Intel is due to report Q2 2026 results after the U.S. market close on July 23; Wedbush expects strength in data center and pricing, while a prominent trader reopened a roughly $2.52 million long position ahead of earnings.
Intel is scheduled to release Q2 2026 earnings after the U.S. market closes on July 23, with Wedbush saying the company is likely to post strong results even as investor sentiment remains a key wild card. The bank said data center operations could drive growth, with sales in that business expected to rise 10% quarter on quarter and 40% year on year, while average selling prices are projected to increase by a double-digit percentage. Prior company guidance called for revenue of $13.8 billion-$14.8 billion and non-GAAP EPS of $0.20. Ahead of the report, a prominent U.S. stock trader reopened 2.52 million long positions in Intel after a previous trade in the stock generated $920,000, adding to signs of heightened positioning before the earnings release.