Analog Devices, Inc. (ADI)
NASDAQ: ADI · Real-Time Price · USD
214.59
+0.63 (0.29%)
At close: Nov 22, 2024, 4:00 PM
214.94
+0.35 (0.16%)
After-hours: Nov 22, 2024, 6:58 PM EST
Analog Devices Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Analog Devices stock have an average target of 250.05, with a low estimate of 185 and a high estimate of 285. The average target predicts an increase of 16.52% from the current stock price of 214.59.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Analog Devices stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 7 | 7 | 7 |
| Buy | 8 | 8 | 8 | 7 | 7 | 7 |
| Hold | 8 | 8 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 24 | 23 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Initiates $220 | Hold | Initiates | $220 | +2.52% | Nov 22, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $250 | Hold | Reiterates | $250 | +16.50% | Oct 8, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $266 → $233 | Strong Buy → Hold | Downgrades | $266 → $233 | +8.58% | Sep 23, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $250 → $257 | Buy | Maintains | $250 → $257 | +19.76% | Aug 22, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $260 → $255 | Strong Buy | Maintains | $260 → $255 | +18.83% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
9.48B
from 12.31B
Decreased by -22.94%
Revenue Next Year
10.47B
from 9.48B
Increased by 10.43%
EPS This Year
6.41
from 6.55
Decreased by -2.20%
EPS Next Year
7.62
from 6.41
Increased by 18.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9B | 12.8B | 13.8B | ||
| Avg | 9.5B | 10.5B | 11.8B | ||
| Low | 9.2B | 9.3B | 10.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -19.5% | 35.1% | 32.0% | ||
| Avg | -22.9% | 10.4% | 12.4% | ||
| Low | -25.5% | -2.1% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.71 | 9.14 | 11.67 | ||
| Avg | 6.41 | 7.62 | 9.51 | ||
| Low | 6.18 | 6.26 | 7.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4% | 42.6% | 53.1% | ||
| Avg | -2.2% | 19.0% | 24.9% | ||
| Low | -5.6% | -2.2% | 2.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.