Analog Devices Q2 EPS Estimate Increased by Zacks Research

Analog Devices, Inc. (NASDAQ:ADI) – Research analysts at Zacks Research boosted their Q2 2026 earnings estimates for shares of Analog Devices in a research report issued on Tuesday, December 16th. Zacks Research analyst Team now anticipates that the semiconductor company will earn $2.32 per share for the quarter, up from their previous forecast of $2.20. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Analog Devices’ current full-year earnings is $7.14 per share. Zacks Research also issued estimates for Analog Devices’ Q3 2026 earnings at $2.40 EPS, Q4 2026 earnings at $2.48 EPS, FY2026 earnings at $9.49 EPS, Q1 2027 earnings at $2.53 EPS, Q2 2027 earnings at $2.60 EPS, Q3 2027 earnings at $2.67 EPS, Q4 2027 earnings at $2.74 EPS, FY2027 earnings at $10.55 EPS and FY2028 earnings at $12.38 EPS.

A number of other brokerages have also recently commented on ADI. BNP Paribas started coverage on Analog Devices in a research report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 price target on the stock. Barclays increased their price objective on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $270.00 price objective on shares of Analog Devices in a research note on Wednesday, November 26th. Wells Fargo & Company lifted their target price on shares of Analog Devices from $250.00 to $265.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Finally, BNP Paribas Exane assumed coverage on shares of Analog Devices in a research report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $285.78.

Analog Devices Price Performance

Analog Devices stock opened at $271.04 on Thursday. The firm has a market cap of $132.71 billion, a PE ratio of 59.44, a price-to-earnings-growth ratio of 1.55 and a beta of 1.04. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.19 and a quick ratio of 1.68. The stock’s fifty day moving average price is $248.45 and its two-hundred day moving average price is $241.59. Analog Devices has a one year low of $158.65 and a one year high of $284.23.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Tuesday, November 25th. The semiconductor company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.04. The business had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.02 billion. Analog Devices had a return on equity of 11.23% and a net margin of 20.58%.The firm’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period last year, the firm posted $1.67 EPS.

Hedge Funds Weigh In On Analog Devices

Institutional investors have recently added to or reduced their stakes in the business. Solstein Capital LLC grew its stake in Analog Devices by 2.0% during the second quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock valued at $549,000 after acquiring an additional 46 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Analog Devices by 7.7% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,001,839 shares of the semiconductor company’s stock worth $238,458,000 after purchasing an additional 71,735 shares in the last quarter. West Family Investments Inc. bought a new position in Analog Devices in the 2nd quarter valued at $376,000. Nisa Investment Advisors LLC boosted its holdings in Analog Devices by 13.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 203,286 shares of the semiconductor company’s stock valued at $48,386,000 after purchasing an additional 24,425 shares during the period. Finally, Bank of Montreal Can grew its position in shares of Analog Devices by 88.2% during the 2nd quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock valued at $247,668,000 after purchasing an additional 487,535 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the sale, the chief executive officer owned 140,118 shares of the company’s stock, valued at approximately $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the sale, the director owned 5,118 shares of the company’s stock, valued at approximately $1,242,343.32. The trade was a 16.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 32,294 shares of company stock worth $8,019,973 over the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Stockholders of record on Monday, December 8th will be given a dividend of $0.99 per share. The ex-dividend date is Monday, December 8th. This represents a $3.96 annualized dividend and a dividend yield of 1.5%. Analog Devices’s dividend payout ratio is 86.84%.

About Analog Devices

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, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.