Analog Devices Inc
ADI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| pW@ | LOCK|hSV | LOCK|KTjbzn< |
Analog Devices Earnings: Chip Revenue Appears to Be Close to a Bottom; Maintain $225 Fair Value
Wide-moat Analog Devices reported solid fiscal fourth-quarter results with nice sequential revenue growth. Although the company provided investors with a modest forecast for the January 2025 quarter, we are encouraged by management’s comments that align with our expectations for year-over-year growth in its fiscal second quarter (ending April 2025). We maintain our $225 per share fair value estimate, and shares appear fairly valued to us.
