Analog Devices jumps as earnings beat and upbeat outlook signal strengthening demand

Analog Devices (ADI) is up 4.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The stock appears to be rising after Analog Devices reported a quarterly earnings and revenue beat and issued second-quarter guidance above market expectations. Management commentary pointing to broad bookings strength (including Industrial) and record Data Center orders likely reinforced confidence that demand is accelerating.

Details:

Analog Devices reported fiscal first-quarter 2026 revenue of $3.16 billion and adjusted EPS of $2.46, ahead of consensus expectations.

The company’s fiscal second-quarter outlook called for about $3.5 billion in revenue (± $100 million) and adjusted EPS of $2.88 (± $0.15), implying continued sequential growth.

Management noted bookings growth with broad strength in Industrial and record orders in its Data Center segment, supporting a more optimistic demand narrative.

The board approved an 11% dividend increase to $1.10 per share, extending the company’s multi-decade streak of annual dividend raises.

Sources:

Analog Devices Investor Relations

Barron's

Investors Business Daily

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ADI Insider Trading Activity

$ADI insiders have traded $ADI stock on the open market 82 times in the past 6 months. Of those trades, 0 have been purchases and 82 have been sales.

Here’s a breakdown of recent trading of $ADI stock by insiders over the last 6 months:

VINCENT ROCHE (Chair & CEO) has made 0 purchases and 7 sales selling 70,000 shares for an estimated $17,912,318.
RAY STATA has made 0 purchases and 67 sales selling 31,250 shares for an estimated $8,583,779.
MARTIN COTTER (SVP, Vertical Business Units) has made 0 purchases and 2 sales selling 17,500 shares for an estimated $4,434,043.
MICHAEL SONDEL (CAO (principal acct. officer)) sold 8,169 shares for an estimated $2,271,234
VIVEK JAIN (EVP, Global Operations) sold 5,913 shares for an estimated $1,572,134
KATSUFUMI NAKAMURA (SVP, Chief Customer Officer) has made 0 purchases and 3 sales selling 3,490 shares for an estimated $912,909.
EDWARD H. FRANK sold 1,000 shares for an estimated $242,740

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$ADI Hedge Fund Activity

We have seen 896 institutional investors add shares of $ADI stock to their portfolio, and 884 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 14,268,355 shares (-75.2%) from their portfolio in Q4 2025, for an estimated $3,869,577,876
BANK OF AMERICA CORP /DE/ added 3,120,366 shares (+47.3%) to their portfolio in Q4 2025, for an estimated $846,243,259
FRANKLIN RESOURCES INC removed 1,999,819 shares (-32.1%) from their portfolio in Q4 2025, for an estimated $542,350,912
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,687,843 shares (-99.7%) from their portfolio in Q3 2025, for an estimated $414,703,025
AMUNDI removed 1,425,490 shares (-22.9%) from their portfolio in Q4 2025, for an estimated $386,592,888
GENERATION INVESTMENT MANAGEMENT LLP removed 1,316,607 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $357,063,818
FARALLON CAPITAL MANAGEMENT LLC removed 1,299,500 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $352,424,400

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$ADI Congressional Stock Trading

Members of Congress have traded $ADI stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $ADI stock by members of Congress over the last 6 months:

REPRESENTATIVE JULIE JOHNSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 12/18, 11/13.
REPRESENTATIVE RICHARD MCCORMICK purchased up to $15,000 on 11/05.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$ADI Analyst Ratings

Wall Street analysts have issued reports on $ADI in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

B of A Securities issued a "Buy" rating on 01/21/2026
Wells Fargo issued a "Overweight" rating on 01/15/2026
Baird issued a "Outperform" rating on 11/26/2025
Benchmark issued a "Buy" rating on 11/26/2025
Evercore ISI Group issued a "Outperform" rating on 11/26/2025
Cantor Fitzgerald issued a "Overweight" rating on 09/30/2025

To track analyst ratings and price targets for $ADI, check out Quiver Quantitative's $ADI forecast page.

$ADI Price Targets

Multiple analysts have issued price targets for $ADI recently. We have seen 17 analysts offer price targets for $ADI in the last 6 months, with a median target of $340.0.

Here are some recent targets:

Tore Svanberg from Stifel set a target price of $360.0 on 02/17/2026
C.J. Muse from Cantor Fitzgerald set a target price of $400.0 on 02/17/2026
Tom O'Malley from Barclays set a target price of $375.0 on 02/13/2026
Christopher Rolland from Susquehanna set a target price of $360.0 on 01/22/2026
Vivek Arya from B of A Securities set a target price of $350.0 on 01/21/2026
Rick Schafer from Oppenheimer set a target price of $350.0 on 01/16/2026
Joe Quatrochi from Wells Fargo set a target price of $340.0 on 01/15/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.