Merchants Anticipate a Huge Transfer in Intel Inventory After Thursday’s Earnings—This is How A lot

Intel (INTC) is slated to report quarterly earnings after markets shut on Thursday in its first report since CEO Lip-Bu Tan took the helm on the beleaguered chipmaker. Some traders count on a giant transfer within the shares after it does.

Choices pricing suggests merchants count on Intel inventory to maneuver about 8.5% in both route the day after Thursday’s report. A acquire of that magnitude would mark Intel inventory’s greatest response to outcomes since October 2023, when shares rose 9% after the corporate reported an almost 300% enhance in income at its foundry enterprise. 

These days, Intel inventory has been extra prone to dive on disappointing outcomes than bounce on a beat. Shares have fallen following three of its final 4 stories, with the inventory tumbling 26% after it reported a $1.6 billion loss final August. 

Intel shed 60% of its worth in 2024, making it one of many yr’s worst-performing S&P 500 shares. The corporate has struggled to maintain up with opponents within the race to develop refined synthetic intelligence chips, and it has fallen brief in its costly efforts to change into a number one chip producer. 

This yr received off to a greater begin for Intel. Wall Road cheered a number of stories the corporate was exploring spin-offs, asset gross sales, and partnerships with opponents. The inventory received one other enhance in March when Tan, former CEO of semiconductor software program firm Cadence Design Programs (CDNS), was tapped to guide the corporate. 

However the inventory has lately slumped together with the broader market amid unease with President Trump’s tariff insurance policies. Shares, at one level up greater than 30% in 2025, are down about 4% year-to-date as of Tuesday’s shut.

Intel is anticipated to report first-quarter income of $12.3 billion, a 3% decline from the identical interval final yr, in accordance with estimates compiled by Seen Alpha. Adjusted internet earnings is anticipated to say no greater than 90% year-over-year to $56 million. 

Each analyst tracked by Seen Alpha has a impartial score on Intel inventory. Their value targets vary from $20 to $29, and the $22.63 common represents a roughly 16% premium to Tuesday’s closing value.