NASDAQ:ADIAnalog Devices Stock Price, Forecast & News

Analog Devices' stock was trading at $94.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ADI stock has increased by 7.4% and is now trading at $101.40. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last year. There are currently 6 hold ratings and 15 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, May 27th 2020. View our earnings forecast for Analog Devices.

Analog Devices, Inc. (NASDAQ:ADI) issued its earnings results on Wednesday, February, 19th. The semiconductor company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.03. The semiconductor company earned $1.30 billion during the quarter, compared to analysts' expectations of $1.31 billion. Analog Devices had a return on equity of 15.38% and a net margin of 21.06%. The firm's revenue was down 15.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.33 EPS. View Analog Devices' earnings history.

Analog Devices announced a quarterly dividend on Wednesday, February 19th. Investors of record on Tuesday, March 10th will be given a dividend of $0.62 per share on Wednesday, February 19th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.45%. View Analog Devices' dividend history.

Analog Devices declared that its Board of Directors has authorized a stock repurchase plan 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 stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

Analog Devices updated its second quarter earnings guidance on Wednesday, February, 19th. The company provided earnings per share guidance of $1.02-$1.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.13. The company issued revenue guidance of $1.30-$1.40 billion, compared to the consensus revenue estimate of $1.38 billion.

21 analysts have issued 1-year target prices for Analog Devices' stock. Their forecasts range from $90.00 to $148.00. On average, they expect Analog Devices' share price to reach $123.29 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for Analog Devices.

News articles about ADI stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Analog Devices earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutAnalog Devices.

Analog Devices saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,556,100 shares, a drop of 6.6% from the February 27th total of 4,880,000 shares. Based on an average daily volume of 3,746,000 shares, the short-interest ratio is presently 1.2 days. Currently, 1.2% of the shares of the company are sold short. View Analog Devices' Current Options Chain.

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

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

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

Analog Devices' stock is owned by many different institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.24%), State of Alaska Department of Revenue (0.03%), McGuire Investment Group LLC (0.02%), Woodstock Corp (0.00%), West Oak Capital LLC (0.00%) and Bank of Stockton (0.00%). 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 Bank of Stockton, Neville Rodie & Shaw Inc., and Global Trust Asset Management LLC. 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, Vincent Roche, and Yusuf Jamal. View insider buying and selling activity for Analog Devices.

ADI stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, State of Alaska Department of Revenue, Private Trust Co. NA, IBM Retirement Fund, McGuire Investment Group LLC, Woodstock Corp, and West Oak Capital LLC. 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 $101.40.

Analog Devices has a market capitalization of $37.34 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. View additional information about Analog Devices.

The official website for Analog Devices is http://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]