QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)
QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)
QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)
QQQ   445.61 (+1.51%)
AAPL   179.66 (-0.60%)
MSFT   415.50 (+0.45%)
META   502.30 (+2.48%)
GOOGL   137.14 (-0.95%)
AMZN   178.22 (+0.83%)
TSLA   202.64 (+0.38%)
NVDA   822.79 (+4.00%)
NIO   5.77 (+0.35%)
AMD   202.64 (+5.25%)
BABA   74.63 (+0.81%)
T   17.00 (+0.41%)
F   12.45 (+0.08%)
MU   95.15 (+5.01%)
CGC   3.21 (-2.43%)
GE   158.67 (+1.13%)
DIS   111.93 (+0.31%)
AMC   4.36 (+0.93%)
PFE   26.58 (+0.08%)
PYPL   60.54 (+0.33%)
XOM   105.78 (+1.21%)
NASDAQ:ADI

Analog Devices (ADI) Stock Price, News & Analysis

$196.16
+4.34 (+2.26%)
(As of 03/1/2024 ET)
Today's Range
$191.76
$197.22
50-Day Range
$184.69
$201.37
52-Week Range
$154.99
$202.77
Volume
2.93 million shs
Average Volume
3.42 million shs
Market Capitalization
$97.28 billion
P/E Ratio
35.09
Dividend Yield
1.75%
Price Target
$206.26

Analog Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.68 Rating Score
Upside/​Downside
5.1% Upside
$206.26 Price Target
Short Interest
Healthy
1.34% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.08
Upright™ Environmental Score
News Sentiment
0.84mentions of Analog Devices in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$3.89 M Sold Last Quarter
Proj. Earnings Growth
29.02%
From $6.03 to $7.78 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 601 stocks

Semiconductors & Related Devices Industry

1st 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

This semiconductor stock could be the best value for your money (ADI)
You should read this if your portfolio missed the past rally in the semiconductor stocks, this time, ON Semiconductor offers you a second chance
Revolutionary Device Redefines Cancer Detection
Discover the breakthrough device that could transform the lives of the estimated 68 million Americans affected by skin cancer. Achieving unprecedented accuracy, this device identifies cancer's molecular signature in just 1.5 seconds. This innovation marks a rapid advance in the battle against cancer. See how investors are unlocking 10% in bonus shares for a limited time.
Bezos and Gates Invest in Search for Tech's Best-Kept Secret
Billionaires who've made their fortunes in tech, are quietly investing in essential yet rare elements known as "The Seeds of Technology". Learn more about this massive rare earth treasure hunt and the very elements making emerging technologies possible.
Analog Devices price target lowered by $4 at Truist, here's why
Analog Devices price target raised by $10 at Citi, here's why
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

Ex-Dividend for 12/14 Dividend
12/01/2023
Dividend Payable
12/14/2023
Last Earnings
2/21/2024
Today
3/01/2024
Ex-Dividend for 3/15 Dividend
3/04/2024
Dividend Payable
3/15/2024
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
$206.26
High Stock Price Target
$230.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+5.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.68
Research Coverage
19 Analysts

Profitability

Net Income
$3.31 billion
Pretax Margin
26.35%

Debt

Sales & Book Value

Annual Sales
$12.31 billion
Cash Flow
$15.57 per share
Book Value
$71.68 per share

Miscellaneous

Free Float
494,371,000
Market Cap
$97.28 billion
Optionable
Optionable
Beta
1.19

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Analog Devices was last updated on Wednesday, February 21, 2024 at 2:37 PM.

Pros

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

  • Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits, software, and subsystems products globally, catering to various markets such as automotive, communications, industrial, and consumer, providing a diversified revenue stream.
  • The company offers a range of products including data converter products, power management solutions, amplifiers, and radio frequency ICs, showcasing a broad product portfolio that caters to different industry needs.
  • Recent insider selling activity by EVP Vivek Jain at a price of $183.66 per share could indicate confidence in the company's performance and future prospects, potentially signaling positive developments.
  • Analog Devices has a strong presence in the semiconductor industry, with significant investments from institutional investors like BlackRock Inc., State Street Corp, and Geode Capital Management LLC, indicating confidence in the company's growth potential.
  • The company's focus on digital signal processing and system products for numeric calculations positions it well in the evolving technology landscape, offering innovative solutions to meet market demands.

Cons

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

  • While the company has a diverse product portfolio, it faces competition from other semiconductor companies in the market, which could impact its market share and profitability.
  • The semiconductor industry is subject to rapid technological advancements and changes, leading to potential risks of obsolescence for certain products if not able to keep up with industry trends.
  • Market volatility and economic uncertainties can impact Analog Devices' financial performance and stock price, making it susceptible to external factors beyond its control.
  • Recent insider selling activity by EVP Vivek Jain, while indicating confidence, could also raise concerns about potential future developments or challenges within the company.
  • Investing in semiconductor companies involves inherent risks related to market fluctuations, technological disruptions, and regulatory changes, which could affect Analog Devices' long-term growth prospects.














ADI Stock Analysis - Frequently Asked Questions

Should I buy or sell Analog Devices stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street 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?

19 brokers have issued 12 month price targets for Analog Devices' shares. Their ADI share price targets range from $175.00 to $230.00. On average, they expect the company's stock price to reach $206.26 in the next year. This suggests a possible upside of 5.1% 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 stock has decreased by 1.2% and is now trading at $196.17.
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) released its earnings results on Wednesday, February, 21st. The semiconductor company reported $1.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.71 by $0.02. The semiconductor company earned $2.51 billion during 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 quarter last year, the firm posted $2.75 EPS.
Read the conference call transcript
.

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

Analog Devices announced a quarterly dividend on Tuesday, February 20th. Investors of record on Tuesday, March 5th will be paid a dividend of $0.92 per share on Friday, March 15th. This represents a $3.68 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend 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 $3.44 per share and currently has a dividend yield of 1.83%. 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 61.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADI will have a dividend payout ratio of 44.22% 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 issued an update on its second quarter earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of $1.16-1.36 for the period, compared to the consensus EPS 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.19%), Massachusetts Financial Services Co. MA (3.04%), Franklin Resources Inc. (1.65%), Price T Rowe Associates Inc. MD (1.38%), Norges Bank (1.24%) and Northern Trust Corp (1.16%). Insiders that own company stock include Bruce R Evans, Edward H Frank, Gregory N Henderson, James Champy, Kenton J Sicchitano, Martin Cotter, 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 3/1/2024 by MarketBeat.com Staff