Preparing for Analog Devices' Upcoming Financial Report Disclosure
Heyy there! Let's talk about Analog Devices, Inc., or ADI for short - a semiconductor powerhouse based in Wilmington, Massachusetts. They've got a massive market cap of about $81.6 billion and operate across the Americas, Europe, and the Indo-Pacific.[1]
Guess what? ADI is going to share their second-quarter results with everyone on Thursday, May 22. Analysts expect them to announce an adjusted EPS of $1.69, a juicy 20.7% increase from the $1.40 reported in the year-ago quarter.[1]
You'll be amazed to know that ADI has been crushing the Street's expectations in their financial reports for the past four quarters. Speaking of future forecasts, for the entire fiscal 2025, they are predicted to report earnings at $7.11, marking an 11.4% increase from the $6.38 reported in fiscal 2024.[1]
Now, here's an interesting piece: For fiscal 2026, their earnings are expected to surge 21.1% year-over-year to $8.61 per share.[1] Let me add that ADI's stock has dipped 4.1% over the past 52 weeks, but here's the catch - it's still outpaced the S&P 500 Index's 8.4% gains and Technology Select Sector SPDR Fund's 4.2% uptick during the same time period.[1]
Recent times have been difficult for businesses due to tricky macroeconomic and geopolitical conditions. However, despite these challenges, ADI managed to put out solid financials, and their stock skyrocketed 9.7% following the release of their Q4 results on Feb. 19.[1]
Although their revenues dropped 3.6% compared to the year-ago quarter to $2.4 billion, they still managed to exceed the Street's expectations by 2.8%. Furthermore, their adjusted EPS fell 5.8% year-over-year to $1.63, but they still beat the consensus estimates by a whopping 5.8%. And guess what? Their bookings have been witnessing a steady improvement in Q1, with strength in Industrial and Automotive markets which positions them well for growth in both Q2 2025 and beyond.[1]
Intrigued? Well, the consensus view on ADI remains positive, with a "Moderate Buy" rating overall.[1] Out of the 30 analysts covering the stock, 20 think it's a "Strong Buy," one is a "Moderate Buy," and nine recommend it as a "Hold." Their mean price target of $247.41 suggests a 27.7% upside potential from current price levels.[1]
Don't miss out on the action behind Wall Street's hottest headlines, subscribe to our website's Active Investor newsletter for the full scoop! Remember, investing always involves risks and it's crucial to conduct your own research before making any decisions.[1]
[1]: Source: Yahoo Finance
- In the upcoming second-quarter earnings report on May 22, Analog Devices, Inc. (ADI) is anticipated to announce an adjusted EPS of $1.69, marking a 20.7% increase from the same quarter in 2024.
- For the entire fiscal 2025, ADI is predicted to report earnings at $7.11, representing an 11.4% increase from the fiscal 2024 earnings.
- The consensus forecast for ADI's earnings in fiscal 2026 indicates a 21.1% year-over-year surge to $8.61 per share.
- Despite a 4.1% dip over the past 52 weeks, ADI's stock has outperformed the S&P 500 Index's 8.4% gains and Technology Select Sector SPDR Fund's 4.2% uptick during the same period.
