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These Analysts Slash Their Forecasts On Intel After Q3 Results

Reviewed by ClearTape · Source: Benzinga

Key takeaways

  • Intel’s Q3 earnings beat expectations, but the company’s cautious fourth‑quarter outlook and analyst target cuts are weighing on the stock.
  • 52 cents
    EPS

    Earnings per share — profit for one share of the company, in dollars.

    Learn more →

  • $16.51 billion revenue
  • 25 cents Q4
    EPS

    Earnings per share — profit for one share of the company, in dollars.

    Learn more →

    guidance

    What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.

What happened

Intel Corp. (NASDAQ: INTC) reported third‑quarter fiscal 2026 earnings of 52 cents per share and revenue of $16.51 billion, both slightly above analyst expectations. However, the company cut its fourth‑quarter

guidance

What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.

to an adjusted
EPS

Earnings per share — profit for one share of the company, in dollars.

Learn more →

of 25 cents and revenue of $15‑$16 billion, well below the Street’s $43‑cent EPS and $17.05 billion revenue forecasts.

Why it matters

The earnings beat suggests Intel’s recent operational improvements are paying off, but the sharp downgrade in future

guidance

What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.

signals that investors expect slower growth and tighter margins moving forward. This contrast may influence short‑term trading and long‑term valuation expectations.

Short-term and longer-term

Short-term. In the next few days, watch for the market’s response to Intel’s fourth‑quarter outlook and any subsequent commentary from the company.

Longer-term. Over the coming months, the lowered

guidance

What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.

and price targets suggest a reassessment of Intel’s long‑term growth prospects.

Words on this card

EPS Learn
Earnings per share, the portion of a company’s profit allocated to each outstanding share of common stock.
Adjusted EPS
Earnings per share that excludes certain non-recurring items to provide a clearer view of ongoing profitability.
Guidance
A company’s forecast for future financial performance, such as earnings or revenue.
Consensus estimate
The average of analysts’ forecasts for a company’s financial metrics.
Revenue
Sales — money the company took in before costs.
Earnings Learn
A company’s results report — usually profit and sales for a quarter, plus any update on what comes next.

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