Intel’s post-earnings classification in a quantitative rating system was Hold on Nov. 2, with a score of 3.26; the system had previously rated the stock Strong Buy.
Intel reported third-quarter results of $16.5 billion in revenue, up 21% from a year earlier. The company forecast fourth-quarter revenue of $15 billion to $16 billion and adjusted earnings of 25 cents per share. The top of the revenue range is $500 million below third-quarter sales.
The figure represents the score, and Hold identifies the rating level.
