Analog Devices rises on upbeat Q2 earnings forecast

Analog Devices

18/02/2026 13:00

** Shares of chipmaker Analog Devices ADI.O rise 6.7% to $360 premarket

** Co sees Q2 rev of $3.5 bln plus or minus $100 mln, above Wall Street estimates of $3.23 bln, according to LSEG data

** Also sees Q2 adj.EPS of $2.88 plus or minus 15 cents, also above estimates of $2.46

 ** Co sees increased demand for its semiconductors from ai-fueled industrial and data center customer demand

** ADI tops Q1 revenue and Q1 adj.EPS analyst estimates- LSEG data

** 28 of 39 brokerages rate the stock "buy" or higher, 11 "hold"; their median PT is $315- LSEG data

** Up to last close, stock up 24.4% YTD vs 27.6% rise in 2025

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))