The Latest Breaking News from ADI

Analog Devices (NASDAQ:ADI) has outperformed the market over the past 15 years by 2.3% on an annualized basis producing an average annual return of 9.85%. Currently, Analog Devices has a market capitalization of $85.35 billion.

Analog Devices Inc (NASDAQ:ADI) highlighted its strategic vision and new financial model at its investor day meet. Piper Sandler analyst Harsh Kumar reiterated an Overweight with a $210 price target (30% upside).  Kumar expects the company to benefit from several secular growth drivers within the semiconductor industry. Related: Analog Devices Tops Q1 Backed By Momentum Across…

Analog Devices (NASDAQ:ADI) has outperformed the market over the past 10 years by 2.64% on an annualized basis.

Analog Devices Inc (NASDAQ:ADI) reported first-quarter FY22 revenue growth of 72% year-on-year to $2.68 billion, beating the consensus of $2.60 billion. Adjusted EPS of $1.94 beat the consensus of $1.77. End Markets: Analog Devices' Industrial revenue grew 57% Y/Y to $1.34 billion. Automotive revenue increased 124% Y/Y to $552.7 million. Communications revenue rose 46%…

Chipmaker Analog Devices on Wednesday beat Wall Street's targets for its fiscal first quarter and guided higher for the current period.

5G technology is going to become the standard over the next decade, and it will facilitate an era where everyone and every device is always connected. Of course, this upgrade cycle will lead to many opportunities for investors. Some stocks to consider are Apple (AAPL), Qualcomm (QCOM), Ericcson (ERIC), Analog…