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Analog Devices, Inc. - ADI STOCK NEWS

Welcome to our dedicated page for Analog Devices news (Ticker: ADI), a resource for investors and traders seeking the latest updates and insights on Analog Devices stock.

Analog Devices, Inc. (NASDAQ: ADI) is a leading global semiconductor company based in Wilmington, Massachusetts, specializing in data conversion, signal processing, and power management technology. ADI serves tens of thousands of customers worldwide, with a significant portion of its revenue stemming from industrial and automotive markets. Known for its innovative converter chips that translate analog signals to digital and vice versa, ADI's technology is pivotal in various applications, including wireless infrastructure equipment, digitized factories, and digital healthcare.

In fiscal 2023, Analog Devices achieved revenue milestones, recording $12.3 billion, driven by robust performances in its Industrial and Automotive segments. The company generated an operating cash flow of $4.8 billion and a free cash flow of $3.6 billion, enabling it to return more than $4.6 billion to shareholders through share repurchases and dividends.

Despite macroeconomic challenges, ADI continues to thrive, emphasizing innovation and customer engagement. The company recently announced significant technological advancements such as the Sensinel™ Cardiopulmonary Management (CPM) System, a wearable device with FDA 510(k) clearance, and partnerships with giants like Honeywell and BMW for enhanced connectivity solutions. Furthermore, ADI's hybrid manufacturing network, bolstered by strategic collaborations with TSMC and JASM, ensures resilient and scalable production capabilities.

With a product portfolio designed to leverage secular trends and a commitment to strategic investments, ADI remains confident in its ability to drive shareholder value. The company's forward-looking approach and consistent execution excellence position it as a steadfast leader in the semiconductor industry.

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Analog Devices, Inc. (NASDAQ: ADI) announced that CFO Prashanth Mahendra-Rajah will present at the 43rd Annual Raymond James Institutional Investors Conference on March 7, 2022, at 11:00 a.m. Eastern time in Orlando, Florida. The event will be available via a live webcast on the company's Investor Relations website, with an archived replay also accessible afterwards. Analog Devices specializes in analog and mixed-signal technologies, serving over 125,000 customers globally with a broad product range.

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Analog Devices, Inc. (ADI) reported revenue of $2.68 billion, a 72% year-over-year increase, with double-digit growth across all markets. Operating cash flow reached $3.16 billion, while free cash flow was $2.78 billion, equating to 33% of revenue. The company executed a $2.5 billion share repurchase and announced a 10% dividend increase, marking its 19th raise in 18 years. Fiscal 2022 second-quarter guidance estimates revenue of $2.80 billion, with reported EPS of $1.14.

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Analog Devices, Inc. (NASDAQ: ADI) has announced a quarterly dividend increase from $0.69 to $0.76, marking a 10% rise and the company's 19th increase in 18 years. The new annual dividend totals $3.04 per share and is payable on March 8, 2022, to shareholders of record by February 25, 2022. ADI has returned over $8 billion in dividends over 73 consecutive quarters. The company maintains a resilient operating model, returning 100% of free cash flow to shareholders while balancing dividends and share repurchases.

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Analog Devices, Inc. (NASDAQ: ADI) will release its financial results for the first quarter of fiscal year 2022 on February 16, 2022, at 7:00 a.m. Eastern time. Following the results, a conference call featuring key executives will occur at 10:00 a.m. Eastern time. The call can be accessed via the company's Investor Relations website or through a dedicated dial-in number. ADI operates in diverse markets, providing over 75,000 products and serving 125,000 customers globally, emphasizing its role in the digital economy.

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Analog Devices (NASDAQ: ADI) announced the appointment of President and CEO Vincent Roche as Chair of the Board, effective at its 2022 Annual Meeting of Shareholders. He succeeds Ray Stata, who held the position since 1973 and will continue as a director. Roche expressed gratitude for Stata's contributions to the company's success and looks forward to ongoing collaboration. Since its founding in 1965, ADI has been a leader in analog and digital technologies, serving over 125,000 customers globally with a diverse product portfolio.

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Analog Devices, Inc. (NASDAQ: ADI) announced that its CFO, Prashanth Mahendra-Rajah, will present at the J.P. Morgan 20th Annual Tech/Auto Forum on Wednesday, January 5, 2022, at 1:30 p.m. Eastern time. The event will take place virtually, and a live webcast can be accessed through the Investor Relations section of Analog Devices’ website. An archived replay will also be available after the event. Analog Devices is a leader in the digital economy, offering a wide range of technologies to over 125,000 customers worldwide.

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Analog Devices, Inc. (NASDAQ: ADI) has introduced a new RadioVerse System-on-Chip (SoC) series aimed at enhancing 5G radio units (RUs). The ADRV9040, the first in this series, features advanced RF signal processing, expands digital functionality, and significantly improves energy efficiency. Collaborating with Samsung, ADI's SoC aims to meet the growing demand for energy-efficient RUs. The new SoCs optimize the entire radio solution and reduce costs while enhancing performance, enabling operators to deploy more efficient 5G networks.

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Analog Devices, Inc. (NASDAQ: ADI) announced that CFO Prashanth Mahendra-Rajah will present at the UBS Global TMT Virtual Conference on December 8, 2021, at 10:00 a.m. Eastern time. The event will be accessible via live webcast on the investor relations section of the Analog Devices website, with an archived replay available afterward. Analog Devices is key in the digital economy, providing a wide range of analog and mixed signal technologies to over 125,000 customers globally.

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Analog Devices, Inc. (NASDAQ: ADI) announced that Vice President of Instrumentation, Karim Hamed, will speak at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2021, at 12:40 p.m. Eastern time. The conference will be accessible via a live webcast on the Investor Relations section of Analog Devices’ website, with an archived replay available afterwards. Analog Devices operates in various markets, serving 125,000 customers with over 75,000 products, focusing on analog and mixed signal, power management, RF, and sensor technologies.

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Analog Devices, Inc. (NASDAQ: ADI) announced that John Hassett, Senior Vice President and COO, will present at the 5th Annual Wells Fargo TMT Summit on December 2, 2021, at 1:20 p.m. Eastern time. The event will be accessible via a live webcast on the company's Investor Relations website, with an archived replay available afterward. Analog Devices is a leader in converting real-world data into insights, providing over 75,000 products across various markets and serving 125,000 customers globally. The company is based in Wilmington, MA.

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FAQ

What is the current stock price of Analog Devices (ADI)?

The current stock price of Analog Devices (ADI) is $211.78 as of December 20, 2024.

What is the market cap of Analog Devices (ADI)?

The market cap of Analog Devices (ADI) is approximately 103.1B.

What does Analog Devices, Inc. specialize in?

Analog Devices, Inc. specializes in data conversion, signal processing, and power management technology.

Where is Analog Devices, Inc. headquartered?

Analog Devices, Inc. is headquartered in Wilmington, Massachusetts.

What were Analog Devices' recent financial highlights?

In fiscal 2023, Analog Devices recorded revenue of $12.3 billion, an operating cash flow of $4.8 billion, and a free cash flow of $3.6 billion.

What are some of the key markets for Analog Devices?

Key markets for Analog Devices include industrial, automotive, and wireless infrastructure equipment.

Can you tell me about ADI’s Sensinel CPM System?

The Sensinel CPM System is a compact wearable device for remote management of cardiopulmonary health, recently receiving FDA 510(k) clearance.

What strategic partnerships has ADI recently announced?

ADI has announced partnerships with Honeywell and BMW for advanced connectivity technologies and building management systems.

How does ADI ensure resilient manufacturing capabilities?

ADI ensures resilient manufacturing through its hybrid manufacturing network and strategic collaborations with TSMC and JASM.

What is ADI’s approach to shareholder value?

ADI focuses on returning value to shareholders through share repurchases and dividends, supported by robust free cash flow generation.

How does ADI support sustainability and innovation?

ADI is dedicated to driving advancements in digitized factories, mobility, digital healthcare, and combating climate change through its innovative solutions.

What are ADI's future growth prospects?

ADI is well-positioned to capitalize on growth opportunities in the Intelligent Edge era, with investments in AI and customer-centric innovations.

Analog Devices, Inc.

Nasdaq:ADI

ADI Rankings

ADI Stock Data

103.12B
495.06M
0.25%
92.02%
1.5%
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WILMINGTON