Analog Devices (NASDAQ:ADI) Upgraded at Seaport Research Partners

Analog Devices (NASDAQ:ADI) was upgraded by stock analysts at Seaport Research Partners from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a $425.00 price objective on the semiconductor company’s stock. Seaport Research Partners’ price objective would indicate a potential upside of 13.86% from the stock’s current price.

A number of other equities analysts also recently weighed in on the stock. TD Cowen boosted their target price on shares of Analog Devices from $450.00 to $460.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Morgan Stanley reissued an “overweight” rating on shares of Analog Devices in a research report on Thursday. The Goldman Sachs Group restated a “buy” rating and set a $480.00 price objective on shares of Analog Devices in a research note on Wednesday. Finally, Stifel Nicolaus upped their target price on shares of Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $443.59.

Analog Devices Stock Down 0.9%

ADI stock opened at $373.26 on Thursday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The business has a 50 day moving average price of $389.98 and a two-hundred day moving average price of $370.68. The company has a market cap of $181.81 billion, a price-to-earnings ratio of 55.46, a P/E/G ratio of 0.98 and a beta of 1.20. Analog Devices has a twelve month low of $223.47 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the firm earned $2.05 EPS. The business’s quarterly revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts anticipate that Analog Devices will post 12.42 EPS for the current fiscal year.

Insiders Place Their Bets

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the sale, the senior vice president owned 56,332 shares of the company’s stock, valued at $23,546,776. This trade represents a 23.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction on Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the transaction, the director directly owned 11,019 shares of the company’s stock, valued at approximately $4,295,536.77. This trade represents a 8.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 105,274 shares of company stock worth $42,247,986. Company insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after purchasing an additional 529 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Analog Devices by 36.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after purchasing an additional 464 shares during the last quarter. Ieq Capital LLC boosted its stake in Analog Devices by 38.0% in the 2nd quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company’s stock valued at $10,610,000 after purchasing an additional 12,276 shares during the period. HUB Investment Partners LLC acquired a new position in Analog Devices in the 2nd quarter valued at $644,000. Finally, Peapack Gladstone Financial Corp increased its position in Analog Devices by 2.4% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company’s stock worth $14,322,000 after buying an additional 1,406 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Trending Headlines about Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Strong quarterly beat: ADI reported adjusted EPS of $3.45, topping the $3.34 consensus, while revenue rose 39.2% year over year to a record $4.02 billion, ahead of expectations near $3.91 billion. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: AI and data-center momentum: Management highlighted more than 100% growth in data-center revenue, alongside strong industrial demand. Industrial revenue increased 53% and communications revenue rose 84%, helping drive record margins and profitability. Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
• Positive Sentiment: Upbeat fourth-quarter guidance: ADI forecast revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, exceeding consensus estimates of approximately $4.1 billion and $3.53, respectively. The outlook suggests momentum may extend into 2027. Analog Devices Guides for Above-Consensus Fourth Quarter
• Positive Sentiment: Analyst support and shareholder returns: TD Cowen reaffirmed a Buy rating with a $460 price target, while Goldman Sachs maintained its Buy rating and $450 target. ADI also declared a quarterly dividend of $1.10 per share, payable September 15.
• Neutral Sentiment: ADI’s valuation remains elevated at roughly 55 times earnings, which could leave the stock sensitive to any slowdown in AI spending, margin expansion, or semiconductor demand.
• Negative Sentiment: Reported insider-trading data showed 81 open-market insider sales and no purchases during the past six months. While such transactions may reflect diversification or scheduled selling, the pattern could temper bullish sentiment.

Analog Devices Company Profile

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.