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Public Preview · Sample · Companies & Markets

Intel Revenue Outlook Falls Below Analyst Estimate

Intel expects the PC market slowdown to continue through at least the first half of 2027, CFO David Zinsner said.

Article excerpt

Intel’s revenue forecast for the fourth quarter of 2026 is below the average analyst estimate, with the company putting sales between $15.0 billion and $16.0 billion. The outlook accompanied its third-quarter results on October 29, 2026. Reuters reported an average analyst forecast of $17.07 billion for the fourth quarter, above the upper end of Intel’s range.

The company’s results showed third-quarter revenue rising 21% from the same period in 2025 to $16.5 billion. Its Client Computing and Physical AI Group, which Intel identifies as including its PC-focused client business, recorded a different year-on-year result: revenue declined 5% to $8.1 billion.

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