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 253.59, with a low estimate of 210 and a high estimate of 300. The average target predicts an increase of 6.14% from the current stock price of 238.91.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$253.59	$250	$300
Change	-12.10%	+6.14%	+4.64%	+25.57%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	7	7	7	7	6	7
Buy	7	7	7	7	7	7
Hold	7	7	8	8	8	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	21	21	22	22	21	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rick Schafer Oppenheimer	Oppenheimer	Buy Reiterates $245 → $270	Buy	Reiterates	$245 → $270	+13.01%	Feb 20, 2025
William Stein Truist Securities	Truist Securities	Hold Maintains $230 → $248	Hold	Maintains	$230 → $248	+3.80%	Feb 20, 2025
Harlan Sur JP Morgan	JP Morgan	Buy Maintains $280 → $300	Buy	Maintains	$280 → $300	+25.57%	Feb 20, 2025
Timothy Arcuri UBS	UBS	Strong Buy Maintains $275 → $300	Strong Buy	Maintains	$275 → $300	+25.57%	Feb 20, 2025
Joe Quatrochi Wells Fargo	Wells Fargo	Hold Maintains $220 → $240	Hold	Maintains	$220 → $240	+0.46%	Feb 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

10.27B

Increased by 8.97%

from 9.43B

Revenue Next Year

11.66B

Increased by 13.50%

from 10.27B

EPS This Year

7.18

Increased by 118.78%

from 3.28

EPS Next Year

8.95

Increased by 24.79%

from 7.18

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	10.27B	11.66B	12.85B
Revenue Growth	-6.48%	30.61%	64.16%	2.43%	-23.39%	8.97%	13.50%	10.21%
EPS	3.28	3.46	5.25	6.55	3.28	7.18	8.95	10.80
EPS Growth	-10.14%	5.49%	51.73%	24.76%	-49.92%	118.78%	24.79%	20.57%
Forward PE	-	-	-	-	-	33.29	26.68	22.13
No. Analysts	-	-	-	-	-	33	30	11

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	11.8B	13.7B	14.8B
Avg	10.3B	11.7B	12.9B
Low	9.6B	10.2B	11.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	24.6%	33.6%	26.8%
Avg	9.0%	13.5%	10.2%
Low	1.3%	-0.2%	-4.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	8.82	11.48	12.93
Avg	7.18	8.95	10.80
Low	6.42	7.15	8.97

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	168.9%	59.9%	44.3%
Avg	118.8%	24.8%	20.6%
Low	95.7%	-0.3%	0.1%

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.