Analog Devices, Inc. (ADI) shares climbed 5.1% to $380.29 as of August 4, 2026, a significant gain from the prior close of $361.88. BestStocks flagged the session as a major change for ADI. Below, we break down what changed for ADI, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
ADI climbed 5.1% to $380.29
Analog Devices rose 5.19% to $380.65 as part of a broader technology and semiconductor sector rally, with the Nasdaq and S&P 500 trading higher and investors positioning ahead of the company's August 19 fiscal Q3 earnings report. Volume was 2.09M shares, below the 0.58x time-adjusted average, suggesting the move was driven by sector momentum rather than company-specific news. ADI earnings report and guidance on August 19, 2026; monitor for any updates on data center demand, automotive/industrial end-markets, or management commentary on AI-driven infrastructure trends.
This summary describes the catalyst and move as first detected on Aug 4, 2026, 3:33 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
For Analog Devices, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Material positive event; Strong 5.1% price move. Weighing against that: Analog Devices, Inc. (ADI) moved -2.67% from $390.96 to $380.53 on 2026-07-16; ADI declined 1.15% to $372.84 intraday, despite a July 6 report citing strong earnings results and optimistic guidance tied to AI chip demand (Yahoo Finance). Because peers moved similarly, the shift looks more macro- or sector-driven than a change in ADI's fundamentals. Wall Street's consensus price target sits at $454.76, implying +19.6% upside from $380.29. BestStocks rates the overall signal quality low (58/100). With earnings roughly 15 days out, the next report is the most likely near-term test of the move.
ADI price reaction
ADI last traded at $380.29, up $18.41 (+5.09%) from the previous close of $361.88. The session traded on 1.0× average volume (below avg), so participation was unremarkable. Its technology peer group moved a median +7.3% over the same stretch, leaving ADI behind the group by 2.2 points. Over the past month the stock has ranged between $353.37 and $395.65, and it currently sits about 64% of the way up that band.
Bullish and bearish analyst opinions on Analog Devices, Inc. (ADI)
▲Latest catalyst·strengthens the bull case
The latest catalyst — a materially positive development — it strengthens the bull case and confirms the prevailing bullish analyst lean.
The consensus analyst price target on Analog Devices, Inc. (ADI) is $454.76, 19.6% above the recent $380.29. Over the past 90 days analysts logged 0 upgrades, 20 maintains, and 0 downgrades. Here is how the bullish and bearish cases on ADI line up.
▲ The bullish case
+Wall Street's consensus price target of $454.76 implies +19.6% upside from $380.29.
+The Street's most bullish target is $550.00 (+44.6%).
+Material positive event.
+Strong 5.1% price move.
+Analog Devices, Inc. (ADI) moved +2.63% from $376.83 to $386.73 on 2026-07-22.
▼ The bearish case
−The most bearish analyst target is $360.00 (-5.3%).
−Analog Devices, Inc. (ADI) moved -2.67% from $390.96 to $380.53 on 2026-07-16.
−ADI declined 1.15% to $372.84 intraday, despite a July 6 report citing strong earnings results and optimistic guidance tied to AI chip demand (Yahoo Finance).
−ADI declined 1.21% intraday to $384.26 despite being added to the Zacks Rank #1 (Strong Buy) list on July 2, 2026, alongside inclusion on the Strong Buy income stocks list.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 4, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Analog Devices drifted lower as part of broader profit-taking and institutional rebalancing in the semiconductor sector, according to market analysis cited by established financial sources (investing.com, Yahoo Finance). The stock fell 2.04% to $358.36, reflecting valuation sensitivity across high-multiple chip names following earlier multi-month rallies. Volume of 755,854 shares (0.79x expected) was normal for the time of day.
Filings2026-07-29-3.4%
Analog Devices, Inc. (ADI) filed a new 8-K on July 29, 2026.
Material / Earnings2026-07-28-1.6%
Analog Devices, Inc. (ADI) moved −0.17% from $366.44 to $365.83 on 2026-07-28. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide decline: semiconductor peers AMD, MU, INTC, and QCOM fell 4–9%, while ADI outperformed the peer group by 4.3 percentage points. ADI reached a new 30-day low on near-average volume.
Analog Devices fell 2.24% to $363.53 amid a broader semiconductor sector selloff driven by rising Treasury yields, geopolitical tensions, and macroeconomic headwinds, according to market analysis. The decline reflects profit-taking after a multi-month rally fueled by AI infrastructure and data-center demand, combined with investor concerns over valuation compression in chip stocks and execution risks from the company's $1.5 billion Empower Semiconductor acquisition. Volume at 1,260,135 shares (120 min in) tracks at 0.92x expected—normal for this time of day.
Analog Devices, Inc. moved -2.27% intraday from $380.20 to $371.56. Analog Devices (ADI) stock has faced downward pressure due to broader sector profit-taking , valuation multiple compression, and lingering sentiment around recent tech/AI infrastructure spending concerns. Market Drivers - Sector-wide Pressures: Semiconductor stocks have experienced a broader cool-down period amid profit-taking and shifts in high-growth valuation multiples. - Valuation Concerns: Investors have scrutinized high-flying tech and chip names relative to near-term industrial and AI demand growth. - Acquisition Digest: Ongoing digestion of the $1.5 billion Empower Semiconductor acquisition has also led to a focus on integration risks alongside broader macro headwinds. If you would like, I can provide: - Analyst price targets and consensus ratings for ADI - A summary of ADI's latest financial results
Activity2026-07-22+1.0%
Analog Devices, Inc. (ADI) moved +2.63% from $376.83 to $386.73 on 2026-07-22. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide rally: eight semiconductor peers including NVIDIA (+4.32%), AMD (+9.68%), and Broadcom (+4.93%) moved in the same direction on the same day. ADI underperformed its peer group average of +5.79% by 3.2 percentage points, and volume remained near its 5-day average.
Activity2026-07-21+2.8%
Analog Devices, Inc. (ADI) moved +2.78% from $372.46 to $382.81 on 2026-07-21. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide rally: eight semiconductor peers moved in the same direction, including AMD +8.11%, MU +12.17%, and INTC +8.64%. Volume was near its 5-day average.
Upcoming catalysts & outlook
Next earnings
2026-08-19 (est.)
in 15 days
Thesis shift
Neutral / Mixed
bearish signal
Risk level
High
from change events
Frequently asked questions about ADI
Why did Analog Devices, Inc. (ADI) stock move?
ADI climbed 5.1% to $380.29. The move coincided with the context summarized above, which BestStocks classifies as a sector-wide move, though no single company-specific catalyst was independently confirmed.
How much did ADI stock rise?
ADI gained 5.09% ($18.41) versus the prior close of $361.88, last trading at $380.29 on 1.0× average volume.
When is Analog Devices, Inc.'s next earnings date?
ADI's next earnings report is estimated for 2026-08-19 — about 15 days away.
What is the analyst price target for ADI?
The consensus analyst price target for ADI is $454.76, about 19.6% above the current $380.29. Over the past 90 days, analysts recorded 0 upgrades, 20 maintains, and 0 downgrades.
Is the ADI move company-specific or sector-wide?
BestStocks classifies it as a sector-wide move: the peer group moved a median +7.3% against ADI's +5.1%. ADI ranks top 6 of 7 peers.
How BestStocks tracks ADI
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared ADI-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for ADI, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 4, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
