{"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 specializes in analog, mixed-signal, and digital signal processing technologies. As part of the Information Technology sector, ADI plays a crucial role in various applications, including automotive, industrial, and communications, which are increasingly important as the world becomes more connected and reliant on technology.","keyMetrics":[{"name":"Earnings Per Share (EPS)","why":"EPS is a key indicator of a company's profitability and performance, which investors closely watch during earnings reports.","consensus":"N/A"},{"name":"Revenue Growth","why":"Revenue growth reflects the company's ability to expand its business and capture market share, particularly in a competitive semiconductor landscape.","consensus":"N/A"},{"name":"Gross Margin","why":"Gross margin indicates the efficiency of production and pricing strategy, which is vital for maintaining profitability.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In Q2-2026, ADI reported an EPS of $3.09, exceeding expectations by 6.81%. However, the stock price fell by 3.92% the following day, indicating mixed investor sentiment despite the earnings beat.","promises":[]},"wallStreetExpectations":{"summary":"Overall, expectations for ADI's upcoming earnings are cautious, given the recent volatility in stock price despite beating EPS estimates in previous quarters.","bullCase":"If ADI continues its trend of beating EPS estimates and shows strong revenue growth, it could signal robust demand for its products, particularly in key sectors like automotive and industrial.","bearCase":"Conversely, if the company fails to meet expectations or provides weak guidance, it may raise concerns about market demand and competitive pressures, leading to a negative reaction."},"optionsSignal":{"impliedMove":"20.26%","context":"The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings report.","historicalAvgMove":"4.53%","richness":"rich","richnessContext":"Options price a 20.26% move, while the stock has averaged only 4.53% over the last 8 quarters, indicating a rich setup."},"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 EPS for Q3-2026?","whyItMatters":"Given ADI's strong track record of beating EPS estimates, this figure will be crucial for investor confidence and stock performance."},{"question":"How is revenue growth tracking in key segments like automotive and industrial?","whyItMatters":"Understanding revenue growth in these sectors will provide insight into ADI's market position and future performance, especially amid competitive pressures."}],"thesisBreakLevels":{"bullTrigger":"Earnings per share exceeding $3.20 would confirm the bull case, indicating strong demand and operational efficiency.","bearTrigger":"If EPS falls below $2.90, it would signal potential weaknesses in demand or pricing power.","context":"The core debate this quarter revolves around whether ADI can sustain its earnings momentum in a challenging semiconductor market."},"scenarioPlaybook":{"beatAndRaise":"If ADI beats expectations and raises guidance, history suggests the stock could rise by about 1.89% on the following day, confirming strong demand.","inLineCautious":"If results are in line with expectations but management provides cautious commentary, the stock may experience muted movement, reflecting uncertainty.","miss":"Should ADI miss expectations, history suggests a potential decline of around 4.53%, indicating investor disappointment."},"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 the potential for ADI to outperform due to its strong positioning in high-demand sectors like automotive and industrial.","supportingPoints":["Despite recent stock price volatility, ADI has consistently beaten EPS estimates, indicating underlying strength.","The options market is pricing in a significant move, suggesting that traders expect a notable reaction to the earnings report.","Insider selling could indicate a need for liquidity rather than a lack of confidence in the company's future performance."],"riskToConsensus":"If revenue growth in key segments exceeds expectations, it could challenge the current cautious sentiment."},"whatToListenFor":["Any updates on demand trends in the automotive sector.","Insights into supply chain stability and its impact on production.","Comments on pricing strategies in response to competitive pressures.","Guidance on expected revenue growth for the next quarter.","Management's outlook on macroeconomic factors affecting the semiconductor industry."],"metaDescription":"Analog Devices (ADI) reports Q3 2026 earnings August 19. Key focus will be on EPS and revenue growth in automotive and industrial sectors."}}