Equity Profile

INTC

Intel Corporation

Information TechnologySemiconductors$490.4B

Jul23Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Intel Corporation (INTC) is a leading semiconductor company that designs and manufactures advanced integrated digital technology platforms. With a market cap of $490 billion, Intel plays a crucial role in powering devices across various sectors, including AI, cloud computing, and consumer electronics.

Key Metrics to Watch

Data Center Revenue

As a key growth driver, any increase in data center revenue will indicate strong demand for Intel's products in cloud and enterprise markets.

Expected to show growth.

Gross Margin

Gross margin is critical for understanding profitability; a higher margin suggests effective cost management and pricing power.

Expected to be stable or improving.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

INTC Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+273.98%

Avg Stock Reaction

-0.15%

Last Quarter Recap

In Q1 2026, Intel reported an EPS of $0.29, significantly beating estimates by 390%. The stock reacted positively, gaining 2.31% the following day.

Management Promises & Guidance

Focus on improving data center performance.
Commitment to enhancing gross margins.
Plans to invest in AI and cloud technologies.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Intel's upcoming earnings, given its recent strong performance and positive surprises.

Bull Case

If Intel continues to show strong growth in data center revenue and maintains or improves its gross margins, it could lead to a significant stock rally.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of declining margins, it could lead to a sharp sell-off.

Key Metrics to Watch

Data Center Revenue

Expected to show growth.

As a key growth driver, any increase in data center revenue will indicate strong demand for Intel's products in cloud and enterprise markets.

Gross Margin

Expected to be stable or improving.

Gross margin is critical for understanding profitability; a higher margin suggests effective cost management and pricing power.

EPS (Earnings Per Share)

Expected to be around $0.29.

EPS is a key indicator of a company's profitability; a positive surprise could boost investor confidence.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected growth rate for data center revenue this quarter?

Data center revenue is crucial for Intel's growth strategy, and any significant change could impact investor sentiment.

How is Intel managing its gross margins in the current market environment?

Gross margins are a key indicator of profitability; any decline could raise concerns about cost pressures.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Intel's ability to capitalize on AI and cloud demand, which could drive better-than-expected data center revenue growth.

Supporting Evidence

Recent earnings surprises suggest Intel is outperforming expectations.

Options pricing indicates a significant move, which may reflect hidden bullish sentiment.

Strong historical performance in the data center segment could continue to drive growth.

Key Risk

If data center revenue comes in below $5 billion, it could undermine the positive growth narrative.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will heavily depend on Intel's ability to sustain growth in its data center segment while managing costs effectively.

Bull Confirmed If

Data center revenue growth of +15% YoY or better with gross margin holding above 55%.

Bear Confirmed If

Gross margin falls below 50% or data center revenue growth is flat or negative.

Pre-Earnings Positioning

Options Market

Implied Move

±15.71%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±15.7% while INTC has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

99.1%

Calls (14.1M)P/C Ratio: 0.66Puts (8.9M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Intel beats expectations, history suggests the stock could rise by around 0.33% on the following day, confirming strong growth momentum.

In-Line / Cautious

If results are in line but management offers cautious commentary, the stock may react neutrally, reflecting uncertainty.

Miss

Should Intel miss expectations, history suggests a potential drop of around -3.50%, indicating investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House + Senate

Est. Notional

$16,002.00–$65,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on data center revenue growth and any specific figures.
2Management's commentary on gross margin trends and cost management strategies.
3Insights into Intel's investments in AI and cloud technologies.
4Any changes in guidance for the upcoming quarters.
5Discussion on competitive pressures and market share.

See the full picture

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More Earnings This Week

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Calix, Inc.

Company Snapshot

Key Metrics to Watch

Data Center Revenue

As a key growth driver, any increase in data center revenue will indicate strong demand for Intel's products in cloud and enterprise markets.

Expected to show growth.

Gross Margin

Gross margin is critical for understanding profitability; a higher margin suggests effective cost management and pricing power.

Expected to be stable or improving.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

INTC Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+273.98%

Avg Stock Reaction

-0.15%

Last Quarter Recap

In Q1 2026, Intel reported an EPS of $0.29, significantly beating estimates by 390%. The stock reacted positively, gaining 2.31% the following day.

Management Promises & Guidance

Focus on improving data center performance.
Commitment to enhancing gross margins.
Plans to invest in AI and cloud technologies.

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Intel's upcoming earnings, given its recent strong performance and positive surprises.

Bull Case

If Intel continues to show strong growth in data center revenue and maintains or improves its gross margins, it could lead to a significant stock rally.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of declining margins, it could lead to a sharp sell-off.

Key Metrics to Watch

Data Center Revenue

Expected to show growth.

As a key growth driver, any increase in data center revenue will indicate strong demand for Intel's products in cloud and enterprise markets.

Gross Margin

Expected to be stable or improving.

Gross margin is critical for understanding profitability; a higher margin suggests effective cost management and pricing power.

EPS (Earnings Per Share)

Expected to be around $0.29.

EPS is a key indicator of a company's profitability; a positive surprise could boost investor confidence.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected growth rate for data center revenue this quarter?

Data center revenue is crucial for Intel's growth strategy, and any significant change could impact investor sentiment.

How is Intel managing its gross margins in the current market environment?

Gross margins are a key indicator of profitability; any decline could raise concerns about cost pressures.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Intel's ability to capitalize on AI and cloud demand, which could drive better-than-expected data center revenue growth.

Supporting Evidence

Recent earnings surprises suggest Intel is outperforming expectations.

Options pricing indicates a significant move, which may reflect hidden bullish sentiment.

Strong historical performance in the data center segment could continue to drive growth.

Key Risk

If data center revenue comes in below $5 billion, it could undermine the positive growth narrative.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will heavily depend on Intel's ability to sustain growth in its data center segment while managing costs effectively.

Bull Confirmed If

Data center revenue growth of +15% YoY or better with gross margin holding above 55%.

Bear Confirmed If

Gross margin falls below 50% or data center revenue growth is flat or negative.

Pre-Earnings Positioning

Options Market

Implied Move

±15.71%

Historical Avg

±3.0%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±15.7% while INTC has averaged ±3.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

99.1%

Calls (14.1M)P/C Ratio: 0.66Puts (8.9M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Intel beats expectations, history suggests the stock could rise by around 0.33% on the following day, confirming strong growth momentum.

In-Line / Cautious

If results are in line but management offers cautious commentary, the stock may react neutrally, reflecting uncertainty.

Miss

Should Intel miss expectations, history suggests a potential drop of around -3.50%, indicating investor disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House + Senate

Est. Notional

$16,002.00–$65,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on data center revenue growth and any specific figures.
2Management's commentary on gross margin trends and cost management strategies.
3Insights into Intel's investments in AI and cloud technologies.
4Any changes in guidance for the upcoming quarters.
5Discussion on competitive pressures and market share.