- Seaport Research Partners upgrades Analog Devices (ADI, Financial) and Texas Instruments (TXN) to Neutral, easing previous Sell ratings.
- Analog Devices shows potential upside according to analyst price targets, yet GF Value indicates possible downside.
- Investors await Texas Instruments' upcoming earnings report, anticipating $1.37 EPS on $4.31 billion revenue.
Seaport Research Partners' Upgrade on Semiconductor Giants
Seaport Research Partners recently revised their outlook on two semiconductor giants, Analog Devices (ADI) and Texas Instruments (TXN), upgrading both from Sell to Neutral. This shift reflects diminishing concerns over tariffs, a significant relief for these tech behemoths. Year-to-date, both stocks have enjoyed considerable growth, mirroring the overall positive trajectory seen in the semiconductor industry.
Texas Instruments' Earnings Expectations
Investors are eagerly anticipating the forthcoming earnings announcement from Texas Instruments, with projections set for $1.37 earnings per share and revenue reaching $4.31 billion. This report could significantly impact stock performance and investor sentiment in the coming weeks.
Wall Street Analysts Forecast for Analog Devices
In terms of forward-looking projections, a collective of 28 analysts has established a one-year average price target of $250.05 for Analog Devices Inc (ADI, Financial), with estimates ranging from $155.00 to a high of $300.00. This average target suggests a potential upside of 1.86% from the current price of $245.47. Investors can explore further details on the Analog Devices Inc (ADI) Forecast page.
Brokerage Recommendations
The consensus among 36 brokerage firms indicates a recommendation rating of 2.1 for Analog Devices Inc (ADI, Financial), positioning it in the "Outperform" category. This rating employs a scale from 1 (Strong Buy) to 5 (Sell), highlighting a generally positive outlook from the brokerage community.
Understanding GF Value for Analog Devices
Despite the optimistic price targets, GuruFocus' proprietary GF Value metric suggests caution. The estimated GF Value for ADI stands at $184.77, implying a potential downside of 24.73% from the current price of $245.47. This figure is derived from historical trading multiples, past business growth, and future performance projections. More comprehensive information can be accessed on the Analog Devices Inc (ADI, Financial) Summary page.
