Forecast Of The Day: Intel’s Internet Of Things Revenue

INTC: Intel logo


Intel (NASDAQ:INTC) Internet Of Things Group Revenue rose from $4 billion in 2020 to $5.4 billion in 2021. Trefis expects the metric to rise to about $6 billion in 2022 and to $6.75 billion in 2023.


Relevant Articles
  1. What Lies Ahead For Intel Stock?
  2. At $33, Intel Stock Doesn’t Look Like A Bargain
  3. What’s Behind Intel Stock’s 44% Drop Since 2018?
  4. After Rough Month, Intel Stock Set For Come Back?
  5. After A Strong Week, Can Intel Stock Sustain Its Performance?
  6. Company Of The Day: Intel

We expect revenue to be driven by increasing 5G deployment and Intel’s growing offering of processors and software packages focused on the IoT space.

So What?

We don’t think the projected growth in Intel’s revenue is priced into its stock. We value INTC at about $52 per share, 20% ahead of the current market price.

See Our Complete Analysis For Intel

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios

See all Trefis Price Estimates