Intel will release its quarterly results on Jan 22, 2026 Post Market. This preview compiles the latest financial forecast, last quarter’s performance, and the majority analyst view to frame expectations for revenue, margins, and adjusted EPS, with segment dynamics and the likely stock-price drivers in focus.

Market Forecast

Based on the company’s guidance range and the current consensus, Intel’s revenue for the current quarter is projected at $13.39 billion, with the gross profit margin outlook not formally disclosed, the net profit or margin not explicitly guided, and adjusted EPS estimated at $0.08; revenue is forecast to decline by 3.05% year over year and adjusted EPS to decrease by 36.09% year over year. Highlights emphasize stable Client Computing demand and mixed momentum in Data Center and contract manufacturing as product cycles and customer inventory flows normalize. The most promising segment appears to be Intel’s foundry operations, which are undergoing loss reduction and operational progress; detailed revenue and YoY data for this quarter have not been formally guided.

Last Quarter Review

Intel reported last quarter revenue of $13.65 billion, a gross profit margin of 38.22%, GAAP net profit attributable to the parent company of $4.06 billion, a net profit margin of 29.76%, and adjusted EPS of $0.23, with revenue up 2.78% year over year and adjusted EPS up 35.29% year over year. One notable highlight was the positive surprise in EBIT at $1.52 billion, significantly above prior estimates. Main business highlights included Client Computing Group revenue at $8.54 billion, Intel Foundry Services revenue at $4.24 billion, Data Center and AI at $4.12 billion, and Other at $0.99 billion, with intersegment eliminations of $4.23 billion; specific YoY changes by segment were not provided.

Current Quarter Outlook

Client Computing Group

Client Computing remains the largest revenue contributor and the primary swing factor for near-term performance. The segment’s trajectory hinges on commercial PC refresh activity and sustained demand for Windows platform upgrades, which previously helped accelerate inventory burn and lift sell-through. Pricing discipline and product mix—particularly the adoption of newer CPU families designed for power efficiency—will shape margin outcomes as promotional intensity in consumer channels stabilizes. Watch for management commentary on order visibility from OEMs and how supply planning aligns with stronger-than-anticipated demand glimpses from the prior quarter.

Intel Foundry Services

The foundry business shows progress on narrowing losses and improving operational execution, even as revenue slipped modestly in the recent past. Efficiency initiatives and cost reductions have lowered the segment’s net loss materially, positioning it for better contribution as customer ramp timing and external uptake for manufacturing services improve. A cleaner cost base could translate into better incremental margins on any volume inflection, though the timing is sensitive to customer program milestones and broader industry capacity decisions. Investor focus will be on sequential revenue trends, updated pipeline commentary, and any qualitative indicators of design win conversions or new commitments from large technology customers.

Data Center and AI

Data Center and AI dynamics are influenced by enterprise and hyperscaler spending shifts toward inference workloads, where CPUs can gain share relative to high-cost training GPUs. Intel’s performance will depend on how well refreshed server CPU portfolios align with customer transitions, particularly among hyperscalers upgrading legacy fleets. A critical sensitivity is the pace of inference deployment across smaller and mid-sized AI applications, which favors power-efficient compute and could lift CPU attach rates. Management’s read-through on order patterns and total cost of ownership positioning versus competitors will be central to assessing whether revenue softness is transient or structural.

Stock Price Drivers This Quarter

Near-term stock performance will likely reflect the interplay of top-line resilience and margin discipline. Earnings quality metrics—gross margin mix effects from Client Computing, operating expense control across corporate and manufacturing, and EBIT trajectory—will be scrutinized for durability given the forecasted year-over-year EPS decline. Segment narratives around Foundry loss reduction and Data Center inference tailwinds can influence valuation multiples if investors gain confidence in execution against stated milestones. Any update on fiscal resource allocation, including capital intensity plans and headcount efficiency, may further affect sentiment depending on how these measures bolster free cash flow visibility.

Analyst Opinions

The collected analyst and institutional previews are predominantly positive. Several well-followed institutions point to stabilizing core PC demand, margin recovery from targeted cost actions, and an improving EBIT profile despite forecasted year-over-year EPS pressure. A noted example includes a price target increase from a major global bank, tied to expectations that the leadership team will prioritize profitability over market share through tighter capex and opex management. On balance, bullish commentary highlights progress in operational efficiency, the potential for inference-led CPU deployments to support Data Center revenue, and the foundry business’s narrowing losses as key supports for the quarter’s setup. The majority view anticipates that Intel can deliver revenue around mid-guidance and maintain a constructive tone on segment execution, though the pathway for sustained EPS growth remains dependent on product ramps and continued expense discipline.