Analog Devices, Inc. (ADI)
NASDAQ: ADI · IEX Real-Time Price · USD
198.56
-1.68 (-0.84%)
At close: Dec 29, 2023, 4:00 PM
198.29
-0.27 (-0.14%)
After-hours: Dec 29, 2023, 4:33 PM EST
Analog Devices Stock Forecast
Stock Price Forecast
According to 19 stock analysts, the average 12-month stock price forecast for Analog Devices stock is $202.53, which predicts an increase of 2.00%. The lowest target is $160 and the highest is $225. On average, analysts rate Analog Devices stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Nov 22, 2023.
Analyst Ratings
The average analyst rating for Analog Devices stock from 21 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 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 6 |
| Buy | 9 | 9 | 9 | 9 | 10 | 10 |
| Hold | 7 | 7 | 7 | 7 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 21 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Edward Jones | Edward Jones | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Dec 22, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $215 | Buy | Reiterates | $215 | +8.28% | Nov 22, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $190 → $175 | Hold | Maintains | $190 → $175 | -11.87% | Nov 22, 2023 |
| Susquehanna | Susquehanna | Buy Maintains $215 → $210 | Buy | Maintains | $215 → $210 | +5.76% | Nov 22, 2023 |
| UBS | UBS | Strong Buy Maintains $200 → $210 | Strong Buy | Maintains | $200 → $210 | +5.76% | Nov 22, 2023 |
Financial Forecast
Revenue This Year
10.09B
from 12.31B
Decreased by -17.97%
Revenue Next Year
11.24B
from 10.09B
Increased by 11.34%
EPS This Year
7.11
from 6.55
Increased by 8.59%
EPS Next Year
8.82
from 7.11
Increased by 23.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7B | 12.5B | 13.8B | 14.8B | 15.9B |
| Avg | 10.1B | 11.2B | 12.6B | 14.2B | 15.3B |
| Low | 9.4B | 9.6B | 11.6B | 13.8B | 14.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -12.8% | 23.5% | 22.5% | 17.9% | 11.8% |
| Avg | -18.0% | 11.3% | 11.8% | 13.4% | 7.6% |
| Low | -23.8% | -4.7% | 2.9% | 10.0% | 4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.95 | 10.72 | 12.72 | 14.25 | 15.93 |
| Avg | 7.11 | 8.82 | 10.58 | 13.71 | 15.32 |
| Low | 6.21 | 7.35 | 9.51 | 13.30 | 14.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.6% | 50.7% | 44.2% | 34.6% | 16.2% |
| Avg | 8.6% | 23.9% | 20.0% | 29.5% | 11.8% |
| Low | -5.1% | 3.3% | 7.8% | 25.7% | 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.