Analog Devices beats Q1 revenue estimates, driven by strength in Industrial and Communications sectors, dividend up 11%

Analog Devices

18/02/2026 12:10

Overview

Semiconductor leader's fiscal Q1 revenue rose, beating analyst expectations

Adjusted EPS for fiscal Q1 beat analyst expectations

Company raised quarterly dividend 11% and returned $1 bln to shareholders

Outlook

Analog Devices forecasts Q2 revenue of $3.5 bln, +/- $100 mln

Company expects Q2 reported EPS of $2.19, +/- $0.15

Analog Devices projects Q2 adjusted EPS of $2.88, +/- $0.15

Result Drivers

INDUSTRIAL AND COMMUNICATIONS GROWTH - Revenue growth was driven by strong performance in Industrial and Communications sectors

DATA CENTER ORDERS - Record orders in the Data Center segment contributed to bookings growth

INNOVATION AND EXECUTION - CEO attributed success to relentless innovation and strong execution against growth tailwinds

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$3.16 bln
$3.12 bln (26 Analysts)
Q1 Adjusted EPS
Beat
$2.46
$2.31 (25 Analysts)
Q1 EPS
$1.69
Q1 Adjusted Operating Income
Beat
$1.44 bln
$1.36 bln (25 Analysts)
Q1 Adjusted Operating Margin
45.50%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 28 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Analog Devices Inc is $315.00, about 6.7% below its February 17 closing price of $337.51

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nPn3DJvZ5a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)