AI Generated Image
Should You Buy Intel Stock Before July 23?
The Motley Fool • • business
Key Points:
- Intel stock has surged 180% in 2026, significantly outperforming the PHLX Semiconductor Sector index's 67% gain, ahead of its Q2 earnings report scheduled for July 23.
- The stock trades at an extremely high trailing price-to-earnings ratio of 904, but its forward multiple of 137 suggests expectations of a substantial earnings increase.
- Intel projects Q2 non-GAAP EPS of $0.20 on $14.3 billion revenue, marking an 11% year-over-year revenue growth and a turnaround from a loss in the prior year.
- Analysts forecast a 161% rise in Intel’s earnings per share in 2026, with continued strong growth expected through 2028, driven by increasing demand for custom processors in AI data centers.
- Growth investors may find Intel attractive due to rising server CPU demand for AI workloads, which could lead to earnings surpassing expectations and further stock appreciation.
