Analog Devices (ADI) Stock Shrugs Off Weekly Dip With a Clean Earnings Win

NewsWed, 19 Aug 2026 11:32:31 UTC2 hours ago
Analog Devices (ADI) Stock Shrugs Off Weekly Dip With a Clean Earnings Win

TLDR

  • Analog Devices posted adjusted EPS of $3.45 in fiscal Q3, beating the $3.34 Wall Street estimate
  • Revenue jumped 40% year-over-year to $4.02 billion, topping the $3.92 billion consensus
  • Q4 guidance came in above forecasts, with EPS of $3.71-$4.01 and revenue of $4.2B-$4.4B
  • ADI stock rose around 2% in premarket trading to $384.39 after closing Tuesday down 3.5%
  • The stock is up 39% year-to-date and 63% over the past 12 months

Analog Devices beat Wall Street estimates on both the top and bottom lines for its fiscal third quarter, sending the stock higher in premarket trading on Wednesday.

The chipmaker reported adjusted EPS of $3.45, up from $2.05 a year ago and ahead of the $3.34 analyst consensus. Revenue came in at $4.02 billion, a 40% increase year-over-year, beating the $3.92 billion estimate.

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