On July 10, 2025, Analog Devices (ADI, Financial) received a significant boost as Goldman Sachs initiated its coverage on the company's stock. This new coverage comes with a 'Buy' rating, indicating a positive outlook from the renowned financial institution.
Goldman Sachs analyst James Schneider announced a price target of $285.00 USD for Analog Devices (ADI, Financial). This price target suggests confidence in the stock's potential to reach the specified valuation, although no prior price target was given for comparison.
The initiation of coverage and the announcement of a 'Buy' rating underscore the analyst's favorable perception of Analog Devices (ADI, Financial). Investors often anticipate such moves as indicators of potential growth or stability in a company's stock.
This development marks a noteworthy moment for Analog Devices (ADI, Financial) as it continues to navigate the dynamic market landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for Analog Devices Inc (ADI, Financial) is $244.97 with a high estimate of $300.00 and a low estimate of $155.00. The average target implies an upside of 0.93% from the current price of $242.72. More detailed estimate data can be found on the Analog Devices Inc (ADI) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, Analog Devices Inc's (ADI, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Analog Devices Inc (ADI, Financial) in one year is $184.77, suggesting a downside of 23.88% from the current price of $242.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Analog Devices Inc (ADI) Summary page.
