Analog Devices set for 56% profit jump as Q2 nears

MSN
2026.05.16 13:31
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Analog Devices is expected to see a 56% profit jump in Q2, with analysts forecasting EPS of $2.89 and revenues of $3.51 billion. The company's shares have risen 57% year-to-date, fueled by growth in various sectors. Despite competition from Texas Instruments and NXP, ADI holds a 6.69% market share and continues to demonstrate strong profitability and cash flow.