Analog Devices, Inc. Expected to Post Q2 2026 Earnings of $2.24 Per Share (NASDAQ:ADI)

Analog Devices, Inc. (NASDAQ:ADI) – Zacks Research reduced their Q2 2026 earnings estimates for shares of Analog Devices in a research report issued to clients and investors on Wednesday, September 11th. Zacks Research analyst R. Department now forecasts that the semiconductor company will earn $2.24 per share for the quarter, down from their prior estimate of $2.38. The consensus estimate for Analog Devices’ current full-year earnings is $6.33 per share. Zacks Research also issued estimates for Analog Devices’ FY2026 earnings at $9.21 EPS.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 21st. The semiconductor company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.08. Analog Devices had a net margin of 17.07% and a return on equity of 9.47%. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the prior year, the firm posted $2.49 earnings per share. The business’s quarterly revenue was down 24.8% compared to the same quarter last year.

A number of other equities research analysts have also recently commented on the stock. Susquehanna raised their price target on shares of Analog Devices from $230.00 to $280.00 and gave the stock a “positive” rating in a report on Thursday, May 23rd. Morgan Stanley increased their price target on Analog Devices from $250.00 to $257.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Citigroup raised their price objective on Analog Devices from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Bank of America lowered their target price on Analog Devices from $260.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday, August 22nd. Finally, UBS Group lifted their price target on shares of Analog Devices from $225.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, May 23rd. Six analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $251.45.

Analog Devices Stock Performance

Shares of ADI stock opened at $225.35 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.69 and a debt-to-equity ratio of 0.19. Analog Devices has a 52 week low of $154.99 and a 52 week high of $244.14. The firm has a 50 day moving average of $224.35 and a 200-day moving average of $215.68. The company has a market cap of $111.82 billion, a price-to-earnings ratio of 52.65, a price-to-earnings-growth ratio of 3.74 and a beta of 1.07.

Institutional Investors Weigh In On Analog Devices

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Heritage Wealth Management Inc. bought a new position in Analog Devices during the second quarter worth about $2,716,000. Sanctuary Advisors LLC bought a new position in Analog Devices in the 2nd quarter worth approximately $17,270,000. Pensioenfonds Rail & OV grew its stake in Analog Devices by 11.6% in the 2nd quarter. Pensioenfonds Rail & OV now owns 246,311 shares of the semiconductor company’s stock valued at $56,223,000 after buying an additional 25,556 shares in the last quarter. New Century Financial Group LLC purchased a new position in Analog Devices in the 2nd quarter valued at approximately $208,000. Finally, 3Chopt Investment Partners LLC bought a new stake in Analog Devices during the 2nd quarter valued at $414,000. 86.81% of the stock is currently owned by institutional investors.

Insider Transactions at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $228.69, for a total value of $2,286,900.00. Following the transaction, the chief executive officer now directly owns 51,039 shares of the company’s stock, valued at approximately $11,672,108.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Analog Devices news, Director Edward H. Frank sold 995 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $234.31, for a total value of $233,138.45. Following the completion of the sale, the director now directly owns 3,753 shares of the company’s stock, valued at $879,365.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $228.69, for a total value of $2,286,900.00. Following the transaction, the chief executive officer now directly owns 51,039 shares in the company, valued at approximately $11,672,108.91. The disclosure for this sale can be found here. Insiders have sold 31,495 shares of company stock worth $7,181,458 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 1.63%. The ex-dividend date was Tuesday, September 3rd. Analog Devices’s dividend payout ratio is presently 85.98%.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.