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Intel Stock Price: INTC Price Chart, History and Forecast

December 01, 2021 17:47

Founded in California in 1968 by scientists Robert Noyce and Gordon Moore, Intel is, without a doubt, one of the world’s most valuable and largest semi-conductor chip manufacturers. But does this mean its stock is valuable, too? Today’s guide has been designed to evaluate the different facets of the Intel stock price, from its history to its forecast. We will thus help you decide whether or not INTC stock is a buy.

Intel (INTC) Stock Price Chart

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Intel Stock Price History 

While analyzing the Intel stock price history won’t tell us with certainty where the stock price Intel is headed, it should help us understand the different factors and events that tend to cause rallies and spikes in Intel Corp stock price.

Intel Stock Price Historical Trends  

Intel’s IPO took place only three years after its founding on October 13, 1971, for $23.50 per share (or 2 cents when adjusted for its 13 subsequent stock splits). The IPO raised a total of $6.8 million.

Through the ’70s and early ’80s, Intel’s business primarily revolved around memory chips, and the firm profited tremendously. But it was not until the company moved headlong into microprocessors (the chips that executed central processing tasks in computers) that it ascended to the dominance for which we know it today.

In the following years, Intel’s microprocessor business controlled a huge portion of its industry, and the stock quickly blasted through the psychological $10 barrier in mid-1996. At this point, Intel’s historical stock price embarked on a significant multi-year upward spike, fueled by the tech hype that had hit at the turn of the millennium.

In August 2000, Intel stock price hit an all-time high of $74.88, before dipping to a low of $10 by September 2002. The company’s stock was, undoubtedly, one of the worst-hit by the dot-com bubble. From there, the Intel stock traded sideways for several years and was only able to break beyond the $40 again after September 2016. Subsequently, INTC stock price skyrocketed to $70 in January 2020. That was shortly before the covid-19 pandemic, that dragged Intel stock price to $40 by September 2020.

Intel Stock Price Splits 

Intel has had 13 splits in its history. The first split took place in May 1973, and was a 3 for 2 split. This implies that for every 2 shares of INTC owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split became a 1500 share position following the 1st split.

The second split took place on May 15, 1974, and just like the first one, this was a 3 for 2 split. Like the first two, the third stock split was a 3 for 2 split, taking place on May 26, 1976. Intel Stock’s fourth split took place on September 1, 1978, and was a 5 for 4 split.

Now that you understand how stock price splits work, here are the 9 splits:

  • May 31 1979 – 3 for 2 split 
  • October 9, 1980 – 2 for 1 split  
  • July 1, 1983 – 2 for 1 split  
  • October 29, 1987 – 3 for 2 split  
  • June 7, 1993 – 2 for 1 split  
  • June 19, 1995 – 2 for 1 split  
  • July 14, 1997 – 2 for 1 split  
  • April 12, 1999 – 2 for 1 split  
  • July 31, 2000 – 2 for 1 split  

Why does Intel split its stocks? The company’s split strategy is to attract more investors. Indeed, in the ’80s, Intel executed stock splits when its stock price surpassed and stayed above the $50 mark for a long time. At the time, this was consistent with up-and-coming players in the quickly growing tech industry, and the stock splits kept share prices low enough to encourage retail investors to invest.

Intel Stock Price Prediction 

The Intel price predictions’ section will be split into several forecast categories.

  • Analyst Consensus: Buy, hold, or sell? 

According to TipRanks, INTC stock has an analyst’s consensus rating of Hold. Out of 25 Wall Street Analyst Ratings, 7 rate it a sell, 9 rate it a hold, and 9 rate it a buy.

  • Intel Stock Price Target

Intel is taking action to resolve issues with its supply chain. This includes a new outsourcing deal with Taiwan Semiconductor Manufacturing, its release of new GPU and CPU chips that can compete with Nvidia & AMD, as well as a $20 billion the company is investing in its U.S. foundry operations.  

That said, the assured Intel comeback will likely take a while to play out. In the meantime, buying INTC stock might still be a worthwhile move. That said, if you’re the kind of trader or investor to work with buy points, then the Intel stock price target you should watch out for is $59.18.

  • Predictions for Intel Stock Price in 1, 2, 5, 10 years 

According to AI Pickup, 10 Wall Street analysts offering 2021 Intel stock price forecasts have a median target of $64, with a high estimate of $68 and a low of $60. For Intel stock price predictions for 2022, 2025, and 2030, the analysts had average targets of $73, $106, and $126, respectively.

How Can I Buy INTC Stock Today?  

If you have faith in Intel stock price’s ability to shoot for the stars and would like to invest, then all you’ll need to do is register with a regulated broker, such as ZFX. Reasons to register with the platform include its solid regulation, transparent pricing, rapid execution, competitive spreads, impressive leverage, and educational tools.

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Investing in Intel: Tutorial 

Let’s take a look at a step-by-step guide on how to register with ZFX.  

Step 1: Register with ZFX 

Start by visiting ZFX’s homepage and find the link labeled “Open an Account” at the top of the homepage. That should lead you to a form similar to the one above, where you’ll need to submit your personal information, including your names, email address, and phone number.

Trade Intel stock price - Step 1

Then, select the right type of brokerage account for you from the three options, as shown in the image above. Also, tick the boxes if you agree with ZFX’s privacy policy and terms & conditions.

Trade Intel stock price with ZFX - basic info

Step 2: Make Your First Deposit 

Once ZFX has confirmed your identity, you’re a step away from investing in INTC. Transfer the amount you’d like to invest into your account, and you can proceed to the next step.

trade intel stock price with ZFX - Step 3

Step 3: Account Verification 

ZFX will require you to scan and upload your proof of identity and address in this part of the registration process. This can be a bank statement, a government-issued ID card, or a passport. ZFX takes less than 24 hours to review and approve identities.  

trade intel stock price with ZFX - Step 4

Step 4: Invest in Intel Stock at Current Price 

To start investing, download the MT4 platform on your preferred device. After installing the software, log in using the detail ZFX sent to your email address, and start investing in Intel stock.

To Buy or Not Buy Intel? 

Intel stock could well be a buy, and here are several reasons why.  

  • The Intel Stock Price Today is Cheap 

Intel currently trades at just 12 times forward earnings, while its competitors, TSMC and AMD, trade at 25 times and 35 times forward earnings, respectively. In fact, analysts expect the company’s earnings and revenue to climb both in the fourth quarter of 2021 and 2022 as it executes its turnaround plan. As such, the company’s current low forward yield should limit the stock’s downside potential and make it an attractive stock moving forward.

  • Intel is creeping up on NVidia and AMD with GPUs

A considerable portion of Intel’s revenue comes from its data center CPUs and PC, but the firm launched its first GPU in over a decade in 2020. Previously, Intel abandoned the GPU marketplace amid tough competition from AMD and NVidia, but it is now trying to bundle its CPUs with the new GPUs. This move will not only allow the company to generate a new stream of income, but it will also put it in a position to challenge AMD and NVidia in the laptop market going forward.

  • The New CEO Has Accelerated Plans for the Future

At the beginning of 2021, Intel replaced CEO Bob Swan with Pat Gelsinger. Gelsinger is a chip making veteran who at one point worked as Intel’s chief technology officer. Now, Gelsinger is doubling down on the company’s first foundries with a brand new “Intel Accelerated” roadmap.

Gelsinger intends to attain that goal by eliminating the sector’s production bottlenecks in Asia, attracting government subsidies in Europe and the U.S. to resolve ongoing chip shortages, expanding its foundry services to pull away orders from TSMC, upgrading Intel’s plants to start using ASML’s latest lithography machines, and spending billions of dollars on brand new foundries.

Things to Know About the Intel Stock Price Before You Invest

 Below are a few tips to help you start trading INTC at today’s price, in the best conditions.

Whether Good or Bad, Past Performance is No Indicator of Future Performance

Remember that we cannot predict investment opportunities based on recent past performances turn out to be a mistake. This applies to the Intel stock price history chart as well.

Periodic Earnings Reports  

Intel’s fiscal year runs from January to December, and the firm releases annual and quarterly reports to give investors and shareholders updates on their business health. Analyze all these updates carefully before investing your hard-earned cash in the company’s stock.

Negative PR and Lawsuits 

Intel has often gotten embroiled in controversial lawsuits, ranging from the security of its products to intellectual rights. Negative PR and lawsuits can cause a company stock to dip, so watch out for these.

New Product Rollout 

The nature of Intel’s industry requires every company to either keep innovating or move out of the way. It’s a fast and dynamic space, so always watch out for hit products that might inspire higher stock prices.

Trade and Tariffs Agreements 

Since Intel is a global company with facilities in Israel, China, and the U.S, stay on top of trade tensions and tariff changes that can significantly impact the company’s bottom line. A change in Intel’s bottom line almost always affects the company’s stock.

Bottom Line: What Can We Expect from the Intel Stock Price?

Intel might be an old company by Silicon Valley standards, but that does not mean they have stopped innovating. Under its new CEO, Intel has invested $132 million in startups and committed $20 billion to new factories in the EU – all in an effort to gain an edge on technological advances. We could thus expect the Intel stock price to rise and reflect the promising, innovative journey the company is undertaking.

Ready to invest in Intel stock at today’s price? If so, you can start trading INTC today with ZFX. This is an ideal platform to invest easily, and offers many benefits as we have explained in this guide.

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