What Is Happening With Analog Devices Stock?

ADI: Analog Devices logo
ADI
Analog Devices

Analog Devices (ADI)’s stock skyrocketed, fueled by stronger-than-expected earnings and a brighter outlook amid a rebounding semiconductor market. With a sharp revenue lift and soaring profit margins, recent analyst upgrades only added fuel to the fire—let’s unpack the key moves behind this 74% surge.

Below is an analytical breakdown of stock movement into key contributing metrics.

  4212025 1162026 Change
Stock Price ($) 172.9 300.2 73.7%
Change Contribution By LTM LTM
Total Revenues ($ Mil) 9,337.6 11,019.7 18.0%
Net Income Margin (%) 16.7% 20.6% 22.9%
P/E Multiple 54.9 65.0 18.5%
Shares Outstanding (Mil) 496.1 490.8 1.1%
Cumulative Contribution 73.6%

So what is happening here? The stock surged 74%, driven by an 18% revenue boost, a 23% rise in net margin, and a 19% jump in P/E multiple. Let’s dig into the key events behind these gains.

Here Is Why Analog Devices Stock Moved

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  • Q2 FY2025 Earnings Beat: ADI reported strong Q2 FY2025 results, beating revenue and EPS expectations, signaling recovery.
  • Q3 FY2025 Mixed Results: Q3 FY2025 revenue beat estimates, but EPS lagged, reflecting market volatility.
  • Q4 FY2025 & FY26 Outlook: Strong Q4 FY2025 performance and robust Q1 FY2026 guidance fueled investor confidence.
  • Semiconductor Market Rebd: Industry recovery, driven by AI and automotive demand, positively impacted ADI.
  • Analyst Upgrades/Prc Hike: Analyst upgrades and planned price increases (Feb 2026) boosted future sentiment.

Our Current Assesment Of ADI Stock

Opinion: We currently find ADI stock relatively expensive. Why so? Have a look at the full story. Read Buy or Sell ADI Stock to see what drives our current opinion.

Risk: A good way to gauge risk is by seeing how much ADI stock can fall in major market downturns. It sank nearly 70% in the Dot-Com crash and about 59% during the Global Financial Crisis. More recent shocks hit too — a 34% drop in the Covid pandemic and around 26% in the 2022 inflation surge. Even the smaller sell-offs, like the 2018 correction, sliced 23% off the price. Solid fundamentals matter, but when the market turns south, ADI isn’t immune to sizable dips.

ADI stock may have seen strong gains recently, but investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.