Are Wall Street Analysts Predicting Analog Devices Stock Will Climb or Sink?

With a market cap of $115.1 billion, Analog Devices, Inc. (ADI) designs, manufactures, and markets analog, mixed-signal, and digital signal processing ICs, software, and subsystems. Its products include data converters, amplifiers, power management ICs, MEMS sensors, RF/microwave components, and DSPs for industrial, automotive, consumer, communications, aerospace, defense, and healthcare markets worldwide.

Shares of the Wilmington, Massachusetts-based company have underperformed the broader market over the past 52 weeks. ADI stock has risen 9.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.6%. Moreover, shares of Analog Devices are up 9.2% on a YTD basis, compared to SPX's 9.6% gain.