Analog Devices (ADI) Projected to Post Quarterly Earnings on Thursday

Analog Devices (NASDAQ:ADI - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, May 22nd. Analysts expect the company to announce earnings of $1.69 per share and revenue of $2.50 billion for the quarter. Analog Devices has set its Q2 2025 guidance at 1.580-1.780 EPS and its Q2 guidance at $1.58-1.78 EPS.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The semiconductor company reported $1.63 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.09. Analog Devices had a return on equity of 8.91% and a net margin of 16.75%. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the company posted $1.73 earnings per share. The business's revenue for the quarter was down 3.6% on a year-over-year basis. On average, analysts expect Analog Devices to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Analog Devices Stock Down 0.0%

Shares of Analog Devices stock traded down $0.05 on Tuesday, reaching $224.49. 2,619,082 shares of the company were exchanged, compared to its average volume of 3,519,473. Analog Devices has a 1-year low of $158.65 and a 1-year high of $247.10. The company has a market cap of $111.34 billion, a P/E ratio of 71.49, a price-to-earnings-growth ratio of 2.85 and a beta of 0.98. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.93 and a quick ratio of 1.43. The stock's 50 day moving average price is $197.36 and its 200-day moving average price is $210.42.

Analog Devices declared that its Board of Directors has approved a share buyback program on Tuesday, February 18th that authorizes the company to buyback $10.00 billion in shares. This buyback authorization authorizes the semiconductor company to purchase up to 9.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Truist Financial boosted their price objective on Analog Devices from $230.00 to $248.00 and gave the stock a "hold" rating in a research report on Thursday, February 20th. Stifel Nicolaus boosted their price objective on Analog Devices from $225.00 to $248.00 and gave the stock a "buy" rating in a research report on Tuesday. UBS Group lowered their price objective on Analog Devices from $300.00 to $295.00 and set a "buy" rating for the company in a research report on Monday, May 12th. Needham & Company LLC reiterated a "hold" rating on shares of Analog Devices in a research note on Thursday, February 20th. Finally, Benchmark increased their price target on shares of Analog Devices from $245.00 to $275.00 and gave the company a "buy" rating in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $252.35.

Insider Activity

In other news, EVP Vivek Jain sold 12,684 shares of the company's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $210.00, for a total transaction of $2,663,640.00. Following the completion of the sale, the executive vice president now owns 43,175 shares in the company, valued at $9,066,750. This represents a 22.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ray Stata sold 3,125 shares of the company's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $180.21, for a total value of $563,156.25. Following the sale, the director now owns 186,321 shares of the company's stock, valued at $33,576,907.41. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 42,934 shares of company stock valued at $8,735,156. 0.33% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Analog Devices stock. Brighton Jones LLC boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 39.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,867 shares of the semiconductor company's stock after acquiring an additional 529 shares during the quarter. Brighton Jones LLC's holdings in Analog Devices were worth $397,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 86.81% of the company's stock.

About Analog Devices

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.