Analog Devices (ADI) Stock Dips While Market Gains: Key Facts
Analog Devices (ADI) closed at $361.85, down 1.51% on the day, while the S&P 500 rose 1.48%. Over a month, ADI fell 2.59%. Ahead of earnings on Aug. 19, 2026, forecasts call for EPS of $3.33 and quarterly revenue of $3.92B. Full-year estimates: EPS $12.42, revenue $14.55B. ADI has a Zacks Rank #2 and trades at a forward P/E of 29.58.
How this was made
The 30-second read
Why it matters
The actionable element is the upcoming earnings date and the specific consensus EPS and revenue targets, which can drive positioning and implied volatility into the report.
Market read
ADI is down on the day and has underperformed over the month, but consensus points to strong YoY growth, setting up a catalyst-driven setup for earnings positioning.
What to watch
No details are provided on order trends, margins, guidance quality, or segment mix, which are typically the key drivers for earnings reactions in semiconductors.
Background
This is a market wrap plus a pre-earnings preview for Analog Devices, citing recent price performance and consensus expectations.
Ticker impact
Analog Devices shares closed down 1.51% and the article flags Aug. 19 earnings with consensus EPS $3.33 and revenue $3.92B.
Moderate volatility into the Aug. 19 earnings date, with direction likely driven by whether results/revisions confirm the strong consensus growth.
The text provides the earnings date and consensus figures plus a recent consensus EPS estimate uptick and a Zacks Rank of #2, but it does not disclose any new earnings/guidance or analyst action beyond estimate revisions.
Market effects
Semiconductor analog/mixed-signal sentiment is mixed, with ADI underperforming the Computer and Technology sector over the prior month.
No specific regional impact beyond US index performance mentioned.
No direct global macro or international event tied to ADI in the text.
Counterpoint
The article’s bullish framing is based on consensus growth and estimate revisions, which can already be priced in; the stock’s recent weakness may reflect skepticism not captured by consensus.
Key entities
- companyAnalog Devices
Semiconductor maker discussed as the subject, with upcoming earnings on Aug. 19 and consensus EPS/revenue figures.
- estimate_sourceZacks Consensus Estimates
Provides forecast EPS and revenue for the quarter and full year, plus recent EPS estimate change.



