Analog Devices Inc is trading 4% up today at around $418–$421 as investors revisit the company's record fiscal Q2 2026 earnings and upbeat outlook.

  • The company delivered record revenue of $3.62 billion, characterized by strong cash generation and continued hefty capital returns to shareholders.
  • Sentiment is recovering from last week’s initial sell-the-news reaction following the announced $1.5 billion acquisition of Empower Semiconductor, which is now being viewed as a strategic positive.