Intel Q4: There's No Good News Here, Sell Now (Archive)

This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.

Elevator Pitch

• Intel Corporation has underperformed the S&P500 since my last 'Sell' update on the stock, and Q4 FY2024 results provide fresh reasons to remain bearish.
• INTC delivered weak revenue guidance that has become a norm. Q1 FY2025 revenues are expected to fall 11-18% QoQ due to seasonality but also a whole litany of other reasons.
• Intel's data center business' outlook is hit with the rude shock of cancellations and further delays of long-awaited product launches.
• The Panther Lake CPU launch is a positive catalyst to look out for in H2 FY2025. Also, keep on eye on the bleeding FCF trends every quarter.
• INTC stock is trading near fair value on a 1-yr fwd P/E basis, and the long-term technicals remain firmly bearish.

Read the full article here.