Stifel Raises PT on Analog Devices (ADI), Keeps a Buy

​The standing follows the company's beardown Q2 2026 net posted connected May 20. During the quarter, Analog posted $3.62 cardinal successful gross and topped the anticipation of $3.52 billion. The EPS of $3.09 besides topped the expected $2.91. The show was driven by a 56% year-over-year maturation successful the Industrial Business segment. This conception is the largest segment, which contributes 50% to the full revenue.

​Management issued robust Q3 2026 guidance with a gross midpoint of $3.9 cardinal and adjusted EPS of $3.30, importantly higher than the expert statement of $3.62 cardinal and $3.00.

​Stifel noted that the raised terms people is based connected beardown earnings, arsenic it validates the firm's thesis from past quarter. Stifel noted that analog companies, including Analog Devices, Inc. (NASDAQ:ADI), were poised for a imaginable breakout successful 2026. Stifel believes that contempt the broader tech assemblage sell-off, Analog Devices remains an charismatic buying opportunity.

Analog Devices Inc. (NASDAQ:ADI) is simply a planetary semiconductor institution and a specializer successful information conversion, awesome processing, and powerfulness absorption chips. Analog's exertion is utilized crossed divers industries, including healthcare, automotive, and communications.

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