Should I buy or sell Analog Devices stock right now?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last twelve months. There are currently 6 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street 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?

23 Wall Street analysts have issued 12 month price targets for Analog Devices' stock. Their ADI share price targets range from $175.00 to $225.00. On average, they anticipate the company's stock price to reach $206.56 in the next twelve months. This suggests a possible upside of 6.4% 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 beginning of the year. Since then, ADI shares have decreased by 2.3% and is now trading at $194.06. View the best growth stocks for 2024 here .

Are investors shorting Analog Devices?

Analog Devices saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 6,340,000 shares, a drop of 19.6% from the December 31st total of 7,890,000 shares. Based on an average daily volume of 3,230,000 shares, the short-interest ratio is presently 2.0 days. View Analog Devices' Short Interest .

When is Analog Devices' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our ADI earnings forecast .

How can I listen to Analog Devices' earnings call?

Analog Devices will be holding an earnings conference call on Wednesday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Analog Devices' earnings last quarter?

Analog Devices, Inc. (NASDAQ:ADI) announced its quarterly earnings results on Tuesday, November, 21st. The semiconductor company reported $2.01 earnings per share for the quarter, missing analysts' consensus estimates of $2.02 by $0.01. The semiconductor company earned $2.72 billion during the quarter, compared to analyst estimates of $2.70 billion. Analog Devices had a trailing twelve-month return on equity of 14.18% and a net margin of 26.94%. Analog Devices's revenue for the quarter was down 16.4% compared to the same quarter last year. During the same period last year, the company posted $2.73 earnings per share. 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, November 21st. Stockholders of record on Monday, December 4th will be given a dividend of $0.86 per share on Thursday, December 14th. This represents a $3.44 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Friday, December 1st. Read our dividend analysis for ADI .

Is Analog Devices a good dividend stock?

Analog Devices (NASDAQ:ADI) pays an annual dividend of $3.44 per share and currently has a dividend yield of 1.81%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADI will have a dividend payout ratio of 39.91% 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) , VanEck Semiconductor ETF (SMH) , Columbia Seligman Semiconductor and Technology ETF (SEMI) , Invesco Semiconductors ETF (PSI) , Neuberger Berman Disrupters ETF (NBDS) , Invesco PHLX Semiconductor ETF (SOXQ) and iShares Semiconductor ETF (SOXX) .

What guidance has Analog Devices issued on next quarter's earnings?

Analog Devices updated its first quarter 2024 earnings guidance on Tuesday, November, 21st. The company provided EPS guidance of $1.60-$1.80 for the period, compared to the consensus EPS estimate of $1.90. The company issued revenue guidance of $2.40 billion-$2.60 billion, compared to the consensus revenue estimate of $2.68 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 many different retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (3.04%), First Eagle Investment Management LLC (0.77%), Baillie Gifford & Co. (0.77%), Cantillon Capital Management LLC (0.65%), Brown Advisory Inc. (0.62%) and Dimensional Fund Advisors LP (0.60%). Insiders that own company stock include Bruce R Evans , Edward H Frank , Gregory N Henderson , James Champy , Kenton J Sicchitano , Martin Cotter , Michael Sondel , 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

$194.06

+2.09 (+1.09%)

(As of 02/8/2024 ET)

Compare

Today's Range: $191.91
▼
$195.17
50-Day Range: $180.57
▼
$201.37
52-Week Range: $154.99
▼
$202.77

Volume: 2.59 million shs
Average Volume: 3.11 million shs
Market Capitalization: $96.22 billion

P/E Ratio: 29.67
Dividend Yield: 1.77%
Price Target: $206.56

Get Analog Devices alerts:

Analog Devices MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.74 Rating Score
Upside/Downside: 6.4% Upside
$206.56 Price Target
Short Interest: Healthy
1.28% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.08
Upright™ Environmental Score
News Sentiment: 0.89
Based on 14 Articles This Week
Insider Trading: Selling Shares
$7.02 M Sold Last Quarter
Proj. Earnings Growth: 22.27%
From $7.05 to $8.62 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.

4.97 out of 5 stars

Computer And Technology Sector

3rd out of 578 stocks

Semiconductors & Related Devices Industry

2nd out of 88 stocks

2.4

Analyst's Opinion

Consensus Rating
Analog Devices has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 17 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $206.56, Analog Devices has a forecasted upside of 6.4% from its current price of $194.06.
Amount of Analyst Coverage
Analog Devices has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.28% 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, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Analog Devices has recently decreased by 19.65%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Analog Devices pays a meaningful dividend of 1.81%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Analog Devices has been increasing its dividend for 21 years.
Dividend Coverage
The dividend payout ratio of Analog Devices is 52.60%. 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 39.91% 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.

3.3

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 14 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 -43% compared to the previous 30 days.
MarketBeat Follows
31 people have added Analog Devices to their MarketBeat watchlist in the last 30 days. This is an increase of 417% 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 $7,020,999.00 in company stock.
Percentage Held by Insiders
Only 0.31% of the stock of Analog Devices is held by insiders.
Percentage Held by Institutions
85.55% 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 22.27% in the coming year, from $7.05 to $8.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Analog Devices is 29.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of Analog Devices is 29.67, 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 243.86.
Price to Earnings Growth Ratio
Analog Devices has a PEG Ratio of 2.78. 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 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

February 5, 2024 | marketbeat.com

This semiconductor stock could be the best value for your money (ADI)

You should read this if your portfolio missed the past rally in the semiconductor stocks, this time, ON Semiconductor offers you a second chance

January 26, 2024 | marketbeat.com

AI growth propels semiconductor stocks to new highs (ADI)

AI-driven demand catapults semiconductor stocks, propelled by Taiwan Semiconductor's stellar earnings, robust AI-related revenue, and upbeat forecast

February 8, 2024 | The Oxford Club (Ad)

One company did the impossible with AI

It is the first company in the world to bring an AI-designed drug to clinical trials. It is now working with some of the biggest companies in the world to develop other treatments and is less than $10 today… but Wall Street has been moving in quickly buying up millions of shares.

February 7, 2024 | finance.yahoo.com

What Is Analog Devices, Inc.'s (NASDAQ:ADI) Share Price Doing?

February 7, 2024 | finance.yahoo.com

Silicon Laboratories (SLAB) Reports Q4 Loss, Tops Revenue Estimates

February 5, 2024 | finance.yahoo.com

Analog Devices (ADI) Advances While Market Declines: Some Information for Investors

February 4, 2024 | americanbankingnews.com

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

February 3, 2024 | finance.yahoo.com

Does Analog Devices (NASDAQ:ADI) Deserve A Spot On Your Watchlist?

February 8, 2024 | Stansberry Research (Ad)

Critical asset just had biggest fall on record

What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."

February 1, 2024 | seekingalpha.com

AMD's $3.5B AI guidance is 'sandbagged,' Citi says

January 31, 2024 | finance.yahoo.com

Analog Devices, Inc. to Report First Quarter Fiscal Year 2024 Financial Results on Wednesday, February 21, 2024

January 31, 2024 | seekingalpha.com

Analog Devices: Great Company Enduring Some Cyclicality

January 30, 2024 | finance.yahoo.com

Analog Devices (ADI) Falls More Steeply Than Broader Market: What Investors Need to Know

January 30, 2024 | americanbankingnews.com

Analog Devices' (ADI) Neutral Rating Reaffirmed at Cantor Fitzgerald

January 29, 2024 | finance.yahoo.com

Mouser Electronics and Analog Devices Launch New Initiative for Engineers Without Borders to Help America's Small Farmers

January 29, 2024 | americanbankingnews.com

Analog Devices (NASDAQ:ADI) and ARM (NASDAQ:ARM) Critical Review

January 26, 2024 | msn.com

Analog Devices Welcomes New Executive VP and CFO

January 26, 2024 | bizjournals.com

Analog Devices finds permanent CFO from Amazon Web Services

January 25, 2024 | markets.businessinsider.com

Analog Devices Names Richard Puccio CFO

January 25, 2024 | finance.yahoo.com

Winners And Losers Of Q3: Analog Devices (NASDAQ:ADI) Vs The Rest Of The Analog Semiconductors Stocks

January 25, 2024 | finance.yahoo.com

Analog Devices Appoints Richard C. Puccio, Jr. as Executive Vice President and Chief Financial Officer

January 24, 2024 | finance.yahoo.com

Analog Devices (ADI) Stock Sinks As Market Gains: What You Should Know

January 24, 2024 | markets.businessinsider.com

Intel Q4 Earnings Preview: Analysts Cautious For 2024, Envisions 'More-Clouded Picture' After Strong 2023

January 23, 2024 | markets.businessinsider.com

Nvidia and AMD Rule The Charts - Here Are Other Semiconductor Plays That Analysts Root For

January 22, 2024 | finance.yahoo.com

Analog Devices Stock Sees Relative Strength Rating Move Higher; Still Shy of Key Benchmark

January 22, 2024 | finance.yahoo.com

New Strong Sell Stocks for January 19th

January 20, 2024 | msn.com

Analog Devices Announces Upcoming Board Member Departures

See More Headlines

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Company Calendar

Last Earnings: 11/21/2023
Ex-Dividend for 12/14 Dividend: 12/01/2023
Ex-Dividend for 12/14 Dividend: 12/01/2023
Dividend Payable: 12/14/2023
Dividend Payable: 12/14/2023
Today: 2/08/2024
Next Earnings (Confirmed): 2/21/2024
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: $206.56
High Stock Price Target: $225.00
Low Stock Price Target: $175.00
Potential Upside/Downside: +6.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.74
Research Coverage: 23 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.54
Trailing P/E Ratio: 29.67
Forward P/E Ratio: 27.53
P/E Growth: 2.78
Net Income: $3.31 billion
Net Margins: 26.94%
Pretax Margin: 29.32%
Return on Equity: 14.18%
Return on Assets: 10.32%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 1.37
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $12.31 billion
Price / Sales: 7.82
Cash Flow: $15.24 per share
Price / Cash Flow: 12.73
Book Value: $71.67 per share
Price / Book: 2.71

Miscellaneous

Outstanding Shares: 495,840,000
Free Float: 494,303,000
Market Cap: $96.22 billion
Optionable: Optionable
Beta: 1.19

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Key Executives

Mr. Vincent T. Roche (Age 64)
CEO & Chair of the Board of Directors
Comp: $7.1M
Dr. Raymond S. Stata Ph.D. (Age 90)
Co-Founder & Board Member
Comp: $157.34k
Mr. Vivek Jain (Age 64)
Executive Vice President of Global Operations & Technology
Comp: $2.56M
Ms. Anelise Sacks (Age 45)
Executive VP & Chief Customer Officer
Comp: $2.45M
Mr. Gregory M. Bryant (Age 55)
Executive VP & President of Business Units
Comp: $2.67M
Mr. James Mollica (Age 58)
Interim Chief Financial Officer
Mr. Michael Sondel (Age 47)
Corporate VP & Chief Accounting Officer
Mr. Alan Lee
Chief Technology Officer
Mr. Michael C. Lucarelli
Vice President, Investor Relations and FP&A
Ms. Janene I. Asgeirsson (Age 54)
Senior VP, Chief Legal Officer, Chief Risk 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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Analog Devices was last updated on Monday, January 29, 2024 at 1:14 PM.

Pros

Here are some ways that investors could benefit from investing in Analog Devices, Inc.:

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. This allows the company to have control over the entire product development process, ensuring high-quality and innovative solutions.
The company provides data converter products that translate real-world analog signals into digital data and vice versa. This technology is crucial in various industries, such as automotive, communications, industrial, and consumer markets, and has a high demand.
Analog Devices offers power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications. With the increasing focus on energy efficiency and sustainability, these products have a significant market potential.
The company has a strong presence in multiple regions, including the United States, Europe, Japan, China, and Asia. This global reach allows Analog Devices to tap into diverse markets and benefit from different economic conditions.
Analog Devices has received positive ratings from research analysts, with an average rating of "Moderate Buy" and a consensus target price of $205.83. This indicates confidence in the company's future performance and growth potential.

Cons

Investors should be bearish about investing in Analog Devices, Inc. for these reasons:

The stock market is subject to fluctuations and uncertainties, which can affect the performance of any company, including Analog Devices. Investors should carefully consider market conditions and potential risks before making investment decisions.
Competition in the semiconductor industry is intense, with many players vying for market share. Analog Devices faces competition from both established companies and emerging startups, which could impact its market position and profitability.
Changes in technology and industry trends can quickly render products obsolete. Analog Devices needs to continuously innovate and adapt to stay ahead of the competition and meet evolving customer demands.
Investing in stocks involves risks, including the potential loss of principal. Investors should carefully assess their risk tolerance and diversify their investment portfolio to mitigate potential losses.
The current stock price of Analog Devices should be considered in relation to the company's financial performance, market conditions, and industry trends. It is important to conduct thorough research and analysis before making investment decisions based on stock price alone.

ADI Stock Analysis - Frequently Asked Questions

Should I buy or sell Analog Devices stock right now?: 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last twelve months. There are currently 6 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street 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?: 23 Wall Street analysts have issued 12 month price targets for Analog Devices' stock. Their ADI share price targets range from $175.00 to $225.00. On average, they anticipate the company's stock price to reach $206.56 in the next twelve months. This suggests a possible upside of 6.4% 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 beginning of the year. Since then, ADI shares have decreased by 2.3% and is now trading at $194.06.
View the best growth stocks for 2024 here.
Are investors shorting Analog Devices?: Analog Devices saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 6,340,000 shares, a drop of 19.6% from the December 31st total of 7,890,000 shares. Based on an average daily volume of 3,230,000 shares, the short-interest ratio is presently 2.0 days.
View Analog Devices' Short Interest.
When is Analog Devices' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our ADI earnings forecast.
How can I listen to Analog Devices' earnings call?: Analog Devices will be holding an earnings conference call on Wednesday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Analog Devices' earnings last quarter?: Analog Devices, Inc. (NASDAQ:ADI) announced its quarterly earnings results on Tuesday, November, 21st. The semiconductor company reported $2.01 earnings per share for the quarter, missing analysts' consensus estimates of $2.02 by $0.01. The semiconductor company earned $2.72 billion during the quarter, compared to analyst estimates of $2.70 billion. Analog Devices had a trailing twelve-month return on equity of 14.18% and a net margin of 26.94%. Analog Devices's revenue for the quarter was down 16.4% compared to the same quarter last year. During the same period last year, the company posted $2.73 earnings per share.
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, November 21st. Stockholders of record on Monday, December 4th will be given a dividend of $0.86 per share on Thursday, December 14th. This represents a $3.44 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Friday, December 1st.
Read our dividend analysis for ADI.

Is Analog Devices a good dividend stock?: Analog Devices (NASDAQ:ADI) pays an annual dividend of $3.44 per share and currently has a dividend yield of 1.81%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADI will have a dividend payout ratio of 39.91% 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), VanEck Semiconductor ETF (SMH), Columbia Seligman Semiconductor and Technology ETF (SEMI), Invesco Semiconductors ETF (PSI), Neuberger Berman Disrupters ETF (NBDS), Invesco PHLX Semiconductor ETF (SOXQ) and iShares Semiconductor ETF (SOXX).
What guidance has Analog Devices issued on next quarter's earnings?: Analog Devices updated its first quarter 2024 earnings guidance on Tuesday, November, 21st. The company provided EPS guidance of $1.60-$1.80 for the period, compared to the consensus EPS estimate of $1.90. The company issued revenue guidance of $2.40 billion-$2.60 billion, compared to the consensus revenue estimate of $2.68 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 many different retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (3.04%), First Eagle Investment Management LLC (0.77%), Baillie Gifford & Co. (0.77%), Cantillon Capital Management LLC (0.65%), Brown Advisory Inc. (0.62%) and Dimensional Fund Advisors LP (0.60%). Insiders that own company stock include Bruce R Evans, Edward H Frank, Gregory N Henderson, James Champy, Kenton J Sicchitano, Martin Cotter, Michael Sondel, 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.
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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 2/8/2024 by MarketBeat.com Staff

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