Intel Corp

INTC: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$36.00	Wggqj	Wwvsgrkp

Intel: Cutting Our Fair Value Estimate to $30 From $35 Based on PC Share Loss Concerns

Brian Colello

May 28, 2024

We are cutting our fair value estimate for no moat Intel to $30 per share from $35, as we have reduced our assumptions around Intel’s PC processor (CPU) revenue growth in the years ahead. We now view Intel’s shares as fairly valued.

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