Stifel Nicolaus Forecasts Strong Price Appreciation for Analog Devices (NASDAQ:ADI) Stock

Analog Devices (NASDAQ:ADI) had its target price boosted by investment analysts at Stifel Nicolaus from $290.00 to $330.00 in a report released on Friday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective suggests a potential upside of 8.72% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Analog Devices in a research note on Monday, December 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $300.00 price objective on shares of Analog Devices in a research report on Tuesday, November 25th. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $310.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. BNP Paribas Exane initiated coverage on shares of Analog Devices in a research note on Tuesday, November 4th. They set an “outperform” rating and a $300.00 target price on the stock. Finally, Bank of America raised their price target on shares of Analog Devices from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $304.61.

Analog Devices Trading Up 0.5%

Shares of ADI traded up $1.42 during trading hours on Friday, hitting $303.52. 648,058 shares of the stock were exchanged, compared to its average volume of 3,433,374. Analog Devices has a fifty-two week low of $158.65 and a fifty-two week high of $309.17. The business has a 50-day moving average of $267.82 and a 200-day moving average of $249.56. The firm has a market capitalization of $148.62 billion, a P/E ratio of 66.66, a price-to-earnings-growth ratio of 1.62 and a beta of 1.03. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.19 and a quick ratio of 1.68.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Tuesday, November 25th. The semiconductor company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.04. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $3.02 billion. During the same quarter in the prior year, the firm posted $1.67 earnings per share. The business’s quarterly revenue was up 25.9% compared to the same quarter last year. On average, research analysts expect that Analog Devices will post 7.14 EPS for the current year.

Insider Activity

In other news, SVP Katsufumi Nakamura sold 500 shares of the 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 sale, the senior vice president directly owned 12,710 shares of the company’s stock, valued at $3,831,556.60. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Martin Cotter sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $278.44, for a total value of $2,784,400.00. Following the completion of the transaction, the senior vice president owned 49,664 shares in the company, valued at $13,828,444.16. This represents a 16.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 53,544 shares of company stock worth $14,328,561. Company insiders own 0.33% of the company’s stock.

Institutional Trading of Analog Devices

Several institutional investors have recently made changes to their positions in ADI. Howard Hughes Medical Institute bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $25,000. RMG Wealth Management LLC purchased a new stake in Analog Devices in the second quarter worth $26,000. Clayton Financial Group LLC purchased a new stake in Analog Devices in the third quarter worth $31,000. Barnes Dennig Private Wealth Management LLC raised its stake in shares of Analog Devices by 61.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 49 shares during the period. Finally, Y.D. More Investments Ltd purchased a new position in shares of Analog Devices during the 3rd quarter valued at $32,000. Institutional investors own 86.81% of the company’s stock.

Analog Devices News Roundup

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

• Positive Sentiment: Wells Fargo upgraded ADI from “equal weight” to “overweight” and raised its price target to $340 (from $265), a clear near-term bullish signal that can drive buying interest. Wells Fargo upgrade
• Positive Sentiment: KeyCorp reiterated an “Overweight” rating and issued aggressive multi-year EPS forecasts and a $375 target — this elevates growth expectations and supports a higher valuation. KeyCorp coverage / MarketBeat ADI page
• Positive Sentiment: Fundamentals remain supportive: ADI beat November-quarter revenue and EPS estimates and showed strong year-over-year revenue growth, reinforcing margin and cash-flow confidence. Earnings recap
• Positive Sentiment: Industry tailwinds — analysts call out ADI’s exposure to vehicle electronics and higher content for Level 2+ ADAS as a structural growth driver that can support revenue and multiple expansion. Automotive growth thesis (Zacks)
• Neutral Sentiment: Market technicals: ADI is trading near its 52-week high on heavy volume — momentum amplifies moves but increases short-term volatility risk for traders. Market action note (Zacks)
• Negative Sentiment: Insider selling: Director Ray Stata disclosed a 3,125-share sale (and other small insider sales were reported). While modest versus total holdings, these disclosures can be interpreted negatively by some investors. Ray Stata Form 4 / SEC
• Negative Sentiment: Valuation and payout risks: ADI trades at a rich P/E and a high dividend payout ratio (~87%), which could cap upside or amplify downside if growth slows or if capital-return expectations change. Valuation concerns (Yahoo)

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.