Is Analog Devices Stock Underperforming the Nasdaq?
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With a market cap of $110.3 billion, Analog Devices, Inc. (ADI) is a leading global semiconductor manufacturer specializing in high-performance analog, mixed-signal, and digital signal processing (DSP) integrated circuits. The Wilmington, Massachusetts-based company's product portfolio encompasses both general-purpose products used by a diverse range of customers and applications, as well as application-specific products tailored for specific target markets.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Analog Devices fits this description perfectly. ADI is a powerhouse in precision analog and mixed-signal semiconductors, deeply embedded across diverse high-growth end-markets. Its leadership in data conversion, amplification, power management, and DSP, combined with global manufacturing scale and a strong innovation engine, positions it to thrive in the intelligent-edge era.
Despite the strengths, ADI shares have retreated 10.1% from their 52-week high of $247.10 recorded on Feb. 20. Over the last three months, Analog Devices stock has plunged marginally, trailing the broader Nasdaq Composite’s ($NASX) 8.1% rise over the same time frame.
In the longer term, ADI has gained 4.6% on YTD, exceeding $NASX’s 1.1% rise. However, over the last 52 weeks, shares of Analog Devices have dropped 6.4%, while the $NASX has climbed 13.7%.
Indicating a recent uptrend, ADI has mostly remained above its 50-day and 200-day moving averages for the last month.
Analog Devices shares gained nearly 2% on June 6, outperforming the S&P 500’s 1% rise, after Citigroup Inc. (C) named it one of its top semiconductor picks for 2025. The bank expressed optimism about ADI’s growth potential and the broader strength of the semiconductor sector this year.
In contrast, rival Intel Corporation (INTC) fell behind ADI. INTC shares declined 34.1% in the last 52 weeks and moved up marginally on a YTD basis.
Analysts are fairly optimistic about ADI's prospects, with 31 analysts assigning it a consensus "Moderate Buy" rating. The mean price target of $249.68 implies an upswing potential of 12.3% from the prevailing price levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.