Analog Devices, Inc. (NASDAQ: ADI) is ending the year with momentum—and Monday, December 22, 2025, gives investors a timely snapshot of why. The stock traded around $276 in U.S. session pricing, up roughly 0.6% on the day, with an intraday range near $275.49 to $278.14 and volume around 2.86 million shares.
But today’s tape action is only part of the story. ADI is also paying its quarterly dividend today, coming off a strong fiscal Q4 earnings report and upbeat near-term guidance, while new analyst commentary and industry chatter are putting 2026 pricing power and AI-driven infrastructure demand back in the spotlight.
Below is a full, publication-ready roundup of the latest news, forecasts, and analyst angles available as of 22.12.2025—and what they may mean for ADI stock into the next earnings cycle.
ADI stock price today: steady gains as income and outlook themes converge
As of Monday (Dec. 22), ADI shares traded near $276, up about $1.56 (roughly +0.57%) versus the prior close. The session’s price action stayed relatively tight—often a sign the market is in “digest mode” after a catalyst-heavy stretch in recent weeks across semiconductors.
For ADI specifically, the market’s focus is clustering around three near-term pillars:
- Shareholder returns (a cash dividend hitting accounts today, plus continued buyback capacity),
- Cyclical recovery in industrial/communications demand, and
- A growing narrative that analog chip pricing may be firming again heading into 2026.
Each of those themes showed up—directly or indirectly—in the most recent company guidance, analyst notes, and industry reporting.
Dividend paid today: what ADI shareholders are receiving on Dec. 22
ADI’s board declared a quarterly cash dividend of $0.99 per share, and the payment date is December 22, 2025, for shareholders of record as of December 8, 2025. [1]
Data aggregators tracking ADI’s dividend calendar also list:
- Ex-dividend date: Dec. 8, 2025
- Cash amount: $0.99
- Pay date: Dec. 22, 2025
- Indicated annual dividend:$3.96 per share (based on the current run rate) [2]
Dividend-oriented investors tend to watch ADI for a mix of income + quality: the company generates substantial free cash flow in stronger parts of the cycle and has historically leaned into returning capital. In its fiscal 2025 results materials, ADI said it generated $4.8B in operating cash flow and $4.3B in free cash flow, and returned 96% of free cash flow to shareholders in fiscal 2025 through $2.2B in repurchases and $1.9B in dividends. [3]
The last earnings report still matters—and it helps explain today’s confidence
While the dividend is the “today” headline, the bigger fundamental driver for ADI has been the company’s late-November earnings beat and guidance.
What ADI reported (fiscal Q4 2025)
Reuters reported that ADI delivered:
- Revenue: about $3.08B, above estimates
- Adjusted EPS: about $2.26 per share, above estimates [4]
Crucially for ADI (and for the broader analog chip space), Reuters highlighted strength where investors most want to see it:
- Industrial segment revenue rose 34% year over year to about $1.43B (near half of sales), and
- Communications segment revenue came in around $389.8M, also ahead of estimates. [5]
What ADI guided (fiscal Q1 2026 outlook)
ADI’s own release projected:
- Revenue:$3.1B ± $100M
- Adjusted EPS:$2.29 ± $0.10
- Adjusted operating margin: approximately 43.5% ± 100 bps [6]
That guidance matters today because it reinforces a narrative that ADI is participating in an ongoing cyclical recovery—even as management acknowledges uncertainty. Reuters quoted ADI’s CFO pointing to macro uncertainty affecting the shape of fiscal 2026, while still expressing confidence in positioning for recovery. [7]
The “2026 pricing” storyline: reports of ADI price hikes beginning Feb. 1
One of the most talked-about items around ADI in the past several days is reporting that the company plans to raise prices starting in early 2026.
A TrendForce report (published Dec. 19, 2025) said ADI has “officially informed customers” of a price increase effective February 1, 2026, citing a notice seen by EE Times China. The report said industry sources expect:
- ~10–15% increases on some standard commercial-grade products
- ~15% on some industrial-grade products
- Up to ~30% on nearly a thousand military-spec (/883) parts [8]
Why the market cares: pricing is a lever that can amplify earnings power in analog semiconductors, especially when demand is stabilizing or improving. If higher prices stick, it can support gross margin durability—but it can also create downstream risks (customers may dual-source, redesign, or push back depending on end-market conditions).
TrendForce also connected this price-hike chatter to a broader analog recovery dynamic and referenced Reuters’ reporting on ADI’s rebound and guidance. [9]
Wall Street forecasts: where analysts see ADI stock going next
Analyst forecasts are not guarantees—but they shape the narrative around what’s already “priced in” vs. what could surprise.
Consensus view: “Buy,” but not a massive gap vs. current prices
A widely cited consensus snapshot shows:
- Consensus rating: Buy
- Average price target: about $282
- Low / High target range: roughly $240 to $320 [10]
With ADI around $276 today, that average target implies only modest upside on a one-year view—suggesting many analysts already consider the recent rally to reflect improving fundamentals.
Recent target changes worth noting
Data compiled in the same forecast feed shows several notable updates in late 2025, including:
- Truist maintaining a Hold rating while raising its target $258 → $291 (Dec. 19, 2025) [11]
- UBS maintaining a Strong Buy rating while lifting its target $280 → $320 (Dec. 8, 2025) [12]
- J.P. Morgan maintaining a Buy rating and moving $310 → $320 (Nov. 26, 2025) [13]
And separately, an Insider Monkey / Finviz-posted summary said Bank of America raised its ADI price target to $320 from $290 while keeping a Buy rating, framing 2026 as part of a longer “AI-driven upgrade cycle.” [14]
The takeaway: targets are clustering near the upper-$200s to low-$300s, but the rating mix includes both bullish calls (UBS, BofA-style framing) and more cautious stances (like a Hold at Truist) even while targets rise—often a sign the Street is acknowledging improved fundamentals but debating valuation.
“Earnings estimate revisions” are turning positive—another tailwind traders watch
One reason ADI has been attracting renewed attention from momentum and quant-oriented investors is the direction of earnings estimate revisions.
A Zacks-authored note carried by Nasdaq (Dec. 16, 2025) pointed to:
- A rising trend in consensus estimate revisions,
- A Zacks Rank #2 (Buy), and
- Example figures such as an expectation of roughly $2.25 EPS for the upcoming quarter and $9.74 EPS for the full year in its snapshot discussion (as presented in that commentary). [15]
Whether investors follow Zacks or not, revisions matter because they often influence how fast the market re-rates a stock’s multiple—especially if the company is transitioning from “downcycle” to “recovery” quarters.
Sector context: analog chips are recovering, but the cycle is still a risk
ADI doesn’t trade in isolation. Macro expectations for the semiconductor cycle—and especially “old economy” end markets like industrial and automotive—can swing sentiment fast.
For example, Reuters reported earlier this year that Texas Instruments issued a disappointing outlook that signaled a delayed recovery in parts of the analog chip sector, with tariffs and automotive uncertainty among the overhangs cited in that reporting. [16]
That’s relevant to ADI because it’s a reminder that analog is cyclical—and investors can rapidly reprice the group if demand signals soften, if customers pause orders, or if trade policy shifts change cost assumptions.
Operational moves investors may be underappreciating: the ASE collaboration in Malaysia
Beyond earnings and price targets, ADI has been making structural moves around manufacturing resilience.
In October 2025, ADI and ASE announced a strategic collaboration in Penang, Malaysia, including ASE’s intention to purchase ADI’s Penang facility (subject to definitive agreements), paired with a long-term supply agreement and co-investment to expand capability and capacity. The companies said they expected to enter definitive agreements in Q4 2025, with the transaction expected to close in the first half of 2026 (subject to conditions and approvals). [17]
For a company like ADI, these steps can matter because analog customers value reliable supply, long product lifecycles, and consistent quality—especially in industrial, automotive, and aerospace/defense programs.
What to watch next for Analog Devices stock
1) Confirmation (or pushback) on 2026 pricing
If ADI pricing actions are real and sustained, investors will want to see how they show up in gross margin and whether customers accept them without meaningful demand destruction. The TrendForce report has put this on the radar heading into 2026. [18]
2) Industrial + communications demand trajectory
Reuters’ earnings coverage emphasized industrial strength and communications resilience. استمرار (continuation) of those trends is arguably the core “fundamental bet” behind the current valuation. [19]
3) Capital return execution
ADI’s own fiscal 2025 commentary highlighted heavy shareholder returns via dividends and repurchases. If free cash flow remains strong, investors may expect that posture to continue. [20]
4) Next earnings timing (dates vary across trackers)
Public earnings calendars sometimes disagree before the company officially confirms a date. Some trackers cluster ADI’s next report in mid-to-late February 2026 (with at least one major calendar citing Feb. 18, 2026). Treat these as estimates until ADI formally announces. [21]
Bottom line for Dec. 22, 2025: why ADI is on investors’ radar right now
Analog Devices stock is getting attention on December 22, 2025 for a simple reason: it sits at the intersection of income (dividend), recovery (industrial/communications), and potential pricing power (2026 chatter)—with analysts generally constructive but not universally bullish on valuation from here.
- The stock is modestly higher today near $276.
- The company is paying a $0.99 quarterly dividend today. [22]
- Management recently guided Q1 fiscal 2026 above prior Street expectations in key metrics like revenue and adjusted EPS. [23]
- Analysts’ targets broadly span $240 to $320, with a consensus near the low-$280s, and fresh raises from firms like BofA (as summarized) adding fuel to the “AI upgrade cycle” framing. [24]
- Industry reporting has elevated the possibility of ADI price increases starting Feb. 1, 2026, a development that could influence margins and customer behavior across ADI’s end markets. [25]
References
1. www.analog.com, 2. stockanalysis.com, 3. www.analog.com, 4. www.reuters.com, 5. www.reuters.com, 6. www.analog.com, 7. www.reuters.com, 8. www.trendforce.com, 9. www.trendforce.com, 10. stockanalysis.com, 11. stockanalysis.com, 12. stockanalysis.com, 13. stockanalysis.com, 14. finviz.com, 15. www.nasdaq.com, 16. www.reuters.com, 17. www.analog.com, 18. www.trendforce.com, 19. www.reuters.com, 20. www.analog.com, 21. www.zacks.com, 22. www.analog.com, 23. www.analog.com, 24. stockanalysis.com, 25. www.trendforce.com
