Company Overview

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. 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 high-end consumer markets; and power ICs include performance, integration, and software design simulation tools for accurate power supply designs. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company offers digital signal processing and system products for high-speed numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, the rest of North and South America, Europe, Japan, China, and rest of Asia, as well as through its Website. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.

  • Name

    Analog Devices, Inc.

  • CEO

    Vincent T. Roche

  • Website

    www.analog.com

  • Sector

    Semiconductors and Semiconductor Equipment

  • Year Founded

    1965

Company Statistics

Profile

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Valuation (NTM)

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Financial Health

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Bulls Say

  • ADI has tens of thousands of customers and is not reliant on the fortunes of any single chip buyer.

  • ADI has made shrewd acquisitions in recent years, as Linear Tech and Maxim Integrated have boosted its power management chip business.

  • ADI is well positioned to profit from the long-term secular trend of increased electronics content in automobiles, such as in-dash infotainment displays and safety sensors.

Bears Say

  • Despite its strong position and diverse exposure, ADI is still vulnerable to the cyclicality of the overall semiconductor industry.

  • If US-China trade tensions continue, customers in China may gravitate to analog parts made by ADI’s neutral Europe-based rivals or Chinese domestic analog suppliers.

  • ADI has especially strong exposure to the communications infrastructure end market, and spending by telecom makers on advanced networks has been notoriously lumpy.

Source: Morningstar Analysis - Nov 25, 2025

What's happening

Nov 4, 2025 - Dec 4, 2025

Analog Devices Inc. Surges 16.9% Amid Strong Earnings and Analyst Optimism

  • Positive earnings results exceeded analyst expectations, driving investor confidence in Analog Devices Inc.
  • Multiple price target upgrades from major financial institutions reflect strong market sentiment towards ADI's future prospects.
  • Despite rising inventory levels, optimism remains high due to effective management strategies and new product innovations.

Over the past month, Analog Devices Inc. (ADI) experienced a notable increase of 16.9%. This performance significantly outpaced the S&P 500, which saw a slight decline of 0.3%, resulting in an overperformance of 17.1% relative to the index during this period.

The upward momentum for ADI was primarily driven by positive earnings results reported on November 25, where the company announced revenues of $3.08 billion and adjusted earnings per share (EPS) of $2.26—both figures exceeding analyst expectations. The automotive division notably outperformed projections with sales reaching $852 million, contributing to an overall year-on-year revenue growth rate of 25.9%. Following these results, several analysts reaffirmed their bullish outlooks on ADI stock; Benchmark maintained a Buy rating based on solid fourth-quarter performance across all segments.

In addition to favorable earnings reports, ADI received multiple price target upgrades from major financial institutions throughout November, reflecting widespread analyst optimism about its future prospects amid cyclical challenges in the market environment. Morgan Stanley raised its target to $293 while JP Morgan set theirs at $320; these adjustments underscored confidence in ADI’s operational strength and potential for recovery as it navigates through current industry dynamics.

Despite some bearish sentiment stemming from increased inventory levels indicated by Days Inventory Outstanding metrics rising to 133 days—suggesting potential demand weakness—investors remained optimistic about the company's ability to leverage new product innovations effectively moving forward. Recent insider activity also contributed positively when VP Jain filed to sell shares shortly after the strong earnings report.

Overall, Analog Devices Inc.'s robust performance over this one-month period reflects effective management strategies that position it favorably within the Information Technology sector as it outperformed that sector by an impressive margin of 20.9%.

NasdaqGS:ADI