Analog Devices Stock: Q1 Earnings Beat Expectations
Analog Devices demonstrated robust performance in the first quarter of fiscal 2025, with revenues reaching $2.423 billion, surpassing analyst expectations of $2.36 billion. Despite a slight year-over-year decline, the company showed remarkable strength in its consumer segment, which grew impressively by 19 percent to $322.9 million. The adjusted earnings per share of $1.63 exceeded market forecasts, indicating resilient demand across key sectors, particularly in industrial and automotive segments. These results reflect a gradual recovery in chip demand, positioning the company favorably in the competitive semiconductor landscape.
Positive Outlook and Enhanced Shareholder Returns
Looking ahead to the second quarter, Analog Devices projects revenues of $2.50 billion, plus or minus $100 million, exceeding market consensus of $2.46 billion. The company anticipates adjusted earnings per share of approximately $1.68. In a move that underscores confidence in its future performance, the company has increased its quarterly dividend by 8 percent to $0.99 per share, reinforcing its commitment to delivering shareholder value while maintaining strong operational momentum.
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Analog Devices Stock: New Analysis - 20 FebruaryFresh Analog Devices information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
Read our updated Analog Devices analysis...Source StockWorld
Analog Devices Inc. Stock
The stock is an absolute favorite of our community with 32 Buy predictions and no Sell predictions.
As a result the target price of 235 € shows a slightly positive potential of 12.49% compared to the current price of 208.9 € for Analog Devices Inc..