ANALOG DEVICES INC (ADI) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does ANALOG DEVICES INC Do?
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and high-end consumer markets; and power ICs include performance, integration, and software design simulation tools for accurate power supply designs. It also offers high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company offers digital signal processing and system products for high-speed numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, the rest of North and South America, Europe, Japan, China, and rest of Asia, as well as through its Website. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts. ANALOG DEVICES INC (ADI) is classified as a large-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Vincent T. Roche and employs approximately 24,400 people, headquartered in Norwood, Massachusetts. With a market capitalization of $156.5B, ADI is one of the prominent companies in the Technology sector.
ANALOG DEVICES INC (ADI) Stock Rating — Hold (April 2026)
As of April 2026, ANALOG DEVICES INC receives a Hold rating with a composite score of 47.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.ADI ranks #1,421 out of 4,446 stocks in our coverage universe. Within the Technology sector, ANALOG DEVICES INC ranks #156 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
ADI Stock Price and 52-Week Range
ANALOG DEVICES INC (ADI) currently trades at $350.98. The stock lost $0.38 (0.1%) in the most recent trading session. The 52-week high for ADI is $363.20, which means the stock is currently trading -3.4% from its annual peak. The 52-week low is $158.65, putting the stock 121.2% above its annual trough. Recent trading volume was 2.5M shares, reflecting moderate market activity.
Is ADI Overvalued or Undervalued? — Valuation Analysis
ANALOG DEVICES INC (ADI) carries a value factor score of 40/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 69.18x, compared to the Technology sector average of 45.27x — a premium of 53%. The price-to-book ratio stands at 4.73x, versus the sector average of 3.16x. The price-to-sales ratio is 14.40x, compared to 1.06x for the average Technology stock. On an enterprise value basis, ADI trades at 53.56x EV/EBITDA, versus 12.79x for the sector. The EV/EBIT multiple is 51.88x.
Overall, ADI's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
ANALOG DEVICES INC Profitability — ROE, Margins, and Quality Score
ANALOG DEVICES INC (ADI) earns a quality factor score of 46/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 6.8%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 4.8% versus the sector average of -1.0%.
On a margin basis, ANALOG DEVICES INC reports gross margins of 61.7%, compared to 50.9% for the sector. The operating margin is 26.5% (sector: -0.5%). Net profit margin stands at 20.5%, versus -1.5% for the average Technology stock. Revenue growth is running at 36.7% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
ADI Debt, Balance Sheet, and Financial Health
ANALOG DEVICES INC has a debt-to-equity ratio of 42.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.76x, suggesting adequate working capital coverage. Total debt on the balance sheet is $8.68B. Cash and equivalents stand at $2.50B.
ADI has a beta of 1.45, meaning it is more volatile than the broader market — a $10,000 investment in ADI would be expected to move 45.5% more than the S&P 500 on any given day. The stability factor score for ANALOG DEVICES INC is 61/100, reflecting average volatility within the normal range for its sector.
ANALOG DEVICES INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, ANALOG DEVICES INC reported revenue of $11.10B and earnings per share (EPS) of $1.70. Net income for the quarter was $2.31B. Gross margin was 61.7%. Operating income came in at $2.98B.
In Q1 2026, ANALOG DEVICES INC reported revenue of $3.16B and earnings per share (EPS) of $1.70. Net income for the quarter was $831M. Gross margin was 64.7%. Revenue grew 30.4% year-over-year compared to Q1 2025. Operating income came in at $997M.
In FY 2025, ANALOG DEVICES INC reported revenue of $11.02B and earnings per share (EPS) of $4.59. Net income for the quarter was $2.27B. Gross margin was 61.5%. Revenue grew 16.9% year-over-year compared to FY 2024. Operating income came in at $2.93B.
In Q3 2025, ANALOG DEVICES INC reported revenue of $2.88B and earnings per share (EPS) of $1.05. Net income for the quarter was $519M. Gross margin was 62.1%. Revenue grew 24.6% year-over-year compared to Q3 2024. Operating income came in at $818M.
Over the past 8 quarters, ANALOG DEVICES INC has demonstrated a growth trajectory, with revenue expanding from $2.31B to $11.10B. Investors analyzing ADI stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
ADI Dividend Yield and Income Analysis
ANALOG DEVICES INC (ADI) currently pays a dividend yield of 1.7%. At this yield, a $10,000 investment in ADI stock would generate approximately $$172.00 in annual dividend income. With a net margin of 20.5%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
ADI Momentum and Technical Analysis Profile
ANALOG DEVICES INC (ADI) has a momentum factor score of 67/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 28/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
ADI vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, ANALOG DEVICES INC (ADI) ranks #156 out of 584 stocks based on the Blank Capital composite score. This places ADI in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing ADI against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ADI vs S&P 500 (SPY) comparison to assess how ANALOG DEVICES INC stacks up against the broader market across all factor dimensions.
ADI Next Earnings Date
No upcoming earnings date has been announced for ANALOG DEVICES INC (ADI) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy ADI? — Investment Thesis Summary
ANALOG DEVICES INC presents a balanced picture with arguments on both sides. Price momentum is positive at 67/100, suggesting the trend favors buyers. Low volatility (stability score 61/100) reduces downside risk.
In summary, ANALOG DEVICES INC (ADI) earns a Hold rating with a composite score of 47.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ADI stock.
Related Resources for ADI Investors
Explore more research and tools: ADI vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ADI head-to-head with peers: ADI vs IHS, ADI vs VRSN, ADI vs ESE.