Yahoo finance intc from "yahoo finance intc"

From "yahoo finance intc", Intel’s forward P/E stands near 27.2, notably higher than its 5-year average, reflecting optimism on 2024 revenue targets. However, analysts warn valuation is pricing in robust AI demand, leaving less room for error. Intel is doing more than pitching its SoCs as AI-capable pieces of silicon that can get over-the-air updates for your vehicle, though. The company says that its chips will also help automakers cut down on the overall number of electronic control units (ECUs) in their vehicles. ECUs are hubs that run individual features in cars and trucks, whether that’s for the AC, power seats, or virtually anything else in your auto. Based on the one year price targets offered by 35 analysts, the average target price for Intel Corp is $25.28 with a high estimate of $43.00 and a low estimate of $14.00. The average target implies a downside of -32.22% from the current price of $37.30. Based on "yahoo finance intc" technical screener, Intel shares trade above all major moving averages. This signals strong intermediate-term trend alignment for momentum-focused investors.