Analog Devices, Inc. (ADI)
NASDAQ: ADI · Real-Time Price · USD
225.13
+6.41 (2.93%)
At close: Sep 11, 2024, 3:59 PM
225.76
+0.63 (0.28%)
After-hours: Sep 11, 2024, 4:18 PM EDT
Analog Devices Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Analog Devices stock have an average target of 249.42, with a low estimate of 175 and a high estimate of 285. The average target predicts an increase of 10.79% from the current stock price of 225.13.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 8 | 8 | 8 | 8 | 8 |
| Buy | 11 | 8 | 8 | 8 | 8 | 7 |
| Hold | 7 | 8 | 8 | 8 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 24 | 24 | 24 | 23 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $250 → $257 | Buy | Maintains | $250 → $257 | +14.16% | Aug 22, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $260 → $255 | Strong Buy | Maintains | $260 → $255 | +13.27% | Aug 22, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $260 → $280 | Buy | Maintains | $260 → $280 | +24.37% | Aug 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $275 → $266 | Strong Buy | Maintains | $275 → $266 | +18.15% | Aug 22, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $245 | Buy | Reiterates | $245 | +8.83% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
9.48B
from 12.31B
Decreased by -22.99%
Revenue Next Year
10.46B
from 9.48B
Increased by 10.35%
EPS This Year
6.39
from 6.55
Decreased by -2.43%
EPS Next Year
7.65
from 6.39
Increased by 19.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9B | 11.9B | 13.8B | ||
| Avg | 9.5B | 10.5B | 11.8B | ||
| Low | 9.0B | 9.3B | 10.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -19.5% | 25.5% | 32.2% | ||
| Avg | -23.0% | 10.4% | 12.9% | ||
| Low | -26.5% | -2.0% | -4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.71 | 9.14 | 11.67 | ||
| Avg | 6.39 | 7.65 | 9.58 | ||
| Low | 5.80 | 6.63 | 7.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4% | 42.9% | 52.6% | ||
| Avg | -2.4% | 19.6% | 25.3% | ||
| Low | -11.4% | 3.8% | 2.5% |
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.