Analog Devices Option Alert: Jun, 2027 $220 Calls at the Bid: 1037 vs 0 OI; Earnings 5/22 Before Open 

Analog Devices Option Alert: Jun, 2027 $220 Calls at the Bid: 1037 @ $48.2 vs 0 OI; Earnings 5/22 Before Open Ref=$224.825

Analog Devices Option Alert: Jun, 2027 $220 Calls at the Bid: 136 vs 0 OI; Earnings 5/22 Before Open 

Analog Devices Option Alert: Jun, 2027 $220 Calls at the Bid: 136 @ $48.3 vs 0 OI; Earnings 5/22 Before Open Ref=$224.84

Analog Devices Option Alert: Jun, 2027 $220 Calls at the Ask: 900 vs 0 OI; Earnings 5/22 Before Open 

Analog Devices Option Alert: Jun, 2027 $220 Calls at the Ask: 900 @ $48.3 vs 0 OI; Earnings 5/22 Before Open Ref=$223.81

Analog Devices (NASDAQ:ADI) 주식

ANALOG DEVICES INC

Analog Devices

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; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.

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CNN 머니 공포·탐욕 지수는 전반적인 시장 심리가 하락했음을 보여 주었지만, 지수는 수요일에 &#34;탐욕&#34; 영역에 머물렀다.미국 주식은 수요일에 하락세로 마감했으며, 다우존스 지수는 세션 중에 800포인트 이상 하락했다. 투자자들은 재정 정책에 대한 우려가 다시 커지면서 조심스러운 태도를 유지했다.

실적 약세와 재정 우려 속 다우 지수 800p 이상 하락: 투자 심리 약화, 공포 지수는 &#39;탐욕&#39; 영역

Feb,19,,2020,San,Mateo, - ,Ca, - ,Usa,-

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목요일(22일) 아침 미국 지수 선물이 소폭 상승세를 보이는 가운데, 오늘 투자자들의 주목을 받을 수 있는 주식은 다음과 같다. 목요일 주목해야 할 주식: BJ홀세일 클럽, 줌 커뮤니케이션스, 아날로그 디바이스, 스노우플레이크 및 윌리엄스 소노마

목요일 주목해야 할 주식: BJ홀세일 클럽, 줌 커뮤니케이션스, 아날로그 디바이스, 스노우플레이크 및 윌리엄스 소노마

Chips, semiconductor shutterstock_2198551397

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뱅크오브아메리카 애널리스트들은 미국 펀드매니저들이 S&amp;P 500에서 반도체 및 전자 설계 자동화 주식에 얼마나 많은 비중을 투자하고 있는지 조사했다. 4월 말 데이터에 따르면 반도체 주식의 상대적 가중치는 0.90배로, 전년 대비(2024년 12월 1.01배) 크게 하락했다.가장 많은 비중을 보유하고 있는 종목은 단연 엔비디아(NASDAQ:NVDA)로 펀드매니저의 약 73%가 이 종목을 보유하고 있다. 포지션은 지난 한 해 동안 꾸준히 증가(전기 대비 +67bps, 전년 대비 +518bps)했다.

엔비디아·브로드컴, 반도체 섹터 하락에도 펀드매니저 보유분 증가

Analog Devices Inc

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Shares of chip stocks are trading lower amid reports indicating the Trump administration is planning wider China tech restrictions.

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Shares of semiconductor companies are trading higher, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July. Additionally, the sector may be up in anticipation of NVIDIA's upcoming Q1 report.

Wall Street analysts rerated Analog Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) after reporting <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45564073/analog-devices-cfo-confirms-cyclical-upturn-sees-continued-growth" rel="noreferrer noopener">fiscal second-quarter</a>&nbsp;results on Thursday.
The company&#8217;s quarterly revenue increased 22% to $2.64 billion, beating the analyst consensus estimate of $2.51 billion. Adjusted EPS of $1.85 beat the&nbsp;analyst consensus estimate&nbsp;of $1.70.
Analog Devices expects fiscal third-quarter 2025 revenue of $2.65 billion-$2.85 billion, above the&nbsp;analyst consensus estimate&nbsp;of $2.62 billion. The company projects adjusted EPS of $1.82-$2.02 against the analyst consensus estimate of $1.83.
<ul class="wp-block-list">
<li>Cantor Fitzgerald analyst Matthew Prisco reiterated a Neutral and a <a href="https://www.benzinga.com/quote/ADI/analyst-ratings" target="_blank" rel="noreferrer noopener">$250&nbsp;price target</a>.</li>
<li>Benchmark analyst David Williams maintained a Buy and lowered the price target from&nbsp;$275&nbsp;to&nbsp;$260.</li>
<li>Needham analyst Quinn Bolton reiterated with a Hold.</li>
<li>JP Morgan analyst Harlan Sur had an Overweight rating with a price target of $300.</li>
</ul>
Also Read: <a href="https://www.benzinga.com/tech/25/05/45235394/nvidia-broadcom-lead-fund-manager-buys-even-as-semiconductor-sector-cools-analysts" target="_blank" rel="noreferrer noopener">Nvidia, Broadcom Lead Fund Manager Buys Even As Semiconductor Sector Cools: Analysts</a>
Cantor Fitzgerald: Similar to Analog peers, Analog Devices offered a solid beat and raise. Prisco noted a cyclical recovery in Industrials coupled with cyclical and idiosyncratic growth elsewhere.
Within Industrials, all sub-segments and geographies grew quarter over quarter. Factory Automation and the Broad-Based sub-segments also recovered.
Overall, book-to-bill was > 1.0, inventory downstream remains lean, and the company is bullish about the current cyclical upturn. Prisco noted some pull-ins that helped the April quarter, with no benefit likely in July. Industrials are still 10-15% below the trend line. A step up in operating expenditure related to variable compensation is weighing on the operating margin outlook into July. Still, there was a return to ~70% gross margins in the quarter.
Benchmark: Williams noted that Analog Devices&#8217; quarterly results and outlook were much better than the stock reaction suggested, with shares down over 4% on the day despite the healthy beat and raise. 
The analyst said the cyclical recovery continued gaining momentum, with bookings, backlog, and demand trends improving across all segments and geographies. Commentary around the automotive pull-ins spooked investors, although the company was obvious that order patterns have since normalized. 
Williams noted that the most encouraging takeaway from the report is the meaningful improvement from the industrial end market, where bookings and revenue grew across all subsegments. Industrial has been a mixed bag throughout the earnings season. 
Still, the results point to positive trends that should translate into better performance for the semi-group in the June quarter, per the analyst.&nbsp;&nbsp;
Needham: Bolton noted that Analog Devices reported results and guidance that easily exceeded Street&#8217;s expectations, which were driven by strength across most end markets. 
As per Bolton, auto grew +16% Q/Q, which came in much stronger than anticipated on tariff pull-ins in North America and Europe. He stated that Industrial increased +8% Q/Q in the quarter and is expected to grow another +10% Q/Q in the third quarter, driven by broad-based strength demonstrating early signs of a cyclical recovery. 
Bolton remarked that the operating margin will soon be under pressure due to higher variable compensation and increased salary expenses.
JPMorgan: Sur noted that Analog Devices delivered better quarterly results, driven by continued cyclical recovery trends and some customer demand pull-forward in their auto business.
However, the analyst noted that automotive revenue is expected to decline due to the headwind from the quarter&#8217;s demand pull forward. The industrial inventory correction is now complete, and the company will be shipping to end demand in the July quarter.&nbsp;&nbsp;
The team has multiple company-specific growth drivers, such as the AI-related markets, which can grow 20%- 25% Y/Y in fiscal 2025, and aerospace and defense strength, which is tracking to $1 billion in annualized revenues for the July quarter, Sur stated. 
Regarding tariffs, Analog Devices saw an acceleration in automotive sell-through and orders. Both the Americas and Europe automotive sectors are up 20% Q/Q following the announcement of the 25% auto tariff. However, the company saw no signs of demand pull-forward in other business segments.
Analog Devices is the first broad-based analog or microcontroller company to highlight customer demand pull-forward. Sur says this could likely weigh on second-half seasonal trends.
The first-half view is solid, though the analyst expected a weaker macro demand environment and sub-seasonal second-half trends.
Price Action:&nbsp;ADI stock is trading lower by 0.75% to $210.35 at last check Friday.
Read Next:
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Image: Shutterstock

Analyst Color

Price Target

Reiteration

Analog Devices Powers Past Estimates, But Shares Cool As Q2 Beat Masks Margin Pressure

UBS analyst Timothy Arcuri maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Buy and lowers the price target from $295 to $285.

UBS Maintains Buy on Analog Devices, Lowers Price Target to $285

Wells Fargo analyst Joe Quatrochi maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Equal-Weight and raises the price target from $200 to $205.

Wells Fargo Maintains Equal-Weight on Analog Devices, Raises Price Target to $205

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Piper Sandler raised Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) price target from $785 to $825. Piper Sandler analyst Arvind Ramnani maintained an Overweight rating. Intuit shares closed at $666.07 on Thursday. See how other analysts <a href="https://www.benzinga.com/quote/INTU/analyst-ratings">view this stock</a>.</li>
<li>Needham slashed the price target for Deckers Outdoor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) from $150 to $120. Needham analyst Tom Nikic maintained a Buy rating. Deckers Outdoor shares closed at $126.09 on Thursday. <a href="https://www.benzinga.com/quote/DECK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co raised U.S. Gold Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/USAU#NASDAQ">USAU</a>) price target from $14 to $15. HC Wainwright &amp; Co. analyst Heiko Ihle maintained a Buy rating. U.S. Gold shares closed at $10.44 on Thursday. See how other analysts vie<a href="https://www.benzinga.com/quote/USAU/analyst-ratings">w this stoc</a>k.</li>
<li>WestPark Capital increased the price target for Workday, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) from $315 to $328. WestPark Capital analyst Curtis Shauger maintained a Buy rating. Workday shares closed at $272.07 on Thursday. <a href="https://www.benzinga.com/quote/WDAY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush increased the price target for Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) from $350 to $500. Wedbush analyst Daniel Ives maintained an Outperform rating. Tesla shares closed at $341.04 on Thursday. See how other analysts v<a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">iew this stock</a>.</li>
<li>Benchmark cut Analog Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) price target from $275 to $260. Benchmark analyst David Williams maintained a Buy rating. Analog Devices shares settled at $211.93 on Thursday. <a href="https://www.benzinga.com/quote/ADI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. raised Delcath Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCTH#NASDAQ">DCTH</a>) price target from $24 to $29. HC Wainwright &amp; Co. analyst Swayampakula Ramakanth maintained a Buy rating. Delcath shares closed at $16.15 on Thursday. <a href="https://www.benzinga.com/quote/DCTH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Raymond James cut Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) price target from $145 to $130. Raymond James analyst Buck Horne reiterated a Strong Buy rating. Toll Brothers shares closed at $104.14 on Thursday.  <a href="https://www.benzinga.com/quote/TOL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup increased the price target for Seagate Technology Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) from $125 to $140. Citigroup analyst Asiya Merchant maintained a Buy rating. Seagate shares settled at $108.86 on Thursday. <a href="https://www.benzinga.com/quote/STX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Lake Street raised Titan Machinery Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) price target from $15 to $18. Lake Street analyst Ben Klieve maintained a Hold rating. Titan Machinery shares closed at $20.13 on Thursday. <a href="https://www.benzinga.com/quote/TITN/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying TSLA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="596" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23111258/image-307-1024x596.png" alt="" class="wp-image-926247" style="width:677px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23111258/image-307-1024x596.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23111258/image-307-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23111258/image-307-768x447.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23111258/image-307.png 1082w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Intraday Update

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Tesla To Rally Around 47%? Here Are 10 Top Analyst Forecasts For Friday

Cantor Fitzgerald analyst Matthew Prisco reiterates Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Neutral and maintains $250 price target.

Cantor Fitzgerald Reiterates Neutral on Analog Devices, Maintains $250 Price Target

Barclays analyst Tom O'Malley maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Equal-Weight and raises the price target from $170 to $185.

Barclays Maintains Equal-Weight on Analog Devices, Raises Price Target to $185

Morgan Stanley analyst Joseph Moore maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Overweight and lowers the price target from $214 to $212.

Morgan Stanley Maintains Overweight on Analog Devices, Lowers Price Target to $212

Evercore ISI Group analyst Mark Lipacis maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Outperform and raises the price target from $231 to $280.

Evercore ISI Group Maintains Outperform on Analog Devices, Raises Price Target to $280

Piper Sandler analyst Harsh Kumar maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Neutral and lowers the price target from $240 to $215.

Piper Sandler Maintains Neutral on Analog Devices, Lowers Price Target to $215

Analog Devices shares are trading lower after Benchmark cut its price target on the stock from $275 to $260. Also, Needham reiterated a Hold rating.

Benchmark analyst David Williams maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Buy and lowers the price target from $275 to $260.

Benchmark Maintains Buy on Analog Devices, Lowers Price Target to $260

Needham analyst Quinn Bolton reiterates Analog Devices (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adi#NASDAQ">ADI</a>) from Hold to Hold.Needham analyst Quinn Bolton reiterates Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) from Hold to Hold.

Needham Reiterates Hold on Analog Devices to Hold

Wall Street edges higher as GOP tax bill clears the House and bond yields ease, helping investors shake off prior losses while digesting mixed <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45567476/us-business-activity-rebounds-in-may-but-tariff-fueled-inflation-surges-at-fastest-pace-in-3-years">May business activity data.</a>
President Donald Trump's "one big beautiful tax bill" narrowly passed the House in a 215-214 vote and now moves to the Senate. According to the Congressional Budget Office, the proposed legislation is projected to add approximately $3 trillion to the national deficit over the next decade.
U.S. Treasury yields saw a whipsaw session, with the 30-year bond yield initially spiking to 5.15% before retreating by 9 basis points to 5.06% by midday in New York. The reversal in long-term rates signaled renewed investor appetite for long-duration bonds amid attractive yields.
Wednesday's sharp rise in yields had triggered a broad afternoon selloff in equities, but Thursday's pullback eased pressure on risk assets and improved investor sentiment.
The S&amp;P 500 rose 0.3% to 5,860 on Thursday, slightly recouping losses from the previous session. The tech-heavy Nasdaq 100 outperformed with a 0.7% gain.
Technology and consumer discretionary stocks led gains, riding momentum from falling yields. In contrast, defensive sectors like utilities and healthcare lagged. 
The U.S. dollar index (DXY) is on track to snap a three-day losing streak, supported by stronger-than-expected Purchasing Managers' Index (PMI) data for May. While the surveys pointed to solid growth, they also revealed renewed inflationary pressures, which tempered hopes for near-term Federal Reserve rate cuts.
Markets now fully price in a 25-basis-point rate cut only by December 2025, compared to prior expectations of an October move, based on CME Group's FedWatch Tool.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) extended its 2025 rally, jumping 2% above $111,000 to set fresh all-time highs. The world's largest cryptocurrency is now up 20% year-to-date. 
Gold prices, however, fell 0.7% to trade below $3,200 per ounce. Despite Thursday's drop, the precious metal has surged 25% so far in 2025, outperforming other major asset classes, continuing to attract inflows amid sticky inflation and uncertain fiscal policy paths.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %Chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,220.06</td>
<td>0.7%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,861.99</td>
<td>0.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,976.57</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,049.02</td>
<td>0.1%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:20 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.3% up to $584.61.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) inched 0.2% higher to $419.70.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.7% to $516.50.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) inched 0.1% higher to $203.51.</li>
<li>The&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) outperformed, up 0.6%; the&nbsp;Utilities&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 1.5%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks reacting to earnings reports included: 
<ul class="wp-block-list">
<li>Analog Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) down 3.88%</li>
<li>Ralph Lauren Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>) up 0.51%</li>
<li>BJ&#8217;s Wholesale Club Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) down 0.92%</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) up 3.38%</li>
<li>SM Energy Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) down 0.35%</li>
</ul>
Solar stocks tumbled after the GOP tax bill cleared the House, with the sector seeing sharp losses amid concerns over reduced clean energy incentives.
<ul class="wp-block-list">
<li>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) down 39%</li>
<li>Invesco Solar ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NASDAQ">TAN</a>) down 8%</li>
<li>Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) down 19%</li>
</ul>
As the tax bill suggests increased deficits that could boost spending in sectors like defense and homeland security, tech-focused defense stocks moved higher.
<ul class="wp-block-list">
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) up 4.5%</li>
<li>CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) up 2.6%</li>
</ul>
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Stocks Rebound As Treasury Yields Fall, Bitcoin Tops $111,000: What's Driving Markets Thursday?

ADI stock has given up its prior gain. Analog Devices shares were trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.

Analog Devices, Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) shares are trading higher in the premarket session on Thursday after the company reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45561055/analog-devices-reports-fiscal-second-quarter-2025-financial-results" rel="noreferrer noopener">fiscal second-quarter&nbsp;results</a>.
The company&#8217;s quarterly revenue increased 22% year-on-year to $2.64 billion, beating the analyst consensus estimate of $2.51 billion. Adjusted EPS of $1.85 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate</a> of $1.70.
Analog Devices&#8217;&nbsp;Industrial revenue grew&nbsp;by 16.8% Y/Y&nbsp;to $1.16 billion. Automotive&nbsp;revenue climbed 24.2%&nbsp;Y/Y&nbsp;to $849.51 million.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/04/44770461/intel-on-slump-as-china-hits-us-made-chips-with-tariffs-amd-and-taiwan-semiconductor-rise-on-exemption-boost" rel="noreferrer noopener">China Hits US-Made Chips With Tariffs, But Those Outsourcing To Taiwan Semiconductor Exempt</a>
Consumer revenue grew by 29.7% to $317.76 million, and Communications revenue increased by 32.1% to $315.06 million.
The adjusted gross margin improved by 270 bps to 69.4%. The adjusted operating margin climbed by 220 bps to 41.2%.
Analog Devices held $2.38 billion in cash and equivalents&nbsp;as of May 3, 2025, generating $819.5 million in operating cash flow.
The Analog Devices Board declared a quarterly cash dividend of&nbsp;$0.99&nbsp;per outstanding share of common stock. The dividend will be paid on&nbsp;June&nbsp;18, 2025, to all shareholders of record at the close of business on&nbsp;June&nbsp;4, 2025.
CEO and Chair Vincent Roche said that against a backdrop of global trade volatility, the company&#8217;s performance reflects the ongoing cyclical recovery and the strength and resiliency of its business model.
CFO&nbsp;Richard Puccio said second-quarter bookings accelerated across all end markets and regions, resulting in continued sequential backlog growth. The improving demand signals it saw throughout its fiscal second quarter support its outlook for continued growth in the third quarter and reinforce its view that it is in a cyclical upturn.
Analog Devices expects fiscal third-quarter 2025 revenue of $2.65 billion-$2.85 billion, above the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">analyst consensus estimate</a> of $2.62 billion. The company projects adjusted EPS of $1.82-$2.02 against the analyst consensus estimate of $1.83.
Price Action: ADI stock is trading higher by 3.15% to $229.22 premarket at last check Thursday.
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Guidance

Movers

Analog Devices CFO Confirms Cyclical Upturn, Sees 'Continued Growth'

Analog Devices shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.

Analog Devices Sees Q3 Adj EPS $1.82-$2.02 vs $1.83 Est; Sees Sales $2.650B-$2.850B vs $2.62B Est

Earnings Beats

Analog Devices Q2 Adj. EPS $1.85 Beats $1.70 Estimate, Sales $2.64B Beat $2.51B Estimate

Press Releases

Analog Devices Appoints Andrea F. Wainer to its Board of Directors

Analog Devices, Inc. to Report First Quarter Fiscal Year 2025 Financial Results on Wednesday, February 19, 2025

Economics

Power Over Ethernet Controller Market to Reach $3.7 billion, Globally, by 2033 at 11.7% CAGR: Allied Market Research

Dividends

Analog Devices Raises Quarterly Dividend by 8% and Increases Share Repurchase Authorization by $10 Billion

Analog Devices Reports Fiscal First Quarter 2025 Financial Results

Analog Devices to Participate in Morgan Stanley Technology, Media &Telecom Conference

Analog Devices Introduces Expanded CodeFusion Studio™ Solution to Accelerate Product Development and Ensure Data Security

Analog Devices, Inc. to Report Second Quarter Fiscal Year 2025 Financial Results on Thursday, May 22, 2025

Analog Devices Reports Fiscal Second Quarter 2025 Financial Results

Analog Devices to Participate in Bernstein Strategic Decisions Conference

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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	Trade Type	Sentiment
10:05 AMMay 13, 2025	CALL	$220.00	Jun 17, 2027	746	2076	1037	Infinity	TRADE	BEARISH
10:05 AMMay 13, 2025	CALL	$220.00	Jun 17, 2027	746	2076	136	Infinity	TRADE	BEARISH
09:42 AMMay 13, 2025	CALL	$220.00	Jun 17, 2027	746	2073	900	Infinity	TRADE	BULLISH

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