Analog Devices (ADI) August 30 weekly 227 calls active into quarter results

Go back to Analog Devices (ADI) August 30 weekly 227 calls active into quarter results

Analog Devices (ADI) PT Raised to $254 at Goldman Sachs

August 21, 2024 4:34 PM EDT

Goldman Sachs analyst Toshiya Hari raised the price target on Analog Devices (NASDAQ: ADI) to $254.00 (from $252.00) while maintaining a Buy rating.

The analyst comments "ADI reported a modest beat to FY3Q (July) FactSet consensus and provided a better-than-feared FY4Q (Oct) outlook, per... More

Deutsche Bank Reiterates Hold Rating on Analog Devices (ADI)

August 21, 2024 3:48 PM EDT

Deutsche Bank analyst Ross Seymore reiterated a Hold rating and $225.00 price target on Analog Devices (NASDAQ: ADI)

The analyst comments "The company delivered a solid report/guide, with a top-line beat in the July quarter ($2.3b vs. midpoint guide of $2.27b) and a solid raise in their October quarter guide (up ~+4% q/q at the midpoint). However, ADI's Industrial and Automotive segments both underperformed expectations in July (-3%/-1% vs. DBe, respectively), as... More

Analog Devices (ADI) PT Raised to $265 at Citi

August 21, 2024 2:32 PM EDT

Citi analyst Christopher Danely raised the price target on Analog Devices (NASDAQ: ADI) to $265.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "This morning, ADI reported solid results and guidance as the Industrial, Comms and Consumer businesses (combined 71% of F3Q24 sales)... More

Analog Devices (ADI) PT Raised to $275 at Stifel

August 21, 2024 1:53 PM EDT

Stifel analyst Tore Svanberg raised the price target on Analog Devices (NASDAQ: ADI) to $275.00 (from $265.00) while maintaining a Buy rating.

The analyst comments "We believe ADI is a formidable high-performance analog/mixed-signal powerhouse and the leading challenger to the current industry heavyweight, TXN. We also believe that ADI is positioned to outperform in a turbulent macro... More

Analog Devices (ADI) earnings, revenue top Q3 expectations

August 21, 2024 7:13 AM EDT

(Updated - August 21, 2024 9:34 AM EDT)

Analog Devices (NASDAQ: ADI) shares rallied at the open on Wednesday after reporting better-than-expected third-quarter earnings and revenue, along with an optimistic outlook for the fourth quarter.

At the time of writing, ADI is up 1.7% from Tuesday's close.

The semiconductor company posted adjusted earnings per share of $1.58 for the quarter ended August 3, beating analyst estimates of $1.51. Revenue... More