ADI Analog Devices · $375.36 Hold off — timing against you暂缓 — 时机不利 Terminal终端 ↗

Analog Devices · Tech

ADI

$375.36

Analog Devices, Inc. (ADI), also known simply as Analog, is an American multinational semiconductor company specializing in data conversion, signal processing, and power management technology, headquartered in Wilmington, Massachusetts.亚德诺半导体技术有限公司（ADI），通常简称为Analog，是一家专注于数据转换、信号处理和电源管理技术的美国跨国半导体公司，总部位于马萨诸塞州威尔明顿。

Speculative / unprofitable投机／未盈利 Large cap大盘 $183B

Engine stance引擎立场2026-07-20

Hold off — timing against you暂缓 — 时机不利

Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。

Open in Terminal打开终端 ↗ All coverage所有股票 Data through数据截至 2026-07-20 · regenerated nightly每日更新

Price Chart价格图表

Full chart in Terminal终端完整图表 ↗

Key Statistics关键统计

Price价格

$375.36

15.7% below 52-week high低于52周高点 15.7%

Market Cap市值

$183B

Normal volume正常成交量

P/E Ratio市盈率

80.8x

40.2x sector median

Forward P/E预测市盈率

25.0x

EPS每股收益 $4.64

Beta贝塔

1.56

Moves about 1.6x the market波动幅度约为市场的 1.6 倍

Dividend Yield股息收益率

1.17%

RSI (14)RSI（14）

Neutral zone中性区域

Volatility Rank波动率分位

94th pctile

hist. vol. percentile历史波动率分位数

Short Interest空头兴趣

2.5% of float

Performance价格表现

Period周期	ADI	S&P 500	vs Index对比指数
1 Week近1周	-5.1%	-1.5%	Lagged the index by 3.6 points落后指数 3.6 个百分点
1 Month近1月	-9.4%	+0.6%	Lagged the index by 10.0 points落后指数 10.0 个百分点
3 Months近3月	+1.3%	+4.7%	Lagged the index by 3.4 points落后指数 3.4 个百分点
6 Months近6月	+25.8%	+7.8%	Beat the index by 18.0 points跑赢指数 18.0 个百分点
Year to date年初至今	+37.9%	+9.1%	Beat the index by 28.8 points跑赢指数 28.8 个百分点
1 Year近1年	+57.9%	+19.4%	Beat the index by 38.5 points跑赢指数 38.5 个百分点
3 Years近3年	+100.5%	+69.4%	Beat the index by 31.1 points跑赢指数 31.1 个百分点
5 Years近5年	+154.6%	+83.9%	Beat the index by 70.7 points跑赢指数 70.7 个百分点

Technicals技术面

Active signals活跃信号

RSI-21 Oversold EntryDouble Top (Short-term)Long-term Rising Trend1-Day Return (cross-sectional rank → top/bottom gainers)Valuation cheapness percentile (0–1, higher = cheaper vs peers)

RSI (14)RSI（14） 42 Neutral zone中性区域

vs 50-day相对50日均线 -7.7% vs 50-day avg

vs 200-day相对200日均线 +16.1% vs 200-day avg

Trend strength (ADX)趋势强度（ADX） 18 No clear trend无明显趋势

Volatility rank波动率分位 94th percentile 分位

Engine reference levels — not advice引擎参考水平 — 非投资建议

Stop止损

$375.40

Blocked — failed cycle受阻 — 失败周期

Earnings财务业绩

Estimates being raised — 27 analysts预期上调 — 27 位分析师

Post-earnings drift: +12.6% (20d)财报后漂移：+12.6%（20日）

Earnings call transcripts — coming soon财报电话会议记录 — 即将上线

Valuation估值

Multiple指标	ADI	Sector median行业中位	Cheaper than相对便宜
P/E (trailing)市盈率（历史）	80.82x	40.17	24%
P/E (forward)市盈率（预测）	25.0x	—	—
P/B市净率	5.42x	5.85	52%
P/S市销率	16.63x	4.85	10%
Earnings yield盈利收益率	1.24%	2.19	35%
FCF yield自由现金流收益率	2.33%	3.05	41%
Shareholder yield股东收益率	2.23%	2.16	53%
EV/EBITDA企业价值/EBITDA	56.57x	29.30	26%
P/FCF市值/自由现金流	42.83x	30.46	35%

Analyst price targets — coming soon分析师目标价 — 即将上线

Financials财务数据

Revenue营业收入

$5.6B

2020

$7.3B

2021

$12.0B

2022

$12.3B

2023

$9.4B

2024

$11.0B

2025

5yr CAGR5年复合增速: 14.5%

Earnings Per Share每股收益

2020

2021

$5.25

2022

$6.55

2023

$3.28

2024

$4.56

2025

Free Cash Flow自由现金流

$1.8B

2020

$2.4B

2021

$3.8B

2022

$3.6B

2023

$3.1B

2024

$4.3B

2025

Margins利润率

Gross margin毛利率

61.5%

Operating margin营业利润率

26.6%

Net margin净利率

20.6%

FCF margin自由现金流利润率

43.7%

6.7%Return on Equity股本回报率

4.7%Return on Assets资产回报率

Leverage杠杆

Net debt / EBITDA净债务/EBITDA	1.69
Current ratio流动比率	2.19

Capital Allocation资本配置

Buybacks (TTM)回购（TTM）	$2.2B
Stock-based comp股权薪酬	$321.6M
Share count change (1y)股数变化（1年）	-1.6%

Piotroski皮奥特罗斯基 8/9 Altman Z阿尔特曼Z: safe (8.6) Warning警示

Snapshot Gauges综合指标

Valuation vs Sector估值相对行业

Roughly fair vs sector相对行业估值合理

Cheaper than 31% of its sector on blended multiples综合估值倍数低于行业内 31% 的公司

Beta市场敏感度

1.56×

0.21×3×

Moves about 1.6× the market波动幅度约为市场的 1.6 倍

Financial Health财务健康

8/9

Altman阿尔特曼: safe

Strong financial health财务健康状况良好

Dividend分红

1.17%

Pays a dividend (1.17% yield)有分红（收益率 1.17%）

Why Is It Moving为何波动

Sector / Theme行业/主题 Technology (Equal-Weight) theme — #23 of 46 themes「信息技术（等权）」主题 — 46 个主题中第 23 位

Macro宏观 Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。

Positioning持仓 Insider cluster activity内部人集中交易

Technical技术面 ADI StochRSI turned up from oversoldADI StochRSI自超卖区上行

Options Positioning期权持仓

Market makers are net short gamma — price moves may amplify做市商净持有负伽玛，价格波动可能被放大

Expected daily move预期日波动

±3.75%

Expected weekly move预期周波动

±8.39%

Call wall看涨密集区

$398

Put wall看跌密集区

$375

Gamma flip伽玛翻转

$378

25d risk reversal25d风险逆转

-6.3%

Flow资金流向

$18M premium traded; 0% 0DTE; 49 fresh positions; P/C 1.39; ~leans bearish/hedging (direction approx)成交权利金 $18M；0DTE占0%；49个新建仓；看跌看涨比 1.39；≈偏看跌/对冲（方向近似）

Skew: 偏斜：fear

Ownership & Smart Money持仓与聪明钱

Insider activity内部人员活动: -$37.9M net (0 buyers, 7 sellers)-$37.9M 净值（0 买家，7 卖家）

Concentrated ownership集中持仓

Fund基金	Grade评级	Activity动作	% of portfolio组合占比	As of截至
D1 Capital Partners	A	New position新建仓	0.8%	2026-03-31
Giverny Capital	C	Holding持有	2.0%	2026-03-31
Light Street Capital	B	Holding持有	0.6%	2026-03-31
AKO Capital	B	trimtrim	6.4%	2026-03-31
Soros Fund Management	B	exitexit	0.0%	2026-03-31

Signal History信号历史

NEARING A HIGH → DOWNTREND接近高点 → 下跌趋势

AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases)回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）

DECLINE DOWNTREND

Jul 10, 2026

ADI StochRSI turned up from oversoldADI StochRSI自超卖区上行

StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $395.65.StochRSI重回20上方 — 下行动量趋缓的最早预警。$395.65。

Jul 8, 2026

DOWNTREND → UNCONFIRMED TURN下跌趋势 → 未确认转向

HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作

Jul 7, 2026

UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势

AVOID回避

Jul 6, 2026

DOWNTREND → UNCONFIRMED TURN下跌趋势 → 未确认转向