JPMorgan Chase & Co. Increases Analog Devices (NASDAQ:ADI) Price Target to $500.00

Analog Devices (NASDAQ:ADI) had its target price increased by equities researchers at JPMorgan Chase & Co. from $450.00 to $500.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 33.63% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Citigroup boosted their price target on Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Raymond James Financial reaffirmed an “outperform” rating and set a $430.00 price objective on shares of Analog Devices in a research report on Thursday, May 21st. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a research note on Sunday, May 24th. Wolfe Research reiterated an “outperform” rating and set a $475.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Finally, Morgan Stanley restated an “overweight” rating and issued a $458.00 price target (up from $428.00) on shares of Analog Devices in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $447.72.

Analog Devices Trading Up 0.2%

Shares of ADI stock traded up $0.91 during mid-day trading on Thursday, hitting $374.17. The company’s stock had a trading volume of 1,487,489 shares, compared to its average volume of 4,199,727. The company’s fifty day simple moving average is $389.98 and its 200-day simple moving average is $370.68. Analog Devices has a 52 week low of $223.47 and a 52 week high of $445.91. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The company has a market cap of $182.25 billion, a PE ratio of 55.60, a P/E/G ratio of 0.98 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the business earned $2.05 EPS. The firm’s revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, equities research analysts expect that Analog Devices will post 12.42 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Analog Devices news, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $57,096,149.94. This represents a 17.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 1,432 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the sale, the director owned 120,175 shares in the company, valued at approximately $48,169,745.25. This trade represents a 1.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 105,274 shares of company stock valued at $42,247,986 in the last ninety days. Corporate insiders own 0.36% of the company’s stock.

Institutional Trading of Analog Devices

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Analog Devices during the second quarter worth approximately $18,610,868,000. Bank of America Corp DE bought a new position in Analog Devices during the 2nd quarter valued at approximately $3,573,081,000. Norges Bank bought a new position in shares of Analog Devices during the fourth quarter valued at approximately $2,215,516,000. Legal & General Group Plc purchased a new stake in shares of Analog Devices in the 2nd quarter worth about $1,525,167,000. Finally, Bank of New York Mellon Corp bought a new stake in Analog Devices during the 2nd quarter valued at approximately $1,326,066,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Trending Headlines about Analog Devices

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

• Positive Sentiment: Record earnings beat expectations. Fiscal Q3 revenue rose 39.2% year over year to $4.02 billion, surpassing the approximately $3.91 billion consensus, while adjusted EPS of $3.45 exceeded estimates near $3.34. Data-center and industrial revenue were key growth drivers. Analog Devices Reports Record Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: Above-consensus fourth-quarter guidance supports continued momentum. ADI forecast revenue of $4.2 billion to $4.4 billion and EPS of $3.71 to $4.01, both above Wall Street expectations. Management said AI infrastructure, data-center power demand, optics and industrial recovery could provide a multiyear growth runway extending into fiscal 2027. Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
• Positive Sentiment: Analysts raised targets and maintained bullish ratings. Needham lifted its target to $450, TD Cowen reaffirmed Buy with a $460 target, and Susquehanna reiterated Buy with a $475 target. Seaport also upgraded the stock, citing a potential data-center buildout of roughly 100 gigawatts by 2031 and significant opportunity for ADI’s power products. Analysts revise forecasts on Analog Devices after Q3 earnings
• Neutral Sentiment: Shareholder returns remain substantial. ADI declared a quarterly dividend of $1.10 per share and reported returning about $1.7 billion through dividends and repurchases during the quarter. The dividend supports income appeal but is unlikely to be the primary near-term catalyst. Analog Devices financial results
• Negative Sentiment: Valuation and concentration risks could limit upside. A Seeking Alpha analysis warned that multiple contraction and dependence on the broader AI trade may cause the stock to lag even as operating results remain strong. Reported insider activity also showed selling without purchases over the past six months, a secondary caution for investors. Analog Devices earnings reaction warning

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.