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Intel expected to beat earnings estimates on strong server demand and margin recovery

Company Fundamentals
20 Jul 2026
Proactive Investors
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Bullish
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Intel is set to report quarterly results with Wedbush forecasting sales growth above consensus, driven by strong server demand and higher pricing. Data center revenue is expected to grow about 10% sequentially and 40% year-over-year, supported by price increases and ramped production capacity. Wedbush also anticipates better-than-expected gross margins due to improved pricing and manufacturing yields. Despite positive fundamentals, market reaction may be muted due to broader semiconductor sector volatility and macroeconomic concerns. Wedbush maintains a Neutral rating with a $60 price target based on fiscal 2027 earnings estimates.

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