NASDAQ:ADIAnalog Devices Stock Price, Forecast & News

Analog Devices' stock was trading at $94.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ADI shares have increased by 31.9% and is now trading at $124.50. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Analog Devices.

Analog Devices is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020. View our earnings forecast for Analog Devices.

Analog Devices, Inc. (NASDAQ:ADI) released its quarterly earnings data on Wednesday, May, 20th. The semiconductor company reported $1.08 EPS for the quarter, topping the Zacks' consensus estimate of $1.05 by $0.03. The semiconductor company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.32 billion. Analog Devices had a return on equity of 14.51% and a net margin of 20.05%. Analog Devices's quarterly revenue was down 13.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.36 earnings per share. View Analog Devices' earnings history.

Analog Devices declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, May 29th will be given a dividend of $0.62 per share on Tuesday, June 9th. This represents a $2.48 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, May 28th. View Analog Devices' dividend history.

Analog Devices announced that its Board of Directors has approved a share buyback program on Tuesday, August 21st 2018, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 5.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Analog Devices issued an update on its third quarter earnings guidance on Wednesday, May, 20th. The company provided EPS guidance of $0.97-1.19 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.00. The company issued revenue guidance of $1.31-1.33 billion, compared to the consensus revenue estimate of $1.31 billion.

20 analysts have issued 12 month price objectives for Analog Devices' stock. Their forecasts range from $90.00 to $145.00. On average, they anticipate Analog Devices' stock price to reach $123.00 in the next year. This suggests that the stock has a possible downside of 1.2%. View analysts' price targets for Analog Devices.

News coverage about ADI stock has been trending negative on Friday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Analog Devices earned a coverage optimism score of -2.4 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news about Analog Devices.

Analog Devices saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 4,920,000 shares, an increase of 23.3% from the June 15th total of 3,990,000 shares. Based on an average daily trading volume, of 2,640,000 shares, the short-interest ratio is presently 1.9 days. Approximately 1.3% of the shares of the company are sold short. View Analog Devices' Current Options Chain.

Some companies that are related to Analog Devices include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR), Inphi (IPHI) and Silicon Laboratories (SLAB). View all competitors.

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

Analog Devices trades on the NASDAQ under the ticker symbol "ADI."

Analog Devices' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.24%), Riverbridge Partners LLC (0.14%), Robecosam AG (0.12%), Envestnet Asset Management Inc. (0.08%), State of Alaska Department of Revenue (0.03%) and Manning & Napier Group LLC (0.03%). Company insiders that own Analog Devices stock include Bruce R Evans, Edward H Frank, Eileen Wynne, Gregory N Henderson, James Champy, Joseph Hassett, Kenton J Sicchitano, Margaret K Seif, Martin Cotter, Michael Sondel, Neil S Novich, Peter Real, Prashanth Mahendra-Rajah, Ray Stata, Steve Pietkiewicz, Vincent Roche and Yusuf Jamal. View institutional ownership trends for Analog Devices.

ADI stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Confluence Investment Management LLC, State of Alaska Department of Revenue, Renaissance Investment Group LLC, Exane Derivatives, Home Federal Bank of Tennessee, Peoples Financial Services CORP., and Trust Co. of Toledo NA OH. Company insiders that have sold Analog Devices company stock in the last year include Edward H Frank, Gregory N Henderson, James Champy, Joseph Hassett, Kenton J Sicchitano, Martin Cotter, Neil S Novich, Prashanth Mahendra-Rajah, Ray Stata, Steve Pietkiewicz, and Vincent Roche. View insider buying and selling activity for Analog Devices.

ADI stock was bought by a variety of institutional investors in the last quarter, including Robecosam AG, Envestnet Asset Management Inc., Riverbridge Partners LLC, Manning & Napier Group LLC, DNB Asset Management AS, Moody National Bank Trust Division, Private Trust Co. NA, and Woodstock Corp. View insider buying and selling activity for Analog Devices.

Shares of ADI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ADI stock can currently be purchased for approximately $124.50.

Analog Devices has a market capitalization of $45.87 billion and generates $5.99 billion in revenue each year. The semiconductor company earns $1.36 billion in net income (profit) each year or $5.15 on an earnings per share basis. Analog Devices employs 16,400 workers across the globe.

The official website for Analog Devices is www.analog.com.

Analog Devices' mailing address is ONE TECHNOLOGY WAY, NORWOOD MA, 02062. The semiconductor company can be reached via phone at 781-329-4700 or via email at [email protected]