Intel (INTC) Tops Q3 EPS by 5c; Q4 Revenue Guidance Comes in Slightly Below Views

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UBS Reiterates Buy on Intel (INTC) Following 3Q15 Earnings Results

October 14, 2015 9:32 AM EDT

UBS reiterated a Buy rating and $33.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. Intel was able to meet its gross margin guidance of 63% in this downcycle as desktop and notebook chip prices were up YOY by 8% and 4% from a more favorable mix of sales of... More

Needham & Company Reiterates Buy on Intel (INTC) Following 3Q Earnings Results

October 14, 2015 9:19 AM EDT

Needham & Company reiterated a Buy rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. Intel reported revenue and GAAP EPS of $14.5bn/$0.64. CCG revenue increased 13% Q/Q driven by record Core mix.

Analyst Quinn Bolton commented, "Intel reported... More

Roth Capital Cuts Price Target on Intel (INTC) Following 3Q Earnings Results

October 14, 2015 9:05 AM EDT

Roth Capital reiterated a Buy rating on Intel (NASDAQ: INTC), and cut the price target to $36.00 (from $37.00), following the company's 3Q earnings results. INTC reported revenues of $14.465 billion and EPS of $0.64.

Analyst Krishna Shankar commented, "Intel reported 3Q15 revenues/GAAP EPS results of $14.465 billion/$0.64... More

Canaccord Genuity Reiterates Buy on Intel (INTC) Following 5c EPS Beat

October 14, 2015 8:30 AM EDT

Canaccord Genuity reiterated a Buy rating and $39.00 price target on Intel (NASDAQ: INTC) following the company's 3Q earnings results. Intel reported revenue of $14.5B, above consensus estimates of $14.3B. EPS was $0.64, better than consensus' $0.59 estimates.

Analyst Matthew Ramsay commented, "Amidst the recent market turbulence, Intel shares have proven resilient... More

Northland Capital Markets Raises Price Target on Intel (INTC) Following 3Q Results

October 14, 2015 7:59 AM EDT

Northland Capital Markets reiterated an Outperform rating on Intel (NASDAQ: INTC), and raised the price target to $39.00 (from $37.50), following the company's 3Q15 earnings report. Intel reported EPS of $0.64, and revenues of $14.5B. Below the line expenses were higher than modeled and EPS upside... More

RBC Capital Raises Price Target on Intel (INTC) Following 3Q EPS Beat

October 14, 2015 7:47 AM EDT

RBC Capital reiterated a Sector Perform rating on Intel (NASDAQ: INTC), and raised the price target to $34.00 (from $33.00), following the company's 3Q15 earnings results. INTC reported results that exceeded expectations. Revenues of $14.5B beat the Street's $14.2B. EPS of $0.64 came in ahead of Street's $0.59... More

Sterne Agee CRT Reiterates Buy on Intel (INTC) Following a 3Q EPS Beat

October 14, 2015 7:26 AM EDT

Sterne Agee CRT reiterated a Buy rating and $38.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. INTC reported revenue and EPS of $14.47B and $0.64 vs. consensus of $14.24B and $0.58. Upside to Q3 was provided by better-than-expected CCG performance... More

Piper Jaffray Remains Bullish on Intel (INTC) Following 3Q15 Earnings Results

October 14, 2015 7:18 AM EDT

Piper Jaffray reiterated an Overweight rating and $37.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. INTC reported Q3 revenue of $14.5B and EPS of $0.64, above the midpoint of management's outlook and ahead of consensus.

Analyst Ruben Roy commented, "We reiterate our... More

Summit Research Upgrades Intel (INTC) to Buy

October 14, 2015 7:14 AM EDT

Summit Research upgraded Intel (NASDAQ: INTC) from Hold to Buy with a price target of $40.00.

Analyst Srini Sundararajan commented, "We are upgrading Intel to BUY from HOLD and move our price target to $40. Guidance was easily achieved in C3Q15 despite a fall in number of units due to customer preference for latest and greatest.... More

Intel (INTC) PT, Estimates Raised at Jefferies Post Q3; Sees Gross Margin Rising to 70%

October 14, 2015 7:01 AM EDT

Jefferies analyst Mark Lipacis reiterated a Buy rating on Intel (NASDAQ: INTC) while raising estimates and his price target to $37.00 (from $36.00) following Q3 earnings and outlook after the close. The analyst said gross margin can rise to 70%.

"INTC posted a $0.05... More

Susquehanna Remains Neutral on Intel (INTC) Following 3Q Results

October 14, 2015 6:46 AM EDT

Susquehanna reiterated a Neutral rating and $30.00 price target on Intel (NASDAQ: INTC) following the company's 3Q15 earnings results. INTC reported revenue of $14.565 bln, up 10% Q/Q, vs. consensus of $14.22 bln. EPS beat consensus by 5c.

Analyst ChrisCaso commented, "INTC posted results that were ahead of expectations for... More