PREVIEW: Intel little changed with earnings on tap

Intel INTC.O shares up 0.2% at $54.37 ahead of Q4 results due after the closing bell

The chipmaker is expected to report EPS of 8 cents on revenue of $13.40 bln, according to LSEG data, vs yr-ago results of 13 cents per share and $14.26 bln in revenue

INTC has topped EPS estimates in 7 of past 8 qtrs, with most recent miss in Q2 2024

Of the 46 analysts that cover INTC, the breakdown of recommendations is 8 "strong buy" or "buy," 33 "hold" and 5 "sell" or "strong sell" ratings

Median price target of $23 is unchanged over the past 3 months

INTC shares up >47% YTD vs ~14% gain in PHLX semiconductor index .SOX