Analog Devices (NASDAQ:ADI) Issues Quarterly Earnings Results, Beats Estimates By $0.20 EPS

Analog Devices (NASDAQ:ADI) announced its earnings results on Wednesday. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.20, FiscalAI reports. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. Analog Devices updated its Q3 2026 guidance to 3.150-3.450 EPS.

Analog Devices Stock Down 1.0%

ADI stock opened at $414.31 on Wednesday. Analog Devices has a twelve month low of $206.00 and a twelve month high of $435.72. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The firm has a market cap of $202.27 billion, a PE ratio of 75.74, a price-to-earnings-growth ratio of 1.68 and a beta of 1.19. The business has a 50 day moving average of $357.19 and a 200 day moving average of $313.00.

Insider Buying and Selling

In other Analog Devices news, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the sale, the chief accounting officer owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $397.91, for a total transaction of $3,979,100.00. Following the completion of the sale, the chief executive officer directly owned 187,538 shares of the company’s stock, valued at approximately $74,623,245.58. This trade represents a 5.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 24,199 shares of company stock valued at $8,676,423. 0.36% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Analog Devices

Hedge funds have recently modified their holdings of the business. Timmons Wealth Management LLC bought a new stake in shares of Analog Devices during the 4th quarter valued at $40,000. Atlas Capital Advisors Inc. bought a new stake in shares of Analog Devices during the 4th quarter valued at $44,000. Kemnay Advisory Services Inc. bought a new stake in shares of Analog Devices during the 4th quarter valued at $53,000. Prosperity Bancshares Inc purchased a new position in shares of Analog Devices during the 4th quarter valued at $65,000. Finally, Golden State Wealth Management LLC lifted its stake in shares of Analog Devices by 15.6% during the 4th quarter. Golden State Wealth Management LLC now owns 303 shares of the semiconductor company’s stock valued at $82,000 after buying an additional 41 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on ADI shares. Stifel Nicolaus upped their price target on shares of Analog Devices from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Monday. JPMorgan Chase & Co. increased their target price on shares of Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. The Goldman Sachs Group increased their target price on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Evercore reiterated an “outperform” rating and set a $387.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Finally, Truist Financial increased their target price on shares of Analog Devices from $291.00 to $364.00 and gave the stock a “hold” rating in a report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $381.27.

Key Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: ADI is acquiring Empower Semiconductor to expand its high-density power portfolio and better serve AI infrastructure customers, potentially increasing its addressable market in a fast-growing segment. Analog Devices to Acquire Empower Semiconductor, Expanding its Next-Generation High-Density Power Portfolio for the AI Era
• Positive Sentiment: The acquisition could improve Analog Devices’ position as a system-level power partner for hyperscalers and AI chip developers, reinforcing the company’s AI growth story ahead of earnings. Analog Devices in talks to buy Empower Semiconductor for $1.5 billion, Bloomberg News reports
• Neutral Sentiment: Broader market weakness and rising yields weighed on technology stocks, which may have tempered sentiment even as AI-related chip names held up relatively well. Dow Jones Futures: Stocks Fall As Yields Jump; Micron, Sandisk, Astera Rise With Nvidia Earnings Due
• Neutral Sentiment: Analysts and pre-earnings commentary have also highlighted ADI’s existing momentum in industrial, communications, robotics, and AI infrastructure, adding to expectations going into results. Should You Buy, Sell or Hold ADI Stock Before Q2 Earnings?

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.