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Strong Q1 Beat Fuels Debate After 23% Surge

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Is Navitas Semiconductor Website Down? User Experiences Brief Outage Amid

SANTA CLARA, Calif. — Intel Corp. delivered a blockbuster first-quarter 2026 earnings report that sent shares soaring more than 22% on Friday, reigniting the long-running debate over whether the chipmaker represents a compelling buy for investors or remains a risky turnaround story best approached with caution.

Computer chip maker Intel's logo is shown on a gaming computer display during the opening day of E3, the annual video games expo revealing the latest in gaming software and hardware in Los Angeles, California, U.S., June 11, 2019.
Intel Stock Buy or Sell in 2026: Strong Q1 Beat Fuels Debate After 23% Surge

The semiconductor giant reported revenue of $13.6 billion, topping Wall Street expectations of around $12.4 billion, and adjusted earnings per share of 29 cents versus forecasts near 1-2 cents. Data Center and AI revenue jumped 22% to $5.1 billion, driven by strong demand for Xeon processors in AI infrastructure. The company also raised its second-quarter guidance, projecting revenue between $13.8 billion and $14.8 billion.

The massive post-earnings rally pushed Intel shares toward $82, extending a strong recovery that has seen the stock more than double year-to-date in 2026. Yet Wall Street’s consensus rating remains a Hold, with an average 12-month price target around $50-$70 — well below current levels after Friday’s surge.

Bullish analysts argue Intel is finally hitting an inflection point. CEO Lip-Bu Tan’s leadership has stabilized operations, improved yields on the critical 18A manufacturing node, and secured partnerships with hyperscalers. The foundry business is gaining traction with external customers, and AI tailwinds provide a clear growth runway. Several firms raised price targets post-earnings, with some seeing upside to $90-$110 if execution continues.

“Intel is no longer just surviving — it’s showing real signs of thriving in the AI era,” one analyst noted after the report. The company’s U.S.-based manufacturing push, supported by CHIPS Act incentives, also aligns with national security priorities and could drive long-term contracts.

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Bears, however, point to persistent challenges. Intel still reports GAAP losses, high capital expenditures, and intense competition from AMD, Nvidia, and TSMC. Valuation multiples have expanded rapidly, leaving limited room for error. Some forecasts see the stock struggling to hold recent gains if AI spending moderates or foundry losses persist.

Consensus among roughly 40 analysts leans Hold, with a mix of Buy, Hold, and Sell ratings. The wide dispersion in targets — from lows near $30 to highs above $100 — reflects deep uncertainty about Intel’s ability to sustain momentum.

For investors considering a position in 2026, the case for buying rests on several factors. Intel’s Data Center and AI segment shows genuine acceleration, custom ASIC opportunities are expanding, and the 18A node is in high-volume manufacturing with improving yields. The balance sheet provides flexibility, and geopolitical support for domestic semiconductor production remains strong.

Risks include execution on foundry external customers, margin pressure from competition, and potential macro slowdowns affecting broader chip demand. Short-term volatility remains high, as evidenced by Friday’s dramatic move.

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Longer-term bulls see a path to $100+ if Intel captures even modest share in AI infrastructure and foundry markets. Bears warn that history is littered with turnaround stories that faltered after early promise. Most advisors recommend sizing positions carefully and maintaining diversification.

Intel’s transformation under Tan represents one of the most watched corporate turnarounds in tech. The company has delivered six consecutive earnings beats, rebuilt credibility with investors, and positioned itself at the center of AI infrastructure and sovereign manufacturing trends. Yet the stock’s rapid run-up means new buyers are paying a premium for future success.

Institutional ownership has increased, and retail interest remains elevated following the earnings reaction. Options activity shows bullish sentiment, though implied volatility remains elevated.

Ultimately, whether to buy, sell, or hold Intel in 2026 depends on individual risk tolerance, time horizon, and conviction in the company’s ability to execute. The latest results provide encouraging evidence of progress, but sustained delivery across multiple quarters will be required to justify current valuations.

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As the semiconductor cycle evolves and AI spending patterns clarify, Intel stands at a critical juncture. For patient investors comfortable with volatility, the company offers exposure to multiple secular growth trends. For those seeking stability, other names in the sector may present lower-risk opportunities.

Friday’s surge serves as a powerful reminder of the market’s willingness to reward positive surprises. Intel has momentum, but turning that into sustained outperformance remains the central challenge — and opportunity — for the rest of 2026 and beyond.

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Earnings call transcript: Agricultural Bank of China’s robust H2 2025 results

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Earnings call transcript: Agricultural Bank of China’s robust H2 2025 results

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Politics And The Markets 04/25/26

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day.

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Lakers Star Not Fully Recovered, Targeting Second Round Return

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Luka Doncic

LOS ANGELES — Luka Doncic has not fully recovered from his Grade 2 left hamstring strain and remains sidelined indefinitely, with the Los Angeles Lakers not expecting their superstar to return during the first round of the 2026 playoffs against the Houston Rockets, though he has begun progressing toward on-court activity.

Luka Doncic
Luka Doncic

The 27-year-old suffered the injury on April 2 during a blowout loss to the Oklahoma City Thunder. An MRI confirmed the partial tear, ruling him out for the remainder of the regular season. While standard recovery timelines for a Grade 2 hamstring strain typically range from four to six weeks, the Lakers are proceeding with extreme caution to avoid re-aggravation that could sideline him for the rest of the postseason.

As of April 24, Doncic has not yet begun full on-court work but is expected to start soon, according to head coach JJ Redick. He has been participating in light non-contact activities such as shooting, rebounding and passing drills. Redick described progress as positive but offered no firm timeline, reiterating that both Doncic and Austin Reaves (oblique strain) are “out indefinitely.”

Medical experts and team insiders suggest the most realistic target for Doncic’s return is the second round of the playoffs, assuming the Lakers advance. Some optimistic scenarios, fueled by specialized treatment he received in Europe (reportedly including PRP injections and stem cell therapy), point to a possible return in 3–4 weeks from the injury date — potentially aligning with early May if the series extends. However, the Lakers are sticking to a conservative approach.

A recent study on similar hamstring injuries treated with advanced injections showed athletes returning approximately nine days faster than conventional methods (23.5 days versus 32.4 days on average). Even with this accelerated protocol, full recovery and game readiness remain weeks away. Physical therapists note that rushing a Grade 2 strain often leads to setbacks, with recurrence rates dropping significantly when proper healing time is respected.

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Doncic’s absence has forced LeBron James and the supporting cast to carry a heavier load. The Lakers have managed a 2-0 series lead over the Rockets despite missing two key starters, showcasing impressive depth. Redick has praised the team’s resilience while emphasizing patience with star recoveries.

The Slovenian star, acquired by the Lakers in a major offseason move, was having an MVP-caliber season before the injury, leading the league in scoring. His playmaking, scoring and size create unique matchup problems that no other player replicates. His return, whenever it occurs, would dramatically shift the Lakers’ ceiling in the Western Conference.

Fan frustration and optimism mix on social media. Many express understanding for the cautious timeline while anxiously awaiting any positive update. Kalshi traders currently give Doncic just a 24% chance of returning before May 4, reflecting the conservative outlook from the organization.

The injury occurred late in the regular season, forcing the Lakers to navigate final games and secure playoff positioning without their primary offensive engine. Despite the setback, Los Angeles earned a favorable first-round matchup. Medical staff continue daily monitoring, with progress reports focusing on pain-free movement, strength testing and gradual ramp-up in intensity.

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Broader implications stretch beyond this series. A healthy Doncic transforms the Lakers into legitimate title contenders. His absence has tested the supporting cast’s resilience, with James shouldering extra minutes. The team’s ability to win without him boosts confidence but also underscores the need for his eventual return.

Doncic’s history with hamstring issues adds another layer of caution. He dealt with a milder strain earlier in the season. This Grade 2 tear represents a more significant setback, but his youth, conditioning and access to cutting-edge treatment provide reasons for optimism in a full recovery.

As the series shifts to Houston for Game 3 on Friday, all eyes remain on the injury report. While no immediate update points to Doncic playing soon, incremental progress toward on-court work signals the beginning of his return journey. The Lakers will continue their series push without him in the immediate future, building momentum while their franchise cornerstone prepares for a calculated comeback.

Management of the injury reflects lessons from past high-profile cases across the league. Protecting star players from premature returns has become standard as organizations balance short-term results with long-term roster health. For Doncic, the priority is clear: heal properly to maximize impact whenever he steps back on the floor.

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The basketball world watches closely. Doncic’s unique skill set makes him one of the game’s most exciting talents. His recovery process will likely shape the Lakers’ playoff fate and influence narratives around load management and star availability in today’s NBA.

For now, the answer to whether he is fully recovered remains no. But with on-court work approaching and specialized treatment completed, the timeline is moving in the right direction. The Lakers will continue their series without him in the immediate future, building momentum while their superstar prepares for a strong return.

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Prabhudas Lilladher has a ‘reduce’ rating on Infosys

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ET Search
cmp: Rs 1,135.70

target price: Rs 1,246

Prabhudas Lilladher has a ���reduce��� rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term.

���While we expect Infosys to perform better than most other players in the industry, we rate the stock ���reduce��� with a target of Rs 1,246,��� says the report.

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With a difficult FY10E and full-tax FY11E, the two-year earnings CAGR (FY09-11) for the company is unlikely to be over 10-15%, it adds. According to the broking house, the company���s pricing power in fresh contracts would remain under pressure as ���pricing behaviour by competition has turned aggressive in new contracts.���


While Infosys has seen some weakness in the BFSI domain in the recent past, the outfit expects this weakness to ���spread to retail and possibly the manufacturing domains as well.��� Of the various service lines, Enterprise Solutions may be worst affected over the next few quarters, according to the management, it adds. The broking house is also expecting another reduction in US dollar guidance by Infosys.

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Walmart recalls 50,000 FitRx adjustable dumbbells over injury risk

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Walmart recalls 50,000 FitRx adjustable dumbbells over injury risk

About 50,000 adjustable dumbbells sold at Walmart have been recalled after reports of injuries, federal safety officials said.

The Consumer Product Safety Commission said the FitRx SmartBell Quick-Select 5-52.5 lb. Adjustable Dumbbells, made by New York-based Tzumi Electronics, should be immediately replaced.

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According to the agency, the weight plates can dislodge from the handle during use, posing an “impact hazard.”

COSTCO ISSUES URGENT RECALL ON POPULAR PRODUCT LINKED TO BURN INJURIES

FitRx SmartBell Quick-Select 5-52.5lbs Adjustable Dumbbell

About 50,000 adjustable dumbbells sold at Walmart have been recalled after reports of injuries, federal safety officials said. (The Consumer Product Safety Commission / Unknown)

The agency said it received more than 115 reports of the plates coming loose.

At least six injuries have been reported, including broken toes, bruises, contusions and lacerations.

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The recalled dumbbells are model 8361 and carry serial numbers KK23288361 through KK23388361 and KK207608361 through KK21347836.

CALIFORNIA ACCUSES AMAZON OF PUSHING RIVALS TO RAISE PRICES

The Walmart logo on its Arkansas headquarters

Adjustable dumbbells sold at Walmart are being recalled after reports that weight plates can detach during use, posing an injury risk. (Photographer: Luke Sharrett/Bloomberg via Getty Images / Getty Images)

The dumbbells adjust from 5 to 52.5 pounds in 2.5- or 5-pound increments. They are black with red accents and include a molded plastic storage tray.

Walmart sold the dumbbells for about $100 from January through November 2024.

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Consumers are advised to stop using the dumbbells immediately and contact Tzumi Electronics for a free replacement.

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A Walmart store in Illinois.

Federal regulators recalled thousands of dumbbells sold at Walmart after reports of injuries linked to loose weight plates. (Christopher Dilts/Bloomberg via Getty Images / Getty Images)

Customers can mark the word “Recalled” on the tray using permanent marker or paint and register at myfitrx.com/recall-52-lbs/, the agency said.

Tzumi Electronics can also be reached at 866-363-2237 or by email at smartbellrecall@tzumi.com.

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FOX Business has reached out to Walmart and Tzui Electronics for comment.

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SLVR: Silver Miners Struggle To Find Their Footing

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SLVR: Silver Miners Struggle To Find Their Footing

SLVR: Silver Miners Struggle To Find Their Footing

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Markets Weekly Outlook: Can Earnings Outweigh Geopolitical Headwinds And Central Bank Decisions?

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First Horizon – A Decent Start, But Follow Through Is Key (NYSE:FHN)

Markets Weekly Outlook: Can Earnings Outweigh Geopolitical Headwinds And Central Bank Decisions?

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Right technology

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Apropos of ‘The climate conundrum’ (ET, Oct 9), Mukul Sanwal rightly suggests that developing countries should lead in setting the agenda for global technological cooperation.

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Managing data – The Economic Times

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This refers to your edit ���A welcome quest��� (ET, Oct 8). It is imperative to have a strong database. But just having a database of employment is not enough; the data has to be consistent. It has been observed that data vary from ministry to ministry, department to department. India���s information system is not very precise and efficient. One centralised database system can address this issue which will provide access to the diverse group of people and policymakers with consistency.

Debasish Maitra

IRMA, Anand, October 8

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US military says it struck vessel in Eastern Pacific, killing two

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US military says it struck vessel in Eastern Pacific, killing two

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