ADI stock icon

Analog Devices
ADI

$235.61
2.03%

Market Cap: 117B

 

About: Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.

Employees: 26,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 37 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

48% more call options, than puts

Call options by funds: $1.14B | Put options by funds: $772M

1% more repeat investments, than reductions

Existing positions increased: 571 | Existing positions reduced: 564

0.8% less ownership

Funds ownership: 86.8% [Q4 2023] → 86.0% (-0.8%) [Q1 2024]

1% less capital invested

Capital invested by funds: $85.5B [Q4 2023] → $84.2B (-$1.26B) [Q1 2024]

1% less funds holding

Funds holding: 1,538 [Q4 2023] → 1,518 (-20) [Q1 2024]

13% less first-time investments, than exits

New positions opened: 131 | Existing positions closed: 151

24% less funds holding in top 10

Funds holding in top 10: 54 [Q4 2023] → 41 (-13) [Q1 2024]

Research analyst outlook

37 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$205
13%
downside
Avg. target
$236
0%
upside
High target
$285
21%
upside

37 analyst ratings

26 positive
70%
11 neutral
30%
negative
0%
Cantor Fitzgerald
C J Muse
6%upside
$250
Neutral
Reiterated
16 Jul 2024
Goldman Sachs
Toshiya Hari
7%upside
$252
Buy
Maintained
28 May 2024
Baird
Tristan Gerra
6%upside
$250
Outperform
Maintained
24 May 2024
Citigroup
Christopher Danely
6%upside
$250
Buy
Maintained
23 May 2024
TD Cowen
Joshua Buchalter
15%upside
$270
Buy
Maintained
23 May 2024

Financial journalist opinion

Based on 7 articles about ADI published over the past 30 days