Analog Devices (NASDAQ:ADI) Receives "Buy (B-)" Rating from Weiss Ratings

Key Points

• Analog Devices has received a "Buy (B-)" rating from Weiss Ratings, reaffirming confidence from several analysts.
• The stock's price target was increased by multiple analysts, with JPMorgan Chase raising it from $300.00 to $310.00.
• In its latest earnings report, Analog Devices achieved $2.05 EPS for the quarter, exceeding estimates, with revenue increasing by 24.6% year-over-year.

Analog Devices (NASDAQ:ADI - Get Free Report)'s stock had its "buy (b-)" rating reaffirmed by stock analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Needham & Company LLC restated a "hold" rating on shares of Analog Devices in a research note on Thursday, August 21st. Benchmark upped their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Cantor Fitzgerald upped their price objective on shares of Analog Devices from $270.00 to $300.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 30th. Finally, Seaport Res Ptn raised shares of Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Analog Devices presently has a consensus rating of "Moderate Buy" and a consensus target price of $275.29.

Analog Devices Stock Performance

Shares of ADI stock traded up $4.18 on Wednesday, hitting $237.93. The company's stock had a trading volume of 3,987,191 shares, compared to its average volume of 3,832,487. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The stock's 50 day moving average is $241.19 and its 200-day moving average is $223.76. Analog Devices has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The company has a market capitalization of $117.05 billion, a PE ratio of 60.70, a PEG ratio of 2.04 and a beta of 1.09.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the prior year, the company posted $1.58 earnings per share. Analog Devices's revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts expect that Analog Devices will post 7.14 earnings per share for the current fiscal year.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the sale, the senior vice president owned 63,048 shares of the company's stock, valued at approximately $15,525,570. This represents a 16.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the sale, the director directly owned 155,071 shares of the company's stock, valued at $38,290,131.32. This represents a 1.98% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,240 shares of company stock worth $12,980,578. Company insiders own 0.33% of the company's stock.

Institutional Trading of Analog Devices

Several large investors have recently modified their holdings of ADI. Howard Hughes Medical Institute bought a new position in shares of Analog Devices in the 2nd quarter worth $25,000. Activest Wealth Management lifted its holdings in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 127 shares in the last quarter. RMG Wealth Management LLC bought a new position in shares of Analog Devices in the 2nd quarter worth $26,000. Alpine Bank Wealth Management bought a new position in shares of Analog Devices in the 1st quarter worth $27,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Analog Devices in the 1st quarter worth $33,000. Institutional investors and hedge funds 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.

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