Analog Devices (NASDAQ:ADI) Price Target Raised to $400.00 at Wells Fargo & Company

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

Several other analysts have also issued reports on ADI. UBS Group restated a “buy” rating and set a $400.00 target price on shares of Analog Devices in a research report on Monday, February 9th. Weiss Ratings downgraded shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. raised their target price on Analog Devices from $310.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. TD Cowen reiterated a “buy” rating on shares of Analog Devices in a research report on Thursday. Finally, Robert W. Baird upped their price target on Analog Devices from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $366.96.

Analog Devices Trading Down 0.3%

NASDAQ:ADI opened at $345.30 on Thursday. The company has a market cap of $168.72 billion, a PE ratio of 63.13, a price-to-earnings-growth ratio of 1.99 and a beta of 1.03. The company has a current ratio of 1.76, a quick ratio of 1.68 and a debt-to-equity ratio of 0.21. The company has a 50 day simple moving average of $300.90 and a two-hundred day simple moving average of $263.74. Analog Devices has a 12 month low of $158.65 and a 12 month high of $355.36.

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

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be given a dividend of $1.10 per share. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is 86.84%.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in Analog Devices by 39.5% during the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after buying an additional 529 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Analog Devices by 36.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $417,000 after acquiring an additional 464 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of Analog Devices during the 2nd quarter valued at approximately $419,000. D.A. Davidson & CO. increased its position in Analog Devices by 27.1% in the second quarter. D.A. Davidson & CO. now owns 9,162 shares of the semiconductor company’s stock worth $2,181,000 after purchasing an additional 1,951 shares during the last quarter. Finally, Brookstone Capital Management increased its position in Analog Devices by 18.3% in the second quarter. Brookstone Capital Management now owns 2,241 shares of the semiconductor company’s stock worth $533,000 after purchasing an additional 346 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: Q1 results beat and guidance materially above Street expectations — ADI reported $2.46 adj. EPS vs. $2.31 expected and $3.16B revenue (up ~30% YoY); management issued Q2 EPS guidance well above consensus and cited record data-center orders and broad industrial strength. This is the primary bullish driver behind recent analyst upgrades. PR Newswire: ADI Q1 Results
• Positive Sentiment: AI and data-center momentum underpin the outlook — multiple write-ups highlight AI infrastructure and data-center demand as key drivers for accelerating revenue and margins into Q2 and beyond. Investors are treating ADI as an AI-infrastructure beneficiary, not just a legacy analog supplier. Yahoo Finance: ADI Q4 Deep Dive
• Positive Sentiment: Capital returns and cash flow are strong — ADI raised its quarterly dividend 11% to $1.10, reported robust operating/free cash flow and resumed meaningful buybacks, supporting shareholder-return narratives. That reinforces buy-side conviction. PR Newswire: Dividend & Cash Flow
• Positive Sentiment: Analysts responded with a flurry of upgrades and price-target raises — firms including JPMorgan, Wells Fargo, Needham, Benchmark and Cantor (many to ~$400) raised ratings/targets after the print, creating a tailwind for sentiment and potential inflows. Investor’s Business Daily: Price-Target Hikes
• Neutral Sentiment: Short-interest data in public feeds shows anomalies (zeros / NaN) and is not signaling material bearish pressure; short interest appears negligible. No clear short-squeeze risk or headwind from shorts based on available data.
• Neutral Sentiment: Corporate governance debate noted — a special-meeting/rights discussion is in the background; worth monitoring but not an immediate earnings-related threat. Yahoo Finance: Governance Debate
• Negative Sentiment: Valuation and profit-taking risk — ADI now trades at a stretched multiple (high P/E) after the rally; some intraday weakness likely reflects investors locking gains and digesting lofty expectations, which can cap near-term upside.
• Negative Sentiment: Muted or mixed price reaction in some channels — a few commentators noted the stock’s response was “muted” despite strong results, suggesting some investors are skeptical about sustainability or are awaiting more confirmation from subsequent quarters. Seeking Alpha: Muted Market Reaction

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.