Analog Devices (NASDAQ:ADI) Upgraded at Seaport Research Partners

Analog Devices (NASDAQ:ADI) was upgraded by research analysts at Seaport Research Partners from a “neutral” rating to a “buy” rating in a report issued on Thursday,Benzinga reports. The firm currently has a $425.00 price objective on the semiconductor company’s stock. Seaport Research Partners’ price objective points to a potential upside of 13.86% from the stock’s current price.

A number of other analysts also recently weighed in on ADI. Oppenheimer increased their price target on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald restated an “overweight” rating and set a $550.00 price objective on shares of Analog Devices in a report on Monday. JPMorgan Chase & Co. upped their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Stifel Nicolaus increased their target price on shares of Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Fundamental Research set a $550.00 price target on shares of Analog Devices in a research report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $443.59.

Analog Devices Trading Down 0.9%

Shares of NASDAQ ADI opened at $373.26 on Thursday. The company’s 50 day simple moving average is $389.98 and its 200 day simple moving average is $370.68. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. Analog Devices has a fifty-two week low of $223.47 and a fifty-two week high of $445.91. The firm has a market capitalization of $181.81 billion, a P/E ratio of 55.46, a P/E/G ratio of 0.98 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.91 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm’s quarterly revenue was up 39.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, analysts predict that Analog Devices will post 12.42 EPS for the current year.

Insider Activity at Analog Devices

In other news, Director Karen Golz sold 1,000 shares of the stock in a transaction on Monday, July 13th. The shares were sold at an average price of $389.83, for a total transaction of $389,830.00. Following the completion of the sale, the director owned 11,019 shares of the company’s stock, valued at $4,295,536.77. This represents a 8.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 30,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the sale, the chief executive officer owned 137,538 shares in the company, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 105,274 shares of company stock worth $42,247,986 over the last ninety days. 0.36% of the stock is owned by corporate insiders.

Institutional Trading of Analog Devices

Several hedge funds and other institutional investors have recently modified their holdings of the company. Contravisory Investment Management Inc. acquired a new stake in Analog Devices in the 2nd quarter valued at approximately $25,000. Manning & Napier Advisors LLC acquired a new position in Analog Devices during the 2nd quarter worth approximately $25,000. Dunhill Financial LLC bought a new position in shares of Analog Devices during the 2nd quarter worth approximately $32,000. Quantbot Technologies LP bought a new position in shares of Analog Devices during the 2nd quarter worth approximately $33,000. Finally, Caitlin John LLC acquired a new stake in shares of Analog Devices in the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices News Summary

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

• Positive Sentiment: Strong quarterly beat: ADI reported adjusted EPS of $3.45, topping the $3.34 consensus, while revenue rose 39.2% year over year to a record $4.02 billion, ahead of expectations near $3.91 billion. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: AI and data-center momentum: Management highlighted more than 100% growth in data-center revenue, alongside strong industrial demand. Industrial revenue increased 53% and communications revenue rose 84%, helping drive record margins and profitability. Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
• Positive Sentiment: Upbeat fourth-quarter guidance: ADI forecast revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, exceeding consensus estimates of approximately $4.1 billion and $3.53, respectively. The outlook suggests momentum may extend into 2027. Analog Devices Guides for Above-Consensus Fourth Quarter
• Positive Sentiment: Analyst support and shareholder returns: TD Cowen reaffirmed a Buy rating with a $460 price target, while Goldman Sachs maintained its Buy rating and $450 target. ADI also declared a quarterly dividend of $1.10 per share, payable September 15.
• Neutral Sentiment: ADI’s valuation remains elevated at roughly 55 times earnings, which could leave the stock sensitive to any slowdown in AI spending, margin expansion, or semiconductor demand.
• Negative Sentiment: Reported insider-trading data showed 81 open-market insider sales and no purchases during the past six months. While such transactions may reflect diversification or scheduled selling, the pattern could temper bullish sentiment.

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.