Analog Devices (ADI) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- —
- Estimate
- $3.33
- Surprise
- —
- Revenue (period 2026-08-01)
- $4.02B
- Score today
- 6.5/10
Revenue source: xbrl.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ADI Buy (Wait) at 6.5/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate. Next scheduled report: 2026-11-24.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.6 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Customer: third-party distributors (56.0%)
- Concentration risk — Supplier: TSMC and other wafer foundries
- Thin upside margin: 7.2%
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $403.95
- Entry target
- $392.72
- Price target
- $433.06
- Stop
- $369.82
- Upside to target
- +7.2%
- Reward-to-risk
- 0.7:1
The stock trades at 49.3× trailing but 24.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
ADI at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductors
- Market cap
- $195.56B
- P/E (fwd)
- 24.7
- P/E (ttm)
- 49.3
- 52-week range
- $223.47–$445.91
- Off 52-week high
- 9.4%
- RSI (14)
- 58
- Volume vs avg
- 1.36×
- Score today
- 6.5/10