Analog Devices (ADI) call put ratio 1 call to 2.5 puts into quarter results
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Deutsche Bank Reiterates Hold Rating on Analog Devices (ADI)
August 21, 2024 3:48 PM EDTDeutsche Bank analyst Ross Seymore reiterated a Hold rating and $225.00 price target on Analog Devices (NASDAQ: ADI)
The analyst comments "The company delivered a solid report/guide, with a top-line beat in the July quarter ($2.3b vs. midpoint guide of $2.27b) and a solid raise in their October quarter guide (up ~+4% q/q at the midpoint). However, ADI's Industrial and Automotive segments both underperformed expectations in July (-3%/-1% vs. DBe, respectively), as... More
Analog Devices (ADI) earnings, revenue top Q3 expectations
August 21, 2024 7:13 AM EDT(Updated - August 21, 2024 9:34 AM EDT)
Analog Devices (NASDAQ: ADI) shares rallied at the open on Wednesday after reporting better-than-expected third-quarter earnings and revenue, along with an optimistic outlook for the fourth quarter.
At the time of writing, ADI is up 1.7% from Tuesday's close.
The semiconductor company posted adjusted earnings per share of $1.58 for the quarter ended August 3, beating analyst estimates of $1.51. Revenue... More
Stifel Reiterates Buy Rating on Analog Devices (ADI)
August 19, 2024 5:50 AM EDTStifel analyst Tore Svanberg reiterated a Buy rating and $265.00 price target on Analog Devices (NASDAQ: ADI).
The analyst comments "Expect revs in-line vs. our Jul Q est. (+5.1% q/q), consistent with management expectations for the prior Apr quarter to represent the... More
