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<p><strong>Analog Devices Inc (NASDAQ:ADI) </strong>will report fiscal second-quarter earnings before the open on Tuesday, May 20. According to Zacks Research, analysts expect earnings of $2.89 per share on revenue of $3.51 billion, representing year-over-year growth of 56% and 33%, respectively.</p>
<p>Options traders are bracing for a sizable post-earnings move. The options pits are pricing in a next-day swing of 10.1%, nearly double the stock's historical earnings move of 5.4% over the last eight quarters. Analog Devices stock has leaned bullish after earnings lately, closing six of its last eight post-earnings sessions higher, including its last three. </p>
<p>The shares were last seen down 1.3% at $413.06, moving further from their recent May 13 record high of $435.72. Since the start of 2026, ADI is outperforming with a 52.5% lead. </p>
<p><img src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/may/intraday/adi-may-19.png/query-c2Z2cnNuPTM4NDliZDA2XzI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="ADI May 19" title="ADI May 19" width="581" height="303" original-src="https://imageproxy.pbkrs.com/https://schaeffers-cdn.s3.amazonaws.com/images/default-source/schaeffers-cdn-images/2026/may/intraday/adi-may-19.png/query-c2Z2cnNuPTM4NDliZDA2XzI"/></p>
<p>Analyst sentiment remains firmly bullish. Of the 32 brokerages in coverage, 23 carry a &#34;strong buy&#34; rating, compared to four &#34;buy&#34; ratings and just five &#34;hold&#34; ratings, with no &#34;sell&#34; or &#34;strong sell&#34; recommendations on the books. Elevated expectations could leave the shares vulnerable to bear notes, should earnings disappoint.</p>
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<div>Sentiment in the options pits leans pessimistic ahead of the event. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), ADI's 10-day put/call volume ratio of 1.55 ranks higher than 70% of annual readings. </div>
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<div>It's also worth noting that the stock sports a <strong>Schaeffer's Volatility Scorecard (SVS)</strong> of 87 out of 100, suggesting the equity has consistently exceeded options traders' volatility expectations during the past year.</div>
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亚德诺

半导体 ETF - VanEck Vectors

标普半导体 ETF - SPDR

半导体 3 倍做多 - Direxion

费城交易所 半导体 ETF - iShares

<p>亚德诺半导体公司（NASDAQ:ADI）将于 5 月 20 日公布 2023 财年第二季度财报，分析师预计每股收益为 2.89 美元，收入为 35.1 亿美元，同比增长分别为 56% 和 33%。该股目前下跌 1.3%，报 413.06 美元，远离其创纪录高点 435.72 美元。分析师情绪乐观，32 家券商中有 23 家给予 “强烈买入” 评级。然而，期权交易者则表现谨慎，暗示财报发布后可能会出现波动</p>

在财报发布之前，亚德诺的股票从历史高位回落