Analog Devices, Inc. (NASDAQ:ADI) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Analog Devices has a “Moderate Buy” consensus rating from 29 analysts: 23 recommend buying, four rate it a hold, and two give it a strong-buy rating. The average 12-month price target is $441, above the reported share price of $377.69.
• The company exceeded quarterly expectations, reporting EPS of $3.09 versus $2.89 expected and revenue of $3.62 billion, up 37.2% year over year. Management provided third-quarter fiscal 2026 EPS guidance of $3.15–$3.45.
• Institutional investors own a substantial 86.81% of ADI’s shares, with major firms including Norges Bank and Bank of America increasing or initiating positions. Insiders have sold $41.7 million worth of stock over the past 90 days, while the company maintains a $1.10 quarterly dividend, yielding about 1.2%.

Shares of Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the twenty-nine research firms that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $441.00.

ADI has been the subject of several research analyst reports. Oppenheimer boosted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 12th. Robert W. Baird lifted their price target on Analog Devices from $365.00 to $450.00 and gave the stock an "outperform" rating in a research note on Thursday, May 21st. Argus set a $460.00 price target on Analog Devices in a research note on Tuesday, May 26th. JPMorgan Chase & Co. boosted their price objective on Analog Devices from $400.00 to $450.00 and gave the company an "overweight" rating in a report on Tuesday, May 26th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $450.00 price objective on shares of Analog Devices in a research note on Wednesday, May 20th.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Ray Stata sold 1,432 shares of Analog Devices stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the transaction, the director owned 120,175 shares of the company's stock, valued at $48,169,745.25. The trade was a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the business's stock in a transaction on Monday, July 13th. The shares were sold at an average price of $389.83, for a total transaction of $389,830.00. Following the sale, the director owned 11,019 shares of the company's stock, valued at approximately $4,295,536.77. The trade was a 8.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 103,858 shares of company stock valued at $41,713,630. Company insiders own 0.36% of the company's stock.

Institutional Investors Weigh In On Analog Devices

Institutional investors and hedge funds have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Analog Devices during the fourth quarter worth about $2,215,516,000. Bank of America Corp DE lifted its position in Analog Devices by 42.8% in the 4th quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company's stock valued at $2,634,734,000 after purchasing an additional 2,912,666 shares during the last quarter. Amundi lifted its position in Analog Devices by 44.8% in the 3rd quarter. Amundi now owns 6,215,129 shares of the semiconductor company's stock valued at $1,507,740,000 after purchasing an additional 1,922,302 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Analog Devices by 29.2% during the 3rd quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company's stock valued at $1,186,714,000 after purchasing an additional 1,091,004 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in Analog Devices by 3,456.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company's stock worth $287,398,000 after purchasing an additional 1,029,927 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Analog Devices Stock Down 0.7%

ADI stock opened at $377.69 on Thursday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The firm has a 50 day simple moving average of $395.90 and a 200-day simple moving average of $365.24. The company has a market capitalization of $183.97 billion, a P/E ratio of 56.12, a PEG ratio of 0.99 and a beta of 1.20. Analog Devices has a twelve month low of $218.37 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion for the quarter, compared to analysts' expectations of $3.51 billion. During the same period in the prior year, the company posted $1.85 earnings per share. The firm's quarterly revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities research analysts predict that Analog Devices will post 12.42 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices's dividend payout ratio is currently 65.38%.

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.

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