ADIAnalog Devices, Inc.
Analog Devices, Inc. (ADI) designs and sells high-performance analog, mixed-signal, and digital signal processing semiconductors used in a wide range of applications, from industrial automation to 5G infrastructure. The next catalyst is Sep 30, 2026 — M&A Integration Update & Trade Policy Review, which will test how well the company is integrating its recent $1.5 billion acquisition of Empower Semiconductor and navigating evolving trade policies .
- ADI’s revenue grew 16.9% YoY to $13.69B in 2026, with a net margin of 28.2% (TTM).
- The company’s debt-to-equity ratio is 0.21x, and it maintains a robust balance sheet with $33.82B in shareholders’ equity.
- ADI’s diluted EPS was $2.74, reflecting strong earnings power and leverage.
The schedule
- Wed21Oct
ADI will announce Q3 2026 results. A strong beat could test the $460.00 target, but prolonged inventory digestion among OEM clients likely forces a guidance reset down to the $350.00 fallback.
- Wed20Jan
Initial FY27 guidance sets the stage for the new calendar year. A cleared deck and recovered orders point to a $400.00 target, while extended weakness in the industrial segment yields a $290.00 fallback.
- Mon15Mar
Mid-quarter industry channel checks will reveal the pace of analog chip consumption. Rebounding client orders could drive shares to a $440.00 target, whereas inventory build-ups risk a breakdown to the $345.00 fallback.
- Wed21Apr
Q1 2027 results will update the market on sequential growth. Constructive momentum targets $395.00, while a missed top-line triggers the $285.00 fallback.
- Wed21Jul
Mid-year reporting will demonstrate the full synergy realization of the Empower deal. Synergistic top-line beats target $445.00, but lingering operational inefficiencies risk the $335.00 fallback.
Past
- Wed30Sep
Actual outcome: Bull · $410.20 at outcome
Stock rose 5.9% from event to outcome date, aligning with the bull trajectory.
Analog Devices is expected to provide key regulatory and integration updates regarding its $1.5B acquisition of Empower Semiconductor. Favorable approval trajectories set a target of $410.00, whereas FTC friction or US-China trade policy tightening presents a fallback of $305.00.
- Wed20May
Actual outcome: Bull · $419.94 at outcome
Analog Devices delivered a strong Q2 report, featuring record revenue, expanded margins, and Q3 guidance that topped Wall Street estimates. The company also announced a $1.5 billion acquisition of Empower Semiconductor to bolster its AI power management portfolio. Despite these robust fundamentals, the stock's reaction was muted, as much of the anticipated growth and margin improvement was already priced in following a massive run-up prior to earnings.
Analog Devices delivered a strong Q2 report, featuring record revenue, expanded margins, and Q3 guidance that topped Wall Street estimates. The company also announced a $1.5 billion acquisition of Empower Semiconductor to bolster its AI power management portfolio. Despite these robust fundamentals, the stock's reaction was muted, as much of the anticipated growth and margin improvement was already priced in following a massive run-up prior to earnings.
