Analog Devices (NASDAQ:ADI) Upgraded by Needham & Company LLC to Buy Rating

Analog Devices (NASDAQ:ADI) was upgraded by Needham & Company LLC from a “hold” rating to a “buy” rating in a research report issued on Thursday,Finviz reports. The brokerage presently has a $400.00 price target on the semiconductor company’s stock. Needham & Company LLC’s price target indicates a potential upside of 15.48% from the company’s previous close.

A number of other equities analysts have also commented on ADI. Morgan Stanley reaffirmed an “overweight” rating and set a $314.00 target price on shares of Analog Devices in a research report on Friday, January 16th. Jefferies Financial Group restated a “buy” rating and set a $410.00 price objective on shares of Analog Devices in a report on Thursday. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Susquehanna increased their price target on Analog Devices from $350.00 to $360.00 and gave the stock a “positive” rating in a research report on Thursday, January 22nd. Finally, Bank of America lifted their price objective on Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $331.88.

Analog Devices Stock Performance

Analog Devices stock opened at $346.37 on Thursday. The company’s 50-day moving average price is $299.67 and its 200-day moving average price is $263.17. The company has a quick ratio of 1.68, a current ratio of 2.19 and a debt-to-equity ratio of 0.24. The company has a market cap of $169.25 billion, a PE ratio of 75.96, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. Analog Devices has a twelve month low of $158.65 and a twelve month high of $355.36.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a return on equity of 11.23% and a net margin of 20.58%.The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the business posted $1.63 earnings per share. The firm’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities research analysts forecast that Analog Devices will post 7.14 EPS for the current fiscal year.

Insider Transactions at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the transaction, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Michael Sondel sold 8,169 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $278.03, for a total value of $2,271,227.07. Following the transaction, the chief accounting officer directly owned 18,913 shares in the company, valued at approximately $5,258,381.39. The trade was a 30.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 53,544 shares of company stock worth $15,320,417. 0.36% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ADI. Brighton Jones LLC raised its stake in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after acquiring an additional 529 shares during the last quarter. Sivia Capital Partners LLC raised its stake in shares of Analog Devices by 36.0% in the second quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after purchasing an additional 464 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of Analog Devices during the second quarter worth about $419,000. D.A. Davidson & CO. lifted its holdings in shares of Analog Devices by 27.1% during the second quarter. D.A. Davidson & CO. now owns 9,162 shares of the semiconductor company’s stock worth $2,181,000 after purchasing an additional 1,951 shares during the period. Finally, Brookstone Capital Management boosted its position in Analog Devices by 18.3% in the second quarter. Brookstone Capital Management now owns 2,241 shares of the semiconductor company’s stock valued at $533,000 after buying an additional 346 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Key Analog Devices News

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

• Positive Sentiment: Q1 results beat and Q2 guidance materially above consensus — ADI reported adjusted EPS of $2.46 and revenue of $3.16B (both ahead of estimates). Management guided FQ2 EPS to $2.73–3.03 (vs. consensus ~2.36) and revenue to $3.4–3.6B (vs. consensus ~3.1B), which drove the bullish market reaction. Analog Devices sees strong second-quarter as AI boom fuels chip sales
• Positive Sentiment: 11% dividend increase and continued capital returns — the board raised the quarterly dividend to $1.10 (22nd consecutive annual increase) and the company returned ~$1B in buybacks/dividends in the quarter, underscoring strong free cash flow and shareholder-friendly policy. Analog Devices Raises Quarterly Dividend by 11%
• Positive Sentiment: Analyst upgrades and higher price targets — several firms raised targets (Cantor Fitzgerald to $400, Stifel to $360, others), reflecting the stronger guide and AI/data-center exposure; analyst tone is broadly constructive. Can Analog Devices Really Hit $400 This Year?
• Positive Sentiment: Bookings and AI/data-center strength — management highlighted broad bookings strength (industrial and record data center orders), improved margins and robust operating/free cash flow, supporting sustainability of growth and buybacks. Analog Devices Reports Fiscal First Quarter 2026 Financial Results
• Neutral Sentiment: Short-interest data is noisy/odd — reports show a reported short interest anomaly (zero shares / NaN changes), which appears to be a data artifact and is not a meaningful market driver today.
• Negative Sentiment: Insider selling and institutional repositioning noted — reports highlight significant insider sales activity and mixed institutional flows (some large sells from a few institutions), which could be a cautionary signal for longer-term holder behavior. Analog Devices jumps as earnings beat and upbeat outlook signal strengthening demand

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.