Headquartered in Wilmington, Massachusetts, Analog Devices, Inc. (ADI) is a global semiconductor leader focused on bridging the physical and digital worlds through its advanced technology solutions. The company brings together analog, digital, AI, and software technologies to drive innovation across automation and robotics, mobility, healthcare, energy, and data centers, while also supporting reliable connectivity and more sustainable solutions.
With more than $11 billion in revenue in fiscal 2025, ADI serves a broad range of industries through its extensive product portfolio, which includes data converters, amplifiers, power management solutions, radio frequency (RF) chips, sensors, and digital signal processors. With a market capitalization of approximately $209.95 billion, Analog Devices is gearing up to release its fiscal 2026 fourth-quarter results before the market opens on Tuesday, Nov. 24.
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Heading into the report, Wall Street remains optimistic about the chipmaker’s earnings prospects, with analysts forecasting EPS of $3.89, a robust 72.1% year-over-year increase. The company also has a strong track record of delivering on expectations, having beaten bottom-line estimates in each of the past four quarters. Beyond the upcoming quarter, analysts expect ADI’s earnings momentum to remain strong, projecting fiscal 2026 EPS of $13, up 66.9% year over year. Growth is expected to continue into fiscal 2027, with EPS forecast to climb another 27.5% to $16.57.
www.barchart.com Analog Devices has also delivered an impressive performance on the market front. Over the past 52 weeks, the stock has surged 84.3%, comfortably outpacing the broader S&P 500 Index ($SPX), which has gained just 12% over the same period. ADI has also left its sector peers behind, with the State Street Technology Select Sector SPDR ETF (XLK) advancing 24.1% over the past year.
www.barchart.com The accelerating adoption of application-specific integrated circuits (ASICs), fueled by surging demand across AI, 5G, automotive, and energy-efficient computing, has put Analog Devices firmly in the spotlight. Riding this broader semiconductor growth wave, ADI delivered a standout performance over the past year and in 2026.
The company’s third-quarter results, released in mid-August, showcased strong momentum, with revenue climbing 40% year over year to $4.02 billion, driven by robust demand from its Data Center and Industrial businesses. Adjusted EPS jumped an impressive 68% to $3.45, comfortably beating Wall Street’s estimate of $3.33. Further underscoring its strong cash-generation capabilities, ADI returned $1.7 billion to shareholders through dividends and share repurchases during the quarter.
Heading into its fiscal 2026 fourth-quarter earnings release, Analog Devices has Wall Street firmly in its corner, earning a consensus “Strong Buy” rating. Sentiment is overwhelmingly bullish among the 31 analysts covering the stock, with 25 issuing “Strong Buy” recommendations, four assigning “Moderate Buy” ratings, and just two recommending “Hold.” The average price target is $465.13, implying the stock could climb about 7.3% from current levels.
On the date of publication, Anushka Mukherji did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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