Analog Devices Stock: Is Wall Street Bullish or Bearish?

Wilmington, Massachusetts-based Analog Devices, Inc. (ADI) designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. Valued at $187.7 billion by market cap, the company's products are used in communications, computer, industrial, instrumentation, military, aerospace, automotive, and high-performance consumer electronics applications.

Shares of this global semiconductor leader have notably outperformed the broader market over the past year. ADI has gained 72% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 19.9%. In 2026, ADI’s stock rose 42.1%, surpassing the SPX’s 12.9% rise on a YTD basis.