Semiconductors are the silicon backbone of the digital revolution. The way we live and work is also changing with AI, which is creating secular demand for more powerful chips.
This theme has led to decent stock price performance as the industry’s six-month gain of 7.3% has nearly mirrored the S&P 500.
Analog Devices (ADI) beats expectations, projects growth in industrial & communications markets, new drivers in AI, aerospace & automation. JP Morgan ups price forecast to $310.
Piper Sandler notes that Analog Devices posted a solid quarter, with notable momentum in its industrial division and an overall growth outlook for the fourth quarter.
Manufacturer of analog chips Analog Devices (NASDAQ:ADI) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 24.6% year on year to $2.88 billion. On top of that, next quarter’s revenue guidance ($3 billion at the midpoint) was surprisingly good and 6.4% above what analysts were expecting. Its non-GAAP profit of $2.05 per share was 5.1% above analysts’ consensus estimates.
Shares of manufacturer of analog chips Analog Devices (NASDAQ:ADI)
jumped 4% in the afternoon session after the company reported second-quarter 2025 financial results that surpassed analyst expectations and provided optimistic forward-looking guidance. The semiconductor firm announced second-quarter revenue of $2.88 billion, a 24.6% year-over-year increase that surpassed the consensus estimate of $2.76 billion. Adjusted earnings per share also came in ahead of projections at $2.05, compared to the expected $1.95.
Looking ahead, Analog Devices issued optimistic guidance for the third quarter, forecasting revenue of approximately $3.00 billion. This projection is significantly above Wall Street's expectation of $2.82 billion, signaling management's confidence in continued demand and a broader cyclical recovery in the semiconductor industry.
A second day of selling pressure hit technology stocks tied to the AI theme on Wednesday, as sentiment cooled after an MIT report questioned the broad profitability of the new technology.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Analog Devices (ADI) reports strong Q3 results with 25% revenue increase and adjusted EPS of $2.05, beating analyst estimates. Stock up 3.92% premarket.
Manufacturer of analog chips Analog Devices (NASDAQ:ADI) announced better-than-expected revenue in Q2 CY2025, with sales up 24.6% year on year to $2.88 billion. On top of that, next quarter’s revenue guidance ($3 billion at the midpoint) was surprisingly good and 6.4% above what analysts were expecting. Its non-GAAP profit of $2.05 per share was 5.1% above analysts’ consensus estimates.
