Analog Devices is scheduled to announce its Q2 earnings. The consensus estimates revenues of $2.51 billion for the quarter, reflecting a 16% increase year-over-year.

Analog Devices beat Wall Street expectations for quarterly revenue on Thursday, driven by upbeat demand for its chips used in the automotive and industrial sectors. The Wilmington, Massachusetts-based chipmaker said its second-quarter revenue rose 22% to $2.

On May 22, Tristan Gerra of Robert W. Baird maintained a Buy rating on Analog Devices, Inc. (NASDAQ: ADI) with a price target of $250, after the company reported its fiscal second-quarter results for 2025.

Analog Devices, Inc (NASDAQ:ADI) shares are trading higher in the premarket session on Thursday after the company reported fiscal second-quarter results. The company’s quarterly revenue increased 22% year-on-year to $2.

This was the stock's fourth consecutive day of losses.

Explore Analog Devices' Q2 2025 earnings call insights: double-digit growth, AI-driven opportunities, robust guidance for Q3, and strategic investments