Analog Devices, Inc. (ADI)
Up 12% in 2024, You May Want to Buy This Semiconductor Stock Before It Goes on a Bull Run
Analog Devices' top and bottom lines fell last quarter, but its guidance suggests a turnaround is on the way. The company points out that inventory levels in its end markets are normalizing, and order momentum is picking up.
Analog Devices Up 10.3% YTD: Should You Hold or Fold the Stock?
ADI is benefiting from a strong portfolio and expanding partnerships amid macro headwinds and stiff competition.
Analog Devices, Inc. (ADI) Citi's 2024 Global TMT Conference (Transcript)
Analog Devices, Inc. (NASDAQ:ADI ) Citi's 2024 Global TMT Conference September 4, 2024 1:20 PM ET Company Participants Mike Lucarelli - VP of Finance, IR, FP&A Conference Call Participants Chris Danely - Citi Chris Danely Everyone, I'm Chris Danely, your friendly neighborhood semiconductor analyst here. It's our pleasure next to have one of our topics, Analog Devices.
Macro, Geopolitics Limit 2024 Semiconductor Growth: 2 Stocks
Strong underlying growth in Analog/Mixed Signal semiconductors will be tempered by macro and geopolitical uncertainty. Our eyes are on MX and ADI.
Analog Devices: Effectively Entered A Growth Cycle
Recommended buy rating for Analog Devices due to start of a growth cycle. 3Q24 saw first sequential revenue growth, strong margins, and positive booking metrics. China recovery momentum and robust inventory management position ADI are positive.
Analog Devices Sends Signal to Market: Growth Will Return
Analog Devices NASDAQ: ADI is not out of the weeds, and it will take time to recover fully, but the bottom is in for the semiconductor business, and the rebound is underway. The takeaway from the FQ3 results is that sequential growth persists, and improving client inventory and order volumes point to YoY growth resuming by FQ1 2025.
These Analysts Revise Their Forecasts On Analog Devices After Q3 Results
Analog Devices, Inc. ADI posted better-than-expected third-quarter financial results on Wednesday.
Analog Devices: Slump Might Be Over, But The Rally Isn't Here - Still Hold
We maintain our hold rating on Analog Devices, even after investors' positive reaction to 3Q24 results and outlook for sequential growth. We think the worst of the slump might be over, but the rally isn't here yet. Management's commentary on the industrial and auto-markets (which account for 75% of total sales) confirms a muted demand environment at the back end of the year.
Why Analog Devices Stock Briefly Jumped 6% Today
Analog Devices' stock jumped 6% after reporting strong Q3 earnings. CFO Rich Puccio's earnings call comments regarding the auto industry tempered the market reaction.
Analog Devices (ADI) Q3 Earnings & Revenues Beat, Decline Y/Y
Analog Devices' (ADI) third-quarter fiscal 2024 results are hurt by weakness in industrial, communications and automotive end markets.
Analog Devices, Inc. (ADI) Q3 2024 Earnings Call Transcript
Analog Devices, Inc. (NASDAQ:ADI ) Q3 2024 Earnings Conference Call August 21, 2024 10:00 AM ET Company Participants Michael Lucarelli - Vice President, Investor Relations and FP&A Vincent Roche - Chief Executive Officer and Chair of the Board of Directors Richard Puccio - Executive Vice President and Chief Financial Officer Conference Call Participants Tore Svanberg - Stifel Joseph Moore - Morgan Stanley Vivek Arya - Bank of America Securities Timothy Arcuri - UBS Toshiya Hari - Goldman Sachs Stacy Rasgon - Bernstein Research Christopher Danley - Citigroup Harlan Sur - JPMorgan Joshua Butler - TD Cowen Operator Good morning. And welcome to the Analog Devices ' Third Quarter Fiscal Year 2024 Earnings Conference Call, which is being audio webcast via telephone and over the web.
ADI Stock Earnings: Analog Devices Beats EPS, Beats Revenue for Q3 2024
Analog Devices (NASDAQ: ADI ) just reported results for the third quarter of 2024. Analog Devices reported earnings per share of $1.58.
