Is Analog Devices Stock (ADI) a Buy Ahead of Earnings?

Analog Devices (ADI) is set to report its Fiscal Q2 2025 earnings report later this week. This may have some traders wondering if they should take a stake in the integrated circuits and software company’s shares ahead of that report.

Starting with Wall Street’s expectations, analysts estimate Analog Devices will report adjusted earnings per share of $1.70 alongside revenue of $2.51 billion. This would represent adjusted EPS growth of 21.4% and a 16.2% increase in revenue year-over-year.

Investors will want to weigh how likely Analog Devices is to beat these estimates before they decide if an investment is worth their money. Looking at its EPS history, ADI has surpassed Wall Street’s expectations in seven of the past eight quarters. The same is also true of the company’s revenue history.

ADI Stock Movement

Despite economic headwinds, such as inflation, President Donald Trump tariffs, and other concerns, ADI stock has remained resilient. The company’s shares are up 5.9% year-to-date and 3.65% over the last 52 weeks. This endurance may convince some traders that ADI is ready to weather whatever economic storm comes its way.

Analog Devices has acknowledged the effects of tariffs and is working to diversify its supply chain to be less affected by them. This is something investors will want to keep an eye on during its next earnings report. Company leaders are likely to address the trade war and how it could affect future earnings reports.

Updated analyst coverage of ADI stock ahead of the earnings report is bullish. Four-star Citi analyst Christopher Danely reiterated a Buy rating and increased his price target from $235 to $260, representing a potential 16.08% upside. Five-star Cantor Fitzgerald analyst C J Muse maintained a Hold rating, but raised his price target from $230 to $250, implying a possible 11.62% upside for the shares.

Is ADI Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Analog Devices is Moderate Buy, based on eight Buy, five Hold, and one Sell ratings over the last three months. With that comes an average ADI stock price target of $229.92, representing a potential 2.65% upside for the shares.

See more ADI stock analyst ratings