ADI

ACCE-researched
Analog Devices Inc. Common Stock
Technology · Semiconductors · NASDAQ · United States
$375.72+3.60%
Market cap $182.1BNext earnings 2026-08-19Updated Sep 19, 2026
FAIR VALUE · CONSENSUS
$375.72+0.0%
confidence-weighted across 4 of 6 models
Now $375.72
$375.72
$86.17$356.99
AvoidBronze57
Price vs fair value
91.4% above
-47.8% to fair value
ACCE score
78
out of 100
Analysts
68% buy
31 covering
P/E
44.6x
forward 23.0x
1-year return
+50.9%
Dividend yield
1.17%
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Overview

ACCE thesis

Analog Devices designs and manufactures precision analog, mixed-signal, and digital signal processing semiconductors that convert real-world signals like temperature, pressure, and sound into digital data for electronic systems. The company dominates niche industrial and automotive markets where accuracy and reliability matter more than pure processing power, creating sticky customer relationships with 16-year average design lifecycles. ADI's $75 billion acquisition of Maxim Integrated in 2021 doubled its addressable market in automotive and industrial IoT just as both sectors accelerate their digital transformation. Revenue surged 30% over the past year while maintaining 63% gross margins, but the 72x trailing PE reflects temporary earnings compression from integration costs. The forward PE of 30x suggests synergies are beginning to flow through, making this an inflection point for a company that historically trades at premium multiples to the broader semiconductor sector.

Written May 5, 2026
Investor warnings · 3 flags
  • high
    Insider selling only
    Last 10 transactions show $39.73M in sales, zero buys, despite 24.3% insider ownership - a clear one-sided distribution signal.
  • moderate
    Trailing P/E extremely elevated
    P/E of 58.8x is rich for a cyclical semiconductor; earnings recovery may already be priced in given forward P/E of 27x.
  • moderate
    Score spike raises questions
    ACCE score jumped +37 points in 90 days (40→77), potentially reflecting a cyclical earnings rebound rather than durable quality improvement.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Price

+51.9% · 1Y

Valuation

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Full valuation engine INVESTOR FEATURE

Six independent models converge on one confidence-weighted fair value, with full methodology and editable assumptions.

  • +All six models: DCF, P/E and EV/EBITDA comps, Graham, dividend discount, residual income
  • +Scenario bands, sensitivity tornado, and the 5-year historical valuation range
  • +Editable DCF workbench with saved scenarios

Quality

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Quality and conviction INVESTOR FEATURE

The full quality picture: conviction breakdown, earnings quality, score history, and backtested returns.

  • +Conviction score breakdown and earnings-quality grade
  • +Growth / value / quality / momentum component scores
  • +90-day score history and score-threshold backtests

Analysts

Wall Street consensus

Bullish68% buy · 31 covering analysts
Strong buy 16 Buy 5 Hold 9 Sell 0 Strong sell 1
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

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Smart money tracking PRO FEATURE

Follow the institutions: 13F position changes, insider trades, and active 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Recent open-market insider transactions
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

This stock Peer Peer median weaker → stronger
P/Ebetter than 67% of peers
low 20.3x44.6xhigh 278.4x
ROEbetter than 0% of peers
low 12%12%high 87%
Div yieldbetter than 50% of peers
low 0.0%1.2%high 10.0%

Algorithmic peers (6)

TickerCompanyMcapP/EROED/EYieldQuality
285A.TKioxia Holdings Corporation$184.0B54.187.1%34.840.0%-Compare
QCOMQUALCOMM Incorporated Common Stock$189.8B20.333.8%0.702.1%-Compare
MRVLMarvell Technology Inc. Common Stock$219.5B80.616.5%0.3110.0%-Compare
2454.TWMediaTek$235.9B77.523.9%0.010.5%-Compare
TXNTexas Instruments Incorporated Common Stock$243.5B40.535.2%0.862.3%-Compare
ARMArm Holdings plc American Depositary Shares$294.4B278.413.4%0.010.0%-Compare

Sector report card

Where ADI ranks against its sector peers on each metric.

Computing percentiles…

News and Record

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Recent performance

1 week
-0.8%
1 month
+0.7%
3 months
-13.5%
6 months
+21.4%
YTD
+38.5%
1 year
+50.9%

SEC filings

40 filings
September 2026
Sep 17
8-KCurrent reportPeriod 2026-09-15
Sep 10
Form 4Insider transactionPeriod 2026-09-08
Sep 9
8-KCurrent reportPeriod 2026-09-09
37 more filings + AI summaries on Investor+.INVESTOR

Recent ACCE blog coverage