Zacks Research Lifts Earnings Estimates for Analog Devices

Analog Devices, Inc. (NASDAQ:ADI) – Investment analysts at Zacks Research boosted their Q1 2026 EPS estimates for shares of Analog Devices in a research report issued to clients and investors on Tuesday, December 16th. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings of $2.29 per share for the quarter, up from their prior forecast of $2.00. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $7.14 per share.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. upped their target price on Analog Devices from $310.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Truist Financial increased their price objective on shares of Analog Devices from $249.00 to $258.00 and gave the company a “hold” rating in a research report on Wednesday, November 26th. Morgan Stanley lifted their target price on shares of Analog Devices from $288.00 to $293.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. Finally, Cfra restated a “buy” rating and set a $280.00 price target on shares of Analog Devices in a research note on Tuesday, November 25th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $285.78.

Analog Devices Stock Performance

Shares of ADI opened at $274.92 on Friday. The company has a current ratio of 2.19, a quick ratio of 1.68 and a debt-to-equity ratio of 0.24. The firm has a market cap of $134.62 billion, a PE ratio of 60.29, a P/E/G ratio of 1.50 and a beta of 1.04. Analog Devices has a 12 month low of $158.65 and a 12 month high of $284.23. The stock has a fifty day moving average price of $249.19 and a 200-day moving average price of $241.82.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Tuesday, November 25th. The semiconductor company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.04. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The company had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.02 billion. During the same quarter in the prior year, the company posted $1.67 earnings per share. Analog Devices’s revenue for the quarter was up 25.9% compared to the same quarter last year.

Institutional Trading of Analog Devices

Hedge funds have recently added to or reduced their stakes in the company. AIA Group Ltd grew its position in Analog Devices by 126.2% during the third quarter. AIA Group Ltd now owns 12,647 shares of the semiconductor company’s stock valued at $3,107,000 after buying an additional 7,056 shares during the period. Strategic Investment Advisors MI purchased a new stake in shares of Analog Devices during the 3rd quarter worth about $646,000. Keel Point LLC grew its position in shares of Analog Devices by 7.4% during the 3rd quarter. Keel Point LLC now owns 3,219 shares of the semiconductor company’s stock valued at $791,000 after acquiring an additional 223 shares during the period. Farmers National Bank increased its stake in shares of Analog Devices by 87.3% in the 3rd quarter. Farmers National Bank now owns 7,760 shares of the semiconductor company’s stock valued at $1,907,000 after purchasing an additional 3,618 shares in the last quarter. Finally, Hudson Bay Capital Management LP raised its holdings in Analog Devices by 2,162.8% in the 3rd quarter. Hudson Bay Capital Management LP now owns 99,569 shares of the semiconductor company’s stock worth $24,464,000 after purchasing an additional 104,396 shares during the period. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Michael Sondel sold 8,169 shares of the stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $278.03, for a total value of $2,271,227.07. Following the sale, the chief accounting officer owned 18,913 shares in the company, valued at $5,258,381.39. This represents a 30.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $234.95, for a total transaction of $2,349,500.00. Following the completion of the sale, the chief executive officer directly owned 163,640 shares in the company, valued at approximately $38,447,218. The trade was a 5.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 40,419 shares of company stock worth $10,249,017. Company insiders own 0.33% of the company’s stock.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Monday, December 8th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, December 8th. Analog Devices’s payout ratio is presently 86.84%.

About Analog Devices

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.