Intel Stock Forecast 2023: Is INTC Stock a Buy or a Sell?

Intel Stock Forecast 2023: Is INTC Stock a Buy or a Sell?

Intel Stock Forecast 2023: Intel Stock is technically bullish. The Intel Stock Price Prediction 2023 is $30.

Latest INTC  Price

Overall Performance of INTC

  • 1 M: +16.3%
  • 6 M: -23.1%
  • 1 Year: -41.2%

INTC Stock Predictions for the Next 12 Months

Average INTC Stock Predictions for the next 12 Months$30
Mizuho$32
Cowen & Co.$31
Credit Suisse$28
JP Morgan$32
Citigroup$27

Intel Stock Forecast 2023: Technical Analysis

Performance on the last Trading Day

  • Open Price: $29.70
  • Close Price: $30.09
  • Gain/Loss: +1.31%
  • Overall Market Cap: $124.18 B
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The Intel stock is likely to turn highly bullish on the next trading day. The 50-day Moving average line (red) is on the verge of crossing the 200-day MA line (green) from below. If this happens the 50-day MA will form a Golden Cross with 200-day MA and thereby turn highly bullish.

INTC stock price has recovered. The stock is now above $30. The first level of support for INTC is $28.2. INTC currently faces resistance at $32.3.

On the above 4-hour timeframe chart, INTC is above both the 50-day and 200-day Moving averages.

INTC price is driven by the bulls. The 14-day RSI line is now above the 14-day MA. The overall momentum is bullish. The RSI is 60.9 and it is likely to rise higher.

image 560

The MACD chart is throwing a buy signal. The MACD series’ proper movement is within the bullish channel. The fast line has crossed the 9-day EMA from below. T

The Stochastic RSI indicates the buyers have outnumbered the sellers. It is once again on the uptrend. The signal is a buy.

Indicators

  • Moving Average: Buy
  • RSI: Bullish
  • Stoch RSI: Buy
  • MACD: Buy

Overall: Buy

INTC Stock Forecast: Recent rise in dividend

The cash dividend has been increased 5% to $1.46 per share (Annual). This has increased from US$0.84 in 2012 to US$1.46 this year

Intel Stock Forecast 2023: Buy, Sell or Hold?

Intel wants to reclaim its leading position in the CPU industry by 2025, and is making strides in that direction. Intel’s 12th-generation Alder Lake CPUs, which were released in November of last year, are assisting the company in gaining market share from its competitors.

The company’s revenue projection of $76 billion for 2022 is a 1.7 percent increase over the previous year. Intel, on the other hand, expects to boost its revenue by 10% to 12% year over year by 2026.

Investing in this low-cost semiconductor company now could pay off well, especially as Intel appears to be pushing the right buttons to reclaim its momentum.

Check out other stocks here

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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions


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