S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
NASDAQ:ADI

Analog Devices (ADI) Stock Price, News & Analysis

$183.36
-4.22 (-2.25%)
(As of 04/19/2024 ET)
Today's Range
$182.57
$187.93
50-Day Range
$183.36
$204.12
52-Week Range
$154.99
$204.20
Volume
4.08 million shs
Average Volume
2.61 million shs
Market Capitalization
$90.93 billion
P/E Ratio
32.80
Dividend Yield
2.01%
Price Target
$208.17

Analog Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.70 Rating Score
Upside/​Downside
13.5% Upside
$208.17 Price Target
Short Interest
Healthy
1.71% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.94mentions of Analog Devices in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$4.83 M Sold Last Quarter
Proj. Earnings Growth
29.86%
From $5.86 to $7.61 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.

4.96 out of 5 stars

Computer And Technology Sector

4th out of 586 stocks

Semiconductors & Related Devices Industry

2nd out of 88 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

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Here’s Why Analog Devices (ADI) Declined in Q1
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Validea Detailed Fundamental Analysis - ADI
ADI Quantitative Stock Analysis
See More Headlines
Receive ADI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Analog Devices and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/15 Dividend
3/04/2024
Dividend Payable
3/15/2024
Today
4/21/2024
Next Earnings (Estimated)
5/22/2024
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
$208.17
High Stock Price Target
$254.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+13.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
20 Analysts

Profitability

Net Income
$3.31 billion
Pretax Margin
26.35%

Debt

Sales & Book Value

Annual Sales
$12.31 billion
Cash Flow
$14.90 per share
Book Value
$71.67 per share

Miscellaneous

Free Float
494,371,000
Market Cap
$90.93 billion
Optionable
Optionable
Beta
1.17

Social Links

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

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, Inc. designs and manufactures integrated circuits, software, and subsystem products, catering to a wide range of markets globally, which indicates diversified revenue streams.
  • The company provides data converter products that are essential for translating analog signals into digital data, a crucial component in various industries such as automotive, communications, and consumer markets.
  • Analog Devices offers power management and reference products that are vital for power conversion, driver monitoring, sequencing, and energy management applications, showcasing its relevance in key sectors like automotive and industrial markets.
  • The company's focus on digital signal processing and system products for numeric calculations demonstrates its commitment to innovation and staying competitive in the semiconductor industry.
  • Investors may find the current stock price of Analog Devices, Inc. attractive, considering its potential for growth and profitability in the semiconductor market.

Cons

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

  • While Analog Devices has a strong presence in various markets, the semiconductor industry is highly competitive and subject to rapid technological advancements, posing challenges for sustained growth.
  • The company's reliance on specific market segments like automotive and industrial sectors may expose it to risks associated with economic downturns or fluctuations in these industries.
  • Analog Devices faces potential supply chain disruptions and component shortages, common issues in the semiconductor sector that could impact production and revenue streams.
  • Investing in semiconductor companies involves inherent risks related to market volatility, regulatory changes, and geopolitical factors that can affect stock performance and investor returns.
  • Fluctuations in demand for semiconductor products, influenced by macroeconomic factors or industry-specific trends, could impact Analog Devices' financial performance and stock valuation.
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 Wednesday, April 10, 2024. Please send any questions or comments about these Analog Devices pros and cons to contact@marketbeat.com.

ADI Stock Analysis - Frequently Asked Questions

Should I buy or sell Analog Devices stock right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last twelve months. There are currently 6 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ADI shares.
View ADI analyst ratings
or view top-rated stocks.

What is Analog Devices' stock price target for 2024?

20 analysts have issued 12 month price objectives for Analog Devices' shares. Their ADI share price targets range from $175.00 to $254.00. On average, they predict the company's stock price to reach $208.17 in the next year. This suggests a possible upside of 13.5% from the stock's current price.
View analysts price targets for ADI
or view top-rated stocks among Wall Street analysts.

How have ADI shares performed in 2024?

Analog Devices' stock was trading at $198.56 on January 1st, 2024. Since then, ADI shares have decreased by 7.7% and is now trading at $183.36.
View the best growth stocks for 2024 here
.

When is Analog Devices' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our ADI earnings forecast
.

How were Analog Devices' earnings last quarter?

Analog Devices, Inc. (NASDAQ:ADI) announced its earnings results on Wednesday, February, 21st. The semiconductor company reported $1.73 EPS for the quarter, beating analysts' consensus estimates of $1.71 by $0.02. The semiconductor company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.50 billion. Analog Devices had a trailing twelve-month return on equity of 12.76% and a net margin of 24.34%. The business's revenue for the quarter was down 22.7% compared to the same quarter last year. During the same period last year, the firm earned $2.75 earnings per share.
Read the conference call transcript
.

How often does Analog Devices pay dividends? What is the dividend yield for Analog Devices?

Analog Devices declared a quarterly dividend on Tuesday, February 20th. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.92 per share on Friday, March 15th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Monday, March 4th. This is an increase from the stock's previous quarterly dividend of $0.86.
Read our dividend analysis for ADI
.

Is Analog Devices a good dividend stock?

Analog Devices (NASDAQ:ADI) pays an annual dividend of $3.68 per share and currently has a dividend yield of 2.01%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 65.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADI will have a dividend payout ratio of 48.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ADI.

What guidance has Analog Devices issued on next quarter's earnings?

Analog Devices updated its second quarter earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of $1.16-1.36 for the period, compared to the consensus estimate of $1.56. The company issued revenue guidance of $2.0-2.2 billion, compared to the consensus revenue estimate of $2.36 billion.

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.

What other stocks do shareholders of Analog Devices own?

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

Who are Analog Devices' major shareholders?

Analog Devices' stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.37%), Confluence Investment Management LLC (0.14%), Allspring Global Investments Holdings LLC (0.07%), Wealth Enhancement Advisory Services LLC (0.06%), Pensioenfonds Rail & OV (0.04%) and Park National Corp OH (0.04%). Insiders that own company stock include Bruce R Evans, Edward H Frank, Gregory N Henderson, James Champy, Kenton J Sicchitano, Prashanth Mahendra-Rajah, Tunc Doluca, Vincent Roche and Vivek Jain.
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.

Does Analog Devices have any subsidiaries?
The following companies are subsidiares of Analog Devices: 9164-4187 Quebec Inc, ANALOG DEVICES LIMERICK UNLIMITED COMPANY, ANALOG DEVICES LIMITED, Acuitas Silicon Limited, Ad Cooperative LLC, Adaptec, Analog Devices (China) Co. Ltd., Analog Devices (China) Holdings Co. Ltd., Analog Devices (Finland) OY, Analog Devices (Hangzhou) Co. Ltd., Analog Devices (Phils.) Inc., Analog Devices A.B., Analog Devices A/S, Analog Devices Atlantic Unlimited Company, Analog Devices Australia Pty. Ltd., Analog Devices Canada Ltd., Analog Devices Cooperatief U.A., Analog Devices Federal LLC, Analog Devices GMBH, Analog Devices Gen. Trias Inc., Analog Devices Holdings B.V., Analog Devices Inc., Analog Devices India Private Limited, Analog Devices International LLC, Analog Devices International Unlimited Company, Analog Devices Israel Ltd., Analog Devices K.K., Analog Devices Korea Ltd., Analog Devices LLC, Analog Devices Limited Egypt LLC, Analog Devices Mexico S. de R.L. de C.V., Analog Devices Microelectronics, Analog Devices Mikroelektronik Sanayi Ve Ticaret Ltd., Analog Devices Nederland B.V., Analog Devices Norway AS, Analog Devices Pty. Ltd., Analog Devices Realty Holdings Inc., Analog Devices Romania S.R.L., Analog Devices S.L.U., Analog Devices SAS, Analog Devices SRL, Analog Devices Sdn Bhd, Analog Devices Sp. Z o.o., Analog Devices Taiwan Ltd, AudioAsics, BCO Technologies, Bedrock Automation Platforms Inc., Calvatec Limited, Cambridge Analog Technologies Inc., ChipLogic, Edinburgh Portable Compilers, Electric Motors Test S.L., HMC Netherlands C.V., Hittite Microwave, Hittite Microwave Holding LLC, Hittite Microwave LLC, Hittite Microwave SARL, INVECAS - High Definition Multimedia Interface, Icron Technologies Corporation, Innova Card, Innovasic Inc., Innovasic Semiconductor Inc, Integrant Technologies, Integrated Micro Instruments, L&L Engineering LLC, Laser Beam Steering Technology, Linear Technology, Linear Technology (Israel) Ltd., Linear Technology Corporation Limited, Linear Technology GK, Linear Technology Holding LLC, Linear Technology KK, Linear Technology PTE LTD, Linear Technology S.A.R.L., Linear Technology Semiconductor India Private Limited, Linear Technology Taiwan Corporation, Lyric Semiconductor, MAXIM (I.P.) ENTERPRISE SOLUTIONS CORPORATION, MAXIM PHIL. HOLDING CORPORATION, MXIM Circuits Design Shanghai Limited, Maxim Dallas (Shanghai) Semiconductor Trading Co. Ltd., Maxim France SARL, Maxim Gesellschaft fur elektronische integrierte Bausteine GmbH, Maxim India Integrated Circuit Design Private Limited, Maxim Integrated, Maxim Integrated Acquisition GmbH, Maxim Integrated GmbH, Maxim Integrated Products (Thailand) Co. Ltd., Maxim Integrated Products Asia Limited, Maxim Integrated Products GmbH (Austria), Maxim Integrated Products GmbH (Germany), Maxim Integrated Products Inc., Maxim Integrated Products India Sales Private Limited, Maxim Integrated Products International Limited, Maxim Integrated Products International Sales Ireland Ltd Filial Sweden, Maxim Integrated Products International Sales Japan GK, Maxim Integrated Products International Sales Limited, Maxim Integrated Products International Sales Limited Türkiye Istanbul rtibat Bürosu, Maxim Integrated Products Korea Inc., Maxim Integrated Products UK Limited, Maxim International Holding Inc., Maxim Island Holdings Corporation, Maxim Japan Co. Ltd, Maxim Mikroelektronik Tasarim ve Gelistirme Ltd. Sti, Maxim Phil. Land Corporation, Maxim Phil. Operating Corporation, Maxim Semiconductor Corporation (Taiwan), Metroic, Mobilygen Corporation, Multigig, Multigig Inc., OneTree Microdevices, Onetree Microdevices Inc., OtoSense, Otosense Inc., Phyworks Limited, Sand 9, Scintera Networks LLC, Security Bank Corp., Semiconductor Topco Corp., Signal Processing Associates, Staccato Systems, Symeo, TTPCom, TagArray Inc., Teridian Semiconductor Corporation, Teridian Semiconductor Intermediate Holding Corp., Test Motors, Thomas Neuroth, Trinamic Motion Control GmbH & Co. KG, Trinamic OÜ, Trinamic Verwaltungsgesellschaft mbH, Volterra Asia Pte. Ltd., Volterra Semiconductor LLC, and White Mountain DSP.
Read More
This page (NASDAQ:ADI) was last updated on 4/21/2024 by MarketBeat.com Staff

From Our Partners