Reported 2 days ago
On May 23, Susquehanna analyst Christopher Rolland reiterated a Buy rating for Analog Devices Inc. (NASDAQ:ADI) following the company's strong fiscal Q2 2025 results, which showed revenues of $2.64 billion and solid growth above guidance. The automotive sector significantly contributed to this growth, with a 24% year-over-year increase and expectations for continued momentum. Despite potential tariff impacts, the analyst believes ADI is well-positioned for long-term growth, supported by a robust industrial recovery and increasing demand in communications.
Source: YAHOO