{"symbol":"ADI","fiscalQuarter":"Q3-2026","reportDate":"2026-08-19","reportTime":"BMO","status":"upcoming","company":{"name":"Analog Devices, Inc.","sector":"Information Technology","industry":"Semiconductors"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/ADI/earnings/Q3-2026","preBrief":{"companySnapshot":"Analog Devices, Inc. (ADI) is a leading semiconductor company that designs and manufactures analog, mixed-signal, and digital signal processing integrated circuits. As a key player in the information technology sector, ADI is crucial for applications in various industries, including automotive, communications, and industrial automation, especially with the growing demand for advanced technologies like AI and IoT.","keyMetrics":[{"name":"Earnings Per Share (EPS)","why":"EPS is a critical measure of a company's profitability and will indicate how well ADI is managing costs and generating income.","consensus":"N/A"},{"name":"Revenue Growth","why":"Revenue growth is essential to assess the company's ability to expand its market share and meet demand in a competitive environment.","consensus":"N/A"},{"name":"Gross Margin","why":"Gross margin reflects the efficiency of production and pricing strategy, which is vital for maintaining profitability in a fluctuating market.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In Q2-2026, ADI reported an EPS of $3.09, surpassing estimates by 6.81%. However, the stock declined by 3.92% the following day, indicating mixed market reactions despite the earnings beat.","promises":["Continued focus on innovation in analog and mixed-signal technologies.","Commitment to expanding into new markets, particularly in automotive and industrial sectors.","Plans to enhance operational efficiency to improve gross margins."]},"wallStreetExpectations":{"summary":"Overall, expectations for ADI's upcoming earnings are cautious, with investors looking for signs of sustained growth amid economic uncertainties.","bullCase":"If ADI can demonstrate strong revenue growth and maintain or improve its gross margins, it could lead to positive sentiment and stock appreciation.","bearCase":"Conversely, if the company fails to meet revenue expectations or shows signs of declining margins, it could trigger a negative reaction from investors."},"optionsSignal":{"impliedMove":"20.26%","context":"The options market is pricing in a significant move, suggesting that traders anticipate volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q2-2026","epsSurprise":"+6.81%","reaction":"-3.92%"},{"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%"},{"quarter":"Q4-2024","epsSurprise":"+2.14%","reaction":"-2.03%"},{"quarter":"Q3-2024","epsSurprise":"+5.33%","reaction":"+1.79%"}],"pivotalQuestions":[{"question":"What will be the reported revenue growth rate compared to last year?","whyItMatters":"Revenue growth is a key indicator of ADI's ability to capture market demand and will significantly influence investor sentiment."},{"question":"How will gross margins be impacted by current market conditions?","whyItMatters":"Changes in gross margins can signal the company's operational efficiency and pricing power, which are critical for long-term profitability."}],"thesisBreakLevels":{"bullTrigger":"Revenue growth of over 10% year-over-year would confirm the bull case and indicate strong demand.","bearTrigger":"A decline in gross margins below 60% would confirm the bear case and raise concerns about profitability.","context":"This quarter, the debate centers around ADI's ability to sustain growth in a competitive semiconductor market while managing costs effectively."},"scenarioPlaybook":{"beatAndRaise":"If ADI beats expectations and raises guidance, history suggests a potential stock increase of around 1.89% on the following day.","inLineCautious":"If results are in line with expectations but management provides cautious commentary, the stock may see limited movement.","miss":"Should ADI miss expectations, history indicates a potential decline of around 4.53% on the next trading day."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Semiconductors","sampleSize":30,"fadeRate":"4 of 9 (44%)","insight":"This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held \u2014 no strong directional bias after the initial reaction. The average absolute 1-day move is 4.3%, with a raw directional average of -0.4% (modestly negative historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating ADI's potential for revenue growth driven by increased demand in automotive and industrial applications, which could lead to stronger-than-expected results.","supportingPoints":["Options are pricing a 20.26% move, indicating significant market expectations that may not align with actual performance.","The company's historical EPS beat rate of 100% suggests a strong track record of exceeding expectations.","Recent trends in the semiconductor industry indicate a rebound in demand that could favor ADI's growth."],"riskToConsensus":"If revenue growth exceeds 10%, it could challenge the cautious outlook currently held by analysts."},"whatToListenFor":["Any updates on revenue growth in the automotive sector.","Management's commentary on supply chain challenges and their impact on production.","Insights into new product launches and their expected market reception.","Discussion on competitive pressures and pricing strategies.","Updates on strategic partnerships or acquisitions that could enhance growth."],"metaDescription":"Analog Devices (ADI) reports Q3 2026 earnings on August 19. Investors are watching for revenue growth and margin trends."}}