Analog Devices, Inc.’s Stock Price Dips to $217.37, Marking a 4.81% Drop: Is It Time to Buy?

Analog Devices, Inc. (ADI)

217.37 USD -10.98 (-4.81%) Volume: 3.89M

Analog Devices, Inc.’s stock price stands at 217.37 USD, experiencing a trading session dip of -4.81%, with a trading volume of 3.89M. Despite the session’s decline, ADI’s stock maintains a positive YTD percentage change of +2.31%, showcasing its resilience in the market.

Latest developments on Analog Devices, Inc.

Analog Devices has been making significant moves in the market recently, with a 16% rise in stock value over the past year. The company has been focusing on strategic partnerships, such as the one with Rochester Electronics to provide extended signal chain support, and the collaboration with Teradyne Robotics to accelerate the adoption of AI and advanced robotics-driven collaborative automation in manufacturing. Additionally, Analog Devices has been strengthening its board with key appointments, including Andrea F. Wainer. With the upcoming release of their first-quarter fiscal year 2025 financial results on February 19, investors are eagerly anticipating the next steps for this high-growth semiconductor stock.

Analog Devices, Inc. on Smartkarma

Analyst coverage of Analog Devices on Smartkarma has been positive, with insights from Baptista Research highlighting the company’s recent financial performance and strategic moves. In one report titled “Analog Devices Inc.: Will Its Expansion in Communications & Data Centers Be A Breakthrough Move? – Major Drivers,” the company’s fourth-quarter results showed a steady recovery from earlier challenges, with a full fiscal year revenue of $9.4 billion and an earnings per share of $6.38. Another report, “Analog Devices Inc.: Expansion in High-Performance Solutions for Industrial Applications,” discussed the company’s third quarter fiscal year 2024 financial results, emphasizing the resilience of Analog Devices‘ industrial sector amidst varying market conditions.

A look at Analog Devices, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analyst reports on Analog Devices suggest a positive long-term outlook for the company, with high scores in both value and dividend factors. The company’s strong performance in these areas indicates a solid financial standing and potential for growth. Additionally, its resilience score suggests that Analog Devices is well-equipped to weather economic uncertainties and market fluctuations, making it a reliable investment option for the future.

While Analog Devices may not score as high in growth and momentum factors, its overall Smart Score still reflects a favorable outlook. With a focus on designing and manufacturing integrated circuits for a variety of industries, including communications, automotive, and consumer electronics, Analog Devices is positioned as a key player in the market with potential for continued success.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma