Analog Devices, Inc. (NASDAQ:ADI) ranks among the best slow growth stocks to invest in. On November 26, Benchmark reaffirmed its Buy rating on Analog Devices, Inc. (NASDAQ:ADI), maintaining its price target of $285 in light of the company’s fourth-quarter results. The semiconductor company announced quarterly results that modestly exceeded projections, with performance exceeding guidance in all market segments. ADI’s fourth-quarter revenue exceeded projections of $3.01 billion, coming in at $3.08 billion ...

Core Insights - Analog Devices, Inc. (ADI) is recognized as one of the 13 most undervalued dividend stocks according to Wall Street analysts [1] - ADI has formed a strategic partnership with ASE Technology Holding Co. in Penang, Malaysia, which includes a binding Memorandum of Understanding for ASE to acquire 100% equity in Analog Devices Sdn. Bhd. [3] - The collaboration aims to enhance the capabilities and capacity of ADI's manufacturing facility in Penang, thereby strengthening its technology offerings and supply chain resilience [4] Company Overview - Analog Devices, Inc. designs and produces integrated circuits (ICs), software, and subsystems that process real-world data across various industries, including automotive, communications, healthcare, and industrial automation [2] Strategic Partnership Details - The partnership involves ASE acquiring ADI's manufacturing facility in Penang and establishing a long-term supply agreement for manufacturing services [3] - Both companies plan to jointly invest in developing and upgrading the capabilities of the Penang facility [4] - The collaboration is expected to foster growth in technology and manufacturing while providing continued career opportunities for employees [4]

Core Insights - Analog Devices, Inc. (ADI) is a leading global semiconductor company with a market cap of $119.5 billion, specializing in integrated circuits, software, and subsystems for various applications [1] - The company is expected to announce its fiscal fourth-quarter earnings for 2025 on November 25, with analysts predicting a profit of $2.22 per share, a 32.9% increase from the previous year [2] Financial Performance - For the full fiscal year 2025, analysts anticipate ADI will report an EPS of $7.75, reflecting a 21.5% increase from $6.38 in fiscal 2024, with further growth expected to $9.30 in fiscal 2026 [3] - In the previous quarter, ADI reported an adjusted EPS of $2.05, exceeding expectations, with revenue of $2.9 billion, also surpassing forecasts [5] Stock Performance - Over the past 52 weeks, ADI's stock has increased by 5.6%, underperforming the S&P 500 Index's 18.4% gains and the Technology Select Sector SPDR Fund's 29.8% gains [4] - Analysts maintain a "Moderate Buy" rating for ADI stock, with 21 out of 33 analysts recommending a "Strong Buy" and an average price target of $276.50, indicating a potential upside of 13.8% [6]