ | -560.39 % | |
| Revenue Growth YoY | -93.653 % | |
| Revenue Growth IPRWA | high: 19.968 % mean: 11.175 % median: 8.414 % INTC: -0.709 % low: -18.599 % |
|
| Earnings Growth | 93.333 % | |
| Earnings Growth QoQ | -368.329 % | |
| Earnings Growth YoY | -117.5 % | |
| Earnings Growth IPRWA | INTC: 93.333 % high: 53.846 % mean: 14.257 % median: 11.146 % low: -63.636 % |
|
| MARGINS | ||
| Gross Margin | 39.383 % | |
| Gross Margin QoQ | 8.946 % | |
| Gross Margin YoY | 6.778 % | |
| Gross Margin IPRWA | high: 97.852 % mean: 68.344 % median: 66.246 % INTC: 39.383 % low: 29.193 % |
|
| EBIT Margin | -27.119 % | |
| EBIT Margin QoQ | -697.203 % | |
| EBIT Margin YoY | 1096.778 % | |
| EBIT Margin IPRWA | high: 74.084 % median: 60.887 % mean: 60.674 % INTC: -27.119 % low: -53.028 % |
|
| Return On Sales (ROS) | 6.879 % | |
| Return On Sales QoQ | 71.034 % | |
| Return On Sales YoY | -403.575 % | |
| Return On Sales IPRWA | high: 65.024 % median: 58.103 % mean: 56.239 % INTC: 6.879 % low: -31.464 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ -2.54 B | |
| Free Cash Flow Yield | -0.996 % | |
| Free Cash Flow Yield QoQ | -344.717 % | |
| Free Cash Flow Yield YoY | -78.604 % | |
| Free Cash Flow Yield IPRWA | high: 3.913 % median: 3.913 % mean: 2.476 % INTC: -0.996 % low: -2.45 % |
|
| Free Cash Growth | -417.5 % | |
| Free Cash Growth QoQ | -174.4 % | |
| Free Cash Growth YoY | -755.087 % | |
| Free Cash Growth IPRWA | high: 223.766 % mean: 13.674 % median: -4.607 % low: -79.294 % INTC: -417.5 % |
|
| Free Cash To Net Income | 0.681 | |
| Cash Flow Margin | -32.039 % | |
| Cash Flow To Earnings | 1.167 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | -1.789 % | |
| Return On Assets QoQ | 529.93 % | |
| Return On Assets YoY | 323.934 % | |
| Return On Assets IPRWA | high: 6.9 % median: 6.9 % mean: 6.127 % INTC: -1.789 % low: -6.882 % |
|
| Return On Capital Employed (ROCE) | -2.063 % | |
| Return On Equity (ROE) | -0.033 | |
| Return On Equity QoQ | 547.389 % | |
| Return On Equity YoY | 306.683 % | |
| Return On Equity IPRWA | high: 0.103 median: 0.097 mean: 0.091 INTC: -0.033 low: -0.08 |
|
| DuPont ROE | -3.304 % | |
| Return On Invested Capital (ROIC) | -1.412 % | |
| Return On Invested Capital QoQ | -562.951 % | |
| Return On Invested Capital YoY | 1127.826 % | |
| Return On Invested Capital IPRWA | high: 8.467 % median: 8.467 % mean: 7.545 % INTC: -1.412 % low: -6.929 % |
|