Analog Devices stock hits all-time high at $284.40 By Investing.com
Analog Devices Inc. (ADI) stock reached a new all-time high of $284.40, surpassing its previous 52-week high, driven by robust performance and strong market demand for its semiconductor technology. The company has seen a nearly 30% surge in its stock price over the past year, with significant upward revisions in earnings estimates from analysts. However, current valuations suggest the stock might be trading above its Fair Value according to InvestingPro data.
https://uk.investing.com/news/company-news/analog-devices-stock-hits-alltime-high-at-28440-93CH-4440205