ADINASDAQ— Analog Devices Inc Price & Analysis

Analog Devices Inc

TECHNOLOGY — SEMICONDUCTORS

$362.25

+$5.75+1.61%

Market Cap: $172.75B; Large Cap
P/E Ratio: 42.19; Fwd: 21.37
EPS (TTM): $8.45
Div. Yield: 1.21%

Technical Summary

RSI (14)43.35Neutral

SMA (50)$376.31Bearish

SMA (200)$346.29Bullish

MACD-5.8731Bearish

Bollinger$350.75 – $392.60Mid

Stochastic23.86Neutral

Theo Outlook

Analog Devices (ADI) presents a bullish thesis with a trailing P/E of 43.12, market capitalization of $175.5 billion, TTM revenue growth of 39.6% year-over-year, and diluted EPS of $8.40, reflecting strong demand for its semiconductor solutions amid expanding AI and industrial applications. The forward P/E of 21.46 suggests the market anticipates continued earnings expansion from current levels. High profit margins of 29.8% and return on equity of 12.2% further support the growth narrative in a recovering semiconductor cycle. Key catalysts include robust quarterly revenue growth of 39.6%, momentum in data conversion and power management products, and expansion into high-growth markets such as automotive and communications infrastructure. Earnings momentum is evident from the latest quarter ending July 31, 2026, with analyst ratings showing 7 strong buy and 24 buy recommendations alongside a target price of $470.25. Product launches in signal processing and market share gains in industrial automation are expected to drive further upside. Risks encompass intense competition from larger semiconductor peers, potential regulatory scrutiny on technology exports, and macroeconomic headwinds such as slowing tech spending or recessionary pressures that could compress margins. Mitigations include ADI's diversified revenue base across sectors, high barriers to entry in specialized analog technology, and a conservative balance sheet with strong free cash flow generation to weather downturns. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Sep 7, 2026.

Company Overview

Analog Devices, Inc. (ADI), also known simply as Analog, is an American multinational semiconductor company specializing in data conversion, signal processing and power management technology, headquartered in Wilmington, Massachusetts.

Fundamental Snapshot

Revenue: $13.88B
EBITDA: $6.92B
Gross Profit: $9.13B
Operating Margin: 39.5%
Profit Margin: 29.8%
ROE: 12.2%
Book Value: $69.24
Beta: 1.21
52-Wk High: $444.56
52-Wk Low: $220.71
Avg Volume: 3.48M
PEG Ratio: 0.53

Frequently Asked Questions

What is Analog Devices' business model?

Analog Devices (ADI) designs and manufactures analog, mixed-signal, and digital signal processing integrated circuits used in electronics. It generates revenue primarily through sales to industrial, automotive, communications, and consumer markets, with TTM revenue of $13.88 billion and a profit margin of 29.8%.

What are ADI's main revenue sources?

ADI derives revenue from semiconductors focused on data conversion, signal processing, and power management, with key segments including industrial (largest contributor), automotive, and communications. TTM revenue reached $13.88 billion, supported by 39.6% quarterly revenue growth year-over-year.

What competitive advantages does ADI have?

ADI benefits from deep expertise in analog technology, high switching costs for customers, and a broad portfolio that creates barriers to entry. Its 43.12 trailing P/E and 5.15 price-to-book ratio reflect premium valuation for these moats, alongside 93.9% institutional ownership.

What are the key risks for ADI investors?

Key risks include cyclical semiconductor demand, competition from peers like Texas Instruments, and macro headwinds affecting tech spending. The stock's 52-week range of $220.71 to $444.56 highlights volatility, though a 1.2% dividend yield and September 15, 2026 dividend date provide some income stability.

What is ADI's growth outlook?

ADI's growth outlook is positive with EPS of $8.40, forward P/E of 21.46, and analyst target of $470.25. Expansion in AI, automotive electrification, and industrial IoT, combined with 39.6% revenue growth, positions it for continued momentum into 2027 earnings.