Intel Corp (NASDAQ:INTC) stock fell after reporting a first-quarter (Q1) revenue miss and weak Q2 EPS guidance. The company’s quarterly earnings of 18 cents per share beat the consensus estimate by 28.57%. However, sales of $12.72 billion missed estimates by 0.44%. Related: Intel Shares Fall On Q1 Revenue Miss, Weak Q2 EPS Guidance CEO Pat Gelsinger remains confident in company’s future, proclaiming “Intel is back.” Here's what analysts have to say about the earnings report. JPMorgan Chase analyst Harlan Sur reiterated Underweight on Intel stock, reducing the price target from $37 to $35 a share. Goldman Sachs analyst Toshiya Hari maintains his Sell rating on the stock, reducing the price target from $39 to $34. Oppenheimer analyst Rick Schafer maintained his Perform rating on the stock without stating a price target. Needham analyst N. Quinn Bolton, CFA reiterated Hold with no price target on the stock. Wedbush analyst Matt Bryson rates the stock Neutral with his 12-month price target on the stock down from $40 to $32.50 a share. BofA Securities analyst Vivek Arya reiterated his Neutral rating on the stock, while lowering price target from $44 to $40. Mizuho Securities analyst Vijay Rakesh rates the stock a Buy with price target lowered from $55 to $45 a share. Also Read: Intel CEO Said Foundry Business Will See Sequential Improvement In Every Quarter Till 2030- Conf Call JPMorgan: According to Sur, Intel’s guidance suggests a slow recovery for PC and data center segments, requiring a strong second half for full-year outlook. There appear to be confidence issues in core compute and diversification initiatives. Customer foundry revenue was lower than expected in Q1, but product and technology pipeline remains strong. The company’s roadmap milestones are on track, with new products like Sierra Forest and Granite Rapids ramping up. Overall, while 2Q guidance is muted, there is optimism for a gradual recovery in general compute demand but Intel “will be an underperformer relative to the group over the next 12-18 months,” Sur says. Goldman Sachs: ...