Analog Devices, Inc. (NASDAQ:ADI) Stock Has Consensus Price Target of $461.85

Key Points

• Analyst sentiment is broadly positive: 30 of 34 covering firms rate Analog Devices a Buy, with an average 12-month price target of $461.85. Recent targets range from $425 to $675, while Zacks downgraded the stock to Hold.
• Shares fell 2.8% to $397.97 on Friday, below the average analyst target; the stock’s 52-week range is $224.25–$445.91.
• Recent results showed strong growth: quarterly EPS of $3.45 beat estimates of $3.34, and revenue rose 39.2% year over year to $4.02 billion. Insiders sold 52,436 shares worth about $20.7 million over the past 90 days.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) has been assigned an average rating of "Moderate Buy" from the thirty-four research firms that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $461.85.

A number of research analysts have recently issued reports on the company. Roth Capital began coverage on Analog Devices in a report on Friday. They issued a "buy" rating and a $505.00 price target on the stock. Robert W. Baird upped their price objective on Analog Devices from $450.00 to $675.00 and gave the stock an "outperform" rating in a research note on Monday, August 24th. Piper Sandler set a $460.00 price objective on Analog Devices in a research report on Tuesday, September 8th. Seaport Research Partners upgraded Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 target price on the stock in a research note on Thursday, August 20th. Finally, Zacks Research downgraded shares of Analog Devices from a "strong-buy" rating to a "hold" rating in a report on Wednesday.

Insider Transactions at Analog Devices

In other Analog Devices news, insider Vivek Jain sold 3,305 shares of the firm's stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the sale, the insider directly owned 40,428 shares in the company, valued at $16,437,216.24. This trade represents a 7.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard C. Puccio, Jr. sold 2,683 shares of Analog Devices stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total transaction of $1,004,944.48. Following the completion of the transaction, the chief financial officer directly owned 54,177 shares in the company, valued at $20,292,537.12. This represents a 4.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,436 shares of company stock valued at $20,681,906 in the last 90 days. Insiders own 0.36% of the company's stock.

Institutional Trading of Analog Devices

Institutional investors have recently made changes to their positions in the business. Oxford Financial Group LTD. LLC boosted its holdings in Analog Devices by 1.5% in the third quarter. Oxford Financial Group LTD. LLC now owns 2,700 shares of the semiconductor company's stock worth $1,071,000 after acquiring an additional 40 shares in the last quarter. Empowered Funds LLC boosted its stake in Analog Devices by 2.1% in the 3rd quarter. Empowered Funds LLC now owns 84,886 shares of the semiconductor company's stock worth $33,675,000 after purchasing an additional 1,785 shares in the last quarter. United Southern Bank Trust Department acquired a new position in shares of Analog Devices in the 3rd quarter valued at $682,000. Steward Partners Investment Advisory LLC increased its position in shares of Analog Devices by 5.4% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 159,682 shares of the semiconductor company's stock valued at $63,347,000 after acquiring an additional 8,232 shares during the period. Finally, New World Advisors LLC purchased a new position in Analog Devices in the 3rd quarter worth $434,000. Institutional investors and hedge funds own 86.81% of the company's stock.

Key Analog Devices News

Here's some of the latest news about ADI:

• Positive Sentiment: Roth Capital initiated coverage with a Buy rating and a $505 price target, citing Analog Devices’ growing content in AI infrastructure. Roth Capital Buy rating article
• Neutral Sentiment: An article reported fresh ETF buying in ADI, which may provide some demand support, while also raising the question of whether the stock is already expensive. ETF buying and valuation article
• Negative Sentiment: Zacks Research lowered its rating from Strong Buy to Hold, adding to near-term pressure. Zacks Research rating information

Analog Devices Stock Down 2.8%

Shares of NASDAQ:ADI traded down $11.32 during trading hours on Friday, hitting $397.97. The company's stock had a trading volume of 3,114,598 shares, compared to its average volume of 4,960,515. The firm's fifty day moving average price is $394.80 and its 200 day moving average price is $375.87. Analog Devices has a 52 week low of $224.25 and a 52 week high of $445.91. The company has a market capitalization of $192.84 billion, a price-to-earnings ratio of 47.21, a P/E/G ratio of 0.99 and a beta of 1.24. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. Analog Devices's revenue was up 39.2% compared to the same quarter last year. During the same period last year, the company posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, research analysts expect that Analog Devices will post 12.88 EPS for the current year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Analog Devices's dividend payout ratio (DPR) is currently 52.19%.

About Analog Devices

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company's products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.

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