{"symbol":"ADI","fiscalQuarter":"Q2-2026","reportDate":"2026-05-20","reportTime":"BMO","status":"reported","company":{"name":"Analog Devices, Inc.","sector":"Information Technology","industry":"Semiconductors"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/ADI/earnings/Q2-2026","estimates":{"consensusEps":2.9005,"consensusRevenue":3511.81,"epsLow":2.88,"epsHigh":3.02,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"Analog Devices, Inc. (ADI) is a leading semiconductor company that designs and manufactures analog, mixed-signal, and digital signal processing integrated circuits. Operating in the Information Technology sector, ADI plays a crucial role in powering various applications, including industrial automation, automotive systems, and communications, making it a key player in the ongoing technological advancements.","keyMetrics":[{"name":"EPS","why":"Earnings per share is a critical indicator of profitability and helps investors gauge the company's financial health.","consensus":"$2.90"},{"name":"Revenue","why":"Revenue figures provide insight into the company's sales performance and overall market demand for its products.","consensus":"$3.5B"}],"lastQuarterRecap":{"summary":"In Q1-2026, ADI reported an EPS of $2.46, surpassing expectations by 6.45%. The stock reacted positively, rising 2.63% the following day.","promises":["Continued focus on expanding product offerings in industrial and automotive sectors.","Commitment to maintaining strong gross margins.","Plans to enhance supply chain resilience."]},"wallStreetExpectations":{"summary":"Analysts expect ADI to deliver solid earnings driven by strong demand in key markets. The consensus EPS of $2.90 reflects optimism about the company's growth trajectory.","bullCase":"If ADI exceeds EPS expectations and shows strong revenue growth, it could indicate robust demand and market share gains, leading to a positive stock reaction.","bearCase":"Conversely, if the company misses EPS targets or provides weak guidance, it may raise concerns about demand and competitive pressures, resulting in a negative market response."},"optionsSignal":{"impliedMove":"6.85%","context":"The options market is pricing in a significant move, suggesting that traders anticipate volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+6.45%","reaction":"+2.63%"},{"quarter":"Q4-2025","epsSurprise":"+1.80%","reaction":"+5.27%"},{"quarter":"Q3-2025","epsSurprise":"+13.89%","reaction":"+6.26%"},{"quarter":"Q2-2025","epsSurprise":"+9.73%","reaction":"-4.63%"},{"quarter":"Q1-2025","epsSurprise":"+5.78%","reaction":"+9.74%"}],"pivotalQuestions":[{"question":"Will ADI's EPS exceed $2.90, and what factors contributed to this performance?","whyItMatters":"The EPS figure is crucial for assessing profitability and will heavily influence investor sentiment."},{"question":"What is the outlook for revenue growth, particularly in the industrial and automotive sectors?","whyItMatters":"Understanding revenue drivers will provide insights into market demand and the company's competitive position."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $2.95 or higher, coupled with strong revenue growth, would confirm the bullish outlook.","bearTrigger":"An EPS below $2.85, along with weak revenue guidance, would support the bearish case.","context":"This quarter's performance is critical as it reflects ADI's ability to navigate market challenges and capitalize on growth opportunities."},"scenarioPlaybook":{"beatAndRaise":"If ADI beats expectations, history suggests a potential stock increase of around 3.74%, confirming strong demand and operational efficiency.","inLineCautious":"A cautious in-line result may lead to muted stock movement as investors digest management's commentary on future growth.","miss":"If ADI misses expectations, the stock could see a decline, with historical patterns indicating a possible drop based on past performance."},"whatTheStreetIsMissing":{"thesis":"The consensus may underestimate ADI's growth potential in the automotive sector, where demand for advanced driver-assistance systems is surging.","supportingPoints":["Recent industry reports indicate a stronger-than-expected recovery in automotive sales, which could benefit ADI.","Options pricing suggests a larger move than historical averages, indicating heightened investor uncertainty.","Insider selling could reflect a strategic shift rather than a lack of confidence in the company's future."],"riskToConsensus":"If automotive revenue growth exceeds expectations, it could significantly alter the market's perception of ADI's growth trajectory."},"whatToListenFor":["Updates on demand trends in the automotive and industrial sectors.","Details on supply chain improvements and their impact on production capacity.","Any changes in pricing strategy for key products.","Insights into competitive dynamics and market share developments.","Management's commentary on future growth initiatives and investment plans."],"metaDescription":"Analog Devices (ADI) reports Q2 2026 earnings May 20. Analysts expect $2.90 EPS on $3.5B revenue. Here's what to watch."},"postBrief":{"headline":"Analog Devices Beats on EPS, Stock Down 3.9%","keyNumbers":[{"metric":"EPS","actual":"$3.09","expected":"$2.90","surprise":"+6.81%"},{"metric":"Revenue","actual":"\u2014","expected":"$3.5B","surprise":"\u2014"}],"managementCommentary":{"tone":"Unknown","keyQuotes":[],"summary":"No transcript is on record, and the analysis is based on numerical results only."},"guidanceChanges":{"summary":"No guidance data is available.","changes":[]},"whatItMeans":"Analog Devices reported better-than-expected earnings per share, but did not provide revenue figures or future guidance. The stock reacted negatively, declining by 3.9%, likely due to uncertainty surrounding revenue performance and lack of guidance.","metaDescription":"Analog Devices (ADI) Q2 2026 earnings: EPS beat by 6.81%, revenue not disclosed. Stock down 3.9%. Full breakdown."}}