Intel Corp INTC will be reporting its fourth-quarter earnings on Thursday. Wall Street expects 12 cents in EPS and $13.81 billion in revenues as the company reports after market hours.

The stock is down 54.51% over the past year, 1.36% YTD. Investors are closely watching updates on PC demand, AI pipeline, and the ongoing CEO search. The chipmaker has struggled with weak AI positioning and declining data center market share, raising concerns over its long-term growth.

Let’s look at what the charts indicate for Intel stock and how the stock currently maps against Wall Street estimates.

Strong Bearish Pressure Ahead Of Q4 Earnings

Intel stock is struggling under strong bearish pressure, with its share price of $19.98 trading below its five-, 20- and 50-day exponential moving averages. This signals continued selling pressure and the risk of further downside.

Chart created using Benzinga Pro

The eight-day and 20-day simple moving averages confirm short-term weakness, suggesting that Intel stock has yet to find a solid support level. The 50-day simple moving average at $21.31 reinforces this bearish outlook, making any near-term rallies suspect.

Meanwhile, the 200-day simple moving average at $25.56 highlights the stock's prolonged downtrend, signaling a challenging road to recovery.

The Moving Average Convergence Divergence (MACD) at a negative 0.12 points to ongoing negative momentum, while a Relative Strength Index (RSI) of 44.67 suggests the stock is approaching, but not yet in, oversold territory.

Investors should brace for continued volatility and look for signs of stabilization before considering a potential bullish reversal.

Intel Analysts See 12% Upside

Ratings & Consensus Estimates: The consensus analyst rating on Intel stock stands at Neutral currently with a price target of $28.54. The latest analyst ratings from UBS, Citigroup and Barclays imply a 12.14% upside for Intel stock, with a $22.33 average price target.

INTC Price Action: Intel stock was trading down 1.25% at $19.80 at the time of publication Wednesday.

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