Cantor Fitzgerald Comments on Analog Devices FY2026 Earnings

Analog Devices, Inc. (NASDAQ:ADI - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Analog Devices in a report released on Monday, June 9th. Cantor Fitzgerald analyst C. Muse expects that the semiconductor company will post earnings of $8.57 per share for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $250.00 target price on the stock. The consensus estimate for Analog Devices' current full-year earnings is $7.14 per share.

Several other equities analysts have also weighed in on the company. Citigroup lifted their price objective on Analog Devices from $235.00 to $260.00 and gave the company a "buy" rating in a research note on Monday, May 19th. Stifel Nicolaus raised their price target on shares of Analog Devices from $225.00 to $248.00 and gave the company a "buy" rating in a report on Tuesday, May 20th. Wells Fargo & Company reiterated a "positive" rating on shares of Analog Devices in a research note on Friday, May 23rd. Wall Street Zen raised shares of Analog Devices from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Finally, Barclays lifted their target price on shares of Analog Devices from $170.00 to $185.00 and gave the company an "equal weight" rating in a report on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, Analog Devices currently has an average rating of "Moderate Buy" and a consensus target price of $248.63.

Analog Devices Trading Up 2.5%

ADI stock traded up $5.68 during trading on Tuesday, reaching $233.34. 4,164,068 shares of the stock traded hands, compared to its average volume of 3,566,419. The firm has a market capitalization of $115.79 billion, a PE ratio of 74.31, a P/E/G ratio of 2.85 and a beta of 1.00. 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 business's 50 day moving average price is $200.14 and its 200-day moving average price is $210.38. Analog Devices has a 52-week low of $158.65 and a 52-week high of $247.10.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its earnings results on Thursday, May 22nd. The semiconductor company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.15. The business had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.50 billion. Analog Devices had a net margin of 16.75% and a return on equity of 8.91%. The company's quarterly revenue was up 22.3% on a year-over-year basis. During the same period last year, the company earned $1.40 earnings per share.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be issued a $0.99 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $3.96 annualized dividend and a yield of 1.70%. Analog Devices's dividend payout ratio is presently 107.90%.

Analog Devices declared that its board has initiated a stock repurchase plan on Tuesday, February 18th that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the semiconductor company to repurchase up to 9.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other Analog Devices news, CFO Richard C. Puccio, Jr. sold 4,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $209.19, for a total value of $836,760.00. Following the sale, the chief financial officer now directly owns 49,916 shares of the company's stock, valued at $10,441,928.04. This trade represents a 7.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Vincent Roche sold 10,000 shares of the business's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $196.84, for a total transaction of $1,968,400.00. Following the transaction, the chief executive officer now directly owns 142,996 shares of the company's stock, valued at approximately $28,147,332.64. This trade represents a 6.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 42,934 shares of company stock valued at $8,735,156 in the last ninety days. Corporate insiders own 0.33% of the company's stock.

Hedge Funds Weigh In On Analog Devices

Several hedge funds and other institutional investors have recently made changes to their positions in ADI. Activest Wealth Management boosted its position in Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 127 shares during the period. Orion Capital Management LLC bought a new stake in shares of Analog Devices during the fourth quarter valued at about $27,000. Menard Financial Group LLC acquired a new stake in Analog Devices in the fourth quarter worth about $27,000. Alpine Bank Wealth Management bought a new position in Analog Devices in the 1st quarter valued at about $27,000. Finally, Mainstream Capital Management LLC acquired a new position in Analog Devices during the 4th quarter valued at about $30,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Company Profile

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.