Analog Devices (NASDAQ:ADI) Price Target Raised to $400.00

Analog Devices (NASDAQ:ADI) had its target price hoisted by Wells Fargo & Company from $340.00 to $400.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the semiconductor company’s stock.

Other equities analysts have also issued research reports about the company. UBS Group reiterated a “buy” rating and set a $400.00 target price on shares of Analog Devices in a research note on Monday, February 9th. Stifel Nicolaus set a $405.00 price objective on Analog Devices and gave the stock a “buy” rating in a research report on Wednesday. Cantor Fitzgerald lifted their target price on Analog Devices from $350.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Truist Financial upped their price target on shares of Analog Devices from $258.00 to $291.00 and gave the company a “hold” rating in a research note on Friday, December 19th. Finally, The Goldman Sachs Group raised their price target on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $366.96.

Analog Devices Trading Up 2.8%

Shares of NASDAQ:ADI opened at $355.03 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.68. The company’s 50-day moving average price is $302.42 and its two-hundred day moving average price is $264.97. The stock has a market capitalization of $173.33 billion, a PE ratio of 64.91, a price-to-earnings-growth ratio of 2.01 and a beta of 1.03. Analog Devices has a one year low of $158.65 and a one year high of $355.45.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities analysts forecast that Analog Devices will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be given a $1.10 dividend. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is 80.44%.

Insider Activity

In related news, CAO Michael Sondel sold 8,169 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $278.03, for a total value of $2,271,227.07. Following the completion of the transaction, the chief accounting officer owned 18,913 shares in the company, valued at $5,258,381.39. This trade represents a 30.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of Analog Devices stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total transaction of $150,730.00. Following the transaction, the senior vice president owned 12,710 shares in the company, valued at approximately $3,831,556.60. This trade represents a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 53,544 shares of company stock valued at $15,320,417. 0.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ADI. Norges Bank bought a new stake in Analog Devices in the fourth quarter valued at approximately $2,215,516,000. Bank of America Corp DE raised its stake in Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company’s stock worth $2,634,734,000 after buying an additional 2,912,666 shares during the last quarter. Amundi lifted its holdings in Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock valued at $1,507,740,000 after buying an additional 1,922,302 shares during the period. Raymond James Financial Inc. boosted its position in Analog Devices by 29.2% during the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock valued at $1,186,714,000 after acquiring an additional 1,091,004 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Analog Devices by 3,456.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,059,726 shares of the semiconductor company’s stock worth $287,398,000 after acquiring an additional 1,029,927 shares during the period. 86.81% of the stock is owned by institutional investors.

More Analog Devices News

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

• Positive Sentiment: Q1 results beat and management raised Q2 guidance sharply (EPS guidance 2.73–3.03 vs. consensus ~2.36; revenue guide roughly $3.4–$3.6B vs. ~$3.1B), signaling continued demand in data center/AI infrastructure and supporting earnings momentum. Analog Devices surges on earnings beat, strong Q2 guidance
• Positive Sentiment: Core quarter metrics: EPS $2.46 vs. $2.31 expected; revenue ~$3.16B, up ~30% Y/Y — expanded margins and stronger top‑line that validate the guidance. Zacks: ADI Q1 Earnings Beat
• Positive Sentiment: Multiple brokerages hiked price targets and ratings (JPMorgan, Wells Fargo, Benchmark, Needham, etc.), with several new targets near $400 — the analyst momentum reinforces the bullish narrative and can lift demand for the stock. Investors Business Daily: Blizzard of Price-Target Hikes
• Positive Sentiment: AI/data‑center exposure highlighted in coverage — several pieces note ADI as a momentum play benefiting from AI infrastructure demand and industrial/data-center mix strength. That thematic tailwind is supporting investor interest. Seeking Alpha: AI Narrative Stealing the Show
• Positive Sentiment: Momentum/market interest articles and institutional buying narratives are amplifying the move, attracting momentum traders after the quarter. FXEmpire: Watch as Big Money Boosts Analog Devices
• Neutral Sentiment: Management will present at the Morgan Stanley TMT conference (March 3) — provides another forum for management to reinforce the AI/data-center story and for analysts to ask detail‑level questions. PRNewswire: ADI to Participate in Morgan Stanley TMT Conference
• Neutral Sentiment: Short‑interest entries in the feed appear to show erroneous/zero values (reported “0 shares”/NaN); there’s no clear short‑pressure signal from those data points — treat as unreliable until corrected.

Analog Devices Company Profile

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.