Analog Devices(ADI)

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Has Analog Devices (ADI) Outpaced Other Computer and Technology Stocks This Year?
ZACKS· 2025-05-28 14:46
Group 1 - Analog Devices (ADI) is outperforming its sector with a year-to-date return of 2.1%, while the average return for Computer and Technology companies is -1.3% [4] - The Zacks Rank for Analog Devices is 2 (Buy), indicating a positive earnings outlook with a 2.8% increase in the consensus estimate for full-year earnings over the past quarter [3] - Analog Devices belongs to the Semiconductor - Analog and Mixed industry, which has an average loss of 2.7% year-to-date, further highlighting ADI's strong performance within its specific industry [5] Group 2 - American Superconductor (AMSC) has a year-to-date return of 11.2%, outperforming the Computer and Technology sector [4] - The consensus estimate for AMSC's current year EPS has increased by 2.5% over the past three months, and it also holds a Zacks Rank of 2 (Buy) [5] - The Electronics - Miscellaneous Components industry, to which AMSC belongs, has moved up by 1.1% year-to-date, ranking 81 among 26 stocks [6]
ADI、MPS、Skyworks…近期热门芯片盘点!
芯世相· 2025-05-27 06:07
Core Viewpoint - The current spot market for chips has cooled down compared to last month, with many previously hot models experiencing a decline in demand and prices. However, there remains active demand for storage and analog chips from various brands, presenting market opportunities [3]. Group 1: Upcoming Product Changes - The eMMC chip KLM4G1FETE-B041 is set to be discontinued, with its price rising from approximately 15 yuan to around 30 yuan since May. The last order date is June 30, 2025, and the final shipment date is March 31, 2026 [6][4]. Group 2: Price Trends of Key Components - The LTM4644IY / LTM4644IYPBF voltage regulator has seen a significant drop in demand, with prices falling from 450 yuan in April to about 360 yuan currently [11][10]. - The STM32F103C8T6 MCU remains popular but has experienced a price decline from around 5.5 yuan in April to between 4 and 4.5 yuan this month [14][15]. - The MP9943GQ-Z chip has seen increased demand, with prices rising to approximately 3.5 yuan, surpassing last year's levels [20][19]. - The DDR4 chip H9HCNNNBKMMLXR-NEE has seen a price increase from around 30 yuan to approximately 45 yuan, attributed to reduced production from suppliers [24][23]. - The SE5004L-R RF amplifier has experienced a price surge from about 15 yuan to around 50 yuan, with some quotes exceeding 60 yuan due to high demand and limited supply [26][25]. - The ADL5561ACPZ-R7 amplifier has seen a price decrease from over 60 yuan at the beginning of the year to around 50 yuan [28][27].
Analog Devices (ADI) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-05-26 17:05
Core Viewpoint - Analog Devices (ADI) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often adjust their valuations based on changes in earnings estimates, leading to buying or selling actions that affect stock prices [4]. Company Performance Indicators - For the fiscal year ending October 2025, Analog Devices is projected to earn $7.26 per share, reflecting a year-over-year increase of 13.8% [8]. - Over the past three months, the Zacks Consensus Estimate for Analog Devices has risen by 2.1%, indicating a positive trend in earnings expectations [8]. Zacks Rank System Overview - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - The upgrade of Analog Devices to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
亚德诺(ADI.US)绩后大摩唱多:宏观不确定性下表现仍强劲 运营利润率改善趋势明显
智通财经网· 2025-05-26 12:44
Core Viewpoint - Analog Devices, Inc. (ADI) reported better-than-expected Q2 results and provided optimistic guidance for Q3, reflecting strong performance in the analog chip and MCU sectors [1][2]. Financial Performance - Q2 revenue reached $2.64 billion, exceeding market consensus of $2.51 billion and Morgan Stanley's estimate of $2.50 billion, with a quarter-over-quarter growth of 8.9% and year-over-year growth of 22.3% [1][2]. - Adjusted gross margin was 69.4%, surpassing market consensus of 68.6% and Morgan Stanley's estimate of 69.1% [1]. - Adjusted earnings per share (EPS) were $1.85, higher than the market consensus of $1.69 and Morgan Stanley's estimate of $1.70 [1]. Segment Performance - Revenue breakdown for Q2 included: - Industrial: $1.16 billion, slightly above estimates [2]. - Automotive: $849.5 million, exceeding estimates by 13% [2]. - Consumer: $317.8 million, in line with expectations [2]. - Communications: $315.1 million, exceeding estimates by 11% [2]. Q3 Guidance - For Q3, ADI expects revenue of $2.75 billion, above market consensus of $2.60 billion and Morgan Stanley's estimate of $2.60 billion [2]. - Expected adjusted EPS for Q3 is $1.92, higher than market consensus of $1.79 and Morgan Stanley's estimate of $1.86 [2]. Long-term Outlook - Morgan Stanley raised revenue and margin forecasts for FY2025 and FY2026, reflecting increased confidence in cyclical recovery [3]. - The company anticipates strong performance across all end markets and regions, with industrial demand expected to align better with supply in Q3 [3]. - ADI's management acknowledged the impact of customer pull-ins, particularly in the automotive sector, contributing significantly to Q2 revenue outperformance [3]. Operational Efficiency - ADI's operational leverage is expected to normalize in the second half of FY2025, setting a solid foundation for FY2026 [4]. - The company has maintained an operating profit margin above 40% since Q2 FY2024, with guidance for Q3 FY2025 at 41.5% [4]. - Inventory management and communication with distributors have improved, supporting operational leverage [4]. Market Position - Despite a high valuation, ADI's stable performance amidst macroeconomic uncertainty positions it as a defensive play in the analog chip sector [5]. - Morgan Stanley maintains a positive outlook on the analog chip industry, believing it is in a recovery phase after hitting a bottom [5]. - ADI is viewed as the most defensive stock in the analog chip/MCU sector due to its strong balance sheet and effective supply-demand management [5].
【太平洋科技-每日观点&资讯】(2025-05-26)
远峰电子· 2025-05-25 12:00
Market Performance - The main board led the gains with notable increases in stocks such as Geer Software (+10.01%), Xuguang Electronics (+8.33%), and Baoming Technology (+8.03) [1] - The ChiNext board saw significant growth with Dongtu Technology (+13.22%) and Fulede (+10.67%) leading the charge [1] - The Sci-Tech Innovation board also performed well, with Yinghantong (+8.09%) and Pinggao Co. (+7.26%) showing strong increases [1] - Active sub-industries included SW Other Communication Equipment (+2.71%) and SW Electronic Chemicals III (+0.06%) [1] Domestic News - Zhuzhou CRRC announced the construction of its third phase project, expected to start in November 2024, with production line operations anticipated by the end of 2025, focusing on 8-inch SiC wafers [1] - Guokemicro is planning to acquire a company engaged in specialty semiconductor wafer foundry and customized chip manufacturing through a share issuance and cash payment [1] - Lenovo reported a 23% increase in sales for Q4 FY2025, reaching approximately $17 billion, but net profit plummeted 64% to about $9 million, reflecting losses in derivative business and pricing pressures in the PC market [1] - Tianyue Advanced is advancing its expansion plan for 8-inch silicon carbide substrates at its Shanghai Lingang factory, with a phased approach to reach planned capacity [1] Company Announcements - Shengshi Technology announced the acquisition of three invention patents focused on security and customs clearance, applicable in airports, ports, and train stations [2] - Fujida declared a cash dividend of 1 yuan per 10 shares, totaling 18.77 million yuan based on a total share capital of 187,728,000 shares [2] - Luwei Optoelectronics announced a cash dividend of 3.00 yuan per 10 shares for the 2024 fiscal year [2] - Shiji Hengtong disclosed a pre-announcement of share reduction by a major shareholder, with a maximum of 1,953,966 shares (2.00% of total shares) to be reduced [2] Industry Developments - Meta is developing a new generation of smart glasses, expected to commercialize by 2026, enhancing the Live AI system's capabilities, particularly in facial recognition [3] - The South Korean government expressed concerns over potential U.S. tariffs on imported chips, warning of negative impacts on Korean investments in the U.S. and the complementary relationship between the two countries in the semiconductor industry [3] - ADI reported better-than-expected performance for Q2 FY2025, benefiting from a rebound in automotive and industrial demand, and raised its operational outlook [3] - In the flash memory market, some original manufacturers are facing delays in fulfilling DDR4 orders, with demand remaining strong as customers seek to secure supply [3]
Analog Devices: Don't Jump On Conclusions From Recent Earnings (Rating Upgrade)
Seeking Alpha· 2025-05-24 12:34
Core Insights - The article discusses the expertise of Vladimir Dimitrov, CFA, who has a background in brand and intangible assets valuation, particularly in the technology, telecom, and banking sectors [1]. Group 1 - Vladimir Dimitrov has worked with some of the largest global brands during his career in London [1]. - He graduated from the London School of Economics and focuses on identifying reasonably priced businesses with sustainable long-term competitive advantages [1].
Analog Devices to Participate in Bernstein Strategic Decisions Conference
Prnewswire· 2025-05-23 20:00
Core Viewpoint - Analog Devices, Inc. will participate in the Bernstein 41st Annual Strategic Decisions Conference, where the Executive Vice President & Chief Financial Officer will discuss business topics and trends [1] Company Overview - Analog Devices, Inc. is a global semiconductor leader with a revenue exceeding $9 billion in FY24 and approximately 24,000 employees worldwide [3] - The company focuses on bridging the physical and digital worlds, enabling advancements in various sectors including digitized factories, mobility, and digital healthcare [3]
Analog Devices Powers Past Estimates, But Shares Cool As Q2 Beat Masks Margin Pressure
Benzinga· 2025-05-23 19:17
Core Viewpoint - Analog Devices, Inc. reported strong fiscal second-quarter results, with revenue and adjusted EPS exceeding analyst expectations, leading to a reevaluation of the company's stock by Wall Street analysts [1][2]. Financial Performance - The company's quarterly revenue increased by 22% to $2.64 billion, surpassing the analyst consensus estimate of $2.51 billion [1]. - Adjusted EPS was reported at $1.85, beating the analyst consensus estimate of $1.70 [1]. - For fiscal third-quarter 2025, Analog Devices expects revenue between $2.65 billion and $2.85 billion, above the analyst consensus estimate of $2.62 billion [2]. Market Trends - There is a cyclical recovery in the industrial sector, with all sub-segments and geographies showing quarter-over-quarter growth [3]. - The automotive sector experienced a 16% quarter-over-quarter growth, driven by tariff pull-ins in North America and Europe [7]. - Industrial revenue increased by 8% quarter-over-quarter and is projected to grow another 10% in the third quarter [7]. Operational Insights - The book-to-bill ratio was greater than 1.0, indicating a positive order flow, while inventory levels remain lean [4]. - Gross margins returned to approximately 70% during the quarter, although operating margins may face pressure from increased variable compensation and salary expenses [4][8]. Analyst Ratings and Price Targets - Analysts have varied ratings, with Cantor Fitzgerald maintaining a Neutral rating and a $250 price target, while Benchmark lowered its price target from $275 to $260 despite maintaining a Buy rating [10]. - JP Morgan has an Overweight rating with a price target of $300, reflecting confidence in the company's growth potential [10]. Growth Drivers - The company is expected to benefit from AI-related markets, projected to grow 20%-25% year-over-year in fiscal 2025, and strength in aerospace and defense, which is tracking to $1 billion in annualized revenues for the July quarter [11]. - The automotive sector's sell-through and orders increased by 20% quarter-over-quarter following the announcement of a 25% auto tariff, although this demand pull-forward may impact second-half seasonal trends [12].
Why Analog Devices Stock Fell by More Than 4% Today
The Motley Fool· 2025-05-22 21:06
Core Insights - Analog Devices (ADI) reported strong quarterly earnings, with revenue of $2.64 billion, a 22% increase year over year, and net income nearly doubling to just under $570 million, reflecting robust performance despite market concerns [2][4] - The stock price fell over 4% following the earnings report, attributed to investor worries about the impact of ongoing tariff wars on the company's fundamentals [1][4] Financial Performance - For fiscal Q2 2025, Analog Devices achieved revenue of $2.64 billion, surpassing analyst expectations of $2.51 billion [2][4] - Net income grew by almost 89% to just under $570 million, with adjusted earnings per share rising to $1.85 from $1.40 in the same period of fiscal 2024, exceeding the consensus estimate of $1.70 [2][4] Business Segments - The automotive systems segment generated nearly $850 million in revenue, growing by 24% year over year, partly due to increased demand linked to anticipated tariffs [5][6] - The personal electronics segment also experienced similar demand fluctuations, raising concerns about the sustainability of this growth [6] Future Outlook - The company provided guidance for the third fiscal quarter, projecting revenue between $2.65 billion and $2.85 billion, with adjusted net income expected to be between $1.82 and $2.02 per share [7] - Analysts' average estimates for the upcoming quarter are $2.62 billion in revenue and $1.82 per share for adjusted profitability [7]
Analog Devices Q2 Earnings Top Forecasts
The Motley Fool· 2025-05-22 19:27
Core Insights - Analog Devices, Inc. reported Q2 FY2025 earnings with revenue of $2.64 billion, reflecting a 22% year-over-year increase and a 9% sequential growth, alongside a non-GAAP EPS of $1.85, exceeding guidance expectations [1] Group 1: Financial Performance - The company anticipates Q3 FY2025 revenue of $2.75 billion (+/- $100 million) and aims to achieve long-term margin and free cash flow targets [2] - Operating margin (non-GAAP) reached 41.2%, with gross margin (non-GAAP) climbing to 69.4% (+60bps sequentially) [7] - Adjusted EPS for Q3 FY2025 is projected at $1.92 (+/- $0.10) [10] Group 2: Supply Chain and Manufacturing - Recent capital expenditures have significantly increased manufacturing capacity, now exceeding twice pre-pandemic levels, enhancing geographic flexibility [3] - The company has cross-qualified a substantial portion of its product portfolio, allowing for rapid production shifts across various geographies, thus reducing supply risk [4] Group 3: Market Dynamics - The industrial segment accounted for 44% of revenue, with an 8% sequential growth and a 17% year-over-year increase, driven by broad-based recovery [5] - The company has been under-shipping to the industrial segment, creating pent-up demand as customer inventories remain constrained [6] Group 4: Strategic Outlook - Management emphasizes ongoing investments in R&D, particularly in analog, power management, digital, and software capabilities, aligning operational expenditures with innovation priorities [8] - The company reaffirms confidence that FY2024 marked the revenue trough, citing lean channel inventories and increasing backlog [10]