Analog Devices, Inc. (ADI)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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.
Analog Devices to Participate in the UBS Global Technology Conference
WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices to Participate in the UBS Global Technology Conference.
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.
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.
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...
Morgan Stanley upgrades Analog Devices ahead of earnings
The "Halftime Report" traders debate the biggest analyst calls of the day.
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.
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...
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...
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...
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...
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...
3 AI Stocks That High-Yield Dividend Investors Will Love
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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...
Cramer's Mad Dash on Analog Devices: Jay Powell has a winning hand
CNBC's Jim Cramer delivers his daily Mad Dash.
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.
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.
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...