Alert: Negative Investment/Fundamental Signals (12/5/23)-Analog Devices Inc (NASDAQ: ADI)


Analog Devices Inc (NASDAQ: ADI) suffers from notable negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend.

Recent notable negative changes in fundamentals have impacted Analog Devices Inc (NASDAQ: ADI): the stock’s power rating fell below 50, the consensus estimate for October, 2024 decreased significantly, and the consensus estimate for October, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

ADI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Analog Devices has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Analog Devices has a good Appreciation Score of 72 but a neutral Power Rating of 44, and the High Neutral Value Trend Rating results.

Recent Price Action

Analog Devices Inc (NASDAQ: ADI) stock closed at $180.63 on 12/5/23 after a modest decline of -1.4%. However, this decline was accompanied by below average trading volume at 82% of normal. The stock has declined -1.7% during the last week and has performed in line with the market over the last nine months.

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