Should I buy or sell Analog Devices stock right now?

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last year. There are currently 6 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ADI shares. View ADI analyst ratings or view top-rated stocks .

What is Analog Devices' stock price target for 2024?

24 Wall Street research analysts have issued 12 month target prices for Analog Devices' shares. Their ADI share price targets range from $175.00 to $285.00. On average, they anticipate the company's share price to reach $243.23 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View analysts price targets for ADI or view top-rated stocks among Wall Street analysts .

How have ADI shares performed in 2024?

Analog Devices' stock was trading at $198.56 at the beginning of the year. Since then, ADI stock has increased by 17.1% and is now trading at $232.51. View the best growth stocks for 2024 here .

When is Analog Devices' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 28th 2024. View our ADI earnings forecast .

How were Analog Devices' earnings last quarter?

Analog Devices, Inc. (NASDAQ:ADI) posted its earnings results on Wednesday, May, 22nd. The semiconductor company reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.26 by $0.14. The semiconductor company earned $2.16 billion during the quarter, compared to analyst estimates of $2.11 billion. Analog Devices had a net margin of 20.45% and a trailing twelve-month return on equity of 10.74%. The company's revenue for the quarter was down 33.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.83 earnings per share. Read the conference call transcript .

How often does Analog Devices pay dividends? What is the dividend yield for Analog Devices?

Analog Devices announced a quarterly dividend on Wednesday, May 22nd. Stockholders of record on Tuesday, June 4th will be given a dividend of $0.92 per share on Monday, June 17th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, June 4th. Read our dividend analysis for ADI .

Is Analog Devices a good dividend stock?

Analog Devices (NASDAQ:ADI) pays an annual dividend of $3.68 per share and currently has a dividend yield of 1.57%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 85.98%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ADI will have a dividend payout ratio of 47.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ADI .

What ETFs hold Analog Devices' stock?

ETFs with the largest weight of Analog Devices (NASDAQ:ADI) stock in their portfolio include FPA Global Equity ETF (FPAG) , Fidelity Electric Vehicles and Future Transportation ETF (FDRV) , iShares Semiconductor ETF (SOXX) , Columbia Seligman Semiconductor and Technology ETF (SEMI) , Fundamentals First ETF (KNOW) , Xtrackers Semiconductor Select Equity ETF (CHPS) , Invesco PHLX Semiconductor ETF (SOXQ) and First Trust Nasdaq Semiconductor ETF (FTXL) .

What guidance has Analog Devices issued on next quarter's earnings?

Analog Devices updated its third quarter earnings guidance on Wednesday, May, 22nd. The company provided earnings per share (EPS) guidance of $1.40-$1.60 for the period, compared to the consensus EPS estimate of $1.34. The company issued revenue guidance of $2.17-$2.37 billion, compared to the consensus revenue estimate of $2.16 billion.

What is Vincent Roche's approval rating as Analog Devices' CEO?

344 employees have rated Analog Devices Chief Executive Officer Vincent Roche on Glassdoor.com . Vincent Roche has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Analog Devices own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Analog Devices investors own include NVIDIA (NVDA) , Intel (INTC) , Advanced Micro Devices (AMD) , QUALCOMM (QCOM) , Micron Technology (MU) , Cisco Systems (CSCO) , Alibaba Group (BABA) , Broadcom (AVGO) , AT&T (T) and Walt Disney (DIS) .

Who are Analog Devices' major shareholders?

Analog Devices' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.62%), Price T Rowe Associates Inc. MD (1.65%), Capital International Investors (1.04%), Lazard Asset Management LLC (0.93%), Bank of New York Mellon Corp (0.80%) and First Eagle Investment Management LLC (0.78%). Insiders that own company stock include Bruce R Evans , Edward H Frank , Gregory N Henderson , James Champy , Kenton J Sicchitano , Prashanth Mahendra-Rajah , Tunc Doluca , Vincent Roche and Vivek Jain . View institutional ownership trends .

How do I buy shares of Analog Devices?

Shares of ADI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Analog Devices have any subsidiaries?

The following companies are subsidiares of Analog Devices: 9164-4187 Quebec Inc, ANALOG DEVICES LIMERICK UNLIMITED COMPANY, ANALOG DEVICES LIMITED, Acuitas Silicon Limited, Ad Cooperative LLC, Adaptec, Analog Devices (China) Co. Ltd., Analog Devices (China) Holdings Co. Ltd., Analog Devices (Finland) OY, Analog Devices (Hangzhou) Co. Ltd., Analog Devices (Phils.) Inc., Analog Devices A.B., Analog Devices A/S, Analog Devices Atlantic Unlimited Company, Analog Devices Australia Pty. Ltd., Analog Devices Canada Ltd., Analog Devices Cooperatief U.A., Analog Devices Federal LLC, Analog Devices GMBH, Analog Devices Gen. Trias Inc., Analog Devices Holdings B.V., Analog Devices Inc., Analog Devices India Private Limited, Analog Devices International LLC, Analog Devices International Unlimited Company, Analog Devices Israel Ltd., Analog Devices K.K., Analog Devices Korea Ltd., Analog Devices LLC, Analog Devices Limited Egypt LLC, Analog Devices Mexico S. de R.L. de C.V., Analog Devices Microelectronics, Analog Devices Mikroelektronik Sanayi Ve Ticaret Ltd., Analog Devices Nederland B.V., Analog Devices Norway AS, Analog Devices Pty. Ltd., Analog Devices Realty Holdings Inc., Analog Devices Romania S.R.L., Analog Devices S.L.U., Analog Devices SAS, Analog Devices SRL, Analog Devices Sdn Bhd, Analog Devices Sp. Z o.o., Analog Devices Taiwan Ltd, AudioAsics, BCO Technologies, Bedrock Automation Platforms Inc., Calvatec Limited, Cambridge Analog Technologies Inc., ChipLogic, Edinburgh Portable Compilers, Electric Motors Test S.L., HMC Netherlands C.V., Hittite Microwave, Hittite Microwave Holding LLC, Hittite Microwave LLC, Hittite Microwave SARL, INVECAS - High Definition Multimedia Interface, Icron Technologies Corporation, Innova Card, Innovasic Inc., Innovasic Semiconductor Inc, Integrant Technologies, Integrated Micro Instruments, L&L Engineering LLC, Laser Beam Steering Technology, Linear Technology, Linear Technology (Israel) Ltd., Linear Technology Corporation Limited, Linear Technology GK, Linear Technology Holding LLC, Linear Technology KK, Linear Technology PTE LTD, Linear Technology S.A.R.L., Linear Technology Semiconductor India Private Limited, Linear Technology Taiwan Corporation, Lyric Semiconductor, MAXIM (I.P.) ENTERPRISE SOLUTIONS CORPORATION, MAXIM PHIL. HOLDING CORPORATION, MXIM Circuits Design Shanghai Limited, Maxim Dallas (Shanghai) Semiconductor Trading Co. Ltd., Maxim France SARL, Maxim Gesellschaft fur elektronische integrierte Bausteine GmbH, Maxim India Integrated Circuit Design Private Limited, Maxim Integrated, Maxim Integrated Acquisition GmbH, Maxim Integrated GmbH, Maxim Integrated Products (Thailand) Co. Ltd., Maxim Integrated Products Asia Limited, Maxim Integrated Products GmbH (Austria), Maxim Integrated Products GmbH (Germany), Maxim Integrated Products Inc., Maxim Integrated Products India Sales Private Limited, Maxim Integrated Products International Limited, Maxim Integrated Products International Sales Ireland Ltd Filial Sweden, Maxim Integrated Products International Sales Japan GK, Maxim Integrated Products International Sales Limited, Maxim Integrated Products International Sales Limited Türkiye Istanbul rtibat Bürosu, Maxim Integrated Products Korea Inc., Maxim Integrated Products UK Limited, Maxim International Holding Inc., Maxim Island Holdings Corporation, Maxim Japan Co. Ltd, Maxim Mikroelektronik Tasarim ve Gelistirme Ltd. Sti, Maxim Phil. Land Corporation, Maxim Phil. Operating Corporation, Maxim Semiconductor Corporation (Taiwan), Metroic, Mobilygen Corporation, Multigig, Multigig Inc., OneTree Microdevices, Onetree Microdevices Inc., OtoSense, Otosense Inc., Phyworks Limited, Sand 9, Scintera Networks LLC, Security Bank Corp., Semiconductor Topco Corp., Signal Processing Associates, Staccato Systems, Symeo, TTPCom, TagArray Inc., Teridian Semiconductor Corporation, Teridian Semiconductor Intermediate Holding Corp., Test Motors, Thomas Neuroth, Trinamic Motion Control GmbH & Co. KG, Trinamic OÜ, Trinamic Verwaltungsgesellschaft mbH, Volterra Asia Pte. Ltd., Volterra Semiconductor LLC, and White Mountain DSP. Read More

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NASDAQ:ADI

Analog Devices (ADI) Stock Price, News & Analysis

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$232.51

-2.05 (-0.87%)

(As of 05/24/2024 ET)

Compare

Today's Range: $232.20
▼
$238.32
50-Day Range: $183.36
▼
$240.16
52-Week Range: $154.99
▼
$241.88

Volume: 4.54 million shs
Average Volume: 3.27 million shs
Market Capitalization: $115.38 billion

P/E Ratio: 54.32
Dividend Yield: 1.58%
Price Target: $243.23

Get Analog Devices alerts:

Analog Devices MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 4.6% Upside
$243.23 Price Target
Short Interest: Healthy
2.06% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.08
Upright™ Environmental Score
News Sentiment: 0.69
Based on 80 Articles This Week
Insider Trading: Selling Shares
$4.87 M Sold Last Quarter
Proj. Earnings Growth: 30.35%
From $5.93 to $7.73 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.78 out of 5 stars

Computer And Technology Sector

30th out of 590 stocks

Semiconductors & Related Devices Industry

7th out of 88 stocks

2.4

Analyst's Opinion

Consensus Rating
Analog Devices has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 18 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Analog Devices has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Analog Devices' stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
2.06% of the outstanding shares of Analog Devices have been sold short.
Short Interest Ratio / Days to Cover
Analog Devices has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Analog Devices has recently increased by 19.44%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Analog Devices pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Analog Devices has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Analog Devices is 85.98%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Analog Devices will have a dividend payout ratio of 47.61% next year. This indicates that Analog Devices will be able to sustain or increase its dividend.
Read more about Analog Devices' dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Analog Devices has received a 38.74% net impact score from Upright. Analog Devices seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Network switches", "Network signal amplifiers", and "System on a chip" products. See details.
Environmental Sustainability
The Environmental Impact score for Analog Devices is -1.08.

2.6

News and Social Media Coverage

News Sentiment
Analog Devices has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 80 news articles for Analog Devices this week, compared to 12 articles on an average week.
Search Interest
31 people have searched for ADI on MarketBeat in the last 30 days. This is an increase of 94% compared to the previous 30 days.
MarketBeat Follows
Only 11 people have added Analog Devices to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Analog Devices insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,874,613.00 in company stock.
Percentage Held by Insiders
Only 0.31% of the stock of Analog Devices is held by insiders.
Percentage Held by Institutions
86.81% of the stock of Analog Devices is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Analog Devices' insider trading history.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Analog Devices are expected to grow by 30.35% in the coming year, from $5.93 to $7.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Analog Devices is 54.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Analog Devices is 54.32, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 213.80.
Price to Earnings Growth Ratio
Analog Devices has a PEG Ratio of 5.82. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Analog Devices has a P/B Ratio of 3.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Analog Devices' valuation and earnings.

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About Analog Devices Stock (NASDAQ:ADI)

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. It also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company provides digital signal processing and system products for numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.

ADI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ADI Stock News Headlines

May 23 at 6:15 AM | marketbeat.com

Analog Devices Extends Rally: Signals Start to Cyclical Recovery

Analog Devices NASDAQ: ADI share prices are surging because a trough is in place, and the outlook is robust. The FQ2 results and guidance for FQ3 aren't robust but show markets stronger than expected, and AI supports the pivot back to growth.

May 23 at 6:15 AM | marketbeat.com

Analog Devices Extends Rally: Signals Start to Cyclical Recovery

Dividend-paying Analog Devices is indicating the start of a cyclical recovery in the semiconductor markets that will drive results for the next few years

May 3, 2024 | insidertrades.com

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche Sells 10,000 Shares

April 30, 2024 | marketbeat.com

NXP Semiconductors Will Set a New High Soon: $300 in Sight (ADI)

NXP Semiconductors is well-positioned in the industrial and commercial markets. Analysts forecast a pivot back to growth later this year.

May 25 at 9:46 AM | finance.yahoo.com

Analog Devices, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 25 at 8:11 AM | americanbankingnews.com

Analog Devices (NASDAQ:ADI) Updates Q3 Earnings Guidance

May 25 at 7:36 AM | americanbankingnews.com

Analog Devices (NASDAQ:ADI) Posts Quarterly Earnings Results, Beats Estimates By $0.14 EPS

May 25 at 7:02 AM | americanbankingnews.com

Analog Devices (NASDAQ:ADI) Releases Q3 2024 Earnings Guidance

May 24 at 6:45 PM | markets.businessinsider.com

Buy Rating for Analog Devices: Navigating Cyclical Challenges with Robust Margins and Growth Outlook