Chipmaker Analog Devices rises on upbeat Q4 outlook, Q3 results beat

Analog Devices

20/08/2025 14:53

Updates

** Shares of chipmaker Analog Devices ADI.O rise 2.3% to $235.83

** ADI forecasts Q4 adj. EPS at $2.22, (±10 cents), and revenue at $3 bln (±$100 mln), exceeding Wall Street estimates of $2.03 and $2.82 bln, respectively, as per LSEG data

** Co also beats analysts' expectations for Q3 revenue and adj. profit

** "We closed the third quarter with continued backlog growth and healthy bookings trends, notably in the Industrial end market" - CFO Richard Puccio

** 25 of 36 brokerages rate the stock "buy" or higher, 11 "hold"; their median PT is $263.50

** Including session's move, stock had risen 11.4% YTD, compared with a 12.7% increase in the Philadelphia SE Semiconductor index .SOX

(Reporting by Ragini Mathur in Bengaluru)

((Ragini.Mathur@thomsonreuters.com;))