17 stories mentioning ADI
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Ray Stata, Director, on June 10, 2026, sold 1,416 shares in Analog Devices (ADI) for $563,722. Following the Form 4 filing with the SEC, Stata has control over a total of 770,980 common shares of the company, with 118,759 shares held directly and 652,221 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/6281/000090072926000010/xslF345X05/wk-form4_1781297078.xml
Analog Devices (ADI) delivered another solid quarter even amid a high bar, and its July quarter outlook implies a ninth consecutive above-seasonal quarter, Morgan Stanley said in a note Thursday following the company's fiscal Q2 results Wednesday.The investment firm said that since Analog Devices' results were backed by both "cyclical broadening and secular momentum," it expects the company to keep outpacing competitors.Morgan Stanley said that 30% of Analog Devices' revenue is backed by "accelerated growth drivers in data center power, data center optical, automated test equipment, and aerospace/defense," while the other 70%, similar to rivals, will likely see an inventory recovery.Meanwhile, the investment firm said that Analog Devices' planned $1.5 billion acquisition of Empower Semiconductor is "perhaps a test." "Organic growth is generally preferable to inorganic, but given the importance of AI power we think it could prove to be a significant positive," the note said.Morgan Stanley lifted Analog Devices' price target to $428 from $373, while reiterating the company's overweight rating.Price: $384.86, Change: $-13.19, Percent Change: -3.31%
Hasbro (HAS) reported a Q1 operating loss for the consumer products division on Wednesday amid largely flat sales, even as the toymaker delivered stronger-than-expected results at the consolidated level.Shares dropped 7%, with intraday trading volume rising to over 3.2 million from a daily average of about 1.7 million.Analog Devices (ADI) shares dropped nearly 6% after the company reported fiscal Q2 results on Wednesday.Intraday trading volume rose to more than 5.9 million from the stock's daily average of about 3.7 million.Price: $90.69, Change: $-6.50, Percent Change: -6.68%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target to $435 from $380 on a P/E of 30x our CY 27 EPS view, above the historical average to reflect ADI's more attractive content growth story. After posting better-than-expected Apr-Q results and guidance, we raise our FY 26 EPS estimate to $12.30 from $11.23 and FY 27's to $14.38 from $12.60. We believe that ADI is capitalizing on explosive growth in AI-driven data centers, with its power and optical solutions expected to be the fastest-growing business again in the Jul-Q. ADI's strategic acquisition of Empower Semiconductor and silicon capacitor technology, which is designed to solve power density bottlenecks for AI accelerators, positions ADI as a key partner to hyperscalers. Secular trends in industrial automation, factory onshoring, and electrification provide a durable growth runway for ADI's most profitable segment. Automotive should see improving content growth from AVs and EVs, insulating it from flat auto unit production and offering greater diversification across a host of end-markets.
All three major US stock indexes were up in late-morning trading Wednesday, a day after a jump in long-dated US Treasury yields caused equities to retreat, and ahead of Nvidia's (NVDA) highly anticipated earnings results in the afternoon.In company news, Target (TGT) reported fiscal Q1 adjusted earnings of $1.71 per diluted share, up from $1.30 a year earlier and above the FactSet consensus analyst estimate of $1.47. Fiscal Q1 net sales were $25.44 billion, up from $23.85 billion a year ago and above the FactSet consensus of $24.66 billion. For fiscal 2026, the company said it expects adjusted EPS to be near the high end of its prior guidance range of $7.50 to $8.50, compared to the FactSet consensus of $8.12. Full-year net sales are projected to grow around 4% from 2025, up from its prior guidance of 2% growth. Analysts expect net sales of $107.15 billion. Target shares were down 4.4% around midday.Intuit (INTU) is laying off about 17% of its global workforce, or roughly 3,000 workers, Reuters reported, citing an internal memo. The company also plans to close its Reno and woodland Hills offices, the report said. Intuit shares were down 3.5%.TJX (TJX) reported fiscal Q1 earnings Wednesday of $1.19 per diluted share, up from $0.92 a year earlier and above the FactSet consensus of $1.02. Fiscal Q1 net sales were $14.32 billion, up from $13.11 billion a year earlier and above the FactSet consensus of $14.02 billion. For fiscal Q2, the firm said it expects EPS of $1.15 to $1.17, compared with the consensus of $1.17. TJX expects comparable sales to grow 2% to 3% in fiscal Q2. For fiscal 2027, the company expects EPS of $5.08 to $5.15, up from its prior guidance of $4.93 to $5.02, and compared with the consensus of $5.13. Full-year comparable sales are expected to grow 3% to 4%, up from 2% to 3% previously. TJX shares were up 6%.Lowe's (LOW) reported fiscal Q1 adjusted earnings of $3.03 per diluted share, up 3.8% from a year earlier and above the FactSet consensus of $2.97. Fiscal Q1 net sales were $23.08 billion, up from $20.93 billion a year ago and above the consensus of $22.98 billion. Shares were down 0.4%.Analog Devices (ADI) reported fiscal Q2 adjusted earnings of $3.09 per diluted share, up from $1.85 a year earlier and above the FactSet consensus of $2.88. Fiscal Q2 revenue was $3.62 billion, up from $2.64 billion a year ago and above the FactSet consensus of $3.51 billion. For fiscal Q3, the firm expects adjusted EPS of $3.30, plus or minus $0.15, above the consensus of $2.99. Fiscal Q3 revenue is expected to be $3.9 billion, plus or minus $100 million, above the FactSet consensus of $3.61 billion. Analog Devices shares were down 5.8%.Price: $225.58, Change: $+4.97, Percent Change: +2.25%
(Updates with the latest stock movement in the first paragraph and headline.)Analog Devices (ADI) shares were down about 4.5% in Wednesday trading after the company reported fiscal Q2 results.The company reported fiscal Q2 adjusted earnings of $3.09 per diluted share, up from $1.85 a year earlier.Analysts surveyed by FactSet expected $2.88.Revenue for the quarter ended May 2 was $3.62 billion, compared with $2.64 billion a year earlier.Analysts polled by FactSet expected $3.51 billion.For fiscal Q3, adjusted EPS is projected to be $3.30, plus or minus $0.15. Analysts surveyed by FactSet expect $2.99.Revenue for the fiscal quarter is expected to be $3.9 billion, plus or minus $100 million. Analysts polled by FactSet expect $3.61 billion.Price: $395.54, Change: $-18.77, Percent Change: -4.53%
US equity futures were edging higher pre-bell Wednesday as traders anticipated Nvidia's (NVDA) fiscal Q1 financial results, expected after the closing bell, amid share gains in the broader chip sector.Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were 0.7% higher.Investors look forward to Nvidia's earnings for key information on trends in artificial intelligence and the demand for chips. The company's stock was up 1.6% in premarket activity.Traders digested the latest round of earnings, with Analog Devices (ADI) posting higher fiscal Q2 adjusted earnings and revenue.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 3.9% at $107.67 per barrel and US West Texas Intermediate crude 3.3% lower at $100.96 per barrel.The Atlanta Fed Business Inflation Expectations survey for May is scheduled for release at 10 am ET. The Federal Reserve will release the minutes of its most recent policy meeting at 2 pm.Fed Governor Michael Barr is slated to speak on Wednesday.In other world markets, Japan's Nikkei closed 1.2% lower, Hong Kong's Hang Seng ended 0.6% lower, and China's Shanghai Composite finished 0.2% lower. Meanwhile, the UK's FTSE 100 was up 0.3%, and Germany's DAX index was 0.5% higher in Europe's early afternoon session.In equities, gains of major chip firms AMD (AMD), Micron Technology (MU), and Intel (INTC) helped propel the wider semiconductor sector. AMD stock was up 2.4%, Micron shares rose 3.8%, and Intel stock was up 4.8%.On the losing side, Lowe's (LOW) stock was down 1.2% despite reporting higher fiscal Q1 adjusted earnings and sales. Energy firms Exxon Mobil (XOM), BP (BP), and Equinor (EQNR) saw their stocks drop as oil prices declined. Exxon Mobil shares were down 0.9%, BP stock fell 1.1%, and Equinor shares were down 1.6%.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ADI posted Apr-Q revenue growth of 37% to $3.623B vs. our 27% forecast, with EPS of $3.09 (+67% Y/Y) exceeding the $2.91 expectation as operating margin expanded 780 bps to 49.0%. Industrial segment led with +56% growth to $1.799B (50% of revenue) while Communications surged 79% to $555M, reflecting broad-based recovery. Strong performance validates ADI's positioning in secular growth areas including AI infrastructure, factory automation, and electrification, with robust bookings across automation, robotics, and industrial IoT applications. Jul-Q guidance of $3.9B revenue and $3.30 EPS significantly exceeds expectations of $3.6B and $3.01. We believe the cyclical recovery shows sustainable momentum with clear operational leverage, as gross margin expanded 360 bps to 73.0% due to improved utilization and a focus on higher-value solutions. With diverse end-market exposure and disciplined short lead times providing resilience, we expect continued strong performance as demand broadens across ADI's portfolio.
US equity futures were higher pre-bell Wednesday as traders anticipated Nvidia's (NVDA) fiscal Q1 financial results, expected after the closing bell, amid share gains in the broader chip sector.Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were up 0.4%, and Nasdaq futures were 0.7% higher.Investors look forward to Nvidia's earnings for key information on trends in artificial intelligence and the demand for chips. The company's stock rose 1.5% in premarket activity.Traders digested the latest round of earnings, with Analog Devices (ADI) posting higher fiscal Q2 adjusted earnings and revenue.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 2% at $109.06 per barrel and US West Texas Intermediate crude 1.8% lower at $102.33 per barrel.The Atlanta Fed Business Inflation Expectations survey for May is scheduled for release at 10 am ET. The Federal Reserve releases minutes of its most-recent policy meeting at 2 pm.Fed Governor Michael Barr is slated to speak on Wednesday.
The main US stock measures were pointing higher in Wednesday's premarket activity as traders await tech bellwether Nvidia's (NVDA) latest financial results and minutes of the Federal Reserve's last policy meeting.The S&P 500 rose 0.4%, the Dow Jones Industrial Average edged up 0.1% and the Nasdaq added 0.7% before the opening bell. The indexes finished Tuesday trading lower, with the Nasdaq and S&P 500 recording losses for a third consecutive session.Shares of Nvidia increased 1.8% pre-bell, with the chipmaker scheduled to report its fiscal first-quarter results after the markets close. The current consensus on FactSet is for the company to report non-GAAP earnings of $1.75 per share and revenue of $78.91 billion for the quarter.Nvidia's sales are expected to outperform market projections, with potential for "enhanced" cash returns likely to be among the key areas of focus, BofA Securities said in a note e-mailed Tuesday.The Fed is scheduled to post minutes of its last policy meeting at 2 pm, which will be assessed for fresh insight on the central bank's monetary policy. Last month, the central bank held interest rates steady, saying the Middle East war is fueling uncertainty around the US economic outlook.Markets widely expect the Fed to keep its benchmark lending rate unchanged at its next policy meeting in June, according to the CME FedWatch tool.Treasury yields were down before the open, with the two-year rate retreating 3.3 basis points to 4.09% and the 10-year rate declining 1.8 basis points to 5.16%.President Donald Trump reportedly said Tuesday that the US may need to resume military strikes against Iran. Earlier in the week, Trump said the US postponed a planned attack on Tehran after leaders of Saudi Arabia, Qatar and the United Arab Emirates urged restraint amid "serious" ongoing negotiations.West Texas Intermediate crude oil decreased 1.9% to $102.17 a barrel in premarket action, while Brent dropped 2% to $109.02.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am, followed by the EIA domestic petroleum inventories report at 10:30 am. Fed Governor Michael Barr is slated to speak at 9:15 am.Analog Devices (ADI), TJX (TJX), Lowe's (LOW), Target (TGT) and Hasbro (HAS) are expected to post their earnings before the bell, among others. Intuit (INTU), Nordson (NDSN) and Urban Outfitters (URBN) release their results after the markets close.Gold nudged 0.4% lower to $4,493 per troy ounce, while bitcoin gained 0.9% to $77,457.
Technology stocks were declining premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.9% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.5% lower.Agilysys (AGYS) shares were up more than 25% after the company reported higher fiscal Q4 earnings and sales that also topped market expectations.Bilibili (BILI) stock was down more than 6% even after the company posted higher Q1 adjusted net profit and net revenue.Analog Devices (ADI) is in advanced discussions to acquire closely held startup Empower Semiconductor for about $1.5 billion in cash, multiple news outlets reported, citing unnamed sources familiar with the matter. Analog Devices shares were down more than 1% pre-bell.
US equity futures were lower pre-bell Monday as tensions remain high in the Middle East after the UAE and Saudi Arabia reported fresh drone incidents on Sunday, raising traders' concerns around a return to hostilities in the region.Dow Jones Industrial Average futures were 0.3% lower, S&P 500 futures were down 0.2%, and Nasdaq futures were 0.1% lower.The UAE defense ministry said that a drone attack from the "western border" had caused a fire at a nuclear plant, while Saudi Arabia reported intercepting three drones that entered from the airspace of Iraq.President Donald Trump in a post on Truth Social urged Iran to "get moving" with regard to ending the conflict. "For Iran, the Clock is Ticking, and they better get moving, FAST, or there won't be anything left of them," he said.Among the companies reporting financial results this week are Home Depot (HD), Nvidia (NVDA), Analog Devices (ADI), and Walmart (WMT).Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.7% at $108.66 per barrel and US West Texas Intermediate crude 0.8% lower at $100.25 per barrel.The May US housing market index, slated for 10 am ET, is seen coming in at 34, unchanged from the prior month, according to estimates compiled by Bloomberg.Cheryl Venable, interim president of the Federal Reserve Bank of Atlanta, is slated to speak on Monday.In other world markets, Japan's Nikkei closed 1% lower, Hong Kong's Hang Seng ended 1.1% lower, and China's Shanghai Composite finished 0.1% lower. Meanwhile, the UK's FTSE 100 was up 0.5%, and Germany's DAX index was 0.8% higher in Europe's early afternoon session.In equities, Dominion Energy (D) shares jumped 15% after the company and NextEra Energy (NEE) said they agreed to combine in an all-stock deal. ServiceNow (NOW) stock was up 5.1% after the company and Experian said they launched a multiyear partnership on autonomous AI agents across various platforms. Baidu (BIDU) shares were up 4.2% after the company posted Q1 non-GAAP earnings and revenue that surpassed analysts' consensus.On the losing side, Tesla (TSLA) stock was down 0.9% after the company reportedly raised prices for several Tesla Model Y variants in the US, media outlets reported Saturday. Regeneron Pharmaceuticals (REGN) shares were 12% lower after the company said its phase 3 skin cancer trial evaluating two dose levels of fianlimab in combination with cemiplimab failed to meet a primary endpoint. NextEra Energy stock was down 1.3% after the merger with Dominion Energy was announced.
US equity futures were lower pre-bell Monday as tensions remain high in the Middle East after the UAE and Saudi Arabia reported fresh drone incidents on Sunday, raising traders' concerns around a return to hostilities in the region.Dow Jones Industrial Average futures were 0.7% lower, S&P 500 futures were down 0.4%, and Nasdaq futures were 0.4% lower.The UAE defense ministry said that a drone attack from the "western border" had caused a fire at a nuclear plant, while Saudi Arabia reported intercepting three drones that entered from the airspace of Iraq.President Donald Trump in a post on Truth Social urged Iran to "get moving" with regard to ending the conflict. "For Iran, the Clock is Ticking, and they better get moving, FAST, or there won't be anything left of them," he said.Among the companies reporting financial results this week are Home Depot (HD), Nvidia (NVDA), Analog Devices (ADI), and Walmart (WMT).Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.2% at $109.12 per barrel and US West Texas Intermediate crude 0.3% lower at $100.77 per barrel.The May US housing market index, slated for 10 am ET, is seen coming in at 34, unchanged from the prior month, according to estimates compiled by Bloomberg.Cheryl Venable, interim president of the Federal Reserve Bank of Atlanta, is slated to speak on Monday.
Vincent Roche, Director, Chair and Chief Executive Officer, on May 01, 2026, sold 10,000 shares in Analog Devices (ADI) for $3,979,100. Following the Form 4 filing with the SEC, Roche has control over a total of 211,053 common shares of the company, with 187,538 shares held directly and 23,515 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/6281/000120187226000011/xslF345X05/wk-form4_1777933351.xml
Analog Devices (ADI) has an average rating of overweight and mean price target of $400.82, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $388.91, Change: $-3.68, Percent Change: -0.94%
The demand environment for semiconductor stocks is mixed, with relative strength in data centers and artificial intelligence, offset by sluggishness in traditional automotive and consumer sectors, BofA Securities analysts said in a Monday note.Analysts said they prefer companies with strong free cash flow generation. Their top pick amongst large-cap companies in the sector is Analog Devices (ADI), while the top pick in small-to-medium caps is MACOM Technology Solutions (MTSI).BofA upgraded its ON Semiconductor rating to buy from neutral and increased its price target to $85 from $70. Analysts highlighted the stock's pipeline, "solid" free cash flow, buyback commitment, model leverage, and low balance sheet leverage.On NXP Semiconductors (NXPI), analysts downgraded the rating to neutral from buy and lowered its price target to $230 from $245, noting that the stock is "less compelling" compared to its peers in a tougher environment for analog.BofA retained its buy rating on Analog Devices and raised its price target to $425 from $400 to account for growth in core secular growth areas, such as artificial intelligence.Analysts also retained a buy rating on MACOM Technology Solutions and raised its price target to $305 from $260 due to its ongoing momentum in the optics industry.Price: $70.19, Change: $+1.54, Percent Change: +2.24%
Analog Devices (ADI) has an average rating of buy and mean price target of $394.21, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $345.51, Change: $-4.63, Percent Change: -1.32%