Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Intel Corporation before investing.

In this article, we go over a few key elements for understanding Intel Corporation’s stock price such as:

• Intel Corporation’s current stock price and volume
• Why Intel Corporation’s stock price changed recently
• Upgrades and downgrades for INTC from analysts
• INTC’s stock price momentum as measured by its relative strength

About Intel Corporation (INTC)

Before we jump into Intel Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Intel Corporation is engaged in designing and manufacturing products and technologies. The Company's segments include Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX), Mobileye, Accelerated Computing Systems and Graphics (AXG), and Intel Foundry Services (IFS). The CCG segment is focused on long-term operating system, system architecture, hardware, and application integration that enable PC experiences. Its DCAI segment offers workload-optimized solutions to cloud service providers and enterprise customers, along with silicon devices for communications service providers. Its NEX segment helps networks and edge compute systems from inflexible fixed-function hardware to general-purpose compute, acceleration, and networking devices running cloud-native software on programmable hardware. The Mobileye segment provides driving assistance and self-driving solutions. AXG segment delivers products and technologies to its customers to solve computational problems.

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Intel Corporation’s Stock Price as of Market Close

As of November 16, 2023, 3:59 PM, CST, Intel Corporation’s stock price was $43.35.

Intel Corporation is up 6.75% from its previous closing price of $40.61.

During the last market session, Intel Corporation’s stock traded between $39.58 and $40.84. Currently, there are 4,202.00 million shares of Intel Corporation stock available for purchase.

Unfortunately, Intel Corporation’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Intel Corporation Stock Price History

Intel Corporation’s (INTC) price is currently up 18.77% so far this month.

During the month of November, Intel Corporation’s stock price has reached a high of $43.40 and a low of $36.28.

Over the last year, Intel Corporation has hit prices as high as $40.84 and as low as $24.73. Year to date, Intel Corporation’s stock is down 15.83%.

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What Caused Intel Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 15, 2023, there were 2 analysts who downgraded Intel Corporation’s stock and 29 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Intel Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Intel Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Intel Corporation’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Intel Corporation (INTC) by visiting AAII Stock Evaluator.

Relative Price Strength of Intel Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 15, 2023, Intel Corporation has a weighted four-quarter relative price strength of 7.75%, which translates to a Momentum Score of 88 and is considered to be Very Strong.

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Intel Corporation Stock Price: Bottom Line

As of November 16, 2023, Intel Corporation’s stock price is $43.35, which is up 6.75% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Intel Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.