Inside the research
Analog Devices, Inc.
ADI Research profile · latest available data
Price overview
$393.60
▲ +10.99 (+2.9%)
| 52w hi | $444.13 |
|---|---|
| 52w lo | $222.42 |
| Vol | 2.46M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.31
| Short | -0.33 |
|---|---|
| Medium | +0.66 |
| Long | +0.88 |
computed 2026-09-27
Key fundamentals
Analog Devices, Inc.
Technology · Semiconductors
| Market cap | $190.72B |
|---|---|
| Enterprise value | $197.56B |
| Trailing P/E | 46.75x |
| Forward P/E | 24.08x |
| EV / EBITDA | 28.54x |
| P / S (ttm) | 13.74x |
| Profit margin | 29.8% |
| Return on equity | 12.2% |
| Revenue growth | +39.6% |
| Earnings growth | +163.5% |
| Debt / equity | 27.31 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.32 | |
| Sector | +0.24 | |
| Technical | -0.09 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. It 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. The company also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, it provides digital signal processing and system products for numeric calculations. The company serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online. The company was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
Risk Metrics
| Beta vs SPX | 1.61 |
|---|---|
| Corr SPX | 0.69 |
| Annual vol | 37.4% |
| Annual ret | +34.5% |
| Sharpe | 0.92 |
| Max DD | -32.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $394.39 |
|---|---|
| High / Low | $475.00 / $295.00 |
| Median | $400.00 |
| Analysts | 31 |
| Strong Buy | 7 | |
|---|---|---|
| Buy | 21 | |
| Hold | 5 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-13 | B of A Securities | → Buy |
| 2026-02-19 | Wells Fargo | → Overweight |
| 2026-02-19 | UBS | → Buy |
| 2026-02-19 | Truist Securities | → Hold |
| 2026-02-19 | Susquehanna | → Positive |
| 2026-02-19 | Stifel | → Buy |
Officers & Board
| Founder | Ray Stata current |
|---|
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-29 | Other Material Event | read |
| 2026-07-02 | Material Agreement, Material Obligation… | read |
| 2026-05-20 | Earnings Release, Exhibits | read |
| 2026-05-19 | Reg FD Disclosure, Exhibits | read |
| 2026-03-12 | Officer / Director Change, Shareholder Vote… | read |
| 2026-02-18 | Earnings Release, Other Material Event… | read |
| 2026-01-23 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-11-25 | Earnings Release, Exhibits | read |
| 2025-09-19 | Reg FD Disclosure, Exhibits | read |
| 2025-08-20 | Earnings Release, Exhibits | read |
| 2025-06-16 | Material Agreement, Exhibits | read |
| 2025-05-27 | Officer / Director Change | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-05 | STATA RAY | Sell | 76 | $28.55K | |
| 2026-08-05 | STATA RAY | Sell | 237 | $89.25K | |
| 2026-08-05 | STATA RAY | Sell | 271 | $102.34K | |
| 2026-08-05 | STATA RAY | Sell | 373 | $141.23K | |
| 2026-08-05 | STATA RAY | Sell | 229 | $86.93K | |
| 2026-08-05 | STATA RAY | Sell | 116 | $44.16K | |
| 2026-08-05 | STATA RAY | Sell | 86 | $32.85K | |
| 2026-08-05 | STATA RAY | Sell | 28 | $10.74K | |
| 2026-08-04 | STATA RAY | Sell | 23 | $8.51K | |
| 2026-08-04 | STATA RAY | Sell | 37 | $13.73K |
Flow & Concentration
| Insider 180d net | -$29.95M |
|---|---|
| Insider buys / sells | 0 / 74 |
| Insider bias | Sellers |
| 13F holders | 8 |
| Top-5 share | 97.2% |
| HHI | 4,121 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $9.40B | 23.66M |
| Fidelity / FMR LLC | $3.10B | 7.79M |
| Capital Research / Capital World | $1.64B | 4.12M |
| Citadel Advisors | $730.87M | 1.84M |
| Millennium Management | $380.30M | 957.52K |
| AQR Capital Management | $358.98M | 903.84K |
| Bridgewater Associates | $80.71M | 203.21K |
| T. Rowe Price Group | $3.09M | 7.78M |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.53% |
|---|---|
| $ / share (TTM) | $2.09 |
| 5y CAGR | +9.8% |
Annual dividend per share
| 2021 | $2.76 |
|---|---|
| 2022 | $3.04 |
| 2023 | $3.44 |
| 2024 | $3.68 |
| 2025 | $3.96 |
| 2026 | $1.10 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $11.02B | +11.2% | |
| Gross profit | $5.38B | +8.3% | |
| Operating income | $3.82B | +12.0% | |
| Net income | $3.31B | +10.0% | |
| Cash from ops | $3.85B | +14.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $381.53 | $395.92 | $381.53 | $393.60 | 2.46M |
| Sep 24 | $381.21 | $384.34 | $377.40 | $382.61 | 2.37M |
| Sep 23 | $388.95 | $390.06 | $379.00 | $385.23 | 3.20M |
| Sep 22 | $382.19 | $390.55 | $380.58 | $390.37 | 2.98M |
| Sep 21 | $377.05 | $384.12 | $370.97 | $383.00 | 4.05M |
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