Analog Devices (NASDAQ:ADI) Upgraded at Needham & Company LLC

Needham & Company LLC upgraded shares of Analog Devices (NASDAQ:ADI) from a hold rating to a buy rating in a research report released on Thursday, Marketbeat Ratings reports. The brokerage currently has $400.00 price objective on the semiconductor company’s stock.

A number of other analysts also recently weighed in on ADI. Jefferies Financial Group reissued a “buy” rating and issued a $410.00 price target on shares of Analog Devices in a report on Thursday. JPMorgan Chase & Co. upped their price target on Analog Devices from $310.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Cantor Fitzgerald raised their price objective on Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Sanford C. Bernstein reissued a “market perform” rating and set a $270.00 price objective on shares of Analog Devices in a report on Wednesday, November 26th. Finally, Stifel Nicolaus set a $405.00 price target on shares of Analog Devices and gave the stock a “buy” rating in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Trading Up 2.8%

Shares of ADI stock opened at $355.03 on Thursday. Analog Devices has a 12 month low of $158.65 and a 12 month high of $355.45. The company has a market cap of $173.33 billion, a PE ratio of 64.91, a price-to-earnings-growth ratio of 2.01 and a beta of 1.03. The company has a quick ratio of 1.68, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $302.42 and its two-hundred day moving average is $264.97.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.15. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. Analog Devices’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities analysts predict that Analog Devices will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 3rd. Analog Devices’s payout ratio is 80.44%.

Insiders Place Their Bets

In other news, CAO Michael Sondel sold 8,169 shares of the company’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total transaction of $2,271,227.07. Following the completion of the transaction, the chief accounting officer directly owned 18,913 shares of the company’s stock, valued at $5,258,381.39. This represents a 30.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the transaction, the director owned 123,821 shares of the company’s stock, valued at $39,288,403.30. The trade was a 2.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 53,544 shares of company stock worth $15,320,417 in the last ninety days. 0.36% of the stock is owned by insiders.

Hedge Funds Weigh In On Analog Devices

Several large investors have recently bought and sold shares of ADI. Howard Hughes Medical Institute purchased a new position in shares of Analog Devices in the 2nd quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Analog Devices in the 4th quarter worth $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices in the 4th quarter worth approximately $27,000. Clayton Financial Group LLC purchased a new stake in Analog Devices during the third quarter valued at about $31,000. Finally, Y.D. More Investments Ltd bought a new position in shares of Analog Devices in the third quarter worth approximately $32,000. 86.81% of the stock is currently owned by institutional investors.

Analog Devices News Summary

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

• Positive Sentiment: Q1 results beat and management raised Q2 guidance sharply (EPS guidance 2.73–3.03 vs. consensus ~2.36; revenue guide roughly $3.4–$3.6B vs. ~$3.1B), signaling continued demand in data center/AI infrastructure and supporting earnings momentum. Analog Devices surges on earnings beat, strong Q2 guidance
• Positive Sentiment: Core quarter metrics: EPS $2.46 vs. $2.31 expected; revenue ~$3.16B, up ~30% Y/Y — expanded margins and stronger top‑line that validate the guidance. Zacks: ADI Q1 Earnings Beat
• Positive Sentiment: Multiple brokerages hiked price targets and ratings (JPMorgan, Wells Fargo, Benchmark, Needham, etc.), with several new targets near $400 — the analyst momentum reinforces the bullish narrative and can lift demand for the stock. Investors Business Daily: Blizzard of Price-Target Hikes
• Positive Sentiment: AI/data‑center exposure highlighted in coverage — several pieces note ADI as a momentum play benefiting from AI infrastructure demand and industrial/data-center mix strength. That thematic tailwind is supporting investor interest. Seeking Alpha: AI Narrative Stealing the Show
• Positive Sentiment: Momentum/market interest articles and institutional buying narratives are amplifying the move, attracting momentum traders after the quarter. FXEmpire: Watch as Big Money Boosts Analog Devices
• Neutral Sentiment: Management will present at the Morgan Stanley TMT conference (March 3) — provides another forum for management to reinforce the AI/data-center story and for analysts to ask detail‑level questions. PRNewswire: ADI to Participate in Morgan Stanley TMT Conference
• Neutral Sentiment: Short‑interest entries in the feed appear to show erroneous/zero values (reported “0 shares”/NaN); there’s no clear short‑pressure signal from those data points — treat as unreliable until corrected.

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.