Truist Financial analyst William Stein maintained a Hold rating on Analog Devices (ADI – Research Report) today. The company’s shares closed

The company said that bookings declined briefly during the third quarter, but picked up steadily throughout the fourth quarter, particularly in the automotive end market. Analog said it is cautiously optimistic that 2025 will be a growth year,

Analog Devices (ADI) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $2.01 per share a year ago. These figures are adjusted for non-recurring items.

In a report released today, Harsh Kumar from Piper Sandler maintained a Hold rating on Analog Devices (ADI – Research Report), with a price