Are Wall Street Analysts Bullish on Intel Stock?

With a market cap of $85.2 billion, Intel Corporation (INTC) is a global leader in semiconductor innovation, designs and manufactures microprocessors, chipsets, and computing solutions for consumer, enterprise, and data-centric markets. Expanding beyond traditional computing, Intel is driving advancements in AI, autonomous driving, networking, and edge computing through its diverse business segments.

Shares of the Santa Clara, California-based company have underperformed the broader market over the past 52 weeks. INTC stock has dipped nearly 55% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.6%. On a YTD basis, shares of INTC are down 1.5%, compared to SPX's 2.7% gain.