Analog Devices (ADI) consistently topped revenue estimates with strong financial results in Q2 2025. Various analysts have weighed in on the stock, both adjusting the price target and maintaining ratings, reflecting the market's varied reaction. Following participation in the Bernstein Strategic Decisions Conference, CFO Richard Puccio revealed a strategic roadmap that involves a cyclical upturn and 'continued growth.' Solid performance was reported in various sectors, especially industrial and autos, despite global challenges and tariff concerns. This strong performance led to several price target increases from firms like Evercore ISI and Stifel. Conversely, UBS, Benchmark, Piper Sandler and Truist lowered their price targets due to valuation concerns. It's noted that even amid concerns, ADI's Q2 earnings and revenues exceeded estimates and ADI expects Q3 to trend similarly. The company completed a US$12 billion buyback, declared a US$0.99 dividend and reported robust revenue growth amid tariff concerns. Despite a strong quarter, ADI saw a dip in share prices along with mixed reactions from analysts.
Analog Devices ADI News Analytics from Tue, 13 May 2025 22:00:00 GMT to Sat, 24 May 2025 19:42:32 GMT -
Rating 6
- Innovation 6
- Rumor 5
