Q1 EPS Estimates for Analog Devices Raised by Zacks Research

Analog Devices, Inc. (NASDAQ:ADI) – Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for Analog Devices in a research report issued on Tuesday, December 16th. Zacks Research analyst Team now expects that the semiconductor company will post earnings per share of $2.29 for the quarter, up from their prior forecast of $2.00. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $7.14 per share.

Other analysts have also recently issued reports about the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a report on Monday, December 15th. BNP Paribas Exane started coverage on Analog Devices in a report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 target price for the company. Piper Sandler set a $290.00 price target on shares of Analog Devices in a research note on Tuesday, November 25th. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $310.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $350.00 target price on shares of Analog Devices in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.22.

Analog Devices Stock Down 0.2%

Shares of ADI opened at $274.44 on Friday. Analog Devices has a 52 week low of $158.65 and a 52 week high of $284.23. The firm’s 50-day simple moving average is $250.17 and its 200 day simple moving average is $242.40. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.68 and a current ratio of 2.19. The firm has a market cap of $134.38 billion, a P/E ratio of 60.18, a price-to-earnings-growth ratio of 1.52 and a beta of 1.04.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Tuesday, November 25th. The semiconductor company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.04. The firm had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.02 billion. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The company’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.67 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Analog Devices by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 50,389,306 shares of the semiconductor company’s stock valued at $12,380,652,000 after acquiring an additional 162,075 shares in the last quarter. State Street Corp lifted its stake in shares of Analog Devices by 0.4% in the 3rd quarter. State Street Corp now owns 23,399,046 shares of the semiconductor company’s stock valued at $5,749,146,000 after purchasing an additional 81,790 shares during the period. Geode Capital Management LLC boosted its position in shares of Analog Devices by 5.7% during the second quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock valued at $2,770,448,000 after purchasing an additional 633,425 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock worth $2,304,098,000 after purchasing an additional 2,407,460 shares during the period. Finally, Norges Bank bought a new position in Analog Devices in the second quarter worth $1,803,377,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Michael Sondel sold 8,169 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $278.03, for a total value of $2,271,227.07. Following the completion of the transaction, the chief accounting officer directly owned 18,913 shares in the company, valued at approximately $5,258,381.39. The trade was a 30.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $234.95, for a total value of $2,349,500.00. Following the sale, the chief executive officer directly owned 163,640 shares of the company’s stock, valued at approximately $38,447,218. This trade represents a 5.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 40,419 shares of company stock valued at $10,249,017 over the last three months. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Monday, December 8th will be issued a $0.99 dividend. The ex-dividend date of this dividend is Monday, December 8th. This represents a $3.96 annualized dividend and a dividend yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is presently 86.84%.

Key Stores Impacting Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: BofA raised its price target to $320 (from $290) and kept a Buy rating — this signals confidence in a multi‑year, AI/upgrade-driven demand cycle that supports longer‑term upside. BofA Raises ADI Target
• Positive Sentiment: UBS lifted its target and reiterated a Buy — another major shop increasing its valuation supports positive analyst momentum and can attract institutional buying. UBS Lifts ADI Target
• Positive Sentiment: Truist raised its price target to $291 (from $258) — even though it remains a “Hold,” the higher target narrows upside risk and supports the stock at current levels. Truist Raises ADI Target
• Positive Sentiment: Zacks and other shops have raised several near‑term and multi‑year EPS estimates for ADI — upward revisions to earnings forecasts are supportive of valuation expansion and give analysts cover to lift targets. (Source: compile of Zacks/MarketBeat notes)
• Neutral Sentiment: Seeking Alpha notes “high growth across industrials” for ADI — thematic growth is encouraging, but execution and margin retention will determine stock impact. ADI Sees High Growth Across Industrials
• Neutral Sentiment: Valuation debate: a Yahoo Finance piece asks whether ADI’s ~110% five‑year run leaves substantial upside at current levels — raises the risk that momentum stalls if growth expectations slip. Has ADI’s 110% Five Year Surge Left Much Upside?
• Negative Sentiment: Insider selling: SVP Martin Cotter sold ~5,000 shares (~$1.36M) and director Ray Stata sold 3,125 shares (~$873k). While insider sales can be routine, clustered sales may raise short‑term sentiment pressure. Martin Cotter Sells ADI Stock Ray Stata Form 4

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.