Analog Devices (ADI) reported a remarkable 133% growth in the investments made five years ago. It has witnessed increased interest of institutional owners, resulting in acquisitions of numerous shares by various institutes like Caxton Associates LLP, Strs Ohio, SCS Capital Management, MBB Public Markets, Glenview Trust, and Bayforest Capital etc. Moreover, ADI is set to participate in the J.P. Morgan 16th Annual U.S. All Stores Conference. The company's fiscal third quarter of 2025 impressed analysts, resulting in bullish stock price estimates. Truist has raised its price target to $249 post the strong Q3 results. ADI's stock seems to be outpacing its computer and technology peers. While some firms decreased their stake in ADI, others increased their holdings. The executive leadership team will be sharing business insights in an upcoming conference. ADI's Q2 and Q3 2025 earnings call highlight affirmed strong revenue growth despite challenges. Recent reports confirmed that ADI beat Q3 earnings and revenue estimates, impressing investors and boosting overall market outlook.
Analog Devices ADI News Analytics from Thu, 22 May 2025 07:00:00 GMT to Sat, 13 Sep 2025 20:03:40 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 2
