Benchmark Maintains Buy Rating on Analog Devices (ADI) After Solid Q4 Results

Analog Devices, Inc. (NASDAQ:ADI) ranks among the best slow growth stocks to invest in. On November 26, Benchmark reaffirmed its Buy rating on Analog Devices, Inc. (NASDAQ:ADI), maintaining its price target of $285 in light of the company’s fourth-quarter results. The semiconductor company announced quarterly results that modestly exceeded projections, with performance exceeding guidance in all market segments.

ADI’s fourth-quarter revenue exceeded projections of $3.01 billion, coming in at $3.08 billion, while its adjusted earnings of $2.26 per share surpassed the $2.22 per share projections. Looking forward, Analog Devices, Inc. (NASDAQ:ADI) anticipates $3.1 billion in revenue for the first quarter of fiscal 2026, an operating margin of 43.5%, and an expected EPS of $2.29.

The majority of Analog Devices’ end markets have bottomed out and are in the early phases of recovery, according to Benchmark, laying the groundwork for widespread growth that is anticipated to fuel robust increase in fiscal year 2026. Although the firm noted that there remain some areas of concern, especially concerning seasonal consumer business and first-quarter automotive performance, Benchmark believes Analog Devices, Inc. (NASDAQ:ADI) is well-positioned for both long-term steady content expansion and cyclical recovery.

Analog Devices, Inc. (NASDAQ:ADI) is a Massachusetts-based company specializing in integrated circuits (ICs), software, and subsystems products.

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Disclosure: None. This article is originally published at Insider Monkey.