Latest news with #AnalogDevices
Yahoo
3 days ago
- Business
- Yahoo
Is It Too Late To Consider Buying Analog Devices, Inc. (NASDAQ:ADI)?
Analog Devices, Inc. (NASDAQ:ADI) saw a significant share price rise of 30% in the past couple of months on the NASDAQGS. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, what if the stock is still a bargain? Let's take a look at Analog Devices's outlook and value based on the most recent financial data to see if the opportunity still exists. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, Analog Devices seems to be fairly priced at around 2.2% below our intrinsic value, which means if you buy Analog Devices today, you'd be paying a reasonable price for it. And if you believe the company's true value is $218.75, then there's not much of an upside to gain from mispricing. Furthermore, Analog Devices's low beta implies that the stock is less volatile than the wider market. View our latest analysis for Analog Devices Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Analog Devices' earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. Are you a shareholder? It seems like the market has already priced in ADI's positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you've been keeping tabs on ADI, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Every company has risks, and we've spotted 2 warning signs for Analog Devices you should know about. If you are no longer interested in Analog Devices, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Oppenheimer Raises ADI Price Target to $265 on Cyclical Recovery Hopes
Oppenheimer recently raised the price target on Analog Devices, Inc. (NASDAQ:ADI) to $265 from $225 and kept an Outperform rating on the shares ahead of quarterly results. ADI designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. The advisory saw upside to Q2 results and Q3 outlook as an overdue cyclical recovery took root. Tariff noise was easing a bit but first half of the year pull-in activity likely muted second half seasonality, in Oppenheimer's view. The advisory viewed Analog Devices as a prime beneficiary of cyclical rebound in core auto/industrial. A technician working on power management in a semiconductor factory. In earnings for the first quarter, the company had reported earnings per share of $1.63, beating market estimates by $0.09. The revenue over the time was $2.42 billion, beating analyst expectations by $60 million. The shares are up over 27% in the past month following a US-China trade deal that has temporarily eased pressure on semis. While we acknowledge the potential of ADI, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None.
Yahoo
4 days ago
- Business
- Yahoo
Oppenheimer Raises ADI Price Target to $265 on Cyclical Recovery Hopes
Oppenheimer recently raised the price target on Analog Devices, Inc. (NASDAQ:ADI) to $265 from $225 and kept an Outperform rating on the shares ahead of quarterly results. ADI designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. The advisory saw upside to Q2 results and Q3 outlook as an overdue cyclical recovery took root. Tariff noise was easing a bit but first half of the year pull-in activity likely muted second half seasonality, in Oppenheimer's view. The advisory viewed Analog Devices as a prime beneficiary of cyclical rebound in core auto/industrial. A technician working on power management in a semiconductor factory. In earnings for the first quarter, the company had reported earnings per share of $1.63, beating market estimates by $0.09. The revenue over the time was $2.42 billion, beating analyst expectations by $60 million. The shares are up over 27% in the past month following a US-China trade deal that has temporarily eased pressure on semis. While we acknowledge the potential of ADI, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 33 Most Important AI Companies You Should Pay Attention To and 30 Best AI Stocks to Buy According to Billionaires Disclosure: None. Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Has Analog Devices (ADI) Outpaced Other Computer and Technology Stocks This Year?
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Analog Devices (ADI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Analog Devices is a member of our Computer and Technology group, which includes 607 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Analog Devices is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for ADI's full-year earnings has moved 2.8% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. According to our latest data, ADI has moved about 2.1% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of -1.3%. This means that Analog Devices is performing better than its sector in terms of year-to-date returns. Another stock in the Computer and Technology sector, American Superconductor (AMSC), has outperformed the sector so far this year. The stock's year-to-date return is 11.2%. The consensus estimate for American Superconductor's current year EPS has increased 2.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Analog Devices belongs to the Semiconductor - Analog and Mixed industry, a group that includes 10 individual stocks and currently sits at #90 in the Zacks Industry Rank. This group has lost an average of 2.7% so far this year, so ADI is performing better in this area. On the other hand, American Superconductor belongs to the Electronics - Miscellaneous Components industry. This 26-stock industry is currently ranked #81. The industry has moved +1.1% year to date. Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Analog Devices and American Superconductor as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Analog Devices, Inc. (ADI) : Free Stock Analysis Report American Superconductor Corporation (AMSC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
TD Cowen Increases Analog Devices (ADI), Maintains Buy Rating
On May 23, TD Cowen raised its price target on Analog Devices, Inc. (NASDAQ:ADI)'s stock to $250 from the prior target of $200, while reiterating a 'Buy' rating. This was seen after the company released its recent earnings report and guidance. A technician working on power management in a semiconductor factory. As per the analyst, the results were strong but saw less attention because of worries related to early order fulfillment and the impact of tariffs on the broader semiconductor industry. Joshua Buchalter (the firm's analyst) stated that, amidst uncertainties, Analog Devices, Inc. (NASDAQ:ADI) happens to be in a stronger cyclical position, given the ongoing secular tailwinds, as compared to peers. The company's strong emphasis on innovation and customer success allows it to continue to enhance its leadership at the increasingly AI-driven Intelligent Edge. Buchalter believes that the company's robust inventory management and fab-lite business model are expected to help it withstand challenges. Analog Devices, Inc. (NASDAQ:ADI) stated that its Q2 2025 bookings accelerated across the end markets and regions, leading to sequential backlog growth. These improved demand signals help its outlook for continued growth in Q3 2025. For Q3 2025, the company expects revenue of $2.75 billion (+/- $100 million). At the midpoint, it anticipates a reported operating margin of ~27.2% (+/-150 bps), and an adjusted operating margin of ~41.5% (+/-100 bps). Analog Devices, Inc. (NASDAQ:ADI) is engaged in designing, manufacturing, testing, and marketing integrated circuits (ICs), software, and subsystem products. While we acknowledge the potential of ADI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ADI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None.
