Analog Devices Reports Record Fourth Quarter and Fiscal 2021 Results

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Analog Devices (ADI) PT Raised to $215 at Stifel

November 24, 2021 7:18 AM EST

Stifel analyst Tore Svanberg raised the price target on Analog Devices (NASDAQ: ADI) to $215.00 (from $210.00) while maintaining a Buy rating. The analyst highlighted:

Slight beat/ Solid raise, w/ Oct Q and Jan Q (midpt) revs coming in +1.7% and +5.8% vs. our est., which... More

Analog Devices (ADI) Declares $0.69 Quarterly Dividend; 1.5% Yield

November 23, 2021 7:05 AM EST

Analog Devices (NASDAQ: ADI) declared a quarterly dividend of $0.69 per share, or $2.76 annualized.

The dividend will be payable on December 14, 2021, to stockholders of record on December 3, 2021, with an ex-dividend date of December 2, 2021.

The annual yield on the dividend is 1.5 percent.

For... More

Analog Devices (ADI) Tops Q4 EPS by 3c; Guides Q1 Above Views

November 23, 2021 7:04 AM EST

Analog Devices (NASDAQ: ADI) reported Q4 EPS of $1.73, $0.03 better than the analyst estimate of $1.70. Revenue for the quarter came in at $2.34 billion versus the consensus estimate of $2.31 billion.

ADI delivered another quarter of record revenue and profits, marking a strong end to the fiscal year. Our Industrial and... More