Analog Devices (NASDAQ:ADI) Stock Rating Upgraded by Wells Fargo & Company

Analog Devices (NASDAQ:ADI) was upgraded by equities researchers at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a $340.00 target price on the semiconductor company’s stock, up from their prior target price of $265.00. Wells Fargo & Company‘s price objective would indicate a potential upside of 12.55% from the company’s previous close.

A number of other analysts have also commented on ADI. JPMorgan Chase & Co. lifted their price target on Analog Devices from $310.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Evercore ISI reduced their price objective on Analog Devices from $303.00 to $282.00 and set an “outperform” rating for the company in a research note on Tuesday, November 25th. The Goldman Sachs Group reiterated a “buy” rating and set a $300.00 target price on shares of Analog Devices in a research note on Tuesday, November 25th. Morgan Stanley increased their price target on shares of Analog Devices from $288.00 to $293.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Finally, Barclays set a $315.00 price objective on shares of Analog Devices in a report on Thursday. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $302.43.

Analog Devices Stock Up 1.4%

Analog Devices stock opened at $302.10 on Thursday. Analog Devices has a fifty-two week low of $158.65 and a fifty-two week high of $305.61. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.68 and a current ratio of 2.19. The firm’s 50-day simple moving average is $267.82 and its 200 day simple moving average is $249.56. The stock has a market cap of $147.92 billion, a PE ratio of 66.25, a price-to-earnings-growth ratio of 1.62 and a beta of 1.03.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Tuesday, November 25th. The semiconductor company reported $2.26 EPS for the quarter, beating the consensus estimate of $2.22 by $0.04. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The firm had revenue of $3.08 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same quarter last year, the business posted $1.67 EPS. The company’s revenue for the quarter was up 25.9% on a year-over-year basis. Research analysts predict that Analog Devices will post 7.14 EPS for the current fiscal year.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 500 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The shares were 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 of the company’s stock, valued at approximately $3,831,556.60. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total transaction of $719,406.25. Following the completion of the transaction, the director owned 142,571 shares of the company’s stock, valued at $32,821,269.91. This represents a 2.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 53,544 shares of company stock valued at $14,328,561. 0.33% of the stock is currently owned by insiders.

Institutional Trading of Analog Devices

A number of institutional investors have recently added to or reduced their stakes in ADI. Howard Hughes Medical Institute purchased a new position in Analog Devices during the 2nd quarter valued at about $25,000. RMG Wealth Management LLC purchased a new position in Analog Devices during the second quarter valued at approximately $26,000. Clayton Financial Group LLC bought a new stake in Analog Devices during the 3rd quarter worth approximately $31,000. Y.D. More Investments Ltd purchased a new stake in Analog Devices in the 3rd quarter worth approximately $32,000. Finally, LFA Lugano Financial Advisors SA grew its position in shares of Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: KeyCorp reiterated an “Overweight” rating, raised its target and published above-consensus multi-year EPS forecasts (FY26–FY27), signaling stronger expected earnings growth and giving analysts’ backing to the rally. Read More.
• Positive Sentiment: Industry tailwind: analysts highlight ADI’s exposure to vehicle electronics and rising content per car (Level 2+ ADAS and software-defined vehicles) as a structural revenue growth driver. Read More.
• Positive Sentiment: Recent fundamentals are supportive — ADI beat November-quarter EPS and revenue estimates and showed strong year-over-year revenue growth, reinforcing margin/cash-generation expectations. Read More.
• Positive Sentiment: Large institutional buying and increased stakes by funds (Norges Bank, Amundi, Raymond James, etc.) signal confidence from major holders, which can underpin shares during momentum moves. Read More.
• Neutral Sentiment: Market action: ADI is trading with above-average volume and near its 52-week high — momentum can amplify moves but also increase short-term volatility and raise profit-taking risk. Read More.
• Negative Sentiment: Insider selling: Director Ray Stata disclosed a 3,125-share sale (Jan. 13); while small relative to his holdings, insider disposals often trigger short-term selling or caution among some investors. Read More.
• Negative Sentiment: Additional insider sale: an ADI SVP sold roughly $150.7k of stock; multiple small insider sales add to the perception risk even if they are routine. Read More.
• Negative Sentiment: Valuation & payout risk: ADI trades at a rich P/E and its dividend payout ratio is elevated (~87%), which could limit upside if growth slows or if dividends come under pressure. Read More.

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.