Analog Devices, Inc. (ADI)
| Market Cap | 97.45B |
| Revenue (ttm) | 11.57B |
| Net Income (ttm) | 2.82B |
| Shares Out | 495.91M |
| EPS (ttm) | 5.59 |
| PE Ratio | 35.15 |
| Forward PE | 33.27 |
| Dividend | $3.68 (1.87%) |
| Ex-Dividend Date | Mar 4, 2024 |
| Volume | 6,467,822 |
| Open | 200.00 |
| Previous Close | 189.93 |
| Day's Range | 195.03 - 201.68 |
| 52-Week Range | 154.99 - 204.20 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 208.00 (+5.85%) |
| Earnings Date | May 22, 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]
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 StatementsAnalyst Forecast
According to 23 analysts, the average rating for ADI stock is "Buy." The 12-month stock price forecast is $208.0, which is an increase of 5.85% from the latest price.
News
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.
Semi stocks will continue to bifurcate in performance, says James Cakmak
James Cakmak, Clockwise Capital Partner, discusses the recent run-up in semiconductor stocks.
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...
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...
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).
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...
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.
Analog Devices Beats Earnings Expectations. Why the Stock Is Down Anyway.
The semiconductor company's outlook for fiscal second-quarter earnings misses analysts' estimates.
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.
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...
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....
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.
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, ...
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...
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...
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...
We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya
Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...
Mouser, Analog Devices and One Tree Planted Reach Goal to Plant 150,000 Trees Across Europe and United States in Reforestation Projects
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Global electronics component distributor Mouser Electronics Inc. is pleased to announce that the fundraising goals have been met to donate to One Tree Plan...
Analog Devices Appoints Peter Henry to its Board of Directors
WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced that its Board of Directors has appointed Dr. Peter B. Henry, a renowned international economist, as an independe...
Evonetix Announces Agreement for Revolutionary Gene Synthesis Platform with Analog Devices
CAMBRIDGE, England--(BUSINESS WIRE)--EVONETIX LTD (‘Evonetix'), the company developing semiconductor scale technology to improve access to gene synthesis, today announces the signing of a joint develo...
The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova
Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.
Analog Devices to Participate in the UBS Global Technology Conference
WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices to Participate in the UBS Global Technology Conference.
Chipmaker Analog Devices' forecasts held back by inventory corrections
Analog Devices projected first-quarter revenue and profit below market estimates on Tuesday as the chipmaker grapples with an ongoing supply glut in the semiconductor industry.
Analog Devices Beats Revenue Estimates. Why the Stock Is Slipping.
Analog Devices reports fiscal fourth-quarter earnings of $2.01 a share, just shy of analysts' estimates.
Analog Devices Reports Fiscal Fourth Quarter and Record Fiscal 2023 Financial Results
WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced financial results for its fourth quarter and fiscal year 2023, which ended Octobe...