Analog Devices (ADI) Up More Than 60% Over the Past 6 Months. Here’s What You Need to Know
Key takeaways
- Here’s What You Need to Know Talha Qureshi Sun, June 28, 2026 at 5:13 AM GMT+7 1 min read ADI Analog Devices, Inc.
- The company posted fiscal Q2 2026 earnings on May 20.
- On June 8, BofA hosted 37 semiconductor management teams at its 2026 Tech Conference.
Here’s What You Need to Know Talha Qureshi Sun, June 28, 2026 at 5:13 AM GMT+7 1 min read ADI Analog Devices, Inc. (NASDAQ:ADI) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. Analog Devices, Inc. (NASDAQ:ADI) has gained more than 60% over the past 6 months. ADI has benefitted from strong second-quarter earnings and robust demand from data centers.
The company posted fiscal Q2 2026 earnings on May 20. Revenue for the quarter reached $3.62 billion and surpassed the $3.5 billion expectations. The EPS of $3.09 also topped expectations of $2.91. The growth was driven by the Industrial business segment, which grew 56% year-over-year, while the communication segment saw a 79% year-over-year revenue increase, driven by a 90% jump in data center sales as demand for AI infrastructure continues to scale.
On June 8, BofA hosted 37 semiconductor management teams at its 2026 Tech Conference. The firm noted that while the supply is expanding rapidly, it still falls behind the surging demand. The firm noted Analog Devices, Inc. (NASDAQ:ADI) as one of the stocks under focus, as it has strong growth potential but has underperformed the SOX index year-to-date.