Zacks Research Boosts Earnings Estimates for Analog Devices

Analog Devices, Inc. (NASDAQ:ADI - Free Report) - Research analysts at Zacks Research increased their Q2 2025 earnings estimates for Analog Devices in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $1.68 per share for the quarter, up from their prior estimate of $1.67. The consensus estimate for Analog Devices' current full-year earnings is $7.14 per share. Zacks Research also issued estimates for Analog Devices' Q1 2026 earnings at $1.90 EPS, Q2 2026 earnings at $2.12 EPS, Q3 2026 earnings at $2.24 EPS and FY2026 earnings at $8.59 EPS.

A number of other research analysts also recently issued reports on the stock. Truist Financial lifted their price target on shares of Analog Devices from $230.00 to $248.00 and gave the stock a "hold" rating in a research note on Thursday, February 20th. TD Cowen reduced their price objective on shares of Analog Devices from $270.00 to $260.00 and set a "buy" rating for the company in a research report on Wednesday, November 27th. Morgan Stanley boosted their price objective on shares of Analog Devices from $248.00 to $250.00 and gave the stock an "overweight" rating in a research report on Thursday, February 20th. Lake Street Capital assumed coverage on shares of Analog Devices in a research report on Friday, February 14th. They set a "buy" rating for the company. Finally, Oppenheimer restated an "outperform" rating and set a $270.00 price objective (up previously from $245.00) on shares of Analog Devices in a research report on Thursday, February 20th. Six equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Analog Devices presently has an average rating of "Moderate Buy" and a consensus target price of $255.41.

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Analog Devices Stock Down 1.2 %

Analog Devices stock traded down $2.52 during trading on Friday, reaching $209.16. The stock had a trading volume of 2,657,007 shares, compared to its average volume of 3,100,512. Analog Devices has a 52-week low of $182.57 and a 52-week high of $247.10. The business has a 50 day moving average price of $217.96 and a 200 day moving average price of $220.40. The company has a quick ratio of 1.43, a current ratio of 1.93 and a debt-to-equity ratio of 0.19. The stock has a market cap of $103.74 billion, a PE ratio of 66.61, a P/E/G ratio of 2.85 and a beta of 1.07.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The semiconductor company reported $1.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.09. Analog Devices had a net margin of 16.75% and a return on equity of 8.91%. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the firm earned $1.73 earnings per share. The firm's quarterly revenue was down 3.6% on a year-over-year basis.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Tuesday, March 4th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This is a boost from Analog Devices's previous quarterly dividend of $0.92. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.89%. Analog Devices's dividend payout ratio is 126.11%.

Analog Devices announced that its Board of Directors has approved a share buyback plan on Tuesday, February 18th that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 9.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the company's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $209.12, for a total transaction of $2,091,200.00. Following the transaction, the chief executive officer now directly owns 64,918 shares of the company's stock, valued at $13,575,652.16. This represents a 13.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.33% of the company's stock.

Institutional Investors Weigh In On Analog Devices

A number of large investors have recently added to or reduced their stakes in the business. Bank of Hawaii lifted its holdings in Analog Devices by 4.8% in the 3rd quarter. Bank of Hawaii now owns 1,043 shares of the semiconductor company's stock valued at $240,000 after purchasing an additional 48 shares in the last quarter. Midwest Professional Planners LTD. raised its holdings in Analog Devices by 0.6% in the 4th quarter. Midwest Professional Planners LTD. now owns 9,296 shares of the semiconductor company's stock valued at $1,975,000 after acquiring an additional 53 shares during the last quarter. Portland Global Advisors LLC lifted its stake in shares of Analog Devices by 1.3% during the 4th quarter. Portland Global Advisors LLC now owns 4,014 shares of the semiconductor company's stock worth $853,000 after purchasing an additional 53 shares during the period. NTV Asset Management LLC boosted its holdings in shares of Analog Devices by 2.7% during the fourth quarter. NTV Asset Management LLC now owns 2,063 shares of the semiconductor company's stock worth $438,000 after purchasing an additional 54 shares during the last quarter. Finally, West Oak Capital LLC grew its position in shares of Analog Devices by 0.4% in the fourth quarter. West Oak Capital LLC now owns 12,509 shares of the semiconductor company's stock valued at $2,658,000 after purchasing an additional 55 shares during the period. 86.81% of the stock is owned by institutional investors and hedge funds.

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.