Duarte, Miguel MarecosTrabuco, Vicente José dos Santos Gonçalves Colaço2025-02-252025-02-252024-01-252023-12-20http://hdl.handle.net/10362/179735The objective of this Equity Research is to evaluate the valuation of Intel Corporation's stock, a prominent manufacturer of central processing units and semiconductors established in 1968. Despite its illustrious history as an industry leader, Intel has recently faced challenges and is currently undergoing internal restructuring. However, the market expresses confidence in Intel's path to success, especially considering recent workforce reductions in the tech industry. The financial statements of the company underwent thorough analysis and restructuring, projecting forward until the year 2035 when a steady state is anticipated. The Weighted Average Cost of Capital (WACC) was projected annually for this analysis, with a terminal growth rate set at 7.77%. Based on the conducted analysis, the target share price for Intel Corporation in FY2024 is projected at $55.81. This figure represents a capital gain of 18.2% and a dividend yield of 1.17%. With an overall return of 19.37%, the recommendation for Intel shares is a buy.engEquity researchValuationSemiconductorsFinancial forecastCorporate valuationData centerArtificial intelligenceAccelerated computingNetwork and edgeMicroprocessorsIntelClient computingEdge computingSemiconductor foundrymaster thesis203865766