Analog Devices (NASDAQ:ADI) Rating Increased to Buy at Arete Research

Analog Devices (NASDAQ:ADI) was upgraded by investment analysts at Arete Research from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday, MarketBeat reports. The firm currently has a $389.00 price objective on the semiconductor company’s stock. Arete Research’s price objective would suggest a potential upside of 26.53% from the company’s current price.

A number of other research firms have also recently weighed in on ADI. Stifel Nicolaus set a $405.00 price objective on Analog Devices and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Benchmark boosted their target price on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, February 19th. JPMorgan Chase & Co. upped their price target on Analog Devices from $320.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Robert W. Baird set a $365.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Citigroup reissued a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $367.81.

Analog Devices Stock Performance

NASDAQ ADI opened at $307.44 on Monday. The firm’s fifty day moving average is $323.94 and its two-hundred day moving average is $280.02. Analog Devices has a one year low of $158.65 and a one year high of $363.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. The firm has a market cap of $150.09 billion, a PE ratio of 56.20, a P/E/G ratio of 1.41 and a beta of 1.00.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the prior year, the firm earned $1.63 earnings per share. The business’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts expect that Analog Devices will post 7.14 earnings per share for the current year.

Insiders Place Their Bets

In other Analog Devices news, SVP Martin Cotter sold 10,000 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $278.44, for a total value of $2,784,400.00. Following the completion of the transaction, the senior vice president owned 49,664 shares in the company, valued at approximately $13,828,444.16. This represents a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total value of $991,562.50. Following the completion of the sale, the director directly owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. This trade represents a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 41,449 shares of company stock worth $12,336,069. Corporate insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Analog Devices

A number of large investors have recently made changes to their positions in ADI. Howard Hughes Medical Institute acquired a new position in Analog Devices during the second quarter worth about $25,000. Banque Transatlantique SA acquired a new stake in shares of Analog Devices during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Analog Devices during the 4th quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Analog Devices during the 4th quarter worth approximately $27,000. Finally, Clayton Financial Group LLC purchased a new stake in shares of Analog Devices during the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.