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Benchmark Maintains Buy Rating on Analog Devices (ADI) After Solid Q4 Results
Yahoo Finance· 2025-11-29 18:09
Group 1 - Analog Devices, Inc. (NASDAQ:ADI) is recognized as a strong slow growth stock, with Benchmark reaffirming its Buy rating and maintaining a price target of $285 following the company's fourth-quarter results [1][2] - The company's fourth-quarter revenue reached $3.08 billion, surpassing projections of $3.01 billion, and adjusted earnings per share (EPS) were $2.26, exceeding the expected $2.22 [2] - For the first quarter of fiscal 2026, Analog Devices anticipates revenue of $3.1 billion, an operating margin of 43.5%, and an expected EPS of $2.29 [2] Group 2 - Benchmark indicates that most of Analog Devices' end markets have bottomed out and are beginning to recover, setting the stage for significant growth in fiscal year 2026 [3] - Despite some concerns regarding seasonal consumer business and first-quarter automotive performance, Benchmark believes Analog Devices is well-positioned for long-term growth and cyclical recovery [3] - Analog Devices specializes in integrated circuits (ICs), software, and subsystems products, indicating a focus on technology and innovation within the semiconductor industry [4]