5 High Growth Semiconductor Stocks to Buy Now

In this piece we will look at the 5 High Growth Semiconductor Stocks to Buy Now. Please visit 12 High Growth Semiconductor Stocks to Buy Now if you’d like to see an extended list and how we came up with the list of High Growth Semiconductor Stocks to Buy Now.

​5. Analog Devices, Inc. (NASDAQ:ADI)

EPS Growth Next 5 Years: 30.12%

Number of Hedge Fund Holders: 109

Analog Devices, Inc. (NASDAQ:ADI) is one of the High Growth Semiconductor Stocks to Buy Now. Recently, on June 24, Stifel raised the firm’s price target on Analog Devices, Inc. (NASDAQ:ADI) from $450 to $498 and maintained a Buy rating on the shares.

​The rating follows the company’s strong Q2 2026 earnings posted on May 20. During the quarter, Analog posted $3.62 billion in revenue and topped the expectation of $3.52 billion. The EPS of $3.09 also topped the expected $2.91. The performance was driven by a 56% year-over-year growth in the Industrial Business segment. This segment is the largest segment, which contributes 50% to the total revenue.

​Management issued robust Q3 2026 guidance with a revenue midpoint of $3.9 billion and adjusted EPS of $3.30, significantly higher than the analyst consensus of $3.62 billion and $3.00.

​Stifel noted that the raised price target is based on strong earnings, as it validates the firm’s thesis from last quarter. Stifel noted that analog companies, including Analog Devices, Inc. (NASDAQ:ADI), were poised for a potential breakout in 2026. Stifel believes that despite the broader tech sector sell-off, Analog Devices remains an attractive buying opportunity.

Analog Devices Inc. (NASDAQ:ADI) is a global semiconductor company and a specialist in data conversion, signal processing, and power management chips. Analog’s technology is used across diverse industries, including healthcare, automotive, and communications.