Analog Devices Guides Q4 Revenue to $4.3B, Up 7% Sequentially
ADI sits 72% above its 52-week low of $223.47.
Summary
Analog Devices issued Q4 revenue guidance of $4.3 billion, plus or minus $100 million, implying roughly 7% sequential growth from the record $4.02 billion reported in fiscal Q3. The company also guided Q4 adjusted EPS to $3.86, plus or minus 15 cents, and reported EPS to $3.14, plus or minus 15 cents. The forecast tops estimates on AI-fueled chip demand, following a quarter where revenue rose 40% year-over-year and adjusted EPS of $3.45 beat expectations. The midpoint of $4.3 billion would represent another record quarter, suggesting continued strong demand across industrial, automotive, and communications end markets. The company also recently completed the acquisition of Empower Semiconductor and secured a $3.0 billion revolving credit facility, providing additional flexibility. Investors will watch whether the company can sustain this growth trajectory into fiscal 2027.
At the time of this announcement, ADI was trading at $384.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $183.5B. The 52-week trading range was $223.47 to $445.91. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.