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B of A Securities analyst Vivek Arya maintains Analog Devices (NASDAQ:ADI) with a Buy and raises the price target from $425 to $460.
Baird analyst Tristan Gerra maintains Analog Devices (NASDAQ:ADI) with a Outperform and raises the price target from $365 to $450.
Needham analyst N. Quinn Bolton maintains Analog Devices (NASDAQ:ADI) with a Buy and raises the price target from $400 to $440.
Analog Devices (ADI) beats Q2 expectations with $3.62B in revenue and $3.09 EPS, driven by massive AI data center and industrial demand.
U.S. stocks halt a three-day slide as oil tumbles 5% on revived Iran truce hopes, easing inflation fears ahead of Nvidia's results after the close.
Analog Devices tops Q2 estimates and buys Empower Semiconductor for $1.5B. See the latest ADI stock analysis.
Analysts say the AI spending boom is reshaping the chip industry, driving massive demand across memory, networking, and infrastructure.
Analog Devices (NASDAQ:ADI) is looking for Q3 GAAP EPS of $2.45-$2.75 vs $2.23 analyst estimate..