Analog Devices, Inc.

(NASDAQ Global Select)
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Bullish +72

Rick Larsen bought Analog Devices stock in IRA trade

Earnings report Insider transaction AI-generated analysis

📈 Analog Devices reported third-quarter revenue of USD 4.02 billion, beating the consensus estimate of USD 3.92 billion.

💰 Earnings per share reached USD 3.45, exceeding the expected USD 3.34 by USD 0.11.

🚀 Revenue increased by 39.20% compared to the same quarter in the previous year.

🔮 The company guided fourth-quarter 2026 earnings per share between USD 3.71 and USD 4.01.

📈 TD Cowen raised its price target from USD 450.00 to USD 460.00 following the results.

📈 Cantor Fitzgerald lifted its price target significantly from USD 400.00 to USD 510.00.

👔 Representative Rick Larsen disclosed a purchase of ADI shares in his IRA account on October 8, 2026.

💼 The transaction was valued between USD 1,001 and USD 15,000.

🏢 Analog Devices has a market capitalization of USD 202.0 billion as of October 13, 2026.

📉 The stock traded at EUR 369.35 on October 14, 2026, slightly below the previous close.

Bullish Signals
  • Analog Devices third-quarter revenue reached USD 4.02 billion, exceeding the consensus estimate of USD 3.92 billion by USD 0.10 billion.
  • Earnings per share came to USD 3.45, topping the USD 3.34 consensus by USD 0.11.
  • Revenue increased 39.20% year-over-year, demonstrating strong growth momentum.
  • The company set fourth-quarter 2026 earnings-per-share guidance at USD 3.71 to USD 4.01.
  • TD Cowen raised its price target from USD 450.00 to USD 460.00 following the strong results.
  • Cantor Fitzgerald lifted its price target from USD 400.00 to USD 510.00, indicating bullish sentiment.
  • Representative Rick Larsen purchased ADI shares in his IRA account, signaling insider confidence.
Full Analysis
Analog Devices Inc. (ADI) reported strong third-quarter financial results, exceeding analyst expectations with revenue of USD 4.02 billion and earnings per share of USD 3.45. The company's revenue grew significantly by 39.20% year-over-year, surpassing the consensus estimate of USD 3.92 billion. Additionally, ADI provided forward guidance for the fourth quarter of 2026, projecting earnings per share between USD 3.71 and USD 4.01. Following the positive earnings report, several major investment banks upgraded their price targets for the stock. TD Cowen raised its target from USD 450.00 to USD 460.00, while Cantor Fitzgerald increased its target substantially from USD 400.00 to USD 510.00. These analyst actions reflect growing confidence in the company's performance and future outlook. Insider trading activity also drew attention as Representative Rick Larsen disclosed a purchase of ADI shares in his IRA account on October 8, 2026. The transaction, valued between USD 1,001 and USD 15,000, added a congressional angle to the stock's recent discussion. As of mid-October 2026, the company maintains a market capitalization of approximately USD 202.0 billion.