Analog Devices Stock News

Analog Devices with ticker code (ADI) have now 24 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 225 and 177 and has a mean target at 205.83. With the stocks previous close at 159.79 this indicates there is a potential upside of 28.8%. The 50 day MA is 166.44 and the 200 day MA is 169.27. The market cap for the company is $84,840m. You can visit the company''s website by visiting: https://www.analog.com [stock_market_widget type="chart" template="basic" color="green" assets=ADI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $109,285m based on the market concensus. Analog Devices 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.

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Analog Devices (ADI) could produce exceptional returns because of its solid growth attributes.

Over the past 3 months, 10 analysts have published their opinion on Analog Devices (NASDAQ: ADI ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company''s business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 5 0 0 Last 30D 1 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 2 1 4 0 0 According to 10 analyst offering 12-month price targets in the last 3 months, Analog Devices has an average price target of $197.2 with a high of $220.00 and a low of $180.00. Below is a … Full story available on Benzinga.com

If history is any guide, there may be trouble ahead for shares of Analog Devices (NASDAQ: ADI ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term … Full story available on Benzinga.com

Analog Devices' profit and revenue topped Street estimates in fiscal Q1.

Analog Devices (NASDAQ: ADI) is a high-performance, world-class analog tech firm that recorded $1.94 EPS in the first quarter of 2022, topping the $1.77 analyst estimate by 17 cents. In addition, the

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Analog Devices' (ADI) first-quarter fiscal 2022 results reflect strength across the consumer, industrial, communications and automotive end markets.

Analog Devices, Inc. (ADI) CEO Vincent Roche on Q1 2022 Results - Earnings Call Transcript

Analog Devices Inc (NASDAQ: ADI ) reported first-quarter FY22 revenue growth of 72% year-on-year to $2.68 billion, beating the consensus of $2.60 billion. Adjusted EPS of $1.94 beat the consensus of $1.77. End Markets : Analog Devices'' Industrial revenue grew 57% Y/Y to $1.34 billion. Automotive revenue increased 124% Y/Y to $552.7 million. Communications revenue rose 46% to … Full story available on Benzinga.com

Analog Devices (NASDAQ: ADI ) reported its Q1 earnings results on Wednesday, February 16, 2022 at 07:00 AM. Here''s what investors need to know about the announcement. Also check this: Executives Buying These 5 Penny Stocks Earnings Analog Devices beat estimated earnings by … Full story available on Benzinga.com

Shares of Analog Devices Inc. surged 1.8% in premarket trading Wednesday, after the semiconductor maker reported fiscal first-quarter adjusted profit and revenue that rose above expectations, provided an upbeat outlook and raised its dividend by 10%. Net income fell to $280.1 million, or 53 cents a share, from $388.5 million, or $1.04 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to $1.94 from $1.44, beating the FactSet consensus of $1.80. Revenue grew 72.2% to $2.68 billion, above the FactSet consensus of $2.61 billion. Gross margin fell to 52.2% from 67.1% as cost of sales more than doubled. For the second quarter, the company expects adjusted EPS of $2.07, plus or minus 10 cents, which compares with the FactSet consensus of $1.86; revenue is expected to be $2.80 billion, plus or minus $100 million, while expectations are for $2.66 billion. The company raised its quarterly dividend to 76 cents a share from 69 cents, with the new dividend payable March 8 to shareholders of record on Feb. 25.