Analog Devices, Inc. (NASDAQ:ADI) Given Average Recommendation of “Moderate Buy” by Analysts

Analog Devices, Inc. (NASDAQ:ADI) has been given an average rating of “Moderate Buy” by the thirty-one ratings firms that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $429.8519.

Several research firms recently commented on ADI. Evercore reissued an “outperform” rating and set a $474.00 price target on shares of Analog Devices in a research report on Thursday. Barclays boosted their price target on Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday. Benchmark boosted their price target on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Wolfe Research reissued an “outperform” rating and set a $475.00 price target on shares of Analog Devices in a research report on Thursday. Finally, Susquehanna boosted their price target on Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a research report on Thursday, February 19th.

Key Analog Devices News

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

• Positive Sentiment: Analog Devices reported fiscal Q2 results that beat expectations, with revenue up 37.2% year over year and guidance for next quarter coming in above Wall Street estimates, reinforcing momentum in industrial, data center, and power products.
• Positive Sentiment: Several analysts raised price targets after the earnings beat, including Baird and Needham, signaling higher confidence in ADI’s execution and growth outlook.
• Positive Sentiment: ADI announced a $1.5 billion all-cash acquisition of Empower Semiconductor, a move aimed at strengthening its AI power solutions business as demand for AI infrastructure accelerates. Analog Devices Expands AI Power Strategy with $1.5B Empower Acquisition
• Positive Sentiment: Management also highlighted surging AI infrastructure demand, suggesting ADI is increasingly tied to the buildout of hyperscale and data center power/optical systems. Analog Devices CEO drops bombshell message on exploding AI infrastructure demand
• Neutral Sentiment: Analog Devices said CFO Richard Puccio will speak at the Bank of America Global Technology Conference on June 2, which could offer more color on business trends but is not a major fundamental event. Analog Devices to Participate in the Bank of America Global Technology Conference

Analog Devices Stock Performance

NASDAQ ADI opened at $397.07 on Friday. The firm has a market capitalization of $193.41 billion, a P/E ratio of 59.00, a P/E/G ratio of 1.28 and a beta of 1.19. Analog Devices has a 1-year low of $206.00 and a 1-year high of $435.72. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.35. The business’s 50-day simple moving average is $361.62 and its 200-day simple moving average is $315.79.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s revenue was up 37.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities analysts predict that Analog Devices will post 11.47 EPS for the current year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices’s payout ratio is 80.44%.

Insider Activity at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $397.91, for a total transaction of $3,979,100.00. Following the transaction, the chief executive officer directly owned 187,538 shares of the company’s stock, valued at approximately $74,623,245.58. The trade was a 5.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michael Sondel sold 4,199 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the transaction, the chief accounting officer directly owned 14,740 shares in the company, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,199 shares of company stock worth $8,676,423 over the last three months. 0.36% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Analog Devices

A number of institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp raised its position in shares of Analog Devices by 12.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock valued at $41,907,000 after acquiring an additional 19,383 shares in the last quarter. Nordea Investment Management AB raised its position in shares of Analog Devices by 247.3% during the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock valued at $95,802,000 after acquiring an additional 249,702 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of Analog Devices by 18.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company’s stock valued at $5,094,000 after acquiring an additional 3,286 shares in the last quarter. AE Wealth Management LLC raised its position in shares of Analog Devices by 26.4% during the 3rd quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock valued at $10,795,000 after acquiring an additional 9,174 shares in the last quarter. Finally, HF Advisory Group LLC raised its position in shares of Analog Devices by 661.6% during the 4th quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock valued at $13,477,000 after acquiring an additional 43,168 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

About Analog Devices

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.