ADI Stock Recent News

Undervalued companies don't receive as much attention as they deserve. Most investors hope to capture momentum on stocks performing very well, but they are overvalued, which can lead to losses.

Analog Devices (ADI) reported earnings 30 days ago. What's next for the stock?

Plenty of tech buzzwords have been swirling around over the past couple of years, and nanotechnology is one of them. Nanotechnology involves tweaking matter at a molecular scale, and when things get smaller, they have a greater surface area than their size, impacting their behavior.

ADI reported 1Q24 revenue of $2.513 billion, slightly above estimates, with sequential declines in most segments. Booking momentum remains strong, suggesting a recovery is underway, and inventory reduction efforts are on track. Gross margin performance was resilient, and management plans to normalize capital expenditures in FY25, leading to potential free cash flow growth.

Maxim acquisition drove Analog Devices' exceptional 64.2% growth in 2022, increasing analog market share to tie with Texas Instruments. Maxim contributed 41.7% of ADI's growth, mainly in the automotive segment, with expectations for continued revenue growth. ADI's slowdown in 2023 attributed to China's negative growth, inventory issues, with anticipated improvements in 2024 driven by various factors.

A new list of 27 new dividend increases, including King Kimberly-Clark and three other champions.

Five stocks that have raised their dividend recently are ASC, MUSA, HOG, HSTM and ADI.

Analog Devices Inc (NASDAQ: ADI) just announced to have double downed on its partnership with Taiwan Semiconductor Mfg. Co. Ltd (NYSE: TSM).

Analog Devices' (ADI) results for the fiscal first-quarter are hurt by weakness across the industrial, communications and consumer markets.

Minutes of January FOMC Meet Expected Before Closing Bell.