Analog Devices (ADI) shares have soared 29% over the past year, outperforming the Zacks Semiconductor - Analog and Mixed industry's return of 24.7%. This outperformance reflects the benefits of its portfolio strength and strategic partnerships, which are driving its momentum across various end-markets like industrial, automotive, consumer and communications. Analog Devices' efforts to integrate artificial intelligence technology into products to deliver enhanced customer experience are a plus. Investments i ...

The latest trading session saw Analog Devices (ADI) ending at $230.14, denoting a -0.01% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.27%. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.26%. The semiconductor maker's shares have seen a decrease of 0.81% over the last month, not keeping up with the Computer and Technology sector's gain of 2.21% and the S&P 500's gain of 2%. The investment commu ...

WILMINGTON, Mass., Oct. 23, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced it will release financial results for the fourth quarter fiscal year 2024 at 7:00 a.m. Eastern time on Tuesday, November 26, 2024. Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day. Vincent Roche, Chief Executive Officer and Chair, Richard Puccio, Executive Vice President and Chief Financial Officer, and Michael Lucarelli, Vice President of Investor ...

Dividend Aristocrats are typically some of the most stable and well-known companies in the world. These companies usually offer investors a safe and growing dividend. Now most people know dividend aristocrats are companies that have increased their dividend I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a per ...

Analog Devices (ADI) announced the launch of CodeFusion Studio, a new embedded software development environment based on Microsoft’s Visual Studio code on Monday. This will be ADI’s first-ever fully integrated suite comprising software and security solutions.CodeFusion Studio uses a modern integrated development environment and command-line interface, incorporating open-source configuration and profiling tools to simplify development on multiple processors and drive efficiency and enhanced security.CodeFusi ...

CodeFusion Studio™ is available today for download on ADI's new Developer Portal (developer.analog.com) – a comprehensive resource hub, offering extensive documentation, support, partnerships and community engagement. CodeFusion Studio™ also supports the ADI Assure™ Trusted Edge Security Architecture, the company's universal hardware and software security foundation, which provides a simple and flexible way to natively implement security in Intelligent Edge devices. Together, CodeFusion Studio™, ADI Assure™ ...

Company Performance - Analog Devices (ADI) closed at $228.23, reflecting a +0.74% change from the previous trading day's closing, lagging behind the S&P 500's daily gain of 0.9% [1] - Over the last month, ADI shares increased by 3.42%, underperforming the Computer and Technology sector's gain of 5.76% and slightly outperforming the S&P 500's gain of 3.15% [1] - The upcoming earnings disclosure is expected to report EPS of $1.63, down 18.91% from the prior-year quarter, with quarterly revenue projected at $2.4 billion, down 11.58% from the year-ago period [1] Analyst Estimates - For the full year, Zacks Consensus Estimates project earnings of $6.34 per share and revenue of $9.39 billion, representing changes of -37.17% and -23.69% from the prior year, respectively [2] - Recent changes to analyst estimates reflect shifting short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance [2] Valuation Metrics - Analog Devices has a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 35.72, indicating no significant deviation from the industry average [3] - The company has a PEG ratio of 3.76, compared to the average PEG ratio of 3.2 for the Semiconductor - Analog and Mixed industry [3] Industry Context - The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 216, placing it in the bottom 15% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]

Analog Devices (ADI) closed the most recent trading day at $232.05, moving -0.18% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.13% for the day. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.39%.Heading into today, shares of the semiconductor maker had gained 0.68% over the past month, lagging the Computer and Technology sector's gain of 2.7% and the S&P 500's gain of 2.43% in that time.The inves ...

It has been about a month since the last earnings report for Analog Devices (ADI) . Shares have added about 5.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Analog Devices due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Analog Devices Q3 Earnings Beat Estimate ...

Group 1: Strategic Alliances and Partnerships - Analog Devices (ADI) has formed a strategic alliance with Tata Group to enhance the semiconductor ecosystem in India, focusing on applications such as electric vehicles and network infrastructure [1] - ADI has partnered with Honeywell to digitize commercial spaces, aiming to reduce costs and downtime without replacing existing wiring [2] - A collaboration with Flagship Pioneering is set to accelerate the development of a fully digitized biological world [2] - ADI has secured long-term wafer capacity through a partnership with Taiwan Semiconductor, which is expected to stabilize chip supply and increase output [2] - The company is also working with SambaNova Systems to deploy an enterprise-scale generative AI platform [2] Group 2: Financial Performance and Market Position - In the first half of fiscal 2024, ADI reported revenues of $4.67 billion, a decline of 36% year-over-year, attributed to softness in industrial, communications, and automotive markets [3] - For Q4 fiscal 2024, ADI anticipates revenues of $2.40 billion, representing a 4% sequential increase but an 11.4% year-over-year decline [4] - The expected non-GAAP operating margin for Q4 is 41%, with non-GAAP earnings projected at $1.63 per share, indicating an 18.9% year-over-year decline [4] Group 3: Competitive Landscape and Valuation - ADI faces significant competition from Texas Instruments, which is also integrating generative AI capabilities into its products [3] - Year-to-date, ADI shares have decreased by 12.1%, underperforming Texas Instruments, which has gained 17.7% [3] - ADI's stock is currently considered to have a stretched valuation, with a forward Price/Sales ratio of 10.86X compared to the industry's 7.78X, and it holds a Zacks Rank 3 (Hold) [5]