Analog Devices, Inc. (ADI)

NASDAQ: ADI · IEX Real-Time Price · USD
198.56
-1.68 (-0.84%)
At close: Dec 29, 2023, 4:00 PM
198.29
-0.27 (-0.14%)
After-hours: Dec 29, 2023, 4:33 PM EST
-0.84%
Market Cap 98.54B
Revenue (ttm) 12.31B
Net Income (ttm) 3.31B
Shares Out 496.26M
EPS (ttm) 6.55
PE Ratio 30.31
Forward PE 27.92
Dividend $3.44 (1.73%)
Ex-Dividend Date Dec 1, 2023
Volume 1,542,376
Open 199.87
Previous Close 200.24
Day's Range 198.06 - 200.70
52-Week Range 154.99 - 202.77
Beta 1.19
Analysts Buy
Price Target 202.53 (+2.0%)
Earnings Date Feb 14, 2024

About ADI

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, indus... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 3, 1972
Employees 26,000
Stock Exchange NASDAQ
Ticker Symbol ADI
Full Company Profile

Financial Performance

In 2023, Analog Devices's revenue was $12.31 billion, an increase of 2.43% compared to the previous year's $12.01 billion. Earnings were $3.31 billion, an increase of 20.59%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for ADI stock is "Buy." The 12-month stock price forecast is $202.53, which is an increase of 2.00% from the latest price.

Price Target
$202.53
(2.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya

Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...

10 days ago - CNBC Television

Mouser, Analog Devices and One Tree Planted Reach Goal to Plant 150,000 Trees Across Europe and United States in Reforestation Projects

DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Global electronics component distributor Mouser Electronics Inc. is pleased to announce that the fundraising goals have been met to donate to One Tree Plan...

17 days ago - Business Wire

Which stocks benefited from mentioning AI in their Q3 earnings?

Artificial intelligence (AI) has fueled impressive gains for many investors in 2023. But as we get ready to usher in a new year, some analysts and investors wonder if artificial intelligence is a bubb...

19 days ago - MarketBeat

Analog Devices Appoints Peter Henry to its Board of Directors

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced that its Board of Directors has appointed Dr. Peter B. Henry, a renowned international economist, as an independe...

24 days ago - Business Wire

Evonetix Announces Agreement for Revolutionary Gene Synthesis Platform with Analog Devices

CAMBRIDGE, England--(BUSINESS WIRE)--EVONETIX LTD (‘Evonetix'), the company developing semiconductor scale technology to improve access to gene synthesis, today announces the signing of a joint develo...

25 days ago - Business Wire

The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova

Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.

4 weeks ago - CNBC Television

Analog Devices to Participate in the UBS Global Technology Conference

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices to Participate in the UBS Global Technology Conference.

5 weeks ago - Business Wire

Chipmaker Analog Devices' forecasts held back by inventory corrections

Analog Devices projected first-quarter revenue and profit below market estimates on Tuesday as the chipmaker grapples with an ongoing supply glut in the semiconductor industry.

5 weeks ago - Reuters

Analog Devices Beats Revenue Estimates. Why the Stock Is Slipping.

Analog Devices reports fiscal fourth-quarter earnings of $2.01 a share, just shy of analysts' estimates.

5 weeks ago - Barrons

Analog Devices Reports Fiscal Fourth Quarter and Record Fiscal 2023 Financial Results

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced financial results for its fourth quarter and fiscal year 2023, which ended Octobe...

5 weeks ago - Business Wire

Morgan Stanley upgrades Analog Devices ahead of earnings

The "Halftime Report" traders debate the biggest analyst calls of the day.

6 weeks ago - CNBC Television

Mimi Hearing Technologies Leverages Analog Devices' Audio Platform to Bring Sound Personalization to the High-End Consumer Electronics Market

BERLIN--(BUSINESS WIRE)-- #MimiHearing--Mimi Hearing partners with Analog Devices to bring sound personalization to the high-end consumer electronics market by using ADAU1860 audio platform.

7 weeks ago - Business Wire

Chip stocks just got sent a big warning

Texas Instruments just sent a grim warning about the state of the semiconductor industry, and stocks across the sector are feeling the impact.

Other symbols: TXNAMDARWAVTINTCMCHPMU
2 months ago - Market Watch

Analog Devices, Inc. to Report Fourth Quarter Fiscal Year 2023 Financial Results on Tuesday, November 21, 2023

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced it will release financial results for the fourth quarter fiscal year 2023 at 7:00 a.m. Eastern time on Tuesday, N...

2 months ago - Business Wire

Semiconductor companies are in denial about this sea-change with their biggest customers

The world is experiencing a multi-trillion-dollar shift in the semiconductor industry. The semiconductor revolution (which I have discussed for years) has enabled much of the technological progress we...

3 months ago - Market Watch

2 Charts That Show Semiconductor Stocks Are Poised to Drop

The S&P Semiconductors Select Industry Index has topped both price-wise and on a relative basis. That bodes poorly for the sector.

3 months ago - Barrons

Analog Devices to Participate in J.P. Morgan 14th Annual U.S. All Stars Conference

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company's Chief Executive Officer & Chair of the Board of Directors, Vincent Roche, will discuss busines...

3 months ago - Business Wire

Analog Devices to Participate in the Evercore ISI 2023 Semiconductor & Semiconductor Equipment Conference

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company's Executive Vice President, Finance & Chief Financial Officer, Prashanth Mahendra-Rajah, will di...

4 months ago - Business Wire

Analog Devices to Participate in Citi's 2023 Global Technology Conference

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company's Executive Vice President, Finance & Chief Financial Officer, Prashanth Mahendra-Rajah, will di...

4 months ago - Business Wire

3 AI Stocks That High-Yield Dividend Investors Will Love

AI is hot. It is expected to grow at a 50% CAGR or higher for the next several years, which certainly looks true for NVIDIA NASDAQ: NVDA. While NVIDIA has captured the attention of investors, now ther...

Other symbols: NVDAHPQ
4 months ago - MarketBeat

Advance Auto Parts, Analog Devices, Toll Brothers: Market Movers August 23, 2023

Yahoo Finance Live's Brad Smith and Julie Hyman break down this morning's market trends. The S&P 500 moves higher as investors patiently await Nvidia's (NVDA) earnings expected out after the closing b...

Other symbols: AAPTOL
4 months ago - Yahoo Finance

Cramer's Mad Dash on Analog Devices: Jay Powell has a winning hand

CNBC's Jim Cramer delivers his daily Mad Dash.

4 months ago - CNBC Television

Cramer warns: 'There are semis that aren't hitting it out of the park,' including this stock

Weakness in Analog Devices' consumer business contributed to missed quarterly results and light guidance.

4 months ago - CNBC

Analog Devices Stock Sinks on Weak Outlook. It's Bad News for Chip Stocks.

Analog Devices shares dropped on Wednesday after its quarterly guidance missed analysts' expectations. Other semiconductor companies with big industrial and automotive exposure were also falling.

4 months ago - Barrons

Analog Devices stock slides as earnings fall short and company says it faces ‘near-term turbulence.'

Analog Devices Inc. stock ADI, -0.32% was down nearly 8% in premarket trades Wednesday after the chip maker's adjusted third-quarter profit missed Wall Street estimates. Analog Devices said its profit...

4 months ago - Market Watch