DBS analyst Amanda Tan has maintained their neutral stance on INTC stock, giving a Hold rating on April 25.
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Amanda Tan’s rating is based on Intel’s current position in the market and its strategic plans for the future. Despite Intel’s recent earnings surpassing expectations, the company’s revenue remains stagnant, and its guidance for the upcoming quarter is cautious due to ongoing trade tensions and macroeconomic uncertainties. Intel’s efforts to regain its technology leadership, particularly through its “IDM 2.0” strategy, are crucial but will take time to materialize.
Intel faces significant challenges, including delays in product launches and losing market share to competitors like AMD. Additionally, Intel’s position in the AI sector is weak compared to rivals, with its Gaudi AI accelerators contributing minimally to revenue. While Intel has a roadmap to regain process leadership by 2025, near-term margin pressures persist due to operating losses and high start-up costs. These factors contribute to Amanda Tan’s Hold rating, as Intel is still navigating significant challenges that require time and strategic execution to overcome.
In another report released on April 25, Bernstein also maintained a Hold rating on the stock with a $21.00 price target.