DailyIQ
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Sector:TechnologyAll sectors
Last updated 8 minutes ago

ADI·Analog Devices, Inc.

$.
+. (+.%)
After Hours
High
$398.33
Open
$387.50
Market Cap
192.09B
52W High
$445.91
Low
$385.90
P. Close
$395.79
P/E
57.97
52W Low
$218.37
Fwd P/E
26.77
DailyIQ Est.
$473.49
Technical Score (1D)
59
BUY
News Sentiment
72
BULLISH
Rep McCormick’s sale of 1,500 ADI shares worth up to $135 k on June 28 was a routine insider transaction that does not alter the company’s outlook. A few days later, director Ray Stata liquidated 2,832 shares for $1.078 M, another standard sale with no immediate implications for ADI’s fundamentals. Cantor Fitzgerald’s recent lift of the price target to $550 from $510 signals renewed confidence in the firm’s near‑term upside, suggesting that traders may view the stock as a potential support level. The announcement of a $3 billion revolving credit facility provides ADI with flexible liquidity that could fund strategic investments or share‑buyback programs, potentially improving the balance sheet. Analysts have projected Q2 EPS of $3.33 and revenue of $3.93 billion, a 62 % and 36 % year‑over‑year increase respectively, and the upcoming earnings release will be the next key catalyst for the stock. The completion of the $1.2 billion acquisition of Empower Semiconductor earlier this year adds AI compute‑power delivery assets, expanding ADI’s total addressable market across automotive, industrial, and data‑center segments. Cantor’s rationale for the higher target cites accelerating AI infrastructure build‑out and persistent supply‑chain constraints that extend the semiconductor growth runway, underscoring the company’s positioning in the AI ecosystem. Over the past 20 years, ADI has delivered a 17.24 % annualized return versus 8.01 % for the broader market, reinforcing its resilience and attracting GARP investors focused on high‑margin solutions. Traders should watch the earnings release for confirmation of the projected growth, any guidance on capital deployment from the new credit line, and progress on integrating Empower’s technology, as these factors will shape the stock’s trajectory over the next ten trading days.
Earnings Summary
Analog Devices, Inc. (ADI) is a global technology firm that designs and produces integrated circuits, software, and subsystems, converting analog signals into digital data for industrial, automotive, and communications markets. Operating within the semiconductor sector, ADI supplies essential components such as data converters, power management solutions, and RF ICs. In the most recent two quarters, ADI posted EPS of $2.46 in Q1 2026 and $3.09 in Q2 2026, both exceeding analyst estimates of $2.46 and $2.91 respectively, while revenue climbed to $3.160 billion and $3.623 billion, up from $3.076 billion and $2.423 billion in the same quarters of 2025, reflecting accelerated top‑line growth. Across the seven quarters of data, the company has consistently beaten earnings expectations, with EPS surpassing forecasts in every period and revenue growth maintained quarter‑over‑quarter. Historically, ADI has shown a steady YoY increase in both revenue and earnings, with no periods of decline; the pattern of consistent beats underscores a robust operating model. Recent news highlights a record Q2 revenue driven by a 90% jump in data‑center sales and 56% growth in industrial segments, as well as the acquisition of Empower Semiconductor, which is expected to broaden ADI’s AI power‑management portfolio and lift margins, though integration risks remain. Forward‑looking watch points for investors include monitoring the upcoming Q3 earnings release for confirmation of revenue and margin projections, updates on Empower integration, and broader semiconductor demand data that could influence ADI’s growth trajectory. Additionally, investors should watch for any changes in supply‑chain dynamics or macroeconomic factors that could impact ADI’s cost structure and pricing power.

EPS

EstBeatMiss
$1.45$1.98$2.50$3.03$3.56Q1'25Q2'25Q3'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$3.32 - -
Q2'26$2.91$3.09+6.2%
Q1'26$2.46$2.46+0.1%
Q3'25$2.23$2.26+1.1%
Q2'25$1.95$2.05+5.3%
Q1'25$1.69$1.85+9.4%

Revenue

EstBeatMiss
$2.4B$2.9B$3.3B$3.7B$4.1BQ1'25Q2'25Q3'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$3.9B - -
Q2'26$3.5B$3.6B+2.1%
Q1'26$3.2B$3.2B-2.1%
Q3'25 - $3.1B -
Q2'25 - $2.9B -
Q1'25 - $2.6B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

ADI Stock Snapshot

ADI is currently trading at $397.00, giving Analog Devices, Inc. a market cap of 192.09B and a P/E ratio of 58.0. Today's range spans $385.90–$398.33, with shares opening at $387.50 and moving up $1.21 (0.3%) from the prior close. DailyIQ's technical score sits at 59/100 (HOLD) with a news sentiment reading of 72/100.

Over the past year ADI has traded between $218.37 and $445.91 - the current price is +81.8% off the 52-week low and -11.0% from the high. 40 analysts cover the stock with a Buy consensus and a mean 12-month target of $453.67 (range $363.00–$550.00), implying upside of +14.3%.

ADI trades at $397.00 (in the upper portion of its 52-week range within $218.37–$445.91) - and the HOLD signal (59/100) reflects a market that's fairly priced relative to near-term expectations rather than one that's mispriced in either direction. (P/E: 58.0) At 192.09B in Technology market cap, bullish sentiment (72/100) confirms the lack of near-term narrative catalyst. The thesis is intact; the timing is patient.

The 52-week range of $218.37–$445.91 for ADI provides the structural reference that options traders, systematic funds, and discretionary managers all anchor to — and at $397.00 (in the upper portion of its 52-week range), the stock sits in a zone where the next 5–10% move will likely define which crowd was right. A HOLD signal at 59/100 and bullish news backdrop (72/100) don't break the tie yet, but they narrow the probability distribution toward the upside.