Cantor Fitzgerald reiterated their overweight rating on shares of Analog Devices (NASDAQ:ADI – Free Report) in a research report released on Monday morning, Marketbeat Ratings reports. The brokerage currently has a $550.00 price objective on the semiconductor company’s stock.
ADI has been the subject of several other reports. KeyCorp lifted their price objective on shares of Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Barclays increased their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Bank of America boosted their target price on shares of Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Citigroup upped their price target on shares of Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Evercore reaffirmed an “outperform” rating and set a $474.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $443.24.
Get Our Latest Analysis on Analog Devices
Analog Devices Trading Down 0.9%
Analog Devices (NASDAQ:ADI – Get Free Report) last issued its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the prior year, the firm earned $2.05 earnings per share. Analog Devices’s revenue for the quarter was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Sell-side analysts anticipate that Analog Devices will post 12.42 EPS for the current year.
Analog Devices Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, September 1st. Analog Devices’s dividend payout ratio is currently 65.38%.
Insider Activity
In related news, Director Ray Stata sold 1,416 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total transaction of $534,355.92. Following the sale, the director directly owned 114,511 shares of the company’s stock, valued at approximately $43,213,016.07. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the sale, the senior vice president owned 56,332 shares in the company, valued at approximately $23,546,776. This represents a 23.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 105,274 shares of company stock worth $42,247,986 over the last 90 days. Company insiders own 0.36% of the company’s stock.
Institutional Investors Weigh In On Analog Devices
Hedge funds have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Analog Devices in the second quarter valued at approximately $18,610,868,000. Bank of America Corp DE purchased a new position in shares of Analog Devices during the 2nd quarter valued at approximately $3,573,081,000. Norges Bank purchased a new position in shares of Analog Devices during the 4th quarter valued at approximately $2,215,516,000. Legal & General Group Plc acquired a new stake in Analog Devices in the 2nd quarter valued at $1,525,167,000. Finally, Bank of New York Mellon Corp acquired a new stake in Analog Devices in the 2nd quarter valued at $1,326,066,000. 86.81% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Analog Devices
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Analog Devices reported record fiscal third-quarter revenue of $4.02 billion, up 39.2% year over year and ahead of the $3.92 billion consensus estimate. Adjusted EPS of $3.45 also surpassed expectations of roughly $3.33–$3.34. Growth was led by data-center and industrial demand. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
- Positive Sentiment: The company issued above-consensus fiscal fourth-quarter guidance, calling for revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, versus analyst expectations of approximately $4.1 billion and $3.53, respectively. Management cited continued demand for power-management chips used in AI data centers and industrial applications. Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
- Positive Sentiment: Goldman Sachs reiterated a Buy rating and a $450 price target following the earnings beat and stronger outlook. Analog Devices also declared a quarterly dividend of $1.10 per share, payable September 15. Goldman Sachs reiterates Buy rating
Analog Devices Company Profile
Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.
The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.
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