Analog Devices FY2026 Earnings Forecast Increased by KeyCorp

Analog Devices, Inc. (NASDAQ:ADI) – Equities research analysts at KeyCorp lifted their FY2026 earnings per share estimates for shares of Analog Devices in a note issued to investors on Wednesday, October 14th. KeyCorp analyst J. Vinh now expects that the semiconductor company will post earnings of $13.06 per share for the year, up from their previous estimate of $12.62. KeyCorp currently has an “Overweight” rating and a $525.00 target price on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $12.99 per share. KeyCorp also issued estimates for Analog Devices’ Q4 2026 earnings at $4.07 EPS, Q1 2027 earnings at $4.17 EPS, Q2 2027 earnings at $4.35 EPS, Q3 2027 earnings at $4.63 EPS, Q4 2027 earnings at $4.74 EPS and FY2027 earnings at $17.88 EPS.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same period in the prior year, the business posted $2.05 EPS. The firm’s quarterly revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS.

A number of other research analysts also recently issued reports on ADI. Robert W. Baird lifted their price objective on shares of Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research report on Monday, August 24th. Arete Research boosted their price objective on shares of Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Piper Sandler set a $460.00 target price on shares of Analog Devices in a research report on Tuesday, September 8th. The Goldman Sachs Group restated a “buy” rating and issued a $480.00 target price (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. Finally, Evercore cut their price target on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $460.09.

Analog Devices Stock Performance

ADI stock opened at $394.35 on Monday. Analog Devices has a one year low of $223.47 and a one year high of $445.91. The firm has a market cap of $191.09 billion, a price-to-earnings ratio of 35.12, a PEG ratio of 1.22 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The firm has a 50-day simple moving average of $382.96 and a two-hundred day simple moving average of $387.64.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is 52.19%.

Insider Activity at Analog Devices

In related news, insider Vivek Jain sold 3,305 shares of Analog Devices stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the sale, the insider directly owned 40,428 shares in the company, valued at $16,437,216.24. This trade represents a 7.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Richard Puccio, Jr. sold 2,683 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $374.56, for a total value of $1,004,944.48. Following the sale, the chief financial officer owned 54,177 shares in the company, valued at approximately $20,292,537.12. The trade was a 4.72% 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. Insiders sold 50,936 shares of company stock valued at $19,430,764 in the last three months. 0.36% of the stock is owned by insiders.

Hedge Funds Weigh In On Analog Devices

Hedge funds have recently bought and sold shares of the business. Contravisory Investment Management Inc. purchased a new stake in shares of Analog Devices during the second quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new stake in Analog Devices in the second quarter valued at approximately $25,000. Nvwm LLC lifted its stake in Analog Devices by 590.0% in the third quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 59 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in Analog Devices in the first quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC lifted its stake in Analog Devices by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 28 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.