Analog Devices, Inc.

ADI · NASDAQ

Market closed$375.36$-5.17 (-1.36%)After hours $374.00 · -0.36%

Key statistics

Previous close$380.53
Open$371.10
Day high$379.78
Day low$366.87
52-week high$445.91
52-week low$218.37
Market cap182.83B
Volume3.54M
Average volume4.68M
P/E ratio38.07
Forward P/E22.39
EPS9.86
Dividend yield+1.11%

Market context

Why it moved

ADI shares declined as part of a broad global selloff in chipmakers and semiconductor stocks, driven by concerns that AI-fueled valuations have run too far after China's Moonshot AI launched a competitive model rivaling top US offerings, sparking fears of an oversaturated AI spending environment.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Analog Devices closed down roughly 1.4%, underperforming the broader XLK technology ETF amid a sweeping semiconductor sector correction that has erased over $3.3 trillion in chip-stock market value since late June. The sell-off, driven by AI valuation concerns, a new powerful Chinese AI model from Moonshot, Alphabet's Gemini 3.5 Pro delays, and escalating U.S.-Iran tensions disrupting Strait of Hormuz shipping, pressured the Philadelphia Semiconductor Index nearly 5% on Friday alone. Despite the macro headwinds, ADI's fundamental backdrop remains constructive — the company posted record fiscal Q2 revenue of $3.62B (+37% YoY), beat EPS estimates, completed the Empower Semiconductor acquisition for AI power exposure, and carries a "Moderate Buy" consensus with an average analyst price target of $441.

-1.3586

July 17, 2026Analog Devices shares declined alongside a broad semiconductor sector selloff, even as the company's own fundamentals remain strong. The pullback follows a sector-wide re-rating driven by profit-taking and valuation concerns after months of AI-fueled gains — TSMC's record 77% profit beat paradoxically pressured chip stocks as investors questioned whether lofty expectations are already priced in, dragging peers including ADI lower. Despite the session's weakness, ADI's backdrop remains constructive: the company posted record fiscal Q2 revenue of $3.62B with 37% year-over-year growth, completed its Empower Semiconductor acquisition to expand AI power offerings, raised Q3 guidance, and carries a consensus "Moderate Buy" rating with an average analyst price target near $441.

-2.6678

July 16, 2026Analog Devices closed modestly lower amid a volatile session for semiconductor stocks, with the broader chip sector facing profit-taking pressure despite a supportive macro backdrop of softer-than-expected June CPI data and bullish ASML earnings. ADI's pullback comes after a strong recent run fueled by record fiscal Q2 results — revenue of $3.62B beat estimates with 37.2% YoY growth — and the completed acquisition of Empower Semiconductor, bolstering its AI power portfolio. Analysts remain broadly constructive with a consensus "Moderate Buy" and average price target near $441, well above current levels.

-0.4558

July 15, 2026Analog Devices closed higher, outperforming the broader technology sector (XLK) as a cooler-than-expected June CPI report reignited risk appetite across semiconductors. The macro catalyst was well-timed for ADI, which enters the session with strong fundamental momentum: the company posted record fiscal Q2 revenue of $3.62B (+37.2% YoY), beat EPS estimates by $0.20, and recently acquired Empower Semiconductor for $1.5B to deepen its AI power infrastructure exposure. Analyst conviction remains high, with KeyBanc raising its price target to $525 (Overweight) and TD Cowen lifting its target to $460 (Buy) today.

1.7461

July 14, 2026Analog Devices shares declined amid a broad semiconductor sector selloff, with the chip sector facing a confluence of headwinds including renewed U.S.-Iran military tensions that sent oil prices surging, a sharp plunge in SK Hynix shares in Asia, and growing investor caution ahead of a pivotal earnings week. Despite ADI's strong fundamental backdrop—including a recent Q2 earnings beat ($3.09 EPS vs. $2.89 estimate), 37.2% year-over-year revenue growth, and a raised Q3 guidance—the stock pulled back alongside peers as short interest in semiconductors hit a three-year high and the Philadelphia Semiconductor Index fell more than 11% from its June peak. Wall Street remains broadly constructive, with TD Cowen raising its price target to $460 and a consensus target of ~$440, well above current levels.

-2.4365

July 11, 2026Analog Devices edged higher, outperforming the broader semiconductor sector as the S&P 500 extended gains for a third straight session, supported by SK Hynix's Nasdaq debut and continued AI infrastructure optimism. The stock's modest advance builds on a recovery from last week's sector-wide selloff triggered by Samsung earnings anxiety, with ADI buoyed by its own strong fundamentals — Q1 EPS of $3.09 beat estimates by $0.20 on 37% YoY revenue growth — alongside the recently completed Empower Semiconductor acquisition and a $1B+ Oregon facility expansion. Analysts maintain a consensus 'Moderate Buy' with an average target of $439.79, implying meaningful upside.

0.5106

July 10, 2026Analog Devices gained over 2%, rebounding alongside the broader semiconductor sector after a bruising chip selloff earlier in the week triggered by Samsung's record-but-disappointing earnings. The recovery comes with a strong company-specific backdrop: ADI recently completed its $1.5B acquisition of Empower Semiconductor to expand AI power delivery capabilities, announced a $1B+ Oregon facility expansion, and reported record Q2 revenue of $3.62B — beating estimates by over $100M with 37% year-over-year growth. Analysts remain broadly constructive, with a consensus Moderate Buy and an average price target of $439.79, well above current levels.

2.138

July 9, 2026Analog Devices shares rose modestly, recovering alongside the broader semiconductor sector after Tuesday's sharp chip-driven selloff triggered by Samsung's earnings and DeepSeek headlines. Supporting the rebound, ADI completed its $1.5 billion acquisition of Empower Semiconductor, reinforcing its AI infrastructure narrative, while Cantor Fitzgerald raised its price target to $550. Analysts remain broadly bullish with a consensus Moderate Buy rating and an average target near $440, buoyed by ADI's record fiscal Q2 revenue of $3.62 billion — up 37% year-over-year and above guidance. In after-hours, shares edged further to $389.

1.6806

Benzinga · July 14, 2026Keybanc Maintains Overweight on Analog Devices, Raises Price Target to $525
Mt Newswire · July 14, 2026KeyBanc Adjusts Price Target on Analog Devices to $525 From $500, Maintains Overweight Rating
Benzinga · July 13, 2026TD Cowen Maintains Buy on Analog Devices, Raises Price Target to $460
Mt Newswire · July 13, 2026TD Cowen Adjusts Price Target on Analog Devices to $460 From $450, Maintains Buy Rating
Mt Newswire · July 9, 2026Analog Devices Insider Sold Shares Worth $1,078,611, According to a Recent SEC Filing
Mt Newswire · July 8, 2026Cantor Fitzgerald Adjusts Price Target on Analog Devices to $550 From $510
Mt Newswire · July 6, 2026Analog Devices Insider Sold Shares Worth $3,897,500, According to a Recent SEC Filing
Benzinga · July 2, 2026If You Invested $100 In Analog Devices Stock 20 Years Ago, You Would Have This Much Today

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