Analog Devices stock trades 7.1 percent below its 52-week high

Published on 10/05/2026 at 18:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analog Devices stock was at USD 414.20 on October 5, 2026, while its fiscal Q3 revenue reached USD 4.02 billion. Analysts set an average target of USD 460.09.

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Analog Devices stock (ISIN US0326541051) was trading at USD 414.20 on Nasdaq on October 5, 2026, down 0.71 percent during the session and 7.1 percent below its 52-week high of USD 445.91. The current quote keeps the semiconductor maker below its yearly peak while fiscal Q3 results provide a strong operating reference.

Revenue reached USD 4.02 billion

StockTitan reported that Analog Devices generated USD 4.02 billion in fiscal Q3 2026 for the period ended August 1, 2026. Revenue increased 40 percent year over year, while GAAP diluted EPS reached USD 2.74, up 163 percent from the comparable period.

The adjusted figures were also above the prior-year level. Adjusted diluted EPS was USD 3.45, an increase of 68 percent, and adjusted operating margin reached 50.0 percent, compared with reported operating margin of 40.1 percent.

Guidance points to another step

For fiscal Q4 2026, Analog Devices guided to revenue of USD 4.3 billion plus or minus USD 100 million, according to StockTitan. The company forecast reported EPS of USD 3.14 plus or minus USD 0.15 and adjusted EPS of USD 3.86 plus or minus USD 0.15.

The guidance places the next debate on execution rather than demand alone. Q3 revenue of USD 4.02 billion already exceeded the USD 3.92 billion consensus cited in the filing summary, while adjusted EPS of USD 3.45 was above the USD 3.34 estimate.

Analysts see further upside

MarketBeat reported a Moderate Buy consensus from 33 analysts and an average 12-month price target of USD 460.09. At USD 414.20, that target lies 11.1 percent above the Nasdaq price on October 5, 2026.

The same MarketBeat report listed Goldman Sachs raising its price objective from USD 450.00 to USD 480.00 on August 19, 2026. Morgan Stanley raised its target from USD 428.00 to USD 458.00 on August 20, 2026, while Needham raised its target from USD 440.00 to USD 450.00.

AI expansion adds a second driver

Analog Devices also agreed to acquire Alif Semiconductor in an all-cash transaction with USD 1.35 billion of upfront consideration and potential additional consideration of up to USD 200 million. The agreement, announced by Analog Devices on September 9, 2026, is expected to close before the end of calendar 2026, subject to customary conditions.

The deal adds AI-native microcontrollers and fusion processors to Analog Devices' sensing, signal processing, power and connectivity portfolio. That expansion gives the company a second growth angle alongside the 40 percent fiscal Q3 revenue increase.

Stock remains below its yearly high

Analog Devices stock was trading at USD 414.20 on Nasdaq on October 5, 2026, with a market capitalization of USD 201.7 billion and a session range of USD 409.64 to USD 419.00.