Analog Devices, Inc. (ADI) earnings on May 20, 2026
More Analog Devices, Inc. earnings
Prior outlook: No statistical edge
Volatly's outlook before the earnings on May 20, 2026: No statistical edge.
ADI price around the earnings
There is no candle series available for this event.
Prior thesis
Prior outlook: No statistical edge
Mixed outlook: strong earnings history, analyst upgrades, but price target implies slight downside.
Analysts are impressed by Analog Devices' history of beating earnings expectations and recent positive outlooks from experts. However, the average price target suggests a slight potential for decline, and the stock's price movement has been uninspiring lately.
Context analyzed before publication
- Summary
- Solid fundamentals, but slight analyst target downside.
- Reasoning
- The company has a history of strong earnings and positive growth, with analysts recently increasing their price targets. However, the average target price still points to a modestly pessimistic scenario.
- Playbook
- The price momentum is a key factor for a positive reading, but the slight downward pressure from analyst targets warrants attention.
- Trend
- Flat price momentum into earnings.
Analysts
Drivers
-
Analysts
Negative
The average price target from analysts points to a scenario with a potential decrease of 2.6%, even though some have recently raised their targets.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.59
- Analysts covering the stock
- 31
- Average price target
- 406.58
- Lowest price target
- 295
- Highest price target
- 510
- Upside to price target
- -2.6%
- Quarterly earnings growth
- 112.3%
- Revenue growth
- 30.4%
- Forward EPS
- 13.25
- Trailing EPS
- 5.47
- Analyst moves in the last 60 days
- 4
- Strong buy: 7
- Buy: 21
- Hold: 5
- Sell: 0
- Strong sell: 1
- Strong buy
- 7
- Buy
- 21
- Hold
- 5
- Sell
- 0
- Strong sell
- 1
- May 13, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- May 13, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)
- May 12, 2026 · Oppenheimer: Maintains rating (Outperform → Outperform)
- April 13, 2026 · B of A Securities: Maintains rating (Buy → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (7)
- If You Invested $100 In Analog Devices Stock 5 Years Ago, You Would Have This Much Today — Benzinga
- Wells Fargo Maintains Overweight on Analog Devices, Raises Price Target to $470 — Benzinga
- Cantor Fitzgerald Maintains Overweight on Analog Devices, Raises Price Target to $510 — Benzinga
- Oppenheimer Maintains Outperform on Analog Devices, Raises Price Target to $450 — Benzinga
- Here's How Much You Would Have Made Owning Analog Devices Stock In The Last 5 Years — Benzinga
- Competitor Analysis: Evaluating Analog Devices And Competitors In Semiconductors & Semiconductor Equipment Industry — Benzinga
- Comparative Study: Analog Devices And Industry Competitors In Semiconductors & Semiconductor Equipment Industry — Benzinga
Technicals
Drivers
-
Technical
Neutral
The stock's price movement has been flat over the last 14 and 30 days, showing no clear direction ahead of the earnings report.
Evidence
- Average true range (ATR)
- 0%
- Distance to 52-week high
- -4.2%
- 14-day change (14d)
- +0.8%
- 30-day change (1d)
- +0.8%
- 30-day relative strength
- +0.8%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 321.05
- Nearest resistance
- 327.44
- Volume accumulation ratio (2d / 2d)
- 1
Trends
Drivers
-
Macro & trends
Positive
Both earnings and revenue have shown positive growth recently, indicating that the business is performing well.
Evidence
- Average earnings surprise
- +6.3%
- February 18, 2026: actual EPS 1.69 vs estimate 1.64 (surprise +3.0%)
- November 25, 2025: actual EPS 2.26 vs estimate 2.23 (surprise +1.1%)
- August 20, 2025: actual EPS 2.05 vs estimate 1.95 (surprise +5.3%)
- May 22, 2025: actual EPS 1.14 vs estimate 0.99 (surprise +15.5%)
Expected move
Drivers
-
Past earnings
Positive
The company has a strong recent record of beating earnings expectations, with an average surprise of 6.2%, showing strong operational performance.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.9%
- 75th percentile move
- 5.9%
- 90th percentile move
- 8.2%
- Up / down moves
- 11 / 8
- Average up move
- +5.1%
- Average down move
- -3.2%
Monitoring and close
What Analog Devices, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.