Analog Devices Dividends and Buybacks
Dividend criteria checks 4/6
Analog Devices is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 9.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Narrative Update • Sep 17
ADI: AI Data Center Demand Will Drive Repricing Higher
Analog Devices' analyst price target has been raised from $533.54 to $571.06 as analysts factor in stronger modeled revenue growth, ongoing AI and data center demand, and broadening industrial and automotive recovery, while moderating assumed profit margins, applying a slightly higher discount rate, and using a lower future P/E multiple. Analyst Commentary Recent research on Analog Devices points to a cluster of optimistic views around AI data center exposure, industrial and automotive recovery, and the company’s execution in recent quarters.Seeking Alpha • Sep 15
Analog Devices: Grid-To-Chip Strategy Provides Secular Growth
Summary Analog Devices, Inc. is positioned for margin-accretive growth, leveraging AI data center and industrial automation trends and expanding its power management and physical AI portfolio. Recent acquisitions of Alif Semiconductor and Empower Semiconductor strengthen ADI’s product breadth, enabling system-level solutions and deeper penetration into physical AI and power infrastructure markets. ADI maintains financial flexibility with a 0.77x net leverage ratio, supporting continued acquisition-driven growth while capitalizing on the AI infrastructure investment cycle. I recommend ADI with a Buy rating and a $494/share price target, reflecting robust secular growth catalysts and a favorable risk/reward profile after a 22% share price decline. Read the full article on Seeking Alpha
Narrative Update • Sep 03
ADI: AI Data Centers And Cyclical End Markets Will Drive Future Returns
Analog Devices' updated analyst price target has eased slightly, as the model now embeds a fair value of about $370 per share. This reflects analysts' view that strong AI driven data center demand and recovering industrial and automotive markets support the story, even as assumed revenue growth, profit margins, and future P/E multiples are trimmed modestly.Narrative Update • Aug 19
ADI: AI Power Demand And Cyclical End Markets Will Shape Future Returns
Analog Devices' updated analyst price target reflects a higher fair value estimate of about $394 per share, supported by analysts who point to stronger projected revenue growth, higher expected profit margins, and a lower assumed future P/E multiple, following a series of raised targets across the Street. Analyst Commentary Recent commentary on Analog Devices shows a cluster of higher price targets and mostly positive views on execution, earnings power, and exposure to AI data center spending.Narrative Update • Jul 13
ADI: AI Data Center Power And Industrial Upswing Will Drive Repricing
Analog Devices' analyst price target has been nudged higher from $515 to about $534. Analysts point to stronger assumptions around revenue growth, profit margins, and future P/E multiples, supported by recent price target increases across the Street tied to AI infrastructure demand, improving industrial and auto trends, and continued data center strength.Narrative Update • Jun 29
ADI: AI Data Center Power And Cyclical Recovery Will Shape Balanced Returns
Analog Devices' updated narrative price target moves to $377.78 from $314.76, reflecting analysts' use of higher revenue growth and profit margin assumptions, along with continued confidence in the company's exposure to AI infrastructure, data center power, industrial recovery and autos, as highlighted across recent beat and raise quarters and price target hikes from multiple firms. Analyst Commentary Street research on Analog Devices has been broadly constructive, with many firms lifting their price targets after recent beat and raise quarters and stronger guidance tied to AI infrastructure, data center power and industrial recovery.
Narrative Update • Jun 15
ADI: AI Data Center Power Expansion And Cyclical Recovery Will Support Multi Year Returns
Analog Devices' analyst price target has shifted higher by about $58, with analysts pointing to repeated beat-and-raise quarters, stronger AI-driven data center and communications demand, and expanding exposure to industrial, auto, and power markets as key supports for the updated view. Analyst Commentary Recent research updates on Analog Devices cluster around a broadly constructive view on growth and execution, with price targets moving higher across the board.Narrative Update • Jun 01
ADI: AI Data Center Power Exposure Will Drive Multi Year Repricing
Analog Devices' analyst fair value estimate has been raised from $450 to $515 as analysts point to a series of beat and raise quarters, broad-based strength in industrial, auto and data center demand, and the Empower Semiconductor acquisition, which expands the company's AI and power exposure. Analyst Commentary Recent research points to a clear shift toward more constructive views on Analog Devices, with a series of higher price targets following stronger than expected quarterly results and updated guidance.Narrative Update • May 05
ADI: AI Data Center Upside And Cyclical Recovery Will Support Multi Year Returns
Analog Devices' updated analyst price target edges higher by about $13 to reflect analysts' use of slightly stronger revenue growth and higher future P/E assumptions, partly offset by more conservative profit margin estimates and an essentially unchanged discount rate. Analyst Commentary Recent research updates on Analog Devices largely point to a constructive stance, with several firms lifting price targets across a wide range, from about US$250 on the low end of prior models to as high as US$430.Narrative Update • Apr 20
ADI: Data Center And AI Demand Will Drive Multi Year Repricing
The analyst fair value estimate for Analog Devices has been updated to $450 from $430. Analysts broadly attribute higher price targets to recent earnings beats, raised guidance, and sector-specific tailwinds in data center, AI, industrial, and communications demand.Narrative Update • Apr 06
ADI: Data Center And AI Demand Will Drive Multi Year Repricing
Analog Devices' analyst price target is anchored at $430. Many analysts point to recent earnings beats, raised guidance, and strength in data center, AI, and industrial exposure to support their updated models.Narrative Update • Mar 23
ADI: Data Center And AI Upswing Will Drive Multi Year Earnings Repricing
Analog Devices' analyst price target has been revised from $375 to $430, as analysts point to broad-based target increases across the Street following recent earnings beats, stronger margins, and ongoing benefits from data center, AI, and industrial recovery themes. Analyst Commentary Bullish analysts are clustering around higher price targets for Analog Devices, with many moving into a US$360 to US$430 range after recent quarterly updates.Narrative Update • Mar 08
ADI: Cyclical Recovery And AI Data Center Demand Will Drive Mixed Outcomes
Our updated price target for Analog Devices rises from $204.70 to $314.76, reflecting analysts' higher modeled revenue growth, a richer assumed future P/E multiple, and commentary pointing to upside from data center, AI, industrial exposure, and pricing power, alongside an ongoing cyclical recovery. Analyst Commentary Recent Street research on Analog Devices is broadly constructive, with many firms lifting their price targets after the latest quarterly results and guidance updates.Narrative Update • Feb 22
ADI: Autos And AI Will Support A Disciplined Multi Year Cyclical Recovery
The updated analyst price target for Analog Devices has increased to $379.64 from $313.31. Analysts cite stronger modeled revenue growth, higher profit margins, and supportive trends in data center, AI, and cyclical recovery as key factors for the revised target.Narrative Update • Feb 08
ADI: Autos And AI Are Expected To Support A Measured Cyclical Recovery
Analysts have nudged their price target framework higher for Analog Devices, with fair value moving from US$285.56 to US$313.31 as they factor in Street research pointing to stronger revenue growth assumptions, slightly higher profit margins, a modestly lower discount rate, and a richer future P/E outlook following multiple recent target hikes across major firms. Analyst Commentary Recent Street research on Analog Devices clusters around a broadly positive view, with most firms lifting price targets and a minority trimming theirs while keeping constructive ratings.Narrative Update • Jan 25
ADI: Autos And AI Cyclical Recovery Will Drive Multi Year Earnings Upswing
Our analyst price target for Analog Devices has been raised from US$343.65 to US$375.00. This reflects analysts' updated views on slightly higher revenue growth, profit margins, and future P/E assumptions, supported by a broad wave of recent price target increases across the Street.Narrative Update • Jan 11
ADI: Autos And AI Are Expected To Sustain A Balanced Cyclical Recovery
Our updated narrative price target for Analog Devices moves modestly higher to US$285.56 from US$282.03, reflecting analysts' higher targets tied to upside driven by autos, expanding AI related demand, and an improving cyclical recovery outlook into 2026. Analyst Commentary Recent research updates show a wide range of views, but with a generally constructive tilt around Analog Devices' execution, exposure to autos and AI related demand, and the path into 2026.Narrative Update • Dec 25
ADI: Autos And AI Upside Will Drive Multi Year Earnings Upswing
We are raising our Analog Devices fair value estimate from $310 to approximately $344 per share, as analysts lift price targets on the back of autos and AI driven upside, a stronger cyclical recovery into 2026, and improving confidence in the company’s long term growth and earnings power. Analyst Commentary Recent Street research skewed strongly positive, with bullish analysts lifting price targets across the board and reinforcing the view that Analog Devices is entering a multi year upcycle supported by both cyclical recovery and secular growth drivers.Narrative Update • Dec 11
ADI: AI And Autos Are Expected To Drive Balanced Cyclical Recovery
We modestly lift our Analog Devices fair value estimate to $282.03 from $280.31, as analysts point to autos and AI driven upside, a strengthening cyclical recovery into 2026, and higher long term earnings power despite slightly lower near term margin assumptions. Analyst Commentary Street research remains broadly constructive on Analog Devices, with multiple firms lifting price targets on the back of autos strength, rising AI exposure, and confidence in a multi year cyclical recovery into 2026 and beyond.Narrative Update • Nov 27
ADI: Future Revenue Outlook Will Balance AI Momentum And Cyclical Risks
Analog Devices' fair value estimate has increased from $267.47 to $280.31 per share. Analysts cite secular tailwinds, stronger automotive and AI demand, and improved future revenue forecasts following positive earnings and guidance updates.Narrative Update • Aug 23
Advanced Robotics And Edge AI Will Shape Future Markets
Analog Devices' consensus price target has been raised to $267.47, reflecting analyst confidence in stronger-than-expected earnings and guidance—particularly driven by industrial strength, above-trend growth expectations, and superior operational execution—despite some valuation caution. Analyst Commentary Stronger-than-expected quarterly results and guidance, with particular outperformance in the industrial segment and above-industry growth projections.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ADI's dividends per share have been stable in the past 10 years.
Growing Dividend: ADI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Analog Devices Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADI) | 1.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Semiconductor) | 0.5% |
| Analyst forecast (ADI) (up to 3 years) | 1.4% |
Notable Dividend: ADI's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: ADI's dividend (1.17%) is low compared to the top 25% of dividend payers in the US market (4.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), ADI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.2%), ADI's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/20 01:23 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/08/01 |
| Annual Earnings | 2025/11/01 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Analog Devices, Inc. is covered by 50 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Chang | Aletheia Analyst Network Limited |
| Alexi Unger | Arete Research Services LLP |
| Brett Simpson | Arete Research Services LLP |