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Analog Devices (ADI) Stock Price, News & Analysis

$226.43
+5.51 (+2.49%)
(As of 07/26/2024 ET)
Today's Range
$222.97
$227.25
50-Day Range
$216.64
$243.33
52-Week Range
$154.99
$244.14
Volume
4.30 million shs
Average Volume
3.30 million shs
Market Capitalization
$112.36 billion
P/E Ratio
52.90
Dividend Yield
1.63%
Price Target
$245.50

Analog Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
8.4% Upside
$245.50 Price Target
Short Interest
Healthy
2.03% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.72mentions of Analog Devices in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$10.48 M Sold Last Quarter
Proj. Earnings Growth
28.69%
From $6.24 to $8.03 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.

4.82 out of 5 stars

Computer And Technology Sector

40th out of 612 stocks

Semiconductors & Related Devices Industry

13th out of 89 stocks

ADI stock logo

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

ADI Stock News Headlines

Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
What Makes Analog Devices (ADI) a Good Investment?
Analog Devices: Stock Price At Record Highs
Analog Devices (NASDAQ:ADI) Price Target Raised to $250.00
ADI Jul 2024 200.000 call
The Analyst Verdict: Analog Devices In The Eyes Of 21 Experts
See More Headlines
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Company Calendar

Last Earnings
5/22/2024
Ex-Dividend for 6/17 Dividend
6/04/2024
Dividend Payable
6/17/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/21/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:ADI
CUSIP
03265410
CIK
6281
Employees
26,000
Year Founded
1965

Price Target and Rating

Average Stock Price Target
$245.50
High Stock Price Target
$285.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+8.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
24 Analysts

Profitability

Net Income
$3.31 billion
Pretax Margin
21.83%

Debt

Sales & Book Value

Annual Sales
$12.31 billion
Cash Flow
$15.02 per share
Book Value
$71.67 per share

Miscellaneous

Free Float
494,679,000
Market Cap
$112.36 billion
Optionable
Optionable
Beta
1.08

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Should I Buy Analog Devices Stock? ADI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Analog Devices, Inc.:

  • Analog Devices has received positive analyst ratings with price targets being raised, indicating strong growth potential.
  • Insider selling activities suggest confidence in the company's performance and future prospects.
  • The stock price has been trending upwards, reaching $238.44 on recent trading days, reflecting positive market sentiment.
  • Analog Devices has a solid market cap of $118.32 billion, indicating stability and investor confidence.
  • The company has a favorable P/E ratio of 55.93, suggesting potential for earnings growth and value for investors.

Cons

Investors should be bearish about investing in Analog Devices, Inc. for these reasons:

  • Despite positive analyst ratings, there is always a level of risk associated with investing in the stock market, including market volatility.
  • Insider selling activities, while sometimes indicating confidence, could also raise concerns about potential future performance or challenges within the company.
  • The stock's high P/E ratio of 54.85 may suggest that it is currently overvalued, potentially limiting short-term gains for investors.
  • Market conditions and industry competition could impact Analog Devices' future growth and profitability, leading to fluctuations in stock performance.
  • Investors should carefully consider their risk tolerance and investment goals before making decisions related to Analog Devices, Inc. stock.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Analog Devices pros and cons to contact@marketbeat.com.

ADI Stock Analysis - Frequently Asked Questions

How have ADI shares performed this year?

Analog Devices' stock was trading at $198.56 at the start of the year. Since then, ADI shares have increased by 14.0% and is now trading at $226.43.
View the best growth stocks for 2024 here
.

How were Analog Devices' earnings last quarter?

Analog Devices, Inc. (NASDAQ:ADI) announced its quarterly earnings data on Wednesday, May, 22nd. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.14. Analog Devices's revenue for the quarter was down 33.8% compared to the same quarter last year.
Read the conference call transcript
.

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.

Does Analog Devices have any subsidiaries?

Analog Devices subsidiaries include Maxim Integrated, INVECAS - High Definition Multimedia Interface, Test Motors, OtoSense, Symeo, OneTree Microdevices, Linear Technology, and more.

Who are Analog Devices' major shareholders?

Top institutional shareholders of Analog Devices include Bank of New York Mellon Corp (0.80%), Baillie Gifford & Co. (0.71%), Swedbank AB (0.55%) and Sumitomo Mitsui Trust Holdings Inc. (0.36%). Insiders that own company stock include Bruce R Evans, Gregory M Bryant, Tunc Doluca, Vincent Roche, Kenton J Sicchitano, Prashanth Mahendra-Rajah, Michael Sondel, James Champy, Vivek Jain and Edward H Frank.
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.

What other stocks do shareholders of Analog Devices own?

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

This page (NASDAQ:ADI) was last updated on 7/27/2024 by MarketBeat.com Staff

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