Intel Faces Valuation Concerns Despite Turnaround Momentum

about 1 month ago

Nathan Hager

"But they did get downgraded from Citi. Their analysts are worried about its valuation. It is trading at the moment at 57 times forward earnings, which is nearly double that of NVIDIA. So, yes, the valuations do look stretched, but there's a lot of promise in this company's turnaround now."

Intel was downgraded by Citi due to concerns over its high valuation, trading at 57 times forward earnings—significantly above NVIDIA's multiples. Despite the stretched valuations, there is optimism regarding its turnaround prospects, driven by key investments and strong recent performance.

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