Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs. It also offers amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure; and micro-electro-mechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes for sense rotation, inertial measurement units to sense multiple degrees of freedom, and broadband switches for radio and instrument systems, as well as isolators. In addition, the company provides digital signal processing and system products for numeric calculations. It serves clients in the industrial, automotive, consumer, instrumentation, aerospace, defense and healthcare, and communications markets through a direct sales force, third-party distributors, and independent sales representatives, as well as online. The company was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
Resilient Performance | Analog Devices demonstrates strength amid market challenges, with management confident in sequential growth and recovery prospects in key segments |
Strategic Positioning | ADI's focus on AI, automotive, and industrial sectors positions it well for future growth, with new design wins enhancing its competitive edge |
Market Outlook | Analysts project 8-10% revenue growth for FY25, with ADI poised to become a top analog name as the industry enters an upcycle |
Valuation Insights | ADI trades at 34x/29x NTM/CY25 EPS, with analyst price targets ranging from $230 to $266, reflecting high expectations for future performance |
Metrics to compare | ADI | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipADIPeersSector | |
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P/E Ratio | 64.6x | −78.4x | 11.4x | |
PEG Ratio | −1.28 | 0.67 | 0.01 | |
Price/Book | 3.0x | 2.8x | 2.4x | |
Price / LTM Sales | 11.2x | 3.2x | 2.1x | |
Upside (Analyst Target) | 19.6% | 25.9% | 26.6% | |
Fair Value Upside | Unlock | 18.5% | 6.1% | Unlock |