Intel (INTC) third quarter results are expected after the closing bell on Thursday. Analysts are not optimistic about the struggling chipmaker, with Wall Street generally banking on a loss and expecting relatively little upside for the shares.

Of the 17 Intel-focused brokers tracked by Visible Alpha, 13 have “hold” ratings, compared to three “sell” ratings and just one “buy.” Intel stock lost more than half its value this yearending Tuesday at $22.90. The consensus price target is $25.87, a premium of approximately 13% to today’s close.

Wedbush analysts said they “expect an unhappy Halloween” for Intel. The PC market has slowed, the company said, and Intel is at a disadvantage compared to its rival. Advanced microdevices (AMD) regarding the server market.

Intel revenue decline and net loss noted by analysts

Analysts expect revenue to fall 8% year-over-year to $13.03 billion, as well as net loss of $955 million, or 23 cents per share, according to Visible Alpha. Analysts expect revenue to fall 8% year-over-year to $13.03 billion, as well as net loss of $955 million, or 23 cents per share,

Wedbush is so skeptical of Intel’s ability to meet or exceed those expectations that the company said the company’s only hope for third-quarter results was that it was “so conservative with its outlook (the more recent), that even unfavorable conditions for several activities are not. enough to create a failure.