Should I buy or sell Analog Devices stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street 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 twelve-month price targets for Analog Devices' shares. Their ADI share price targets range from $175.00 to $254.00. On average, they anticipate the company's stock price to reach $208.17 in the next year. This suggests a possible upside of 10.7% 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 at the start of the year. Since then, ADI shares have decreased by 5.3% and is now trading at $187.97. 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) issued its quarterly earnings data 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 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 firm's quarterly revenue was down 22.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. 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 annualized dividend and a yield of 1.96%. 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 1.92%. 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 ETFs hold Analog Devices' stock?

ETFs with the largest weight of Analog Devices (NASDAQ:ADI) stock in their portfolio include Defiance Next Gen Connectivity ETF (FIVG) , FPA Global Equity ETF (FPAG) , Fidelity Electric Vehicles and Future Transportation ETF (FDRV) , Columbia Seligman Semiconductor and Technology ETF (SEMI) , Fundamentals First ETF (KNOW) , VanEck Semiconductor ETF (SMH) , iShares Semiconductor ETF (SOXX) and Xtrackers Semiconductor Select Equity ETF (CHPS) .

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 earnings per share 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 institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.14%), Wealth Enhancement Advisory Services LLC (0.06%), Pensioenfonds Rail & OV (0.04%), Park National Corp OH (0.04%), Gateway Investment Advisers LLC (0.03%) and Ferguson Wellman Capital Management Inc. (0.03%). 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

NASDAQ:ADI

Analog Devices (ADI) Stock Price, News & Analysis

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$187.58

-1.85 (-0.98%)

(As of 04/18/2024 ET)

Compare

Today's Range: $186.60
▼
$190.20
50-Day Range: $184.69
▼
$204.12
52-Week Range: $154.99
▼
$204.20

Volume: 2.75 million shs
Average Volume: 3.34 million shs
Market Capitalization: $93.02 billion

P/E Ratio: 33.56
Dividend Yield: 1.96%
Price Target: $208.17

Get Analog Devices alerts:

Analog Devices MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.70 Rating Score
Upside/Downside: 10.7% 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: 0.89
Based on 17 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

3rd out of 586 stocks

Semiconductors & Related Devices Industry

2nd out of 89 stocks

3.4

Analyst's Opinion

Consensus Rating
Analog Devices has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 14 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Analog Devices has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.71% of the outstanding shares of Analog Devices have been sold short.
Short Interest Ratio / Days to Cover
Analog Devices has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Analog Devices has recently increased by 14.77%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Analog Devices pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Analog Devices has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Analog Devices is 65.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Analog Devices will have a dividend payout ratio of 48.36% next year. This indicates that Analog Devices will be able to sustain or increase its dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Analog Devices has received a 38.74% net impact score from Upright. Analog Devices seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Network switches", "Network signal amplifiers", and "System on a chip" products. See details.
Environmental Sustainability
The Environmental Impact score for Analog Devices is -1.08.

2.7

News and Social Media Coverage

News Sentiment
Analog Devices has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for Analog Devices this week, compared to 11 articles on an average week.
Search Interest
Only 17 people have searched for ADI on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.
MarketBeat Follows
Only 11 people have added Analog Devices to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Analog Devices insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,825,113.00 in company stock.
Percentage Held by Insiders
Only 0.31% of the stock of Analog Devices is held by insiders.
Percentage Held by Institutions
86.81% of the stock of Analog Devices is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Analog Devices are expected to grow by 29.86% in the coming year, from $5.86 to $7.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Analog Devices is 33.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Analog Devices is 33.63, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.69.
Price to Earnings Growth Ratio
Analog Devices has a PEG Ratio of 4.80. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Analog Devices has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

ADI Stock News Headlines

April 8, 2024 | insidertrades.com

Vivek Jain Sells 3,479 Shares of Analog Devices, Inc. (NASDAQ:ADI) Stock

April 3, 2024 | insidertrades.com

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche Sells 10,000 Shares

April 18, 2024 | Priority Gold (Ad)

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March 23, 2024 | insidertrades.com

Insider Selling: Analog Devices, Inc. (NASDAQ:ADI) Director Sells 1,228 Shares of Stock

April 18, 2024 | finance.yahoo.com

Here’s Why Analog Devices (ADI) Declined in Q1

April 17, 2024 | americanbankingnews.com

Analog Devices (NASDAQ:ADI) Now Covered by Analysts at Evercore ISI

April 16, 2024 | msn.com

Evercore ISI Group Initiates Coverage of Analog Devices (ADI) with Outperform Recommendation

April 16, 2024 | americanbankingnews.com

Analog Devices Target of Unusually High Options Trading (NASDAQ:ADI)

April 18, 2024 | Priority Gold (Ad)

Biden to Launch “FedNOW” [Move Your Money Now]

April 13, 2024 | americanbankingnews.com

Morgan Stanley Reiterates "Overweight" Rating for Analog Devices (NASDAQ:ADI)

April 12, 2024 | finance.yahoo.com

The Zacks Analyst Blog Highlights ServiceNow, The Progressive, Analog Devices, The Southern Company and Welltower

April 11, 2024 | finance.yahoo.com

Is It Too Late To Consider Buying Analog Devices, Inc. (NASDAQ:ADI)?

April 8, 2024 | markets.businessinsider.com

Ahead Of Chip Earnings, Analyst Turns More Bullish On Nvidia And These Semiconductor Stocks On Robust AI Demand

April 8, 2024 | msn.com

Analog Devices, Synopsys And 2 Other Stocks Insiders Are Selling

April 8, 2024 | americanbankingnews.com

Analog Devices, Inc. (NASDAQ:ADI) Given Average Recommendation of "Moderate Buy" by Brokerages

April 5, 2024 | finance.yahoo.com

Analog Devices, Inc. (NASDAQ:ADI) is largely controlled by institutional shareholders who own 89% of the company

April 3, 2024 | finance.yahoo.com

Analog Semiconductors Stocks Q4 Highlights: Analog Devices (NASDAQ:ADI)

April 2, 2024 | investorplace.com

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Validea Detailed Fundamental Analysis - ADI

March 31, 2024 | msn.com

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March 31, 2024 | finance.yahoo.com

Here's Why Analog Devices (NASDAQ:ADI) Can Manage Its Debt Responsibly

March 27, 2024 | finance.yahoo.com

Analog Devices Insiders Sell US$3.4m Of Stock, Possibly Signalling Caution

March 23, 2024 | finance.yahoo.com

Those who invested in Analog Devices (NASDAQ:ADI) five years ago are up 102%

March 22, 2024 | investorplace.com

3 Stocks That Could Be the Next Big Thing in Nanotechnology

March 21, 2024 | nasdaq.com

ADI Quantitative Stock Analysis

March 19, 2024 | finance.yahoo.com

L1 Capital International Fund Divested Analog Devices (ADI) on Valuation Considerations

March 19, 2024 | finance.yahoo.com

Should Weakness in Analog Devices, Inc.'s (NASDAQ:ADI) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 3/15 Dividend: 3/04/2024
Dividend Payable: 3/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/22/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Current Symbol: NASDAQ:ADI
CUSIP: 03265410
CIK: 6281
Web: www.analog.com
Phone: (781) 935-5565
Fax: 781-461-3113
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: +10.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.70
Research Coverage: 20 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.59
Trailing P/E Ratio: 33.68
Forward P/E Ratio: 32.13
P/E Growth: 4.8
Net Income: $3.31 billion
Net Margins: 24.34%
Pretax Margin: 26.35%
Return on Equity: 12.76%
Return on Assets: 9.31%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 1.51
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: $12.31 billion
Price / Sales: 7.59
Cash Flow: $14.66 per share
Price / Cash Flow: 12.84
Book Value: $71.67 per share
Price / Book: 2.63

Miscellaneous

Outstanding Shares: 495,910,000
Free Float: 494,371,000
Market Cap: $93.37 billion
Optionable: Optionable
Beta: 1.17

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Key Executives

Mr. Vincent T. Roche (Age 64)
CEO & Chair of the Board of Directors
Comp: $5.55M
Dr. Raymond S. Stata Ph.D. (Age 90)
Co-Founder & Board Member
Comp: $105.89k
Mr. Vivek Jain (Age 64)
Executive Vice President of Global Operations & Technology
Comp: $2.11M
Ms. Anelise Sacks (Age 45)
Executive VP & Chief Customer Officer
Comp: $2.02M
Mr. Gregory M. Bryant (Age 55)
Executive VP & President of Business Units
Comp: $2.84M
Mr. Richard C. Puccio Jr.
Executive VP & CFO
Mr. Michael Sondel (Age 47)
Corporate VP & Chief Accounting Officer
Mr. Alan Lee (Age 56)
Senior VP & CTO
Mr. Michael C. Lucarelli
Vice President, Investor Relations and FP&A
Ms. Janene I. Asgeirsson (Age 54)
Chief Legal Officer & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 research analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street 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 twelve-month price targets for Analog Devices' shares. Their ADI share price targets range from $175.00 to $254.00. On average, they anticipate the company's stock price to reach $208.17 in the next year. This suggests a possible upside of 10.7% 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 at the start of the year. Since then, ADI shares have decreased by 5.3% and is now trading at $187.97.
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) issued its quarterly earnings data 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 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 firm's quarterly revenue was down 22.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. 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 annualized dividend and a yield of 1.96%. 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 1.92%. 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 ETFs hold Analog Devices' stock?: ETFs with the largest weight of Analog Devices (NASDAQ:ADI) stock in their portfolio include Defiance Next Gen Connectivity ETF (FIVG), FPA Global Equity ETF (FPAG), Fidelity Electric Vehicles and Future Transportation ETF (FDRV), Columbia Seligman Semiconductor and Technology ETF (SEMI), Fundamentals First ETF (KNOW), VanEck Semiconductor ETF (SMH), iShares Semiconductor ETF (SOXX) and Xtrackers Semiconductor Select Equity ETF (CHPS).

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 earnings per share 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 institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.14%), Wealth Enhancement Advisory Services LLC (0.06%), Pensioenfonds Rail & OV (0.04%), Park National Corp OH (0.04%), Gateway Investment Advisers LLC (0.03%) and Ferguson Wellman Capital Management Inc. (0.03%). 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.
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This page (NASDAQ:ADI) was last updated on 4/18/2024 by MarketBeat.com Staff

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