Arete Research Upgrades Analog Devices (NASDAQ:ADI) to “Buy”

Analog Devices (NASDAQ:ADI) was upgraded by equities researchers at Arete Research from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, MarketBeat reports. The firm currently has a $389.00 price target on the semiconductor company’s stock. Arete Research’s price target would indicate a potential upside of 26.53% from the stock’s current price.

Several other research firms have also commented on ADI. Jefferies Financial Group reissued a “buy” rating and issued a $410.00 price objective on shares of Analog Devices in a research note on Thursday, February 19th. Morgan Stanley restated an “overweight” rating and issued a $373.00 price objective on shares of Analog Devices in a report on Thursday, February 19th. Wells Fargo & Company increased their target price on shares of Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Evercore reissued an “outperform” rating and issued a $387.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Piper Sandler boosted their price target on shares of Analog Devices from $250.00 to $360.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $367.81.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $307.44 on Monday. Analog Devices has a twelve month low of $158.65 and a twelve month high of $363.20. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The stock has a fifty day simple moving average of $323.94 and a 200-day simple moving average of $280.02. The stock has a market capitalization of $150.09 billion, a PE ratio of 56.20, a PEG ratio of 1.41 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the business earned $1.63 EPS. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities analysts forecast that Analog Devices will post 7.14 earnings per share for the current year.

Insider Buying and Selling at Analog Devices

In other news, CAO Michael Sondel sold 4,199 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the sale, the chief accounting officer owned 14,740 shares of the company’s stock, valued at approximately $5,321,434.80. This trade represents a 22.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $317.30, for a total value of $991,562.50. Following the sale, the director owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. The trade was a 2.46% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 41,449 shares of company stock worth $12,336,069. Corporate insiders own 0.36% of the company’s stock.

Institutional Trading of Analog Devices

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. increased its position in Analog Devices by 32.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 423,037 shares of the semiconductor company’s stock worth $114,728,000 after buying an additional 103,390 shares during the period. World Investment Advisors boosted its holdings in shares of Analog Devices by 1.3% in the fourth quarter. World Investment Advisors now owns 55,303 shares of the semiconductor company’s stock valued at $14,998,000 after acquiring an additional 733 shares during the period. Farmers National Bank boosted its holdings in shares of Analog Devices by 15.4% in the fourth quarter. Farmers National Bank now owns 8,954 shares of the semiconductor company’s stock valued at $2,428,000 after acquiring an additional 1,194 shares during the period. Winthrop Partners WNY LLC purchased a new position in shares of Analog Devices during the fourth quarter worth approximately $2,164,000. Finally, Meadowbrook Advisors Group LLC purchased a new position in shares of Analog Devices during the fourth quarter worth approximately $1,157,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

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.