Analog Devices, Inc. (ADI)

Analog Devices Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Analog Devices stock have an average target of 245.91, with a low estimate of 155 and a high estimate of 300. The average target predicts an increase of 24.37% from the current stock price of 197.72.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$155	$245.91	$250	$300
Change	-21.61%	+24.37%	+26.44%	+51.73%

Analyst Ratings

The average analyst rating for Analog Devices stock from 23 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	7	7	6	7	7	7
Buy	7	7	7	7	7	6
Hold	8	8	8	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	1
Total	22	22	21	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jay Goldberg Seaport Global	Seaport Global	Strong Sell Initiates $155	Strong Sell	Initiates	$155	-21.61%	Apr 30, 2025
Tom O'Malley Barclays	Barclays	Hold Maintains $240 → $170	Hold	Maintains	$240 → $170	-14.02%	Apr 22, 2025
Tore Svanberg Stifel	Stifel	Strong Buy Maintains $275 → $225	Strong Buy	Maintains	$275 → $225	+13.80%	Apr 17, 2025
Christopher Danely Citigroup	Citigroup	Strong Buy Maintains $265 → $235	Strong Buy	Maintains	$265 → $235	+18.85%	Apr 11, 2025
Rick Schafer Oppenheimer	Oppenheimer	Buy Reiterates $245 → $270	Buy	Reiterates	$245 → $270	+36.56%	Feb 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

10.43B

Increased by 10.64%

from 9.43B

Revenue Next Year

11.74B

Increased by 12.58%

from 10.43B

EPS This Year

7.23

Increased by 120.54%

from 3.28

EPS Next Year

8.88

Increased by 22.78%

from 7.23

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 30, 2021	Oct 29, 2022	Oct 28, 2023	Nov 2, 2024	Nov 2, 2025	Nov 2, 2026	Nov 2, 2027
Revenue	5.60B	7.32B	12.01B	12.31B	9.43B	10.43B	11.74B	13.00B
Revenue Growth	-6.48%	30.61%	64.16%	2.43%	-23.39%	10.64%	12.58%	10.72%
EPS	3.28	3.46	5.25	6.55	3.28	7.23	8.88	10.70
EPS Growth	-10.14%	5.49%	51.73%	24.76%	-49.92%	120.54%	22.78%	20.43%
Forward PE	-	-	-	-	-	27.33	22.26	18.48
No. Analysts	-	-	-	-	-	34	32	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	12.3B	14.1B	14.9B
Avg	10.4B	11.7B	13.0B
Low	9.4B	10.0B	11.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	30.5%	35.5%	27.0%
Avg	10.6%	12.6%	10.7%
Low	0.0%	-4.2%	-1.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	8.28	11.40	12.87
Avg	7.23	8.88	10.70
Low	6.30	7.29	9.20

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	152.6%	57.6%	44.9%
Avg	120.5%	22.8%	20.4%
Low	92.1%	0.8%	3.6%

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.