Analog Devices, Inc.’s Stock Price Suffers 4.63% Dip, Now Trading at $211.93

Analog Devices, Inc. (ADI)

211.93 USD -10.29 (-4.63%) Volume: 8.97M

Analog Devices, Inc.’s stock price currently stands at 211.93 USD, experiencing a 4.63% decrease this trading session with a trading volume of 8.97M. Despite the recent drop, the stock has shown resilience with a minimal year-to-date percentage change of -0.25%, highlighting the potential stability of ADI’s stock in the market.

Latest developments on Analog Devices, Inc.

Analog Devices stock has been on a rollercoaster recently, with a mix of positive and negative news impacting its price movements. The company reported upbeat quarterly sales forecasts after seeing a tariff pull-in in the autos sector, leading to growing revenue and profits that exceeded expectations. Despite a recent fall in stock price, Analog Devices CFO remains optimistic about continued growth and a cyclical upturn. The company’s Q2 results and Q3 outlook have surpassed estimates, with the stock charging higher on the back of strong performance. Analysts are optimistic about Analog Devices‘ future, with price targets being raised and strong revenue projections for the coming quarters.

Analog Devices, Inc. on Smartkarma

Analyst coverage on Analog Devices by Baptista Research on Smartkarma highlights the company’s positive performance in the first quarter of fiscal year 2025. Despite macroeconomic and geopolitical challenges, Analog Devices reported revenue of $2.42 billion, exceeding expectations. Adjusted for a comparable period last year, sales showed a 4% year-over-year increase, indicating resilience in the face of external factors.

Furthermore, Baptista Research‘s analysis of Analog Devices‘ expansion in communications and data centers for fiscal year 2024 showcases a steady recovery from earlier challenges. With fourth-quarter results pointing towards a turnaround from post-pandemic inventory issues, the company reported a full-year revenue of $9.4 billion and an earnings per share of $6.38. This positive trajectory suggests potential breakthroughs in key sectors for Analog Devices moving forward.

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 using Smartkarma Smart Scores indicate a positive long-term outlook for Analog Devices. With above-average scores in Dividend, Resilience, and Momentum, the company is seen as a strong player in the market. Its diverse range of products used in various industries positions it well for future growth and stability.

Analog Devices, Inc. is rated highly in terms of Dividend, Resilience, and Momentum according to Smartkarma Smart Scores. This suggests that the company is well-positioned for long-term success. With a focus on designing and manufacturing integrated circuits for a wide range of applications, Analog Devices has a solid foundation for continued growth and profitability in the future.

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