Analog Devices (ADI) Stock Near Record Highs After Blowout Q4 2025 – Can the Rally Continue in 2026?
Published: December 8, 2025 Analog Devices, Inc. (NASDAQ: ADI) is finishing 2025 on a high note. The analog chip specialist has just delivered a stronger‑than‑expected fourth quarter, issued upbeat guidance for early fiscal 2026, and is trading close to fresh 52‑week highs. At the same time, the stock now commands a rich valuation north of 60x trailing earnings, and a growing chorus of analysts and models are warning about limited upside – or even a near‑term pullback. Reuters+1 Here’s a detailed look at where ADI stands today, what the latest news and forecasts say, and how the risk‑reward profile is