Analog Devices (ADI) Stock Forecast, Price Target & Predictions
ADI Stock Forecast
Analog Devices stock forecast is as follows: an average price target of $224.64 (represents a 0.20% upside from ADI’s last price of $224.19) and a rating consensus of 'Buy', based on 26 wall street analysts offering a 1-year stock forecast.
ADI Price Target
The average price target for Analog Devices (ADI) is $224.64 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $280.00 to $175.00. This represents a potential 0.20% upside from ADI's last price of $224.19.
ADI Analyst Ratings
According to 26 Wall Street analysts, Analog Devices's rating consensus is 'Buy'. The analyst rating breakdown for ADI stock is 0 'Strong Buy' (0.00%), 14 'Buy' (53.85%), 11 'Hold' (42.31%), 1 'Sell' (3.85%), and 0 'Strong Sell' (0.00%).
Analog Devices Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 23, 2024 | William Stein | Truist Financial | $233.00 | $226.78 | 2.74% | 3.93% |
| Aug 22, 2024 | William Stein | Truist Financial | $266.00 | $221.91 | 19.87% | 18.65% |
| Aug 22, 2024 | Joseph Moore | Morgan Stanley | $257.00 | $227.21 | 13.11% | 14.63% |
| Aug 05, 2024 | Joseph Moore | Morgan Stanley | $250.00 | $203.69 | 22.74% | 11.51% |
| Jul 18, 2024 | Tom O'Malley | Barclays | $250.00 | $235.61 | 6.11% | 11.51% |
| May 24, 2024 | Tristan Gerra | Robert W. Baird | $250.00 | $234.63 | 6.55% | 11.51% |
| May 23, 2024 | William Stein | Truist Financial | $275.00 | $237.76 | 15.66% | 22.66% |
| May 23, 2024 | Toshiya Hari | Goldman Sachs | $252.00 | $240.16 | 4.93% | 12.40% |
| May 23, 2024 | Tom O'Malley | Barclays | $235.00 | $240.16 | -2.15% | 4.82% |
| May 23, 2024 | Gary Mobley | Wells Fargo | $230.00 | $240.16 | -4.23% | 2.59% |
The latest Analog Devices stock forecast, released on Sep 23, 2024 by William Stein from Truist Financial, set a price target of $233.00, which represents a 2.74% increase from the stock price at the time of the forecast ($226.78), and a 3.93% increase from ADI last price ($224.19).
Analog Devices Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 25 |
| Avg Price Target | - | $251.50 | $234.60 |
| Last Closing Price | $224.19 | $224.19 | $224.19 |
| Upside/Downside | -100.00% | 12.18% | 4.64% |
In the current month, the average price target of Analog Devices stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Analog Devices's last price of $224.19. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 23, 2024 | William Blair | Buy | Buy | Hold |
| Sep 23, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Aug 22, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Aug 21, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 21, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 05, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 18, 2024 | UBS | Market Perform | Market Perform | Hold |
| Jul 18, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 23, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| May 23, 2024 | Cowen & Co. | Buy | Buy | Hold |
Analog Devices's last stock rating was published by William Blair on Sep 23, 2024. The company gave ADI a "Buy" rating, the same as its previous rate.
Analog Devices Financial Forecast
Analog Devices Revenue Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.66B | - | - | $1.46B | $1.32B | $1.30B | $1.44B | $1.48B |
| Avg Forecast | $3.07B | $2.95B | $2.84B | $2.84B | $2.84B | $2.66B | $2.49B | $2.36B | $2.40B | $2.27B | $2.11B | $2.50B | $2.70B | $3.10B | $3.21B | $3.15B | $3.15B | $3.06B | $2.84B | $2.61B | $2.26B | $1.71B | $1.61B | $1.51B | $1.45B | $1.44B | $1.32B | $1.30B | $1.45B | $1.45B |
| High Forecast | $3.20B | $3.07B | $2.95B | $2.96B | $2.95B | $2.77B | $2.59B | $2.41B | $2.42B | $2.28B | $2.11B | $2.60B | $2.72B | $3.23B | $3.34B | $3.28B | $3.26B | $3.16B | $2.94B | $2.70B | $2.33B | $1.77B | $1.66B | $1.56B | $1.49B | $1.48B | $1.37B | $1.35B | $1.50B | $1.50B |
| Low Forecast | $2.98B | $2.87B | $2.76B | $2.76B | $2.76B | $2.59B | $2.42B | $2.31B | $2.34B | $2.27B | $2.11B | $2.43B | $2.70B | $3.01B | $3.12B | $3.06B | $3.08B | $2.99B | $2.78B | $2.55B | $2.21B | $1.67B | $1.57B | $1.48B | $1.41B | $1.40B | $1.29B | $1.27B | $1.42B | $1.42B |
| # Analysts | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 16 | 16 | 8 | 18 | 11 | 22 | 20 | 11 | 14 | 10 | 10 | 15 | 10 | 11 | 18 | 11 | 12 | 20 | 11 | 14 | 8 | 14 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | - | 1.01% | 1.00% | 1.00% | 0.99% | 1.02% |
Analog Devices's average Quarter revenue forecast for Aug 21 based on 18 analysts is $1.71B, with a low forecast of $1.67B, and a high forecast of $1.77B. ADI's average Quarter revenue forecast represents a 3.03% increase compared to the company's last Quarter revenue of $1.66B (May 21).
Analog Devices EBITDA Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 16 | 16 | 8 | 18 | 11 | 22 | 20 | 11 | 14 | 10 | 10 | 15 | 10 | 11 | 18 | 11 | 12 | 20 | 11 | 14 | 8 | 14 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $717.22M | - | - | $620.41M | $548.36M | $478.96M | $543.77M | $653.56M |
| Avg Forecast | $1.39B | $1.33B | $1.28B | $1.28B | $1.28B | $1.20B | $1.12B | $1.07B | $1.09B | $1.03B | $1.05B | $1.13B | $1.22B | $1.40B | $952.72M | $407.83M | $1.42B | $1.38B | $866.11M | $1.18B | $1.02B | $772.94M | $618.59M | $612.86M | $652.85M | $648.14M | $597.27M | $587.91M | $654.95M | $656.35M |
| High Forecast | $1.44B | $1.39B | $1.33B | $1.33B | $1.33B | $1.25B | $1.17B | $1.09B | $1.09B | $1.03B | $1.26B | $1.17B | $1.23B | $1.46B | $1.14B | $489.40M | $1.47B | $1.43B | $1.04B | $1.22B | $1.05B | $798.97M | $742.31M | $735.43M | $674.84M | $669.97M | $617.39M | $607.70M | $677.00M | $678.45M |
| Low Forecast | $1.35B | $1.29B | $1.24B | $1.25B | $1.25B | $1.17B | $1.09B | $1.04B | $1.06B | $1.03B | $838.40M | $1.10B | $1.22B | $1.36B | $762.18M | $326.27M | $1.39B | $1.35B | $692.89M | $1.15B | $996.60M | $755.96M | $494.87M | $490.29M | $638.51M | $633.91M | $584.16M | $575.00M | $640.57M | $641.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | - | - | 0.96% | 0.92% | 0.81% | 0.83% | 1.00% |
18 analysts predict ADI's average Quarter EBITDA for Aug 21 to be $772.94M, with a high of $798.97M and a low of $755.96M. This is 7.77% upper than Analog Devices's previous annual EBITDA (May 21) of $717.22M.
Analog Devices Net Income Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 16 | 16 | 8 | 18 | 11 | 22 | 20 | 11 | 14 | 10 | 10 | 15 | 10 | 11 | 18 | 11 | 12 | 20 | 11 | 14 | 8 | 14 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $422.90M | - | - | $362.67M | $267.70M | $203.87M | $277.69M | $362.37M |
| Avg Forecast | $1.27B | $1.19B | $1.12B | $1.10B | $1.09B | $980.66M | $868.24M | $786.56M | $816.49M | $751.13M | $310.49M | $850.70M | $998.40M | $1.26B | $282.27M | $81.79M | $1.29B | $1.21B | $256.61M | $892.77M | $850.40M | $805.55M | $353.20M | $354.56M | $662.53M | $647.53M | $513.76M | $498.31M | $607.72M | $610.77M |
| High Forecast | $1.34B | $1.25B | $1.18B | $1.15B | $1.15B | $1.03B | $913.96M | $826.38M | $846.55M | $751.35M | $372.59M | $895.49M | $1.03B | $1.32B | $338.72M | $98.14M | $1.34B | $1.27B | $307.93M | $918.13M | $887.62M | $840.81M | $423.84M | $425.47M | $691.53M | $675.88M | $536.25M | $520.12M | $634.32M | $637.50M |
| Low Forecast | $1.23B | $1.15B | $1.08B | $1.06B | $1.05B | $945.02M | $836.68M | $746.73M | $801.46M | $750.91M | $248.40M | $819.78M | $993.41M | $1.21B | $225.81M | $65.43M | $1.25B | $1.18B | $205.29M | $867.41M | $826.12M | $782.55M | $282.56M | $283.65M | $643.61M | $629.04M | $499.09M | $484.08M | $590.37M | $593.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | - | - | 0.56% | 0.52% | 0.41% | 0.46% | 0.59% |
Analog Devices's average Quarter net income forecast for Aug 21 is $805.55M, with a range of $782.55M to $840.81M. ADI's average Quarter net income forecast represents a 90.48% increase compared to the company's last Quarter net income of $422.90M (May 21).
Analog Devices SG&A Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 16 | 16 | 8 | 18 | 11 | 22 | 20 | 11 | 14 | 10 | 10 | 15 | 10 | 11 | 18 | 11 | 12 | 20 | 11 | 14 | 8 | 14 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $206.61M | - | - | $153.75M | $141.78M | $199.28M | $154.80M | $162.82M |
| Avg Forecast | $343.87M | $330.27M | $317.52M | $318.19M | $317.81M | $298.22M | $278.77M | $264.69M | $269.28M | $254.77M | $329.66M | $279.64M | $302.58M | $347.16M | $299.69M | $343.04M | $352.81M | $342.41M | $272.45M | $292.28M | $252.72M | $191.70M | $168.43M | $151.46M | $161.92M | $160.75M | $148.13M | $145.81M | $162.44M | $162.78M |
| High Forecast | $357.80M | $343.64M | $330.38M | $331.08M | $330.68M | $310.30M | $290.06M | $270.29M | $271.52M | $254.80M | $395.59M | $290.97M | $304.56M | $361.22M | $359.63M | $411.65M | $364.69M | $353.93M | $326.94M | $302.12M | $261.23M | $198.15M | $202.12M | $181.75M | $167.37M | $166.16M | $153.12M | $150.72M | $167.91M | $168.26M |
| Low Forecast | $334.26M | $321.03M | $308.64M | $309.29M | $308.92M | $289.89M | $270.98M | $259.08M | $261.75M | $254.73M | $263.73M | $271.82M | $302.13M | $337.46M | $239.75M | $274.43M | $345.06M | $334.88M | $217.96M | $285.86M | $247.17M | $187.49M | $134.75M | $121.17M | $158.36M | $157.22M | $144.88M | $142.61M | $158.87M | $159.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | - | - | 0.96% | 0.96% | 1.37% | 0.95% | 1.00% |
Analog Devices's average Quarter SG&A projection for Aug 21 is $191.70M, based on 18 Wall Street analysts, with a range of $187.49M to $198.15M. The forecast indicates a -7.22% fall compared to ADI last annual SG&A of $206.61M (May 21).
Analog Devices EPS Forecast
| Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 14 | 8 | 8 | 10 | 13 | 7 | 7 | 16 | 16 | 8 | 18 | 11 | 22 | 20 | 11 | 14 | 10 | 10 | 15 | 10 | 11 | 18 | 11 | 12 | 20 | 11 | 14 | 8 | 14 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.15 | - | - | $0.98 | $0.73 | $0.55 | $0.75 | $0.98 |
| Avg Forecast | $2.55 | $2.39 | $2.24 | $2.20 | $2.18 | $1.97 | $1.74 | $1.58 | $1.64 | $1.51 | $1.26 | $1.71 | $2.00 | $2.52 | $2.75 | $2.60 | $2.58 | $2.43 | $2.11 | $1.79 | $1.70 | $1.61 | $1.45 | $1.33 | $1.33 | $1.30 | $1.03 | $1.00 | $1.22 | $1.22 |
| High Forecast | $2.69 | $2.51 | $2.36 | $2.31 | $2.30 | $2.07 | $1.83 | $1.66 | $1.70 | $1.51 | $1.26 | $1.80 | $2.07 | $2.65 | $2.89 | $2.74 | $2.69 | $2.54 | $2.20 | $1.84 | $1.78 | $1.69 | $1.52 | $1.38 | $1.39 | $1.36 | $1.08 | $1.04 | $1.27 | $1.28 |
| Low Forecast | $2.46 | $2.30 | $2.16 | $2.12 | $2.10 | $1.89 | $1.68 | $1.50 | $1.61 | $1.51 | $1.26 | $1.64 | $1.99 | $2.43 | $2.65 | $2.51 | $2.51 | $2.36 | $2.05 | $1.74 | $1.66 | $1.57 | $1.41 | $1.29 | $1.29 | $1.26 | $1.00 | $0.97 | $1.18 | $1.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | - | 0.75% | 0.71% | 0.55% | 0.62% | 0.80% |
According to 18 Wall Street analysts, Analog Devices's projected average Quarter EPS for Aug 21 is $1.61, with a low estimate of $1.57 and a high estimate of $1.69. This represents a 40.43% increase compared to ADI previous annual EPS of $1.15 (May 21).
Analog Devices Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WOLF | Wolfspeed | $12.93 | $56.43 | 336.43% | Hold |
| QRVO | Qorvo | $71.37 | $117.57 | 64.73% | Hold |
| ON | ON Semiconductor | $69.50 | $87.27 | 25.57% | Buy |
| MCHP | Microchip | $74.47 | $90.53 | 21.57% | Buy |
| LSCC | Lattice Semiconductor | $51.89 | $62.11 | 19.70% | Buy |
| QCOM | QUALCOMM | $165.18 | $189.70 | 14.84% | Buy |
| NXPI | NXP Semiconductors | $236.90 | $242.93 | 2.55% | Buy |
| TXN | Texas Instruments | $203.66 | $205.54 | 0.92% | Buy |
| AVGO | Broadcom | $168.55 | $169.81 | 0.75% | Buy |
| ADI | Analog Devices | $224.19 | $224.64 | 0.20% | Buy |
| MPWR | Monolithic Power Systems | $766.57 | $706.67 | -7.81% | Buy |
ADI Forecast FAQ
Is Analog Devices a good buy?
Yes, according to 26 Wall Street analysts, Analog Devices (ADI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 53.85% of ADI's total ratings.
What is ADI's price target?
Analog Devices (ADI) average price target is $224.64 with a range of $175 to $280, implying a 0.20% from its last price of $224.19. The data is based on 26 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Analog Devices stock go up soon?
According to Wall Street analysts' prediction for ADI stock, the company can go up by 0.20% (from the last price of $224.19 to the average price target of $224.64), up by 24.89% based on the highest stock price target, and down by -21.94% based on the lowest stock price target.
Can Analog Devices stock reach $300?
ADI's average twelve months analyst stock price target of $224.64 does not support the claim that Analog Devices can reach $300 in the near future.
Did the ADI's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (May 2021), Analog Devices's revenue was $1.66B, beating the average analysts' forecast of $1.61B by 3.48%. The company's EBITDA was $717.22M, beating the average prediction of $618.59M by 15.94%. Analog Devices's net income was $422.9M, beating the average estimation of $353.2M by 19.74%. The company's SG&A was $206.61M, beating the average forecast of $168.43M by 22.67%. Lastly, the company's EPS was $1.15, missing the average prediction of $1.45 by -20.81%