Market Update (NASDAQ:INTC): Why Analysts Are Chasing Intel and Qualcomm Higher

[at 24/7 Wall St.] – Intel and Qualcomm, two of the largest semiconductor makers in the world, each saw mixed reactions to their respective earnings. Read more on this. , currently valued at $ecting to http://finance.ya, ended session yesterday at $. Shares have traded today between $ per share with its 52-week range being $. INTC shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple. According to a consensus of 0 analysts, the earnings estimate of $ per share would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $, which would be a $0.00 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. More recently, d INTC from to (/fin). Previously, d INTC from to . When considering if the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NASDAQ:INTC) Similar Articles: Stock Update: Intel Corporation (NASDAQ:INTC) – Intel must show cloud growth to fuel restructuring Market Update: Intel Corporation (NASDAQ:INTC) – Options Insight: How to Play Intel Market Update: Intel Corporation (NASDAQ:INTC) – Jim Cramer’s Top Takeaways: Avangrid, Intel, NXP Semiconductors