Analog Devices (NASDAQ:ADI) Price Target Raised to $450.00 at Robert W. Baird

Analog Devices (NASDAQ:ADI) had its price objective boosted by equities researchers at Robert W. Baird from $365.00 to $450.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the semiconductor company’s stock. Robert W. Baird’s price target would suggest a potential upside of 13.05% from the company’s previous close.

ADI has been the subject of several other research reports. Bank of America reissued a “buy” rating and set a $460.00 target price (up from $425.00) on shares of Analog Devices in a research note on Thursday. Morgan Stanley restated an “overweight” rating and set a $373.00 price target on shares of Analog Devices in a report on Thursday, February 19th. Weiss Ratings cut Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Truist Financial set a $405.00 price target on Analog Devices in a report on Wednesday. Finally, Wells Fargo & Company set a $515.00 target price on Analog Devices in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $397.08.

Analog Devices Stock Down 3.9%

Shares of NASDAQ ADI opened at $398.05 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. Analog Devices has a 52 week low of $206.00 and a 52 week high of $435.72. The stock has a market capitalization of $194.33 billion, a P/E ratio of 72.77, a PEG ratio of 1.67 and a beta of 1.19. The stock’s fifty day moving average is $358.76 and its 200 day moving average is $314.16.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. The firm had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The business’s quarterly revenue was up 37.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Sell-side analysts forecast that Analog Devices will post 11.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the transaction, the chief accounting officer owned 14,740 shares in the company, valued at $5,321,434.80. The trade was a 22.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $397.91, for a total transaction of $3,979,100.00. Following the transaction, the chief executive officer owned 187,538 shares in the company, valued at $74,623,245.58. The trade was a 5.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 24,199 shares of company stock worth $8,676,423 in the last quarter. 0.36% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Analog Devices

A number of large investors have recently modified their holdings of ADI. Banque Transatlantique SA bought a new position in shares of Analog Devices in the 4th quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Analog Devices in the 4th quarter worth $26,000. Gordian Capital Singapore Pte Ltd bought a new position in shares of Analog Devices in the 4th quarter worth $27,000. Evolution Wealth Management Inc. bought a new position in shares of Analog Devices in the 1st quarter worth $30,000. Finally, Y.D. More Investments Ltd bought a new position in shares of Analog Devices in the 3rd quarter worth $32,000. 86.81% of the stock is currently owned by institutional investors.

More Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analog Devices posted record fiscal Q2 results, with EPS of $3.09 beating estimates and revenue of $3.62 billion topping forecasts, showing broad-based year-over-year growth. Analog Devices Reports Record Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: The company also issued Q3 guidance above Wall Street estimates, signaling continued momentum in demand for its power-management chips and sensors amid the AI boom. Chipmaker Analog Devices forecasts third-quarter revenue above estimates amid AI boom
• Positive Sentiment: ADI said it will buy Empower Semiconductor for $1.5 billion in cash, expanding its AI data-center power portfolio and targeting a key bottleneck in next-generation AI infrastructure. Analog Devices to buy Empower Semiconductor for $1.5 billion to boost AI power portfolio
• Neutral Sentiment: Analysts responded positively, with Needham raising its target to $440 and reiterating a bullish stance, suggesting the earnings beat and AI strategy may support the long-term outlook. Analog Devices Wins Higher $440 Target on Strong Beat, Upgraded Outlook, and Empower Semiconductor AI Deal
• Negative Sentiment: Despite the strong numbers, the stock is getting hit by a likely sell-the-news reaction after a large year-to-date advance, and some investors may be weighing integration risk and the cash outlay from the Empower deal. Why is Analog Devices stock falling despite strong earnings and AI deal?

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.