Cantor Fitzgerald Forecasts Analog Devices FY2026 Earnings

Analog Devices, Inc. (NASDAQ:ADI) – Equities researchers at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Analog Devices in a report issued on Monday, June 9th. Cantor Fitzgerald analyst C. Muse forecasts that the semiconductor company will post earnings per share of $8.57 for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $250.00 price target on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $7.14 per share.

A number of other research firms have also weighed in on ADI. Maxim Group initiated coverage on Analog Devices in a research note on Friday, February 14th. They issued a “buy” rating for the company. TD Cowen upped their price objective on Analog Devices from $200.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, May 23rd. Evercore ISI lifted their price target on shares of Analog Devices from $231.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, May 23rd. Wells Fargo & Company reiterated a “positive” rating on shares of Analog Devices in a research note on Friday, May 23rd. Finally, Cfra Research cut Analog Devices from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $248.63.

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $230.04 on Tuesday. The company has a market capitalization of $114.16 billion, a P/E ratio of 73.44, a P/E/G ratio of 2.85 and a beta of 1.00. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.93 and a quick ratio of 1.43. The firm’s 50 day simple moving average is $200.14 and its two-hundred day simple moving average is $210.38. Analog Devices has a 1-year low of $158.65 and a 1-year high of $247.10.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Thursday, May 22nd. The semiconductor company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.15. Analog Devices had a net margin of 16.75% and a return on equity of 8.91%. The firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the previous year, the firm posted $1.40 EPS. The company’s revenue for the quarter was up 22.3% compared to the same quarter last year.

Institutional Investors Weigh In On Analog Devices

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. EFG Asset Management North America Corp. lifted its holdings in shares of Analog Devices by 0.3% in the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock worth $2,866,000 after acquiring an additional 47 shares during the last quarter. Midwest Professional Planners LTD. raised its holdings in Analog Devices by 0.6% in the fourth 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 in the last quarter. Portland Global Advisors LLC raised its holdings in shares of Analog Devices by 1.3% in the 4th quarter. Portland Global Advisors LLC now owns 4,014 shares of the semiconductor company’s stock valued at $853,000 after purchasing an additional 53 shares in the last quarter. Heritage Financial Services LLC lifted its holdings in Analog Devices by 1.6% during the 1st quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company’s stock worth $669,000 after buying an additional 53 shares during the last quarter. Finally, NTV Asset Management LLC lifted its stake in 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. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $180.21, for a total transaction of $563,156.25. Following the transaction, the director now owns 186,321 shares of the company’s stock, valued at approximately $33,576,907.41. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Vivek Jain sold 12,684 shares of Analog Devices stock in a transaction on Monday, March 24th. The stock was sold at an average price of $210.00, for a total value of $2,663,640.00. Following the transaction, the executive vice president now owns 43,175 shares in the company, valued at approximately $9,066,750. This represents a 22.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 42,934 shares of company stock worth $8,735,156 in the last quarter. Corporate insiders own 0.33% of the company’s stock.

Analog Devices announced that its board has approved a share buyback program on Tuesday, February 18th that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to reacquire up to 9.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Wednesday, June 4th. Analog Devices’s payout ratio is 107.90%.

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.