Analog Devices (NASDAQ:ADI) Rating Increased to Buy at Needham & Company LLC

Analog Devices (NASDAQ:ADI) was upgraded by analysts at Needham & Company LLC from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday,Finviz reports. The brokerage currently has a $400.00 target price on the semiconductor company’s stock. Needham & Company LLC’s target price would suggest a potential upside of 15.48% from the company’s current price.

A number of other brokerages have also recently commented on ADI. Benchmark reaffirmed a “buy” rating and set a $285.00 price objective on shares of Analog Devices in a research note on Wednesday, November 26th. Stifel Nicolaus set a $405.00 price target on shares of Analog Devices in a report on Wednesday. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 price objective on shares of Analog Devices in a report on Thursday. UBS Group reiterated a “buy” rating and issued a $400.00 price objective on shares of Analog Devices in a research report on Monday, February 9th. Finally, Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $331.88.

Analog Devices Price Performance

Shares of ADI opened at $346.37 on Thursday. The company has a market capitalization of $169.25 billion, a P/E ratio of 75.96, a P/E/G ratio of 1.93 and a beta of 1.03. The business’s 50-day moving average is $299.67 and its two-hundred day moving average is $263.17. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.68 and a current ratio of 2.19. Analog Devices has a fifty-two week low of $158.65 and a fifty-two week high of $355.36.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 11.23% and a net margin of 20.58%.The company’s revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Research analysts predict that Analog Devices will post 7.14 earnings per share for the current year.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 500 shares of Analog Devices stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the sale, the senior vice president directly owned 12,710 shares in the company, valued at approximately $3,831,556.60. The trade was a 3.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Martin Cotter sold 10,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $278.44, for a total value of $2,784,400.00. Following the transaction, the senior vice president directly owned 49,664 shares of the company’s stock, valued at $13,828,444.16. The trade was a 16.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 53,544 shares of company stock worth $15,320,417 in the last three months. 0.36% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Analog Devices

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. 1620 Investment Advisors Inc. lifted its stake in shares of Analog Devices by 5.0% in the 4th quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after purchasing an additional 32 shares during the last quarter. Covestor Ltd lifted its position in Analog Devices by 14.1% in the fourth quarter. Covestor Ltd now owns 275 shares of the semiconductor company’s stock valued at $75,000 after buying an additional 34 shares during the last quarter. Maia Wealth LLC boosted its stake in Analog Devices by 2.0% during the fourth quarter. Maia Wealth LLC now owns 1,720 shares of the semiconductor company’s stock worth $466,000 after buying an additional 34 shares during the period. JFS Wealth Advisors LLC increased its position in shares of Analog Devices by 9.9% during the fourth quarter. JFS Wealth Advisors LLC now owns 390 shares of the semiconductor company’s stock valued at $106,000 after acquiring an additional 35 shares during the last quarter. Finally, Albion Financial Group UT increased its position in shares of Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 36 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices News Roundup

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

• Positive Sentiment: Q1 results beat and Q2 guidance materially above consensus — ADI reported adjusted EPS of $2.46 and revenue of $3.16B (both ahead of estimates). Management guided FQ2 EPS to $2.73–3.03 (vs. consensus ~2.36) and revenue to $3.4–3.6B (vs. consensus ~3.1B), which drove the bullish market reaction. Analog Devices sees strong second-quarter as AI boom fuels chip sales
• Positive Sentiment: 11% dividend increase and continued capital returns — the board raised the quarterly dividend to $1.10 (22nd consecutive annual increase) and the company returned ~$1B in buybacks/dividends in the quarter, underscoring strong free cash flow and shareholder-friendly policy. Analog Devices Raises Quarterly Dividend by 11%
• Positive Sentiment: Analyst upgrades and higher price targets — several firms raised targets (Cantor Fitzgerald to $400, Stifel to $360, others), reflecting the stronger guide and AI/data-center exposure; analyst tone is broadly constructive. Can Analog Devices Really Hit $400 This Year?
• Positive Sentiment: Bookings and AI/data-center strength — management highlighted broad bookings strength (industrial and record data center orders), improved margins and robust operating/free cash flow, supporting sustainability of growth and buybacks. Analog Devices Reports Fiscal First Quarter 2026 Financial Results
• Neutral Sentiment: Short-interest data is noisy/odd — reports show a reported short interest anomaly (zero shares / NaN changes), which appears to be a data artifact and is not a meaningful market driver today.
• Negative Sentiment: Insider selling and institutional repositioning noted — reports highlight significant insider sales activity and mixed institutional flows (some large sells from a few institutions), which could be a cautionary signal for longer-term holder behavior. Analog Devices jumps as earnings beat and upbeat outlook signal strengthening demand

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.