Analog Devices, Inc. (ADI)
NASDAQ: ADI · IEX Real-Time Price · USD
189.43
-1.80 (-0.94%)
Apr 17, 2024, 4:00 PM EDT - Market closed
Analog Devices Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Analog Devices stock have an average target of 208, with a low estimate of 175 and a high estimate of 254. The average target predicts an increase of 9.80% from the current stock price of 189.43.
Analyst Consensus: Buy
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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
Buy | 10 | 10 | 10 | 10 | 10 | 11 |
Hold | 5 | 5 | 6 | 6 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 20 | 21 | 22 | 22 | 22 | 23 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Evercore ISI Group | Evercore ISI Group | Buy Initiates $254 | Buy | Initiates | $254 | +34.09% | Apr 16, 2024 |
Morgan Stanley | Morgan Stanley | Buy Maintains $212 | Buy | Maintains | $212 | +11.91% | Apr 11, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $205 | Hold | Reiterates | $205 | +8.22% | Mar 11, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $205 | Hold | Reiterates | $205 | +8.22% | Mar 4, 2024 |
Morgan Stanley | Morgan Stanley | Buy Reiterates $219 → $212 | Buy | Reiterates | $219 → $212 | +11.91% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
9.25B
from 12.31B
Decreased by -24.80%
Revenue Next Year
10.42B
from 9.25B
Increased by 12.64%
EPS This Year
6.01
from 6.55
Decreased by -8.31%
EPS Next Year
7.58
from 6.01
Increased by 26.17%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 10.6B | 12.1B | 13.8B | 14.8B | 15.9B |
Avg | 9.3B | 10.4B | 12.0B | 14.2B | 15.3B |
Low | 8.7B | 9.2B | 10.1B | 13.8B | 14.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -13.9% | 30.9% | 32.1% | 23.7% | 11.8% |
Avg | -24.8% | 12.6% | 14.8% | 19.0% | 7.6% |
Low | -29.3% | -0.3% | -2.9% | 15.5% | 4.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 7.67 | 9.63 | 11.93 | 14.25 | 15.93 |
Avg | 6.01 | 7.58 | 9.44 | 13.71 | 15.32 |
Low | 5.51 | 5.25 | 7.11 | 13.30 | 14.87 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 17.0% | 60.3% | 57.4% | 50.9% | 16.2% |
Avg | -8.3% | 26.2% | 24.6% | 45.1% | 11.8% |
Low | -15.9% | -12.5% | -6.1% | 40.8% | 8.5% |
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.