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 6.46% upside from ADI’s last price of $211.01) 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 6.46% upside from ADI's last price of $211.01.
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% | 10.42% |
| Aug 22, 2024 | William Stein | Truist Financial | $266.00 | $221.91 | 19.87% | 26.06% |
| Aug 22, 2024 | Joseph Moore | Morgan Stanley | $257.00 | $227.21 | 13.11% | 21.80% |
| Aug 05, 2024 | Joseph Moore | Morgan Stanley | $250.00 | $203.69 | 22.74% | 18.48% |
| Jul 18, 2024 | Tom O'Malley | Barclays | $250.00 | $235.61 | 6.11% | 18.48% |
| May 24, 2024 | Tristan Gerra | Robert W. Baird | $250.00 | $234.63 | 6.55% | 18.48% |
| May 23, 2024 | William Stein | Truist Financial | $275.00 | $237.76 | 15.66% | 30.33% |
| May 23, 2024 | Toshiya Hari | Goldman Sachs | $252.00 | $240.16 | 4.93% | 19.43% |
| May 23, 2024 | Tom O'Malley | Barclays | $235.00 | $240.16 | -2.15% | 11.37% |
| May 23, 2024 | Gary Mobley | Wells Fargo | $230.00 | $240.16 | -4.23% | 9.00% |
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 10.42% increase from ADI last price ($211.01).
Analog Devices Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 25 |
| Avg Price Target | - | $252.00 | $234.60 |
| Last Closing Price | $211.01 | $211.01 | $211.01 |
| Upside/Downside | -100.00% | 19.43% | 11.18% |
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 $211.01. 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 | $2.65B | $2.48B | $2.35B | $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 | $2.96B | $2.76B | $2.58B | $2.40B | $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 | $2.99B | $2.87B | $2.76B | $2.76B | $2.76B | $2.58B | $2.41B | $2.30B | $2.34B | $2.27B | $2.11B | $2.43B | $2.70B | $3.02B | $3.12B | $3.07B | $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 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 15 | 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 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 15 | 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 | $1.06B | $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 | $1.34B | $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 | $1.30B | $1.25B | $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 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 15 | 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 | $975.22M | $863.00M | $781.57M | $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 | $1.16B | $1.15B | $1.03B | $909.79M | $821.14M | $846.55M | $751.35M | $372.59M | $896.83M | $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 | $940.75M | $832.50M | $741.99M | $801.46M | $750.91M | $248.40M | $820.64M | $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 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 15 | 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 | $297.16M | $277.70M | $263.62M | $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 | $358.21M | $344.04M | $330.76M | $331.46M | $331.06M | $309.55M | $289.29M | $269.21M | $271.52M | $254.80M | $395.59M | $291.30M | $304.56M | $361.64M | $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 | $334.52M | $321.29M | $308.89M | $309.54M | $309.17M | $289.08M | $270.15M | $258.04M | $261.96M | $254.73M | $263.73M | $272.04M | $302.13M | $337.72M | $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 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 15 | 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 | $1.96 | $1.73 | $1.57 | $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 | $2.52 | $2.37 | $2.32 | $2.30 | $2.06 | $1.82 | $1.65 | $1.70 | $1.51 | $1.26 | $1.80 | $2.07 | $2.66 | $2.90 | $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 | $2.11 | $1.89 | $1.67 | $1.49 | $1.61 | $1.51 | $1.26 | $1.65 | $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 | $6.44 | $56.29 | 774.07% | Hold |
| QRVO | Qorvo | $65.66 | $115.55 | 75.98% | Hold |
| MCHP | Microchip | $65.12 | $87.89 | 34.97% | Buy |
| ON | ON Semiconductor | $67.31 | $87.52 | 30.03% | Buy |
| MPWR | Monolithic Power Systems | $560.06 | $706.67 | 26.18% | Buy |
| QCOM | QUALCOMM | $154.27 | $192.48 | 24.77% | Buy |
| LSCC | Lattice Semiconductor | $50.75 | $57.27 | 12.85% | Buy |
| NXPI | NXP Semiconductors | $220.34 | $245.18 | 11.27% | Buy |
| ADI | Analog Devices | $211.01 | $224.64 | 6.46% | Buy |
| AVGO | Broadcom | $163.25 | $169.81 | 4.02% | Buy |
| TXN | Texas Instruments | $198.19 | $205.54 | 3.71% | Buy |