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Intel remains a buy despite recent volatility, backed by strong Q3 guidance and margin improvements.

Company Fundamentals
08 Oct 2026
Seeking Alpha
View Source
Bullish
Intel remains a buy despite recent volatility, backed by strong Q3 guidance and margin improvements.

Intel's stock faced a dip after Elon Musk's comments on TSMC, but the company remains a strong buy due to management execution, improving gross margins, and ongoing price hikes. Intel's Q3 guidance projects $15.8–$16.8 billion in revenue, a 42% non-GAAP gross margin, and $0.38 earnings per share, indicating potential growth. While the valuation is not cheap, expected margin expansion and price increases support further gains over the next two quarters.

Intel's stock is trading at USD 109.59 on Pluang as of Oct 08, 2026 22:31 WIB, down 3.12% for the day. This price sits well below its 52-week high of USD 140.94 but far above the 52-week low of USD 33.62, showing a wide range of volatility. Despite the recent dip, the market cap remains substantial at $597.96 billion, with a dividend yield of 2.24%, and a majority of Pluang users (61%) currently buying rather than selling the stock.

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