Analog Devices (NASDAQ:ADI) Releases Q1 Earnings Guidance

Analog Devices (NASDAQ:ADI) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $1.43-1.63 for the period, compared to the consensus earnings per share estimate of $1.55. The company issued revenue guidance of $2.25-2.45 billion, compared to the consensus revenue estimate of $2.34 billion. Analog Devices also updated its Q1 2025 guidance to 1.430-1.630 EPS.

Wall Street Analysts Forecast Growth

ADI has been the subject of a number of research analyst reports. Bank of America reduced their target price on Analog Devices from $260.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, August 22nd. Truist Financial lowered Analog Devices from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $266.00 to $233.00 in a research report on Monday, September 23rd. Morgan Stanley upped their target price on Analog Devices from $250.00 to $257.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Cantor Fitzgerald reissued a “neutral” rating and issued a $250.00 price target on shares of Analog Devices in a research report on Tuesday, October 8th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $245.00 price objective on shares of Analog Devices in a research report on Thursday, August 22nd. Six research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $252.05.

Analog Devices Stock Performance

NASDAQ:ADI opened at $223.58 on Tuesday. Analog Devices has a 52-week low of $179.63 and a 52-week high of $244.14. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.24 and a current ratio of 1.69. The company has a market cap of $111.01 billion, a price-to-earnings ratio of 67.14, a PEG ratio of 3.02 and a beta of 1.08. The firm’s 50-day moving average is $224.88 and its 200-day moving average is $225.84.

Insider Transactions at Analog Devices

In related news, EVP Gregory M. Bryant sold 30,000 shares of Analog Devices stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $224.10, for a total transaction of $6,723,000.00. Following the completion of the transaction, the executive vice president now directly owns 109,093 shares of the company’s stock, valued at $24,447,741.30. This trade represents a 21.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $223.87, for a total transaction of $2,238,700.00. Following the completion of the transaction, the chief executive officer now owns 21,983 shares of the company’s stock, valued at $4,921,334.21. This trade represents a 31.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 110,995 shares of company stock valued at $25,116,338. Company insiders own 0.31% of the company’s stock.

Analog Devices Company Profile

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.