Analog Devices, Inc. (ADI)

NASDAQ: ADI · IEX Real-Time Price · USD
228.24
+3.06 (1.36%)
Jul 2, 2024, 4:00 PM EDT - Market closed
1.36%
Market Cap 113.26B
Revenue (ttm) 10.46B
Net Income (ttm) 2.14B
Shares Out 496.22M
EPS (ttm) 4.28
PE Ratio 53.33
Forward PE 37.03
Dividend $3.68 (1.61%)
Ex-Dividend Date Jun 4, 2024
Volume 2,406,286
Open 224.56
Previous Close 225.18
Day's Range 224.50 - 228.37
52-Week Range 154.99 - 241.88
Beta 1.12
Analysts Buy
Price Target 242.19 (+6.11%)
Earnings Date Aug 21, 2024

About 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, indus... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 3, 1972
Employees 26,000
Stock Exchange NASDAQ
Ticker Symbol ADI
Full Company Profile

Financial Performance

In 2023, Analog Devices's revenue was $12.31 billion, an increase of 2.43% compared to the previous year's $12.01 billion. Earnings were $3.31 billion, an increase of 20.59%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for ADI stock is "Buy." The 12-month stock price forecast is $242.19, which is an increase of 6.11% from the latest price.

Price Target
$242.19
(6.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

LG Energy Solution Teams up with Analog Devices, Inc. to Gain Competitive Edge in Battery Management Total Solution

LG Energy Solution signs MoU with Analog Devices, Inc. (ADI), a global semiconductor leader with Innovative Intelligence at the Edge technologies in the field of battery management. The companies are ...

4 weeks ago - PRNewsWire

Analog Devices to Participate in the Bernstein Strategic Decisions Conference

WILMINGTON, Mass. , May 23, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company's Executive Vice President & Chief Financial Officer, Richard Puccio, will discuss ...

5 weeks ago - PRNewsWire

Analog Devices CEO Vincent Roche on Q2 earnings

Analog Devices CEO Vincent Roche joins CNBC's 'Money Movers' to discuss the company's earnings report, implementing AI, and more.

5 weeks ago - CNBC Television

Analog Devices (ADI) on Pace for Record Close

Analog Devices (ADI) is on pace for a record close. Renita Young discusses this as Analog Devices' 2Q adjusted EPS came in at $1.40 versus an estimated $1.26 and revenue came in at $2.16B versus an es...

5 weeks ago - Schwab Network

Analog Devices Sees a Business Recovery Ahead, and Stock Hits a Record High

Analog Devices (ADI) shares soared to a record high Wednesday after the semiconductor maker posted better-than-expected results and guidance as inventory backlogs eased.

5 weeks ago - Investopedia

Analog Devices Stock Jumps. A Strong Outlook Is a Reason Why.

Analog Devices expects fiscal third-quarter revenue of $2.27 billion, plus or minus $100 million. The forecast tops analysts' estimates.

5 weeks ago - Barrons

Analog Devices forecasts quarterly revenue above estimates

Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its automotive and industrial chips after a prolonged slump.

5 weeks ago - Reuters

Analog Devices Reports Fiscal Second Quarter 2024 Financial Results

Revenue of $2.16 billion, above the midpoint of our outlook Operating cash flow of $4.3 billion and free cash flow of $3.1 billion on a trailing twelve-month basis Returned over $675 million to shareh...

5 weeks ago - PRNewsWire

24 Dividend Aristocrats in the stock market with the fastest-growing payouts

At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...

Other symbols: ABTADPAFGAFLBBYBMIBRO
2 months ago - Market Watch

Analog Devices, Inc. to Report Second Quarter Fiscal Year 2024 Financial Results on Wednesday, May 22, 2024

WILMINGTON, Mass. , April 24, 2024 /PRNewswire/ --  Analog Devices, Inc.  (Nasdaq:  ADI) today announced it will release financial results for the second quarter fiscal year 2024 at 7:00 a.m.

2 months ago - PRNewsWire

Semi stocks will continue to bifurcate in performance, says James Cakmak

James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.

3 months ago - CNBC Television

ADI and the BMW Group Join Forces to Provide Industry-Leading 10MB Ethernet for Automotive, Enabling Software-Defined Vehicles

WILMINGTON, Mass. and MUNICH , March 6, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) and the BMW Group (Nasdaq: BMWYY) today announced an early adoption of E²B™, ADI's 10BASE-T1S Ethernet t...

Other symbols: BMWYY
4 months ago - PRNewsWire

ADI Announces U.S. FDA 510(k) Clearance and the Commercial Launch of Sensinel by Analog Devices™ Cardiopulmonary Management (CPM) System

Enabling closer remote patient monitoring and reduced healthcare costs WILMINGTON, Mass. , March 5, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced U.S. Food and Drug Administr...

4 months ago - PRNewsWire

Analog Devices doubles down on partnership with TSMC

Analog Devices Inc (NASDAQ: ADI) just announced to have double downed on its partnership with Taiwan Semiconductor Mfg. Co. Ltd (NYSE: TSM).

Other symbols: TSM
4 months ago - Invezz

Analog Devices Strengthens Capacity and Resiliency Through Expanded Partnership with TSMC

Special arrangement through JASM secures ADI's long-term chip supply and focuses on 40nm and finer process technology nodes WILMINGTON, Mass. , Feb. 22, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasd...

4 months ago - PRNewsWire

Chipmaker Analog Devices forecasts weak Q2 as excess supply hurts

Chipmaker Analog Devices forecast second-quarter profit and revenue below estimates on Wednesday, as it grapples with uncertain demand from the industrial and automotive sectors.

4 months ago - Reuters

Analog Devices Beats Earnings Expectations. Why the Stock Is Down Anyway.

The semiconductor company's outlook for fiscal second-quarter earnings misses analysts' estimates.

4 months ago - Barrons

Analog Devices CEO says ‘we are well positioned' after Q1 earnings

Analog Devices Inc (NASDAQ: ADI) is trading down in premarket on Wednesday after reporting disappointing results for its first financial quarter. This is a developing story.

4 months ago - Invezz

Analog Devices Reports Fiscal First Quarter 2024 Financial Results

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced financial results for its 14-week fiscal first quarter 2024, which ended February...

4 months ago - Business Wire

Analog Devices Raises Quarterly Dividend By 7%

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (NASDAQ: ADI), a global semiconductor leader, today announced that its Board of Directors has voted to increase its quarterly dividend from $0....

4 months ago - Business Wire

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

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. to report First Quarter Fiscal Year 2024 Financial Results on Wednesday, February 21, 2024.

5 months ago - Business Wire

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

DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics, Inc., the New Product Introduction (NPI) leader™ empowering innovation, and Analog Devices, Inc. (ADI), a global semiconductor leader, ...

5 months ago - Business Wire

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

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as Executive Vice President and Chief Finan...

5 months ago - Business Wire

Analog Devices Deploys SambaNova Suite to Facilitate Breakthrough Generative AI Capabilities at Enterprise Scale

WILMINGTON, Mass. & PALO ALTO, Calif.--(BUSINESS WIRE)-- #AI--Analog Devices, Inc. (Nasdaq: ADI), global semiconductor leader, and SambaNova Systems, makers of the only purpose-built, full-stack AI pl...

6 months ago - Business Wire

Honeywell and Analog Devices Team Up to Drive Transformative Innovation, Beginning with Building Automation

Digital connectivity technologies in building management systems will help reduce cost, waste, and downtime ATLANTA and WILMINGTON, Mass. , Jan. 9, 2024 /PRNewswire/ -- Honeywell (Nasdaq:  HON) and A...

Other symbols: HON
6 months ago - PRNewsWire