Intel Forecasts Lower Q1 Revenue and EPS, Shares Fall
Intel's Q1 2026 revenue guidance of $11.7–12.7 billion and break-even EPS fell short of analyst expectations. Shares dropped 5% in extended trading.
Insights:
Intel Corporation has announced its first-quarter 2026 revenue guidance of $11.7 billion to $12.7 billion, alongside an expectation of break-even adjusted earnings per share. These figures fall below the analyst consensus estimates of $12.51 billion in revenue and 5 cents EPS, causing Intel's shares to slump roughly 5% in extended trading.
The shortfall is attributed to several operational challenges. Supply constraints have hampered production, while the company's new 18A manufacturing technology has yielded weak results, with only a small percentage of chips meeting customer delivery standards. Additionally, Intel continues to lose market share in the PC sector to competitors such as Advanced Micro Devices, Inc. and Arm Holdings .
