How Much Could Intel’s Stock Move In 2018?
Intel’s (NASDAQ:INTC) market price currently stands at around $44, which is over 20% higher than a year ago. This run up was driven by the company’s impressive quarterly results throughout the year. Despite competition from AMD and Nvidia, Intel grew its operating income by nearly 50%. That’s extremely impressive for a company as large as Intel, and much of this improvement came from a rebound in margins from the prior year, as the company benefited from price increases. With that said, it will be interesting to see how the company performs throughout 2018, and if the stock has scope for significant further growth. We have created an interactive valuation calculator dashboard using Trefis’ interactive technology where you can modify inputs such as EBITDA multiples and fundamentals determining Intel’s 2018 EBITDA (earnings before interest, taxes, depreciation and amortization).
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