BUZZ-Analog Devices rises on upbeat Q2 earnings forecast** Shares of chipmaker Analog Devices ADI.O rise 6.7% to $360 premarket
** Co sees Q2 rev of $3.5 bln plus or minus $100 mln, above Wall Street estimates of $3.23 bln, according to LSEG data
** Also sees Q2 adj.EPS of $2.88 plus or minus 15 cents, also above estimates of $2.46
** Co sees increased demand for its semiconductors from ai-fueled industrial and data center customer demand
** ADI tops Q1 revenue and Q1 adj.EPS analyst estimates- LSEG data
** 28 of 39 brokerages rate the stock "buy" or higher, 11 "hold"; their median PT is $315- LSEG data
** Up to last close, stock up 24.4% YTD vs 27.6% rise in 2025
(Reporting by Avinash P in Bengaluru)
((Avinash.P@thomsonreuters.com;))
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