Q3 EPS Estimates for Analog Devices Lifted by Zacks Research

Analog Devices, Inc. (NASDAQ:ADI) – Equities researchers at Zacks Research boosted their Q3 2026 earnings per share estimates for shares of Analog Devices in a research note issued to investors on Wednesday, June 11th. Zacks Research analyst R. Department now expects that the semiconductor company will post earnings of $2.25 per share for the quarter, up from their previous estimate of $2.24. The consensus estimate for Analog Devices’ current full-year earnings is $7.14 per share. Zacks Research also issued estimates for Analog Devices’ Q4 2026 earnings at $2.22 EPS and Q1 2027 earnings at $2.28 EPS.

ADI has been the subject of several other reports. Cowen reiterated a “buy” rating on shares of Analog Devices in a research note on Friday, May 23rd. Truist Financial boosted their price target on shares of Analog Devices from $230.00 to $248.00 and gave the company a “hold” rating in a research note on Thursday, February 20th. Stifel Nicolaus upped their target price on shares of Analog Devices from $225.00 to $248.00 and gave the stock a “buy” rating in a research note on Tuesday, May 20th. JPMorgan Chase & Co. increased their price objective on shares of Analog Devices from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, February 20th. Finally, Barclays upped their target price on shares of Analog Devices from $170.00 to $185.00 and gave the company an “equal weight” rating in a report on Friday, May 23rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $248.63.

Analog Devices Stock Performance

Analog Devices stock opened at $225.03 on Friday. The firm has a market capitalization of $111.67 billion, a P/E ratio of 71.67, a price-to-earnings-growth ratio of 2.85 and a beta of 1.00. The company’s 50-day moving average is $204.95 and its 200 day moving average is $210.79. Analog Devices has a 1-year low of $158.65 and a 1-year high of $247.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.93 and a quick ratio of 1.43.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Thursday, May 22nd. The semiconductor company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.15. Analog Devices had a net margin of 16.75% and a return on equity of 8.91%. The company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the prior year, the firm posted $1.40 EPS. Analog Devices’s quarterly revenue was up 22.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after purchasing an additional 529 shares in the last quarter. Savant Capital LLC increased its stake in Analog Devices by 12.0% during the fourth quarter. Savant Capital LLC now owns 9,316 shares of the semiconductor company’s stock worth $1,979,000 after acquiring an additional 997 shares during the last quarter. Sovran Advisors LLC bought a new position in shares of Analog Devices during the fourth quarter valued at approximately $261,000. Gladstone Institutional Advisory LLC boosted its holdings in shares of Analog Devices by 1.7% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 8,845 shares of the semiconductor company’s stock valued at $1,879,000 after purchasing an additional 145 shares during the period. Finally, Van ECK Associates Corp boosted its holdings in shares of Analog Devices by 4.8% in the fourth quarter. Van ECK Associates Corp now owns 4,981,475 shares of the semiconductor company’s stock valued at $1,058,364,000 after purchasing an additional 226,716 shares during the period. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $180.21, for a total transaction of $563,156.25. Following the completion of the transaction, the director now directly owns 186,321 shares in the company, valued at $33,576,907.41. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Vivek Jain sold 12,684 shares of the company’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $210.00, for a total value of $2,663,640.00. Following the completion of the transaction, the executive vice president now owns 43,175 shares of the company’s stock, valued at $9,066,750. The trade was a 22.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,934 shares of company stock worth $6,643,956. 0.33% of the stock is currently owned by insiders.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, June 4th. This represents a $3.96 annualized dividend and a dividend yield of 1.76%. Analog Devices’s dividend payout ratio is currently 107.90%.

Analog Devices declared that its Board of Directors has initiated a share repurchase program on Tuesday, February 18th that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to repurchase up to 9.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Analog Devices Company Profile

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.