Yahoo · Sep 3, 2026
Should You Buy Texas Instruments Stock Despite Its Premium Valuation?
TXN's premium valuation is backed by accelerating earnings, AI infrastructure growth, strong cash flow and manufacturing investments.
NYSE · ADI
Technology · Semiconductors
$356.50
Up+$0.79 (+0.22%)
Updated Sep 4, 2026, 12:16 PM
SID Score
5.6/10
Composite research score
Smart Money
51/100
Neutral
Price performance
1M range · 21 trading sessions · Daily adjusted prices
ADI closed at $356.50 after 21 trading sessions, down 5.52% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 3, 2026 | $350.42 | $357.2699 | $348.00 | $356.50 | 3.78M |
| Sep 2, 2026 | $355.635 | $360.77 | $352.03 | $355.71 | 3.34M |
| Sep 1, 2026 | $356.33 | $356.44 | $348.66 | $354.52 | 3.57M |
| Aug 31, 2026 | $364.88 | $366.72 | $361.93 | $362.14 | 2.75M |
| Aug 28, 2026 | $374.14 | $374.14 | $359.54 | $361.78 | 3.35M |
| Aug 27, 2026 | $374.50 | $376.88 | $368.03 | $374.52 | 3.9M |
| Aug 26, 2026 | $374.87 | $377.49 | $370.74 | $371.80 | 2.18M |
| Aug 25, 2026 | $376.24 | $377.48 | $367.29 | $373.66 | 3.74M |
| Aug 24, 2026 | $372.72 | $373.00 | $362.35 | $371.17 | 4.76M |
| Aug 21, 2026 | $374.72 | $378.64 | $371.46 | $373.09 | 5.46M |
| Aug 20, 2026 | $376.915 | $384.95 | $369.64 | $370.24 | 3.5M |
| Aug 19, 2026 | $378.55 | $383.40 | $369.73 | $373.26 | 6.31M |
| Aug 18, 2026 | $381.361 | $385.90 | $370.23 | $376.63 | 5.78M |
| Aug 17, 2026 | $391.535 | $396.9519 | $389.7475 | $390.28 | 3.12M |
| Aug 14, 2026 | $381.98 | $389.45 | $380.12 | $389.39 | 2.12M |
| Aug 13, 2026 | $387.44 | $389.70 | $380.51 | $381.17 | 2.86M |
| Aug 12, 2026 | $396.22 | $396.26 | $383.61 | $384.43 | 2.76M |
| Aug 11, 2026 | $389.98 | $394.16 | $384.7095 | $385.30 | 2.36M |
| Aug 10, 2026 | $392.84 | $394.04 | $383.83 | $383.925 | 2.8M |
| Aug 7, 2026 | $386.73 | $392.195 | $385.00 | $389.93 | 2.84M |
| Aug 6, 2026 | $375.25 | $384.40 | $373.00 | $377.31 | 3.58M |
The latest Smart Investors Daily articles mentioning ADI.
ADI research
Company profile and research snapshot.
Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 24, 2026 | Baird | Outperform | — |
| Aug 21, 2026 | BMO Capital | Outperform | — |
| Aug 20, 2026 | Wells Fargo | Overweight | — |
| Aug 20, 2026 | Bernstein | Outperform | — |
| Aug 20, 2026 | Morgan Stanley | Overweight | — |
Generated Sep 3, 2026, 9:01 PM
Analog Devices inched up 0.22% today as the semiconductor company continues to attract analyst attention and prepare for investor engagement. While the modest gain reflects a broader neutral market sentiment, several underlying developments suggest growing institutional interest in the stock's near-term trajectory.
Bottom line: Analog Devices shows modest positive momentum today, with Wall Street's constructive 28% upside target and upcoming investor conference participation suggesting growing confidence in the company's medium-term prospects. However, investors should remain cognizant of sector valuation pressures and cyclical headwinds, particularly in industrial and automotive end markets, which could challenge the bull case if macroeconomic conditions deteriorate.
Yahoo · Sep 3, 2026
TXN's premium valuation is backed by accelerating earnings, AI infrastructure growth, strong cash flow and manufacturing investments.
Yahoo · Sep 2, 2026
Analog Devices has outperformed the Nasdaq over the past year, and analysts are highly optimistic about the stock’s prospects.
Yahoo · Sep 2, 2026
Analog Devices, Inc. (NASDAQ: ADI) today announced that the Company's Chief Financial Officer, Richard Puccio, will discuss business topics and trends at the J.P. Morgan U.S. All Stars Conference, located in London, England, on Tuesday, September 22, at 1:00 p.m. BST.
Yahoo · Sep 1, 2026
The average of price targets set by Wall Street analysts indicates a potential upside of 28% in Analog Devices (ADI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Interpretive context generated from the platform’s current data sources.
Analog Devices shares traded at $356.50, posting a modest daily gain of 0.30% but reflecting broader weakness over intermediate timeframes. Per SID market data, ADI has declined 6.46% over the past month and 18.73% over the trailing three months, indicating sustained selling pressure in the technology sector. On a twelve-month basis, however, the stock has still gained 26.46%, outpacing many semiconductor peers. Technically, ADI is trading below both its 50-day moving average of $379.61 and its 200-day moving average of $358.14, per Massive/Polygon data, signaling a bearish technical posture. The 14-day RSI stands at 29.8, placing the stock in oversold territory and suggesting downside momentum may be nearing exhaustion. Average daily trading volume registers at approximately 4.09 million shares. ADI carries a beta of 1.031, indicating near-market-level volatility, while the company's market capitalization stands at approximately $174.2 billion.
Analog Devices currently trades at a price-to-earnings ratio of 64.26, a significant premium relative to broader market averages and indicative of elevated growth expectations embedded in the stock price, per SID market data. The PEG ratio stands at 3.24, suggesting the valuation is stretched even when adjusting for anticipated earnings growth, according to SEC filings. ADI's price-to-book ratio of 5.15 reflects substantial goodwill and intangible assets on the balance sheet, largely attributable to prior acquisitions including the Maxim Integrated merger. The company offers a dividend yield of 1.11%, providing a modest income component for shareholders. Within the technology sector, these metrics position Analog Devices at a premium valuation tier. The combination of a high P/E ratio and an above-average PEG ratio indicates that the stock's current pricing requires consistent execution on earnings growth to justify its multiple relative to semiconductor industry peers.
Analog Devices registers a smart money score of 51 out of 100, reflecting a neutral overall signal per SID market data. The institutional component scores a perfect 25 out of 25, indicating robust positioning among large fund managers and reinforcing strong institutional confidence in ADI's long-term fundamentals. However, insider activity tells a contrasting story, scoring just 2.6 out of 25. According to SEC Form 4 filings, there have been 20 insider transactions over the past 90 days, all of which were sales with zero insider purchases recorded during the period. This persistent insider selling pattern warrants monitoring as it may reflect executive compensation-related liquidation or reduced internal conviction at current valuations. Dark pool activity scores 12.0 out of 25, suggesting moderate off-exchange institutional interest, while congressional trading activity scores 11.2 out of 25 per 13F institutional filings. The divergence between strong institutional ownership and consistent insider selling creates a mixed smart money landscape for ADI shareholders.
Analog Devices has demonstrated a consistent pattern of earnings outperformance across recent quarters. According to company earnings reports, ADI reported Q1 fiscal 2026 earnings of $3.45 per share, exceeding analyst estimates of $3.34 by $0.11. The prior quarter delivered earnings of $3.09 versus the $2.90 consensus estimate, representing a $0.19 positive surprise. In Q4 fiscal 2025, the company reported $2.46 per share against estimates of $2.31, beating by $0.15. This trajectory shows sequential earnings acceleration from $2.46 to $3.09 to $3.45, reflecting strengthening demand across ADI's industrial, automotive, and communications end markets. For the upcoming quarter, analyst estimates project earnings of $2.89 per share, with results expected on May 21, 2026. The three consecutive quarters of beats averaging approximately $0.15 per share suggest the company has been executing ahead of consensus expectations, though the elevated P/E of 64.26 implies limited margin for any shortfall.
Wall Street consensus on Analog Devices remains overwhelmingly positive, with recent analyst actions reinforcing bullish sentiment. Per SID consensus data, Bernstein upgraded ADI to Outperform from Market Perform on August 20, 2026, the most notable rating change among recent coverage updates. Morgan Stanley and Wells Fargo both maintained their Overweight ratings on the same date, signaling continued conviction following the company's latest earnings beat. Baird reiterated its Outperform rating on August 24, 2026, while BMO Capital initiated coverage with an Outperform rating on August 21, 2026, according to Wall Street analyst reports. Notably, all five recent analyst actions carry positive or outperform-equivalent ratings, with no neutral or negative assessments among the group. The uniformity of bullish sentiment across major investment banks including Morgan Stanley, Wells Fargo, and Bernstein suggests institutional conviction that ADI's earnings trajectory and competitive positioning in high-performance analog semiconductors justify current valuation levels despite the recent price pullback.


The latest Smart Investors Daily articles mentioning ADI.