Stifel has raised its price target on Analog Devices to $405 from $360 and maintained a Buy rating, pointing to solid recent results and guidance backed by long-term secular tailwinds across multiple end markets. The firm highlighted the company’s emphasis on high-end, high-value semiconductor solutions as a supporting factor for the near-term outlook.
At the time of the report, ADI was trading at $346.56. InvestingPro data cited in Stifel’s analysis indicates the stock is trading above its Fair Value. Stifel’s new target incorporates calendar year 2027 estimates applied at 14.0 times enterprise value to sales, a metric reflected in the firm’s valuation framework.
Several valuation and balance-sheet measures are included in the report: Analog Devices is trading at a P/E ratio of 76.06, a figure that implies a premium relative to many industry peers, while the company’s current ratio is 2.19, indicating that liquid assets materially exceed short-term obligations. The firm’s market capitalization is listed at $164.92 billion.
Stifel’s positive view aligns with ADI’s recent market performance: the stock has returned 59.88% over the past year, a charting detail noted in the analysis. The firm explicitly pointed to the company’s strategic focus on higher-end product offerings as one of the elements supporting both near-term and longer-term expectations.
InvestingPro materials referenced in the coverage also point readers to 18 additional tips and a comprehensive Pro Research Report for subscribers seeking further detail on the company’s positioning within the Semiconductors industry.
Beyond Stifel, the note summarizes how other brokerages have adjusted their outlooks. Cantor Fitzgerald raised its price target to $400, forecasting a modest earnings beat driven by recoveries in areas such as data centers and automotive. Barclays upgraded the stock to Overweight and raised its target to $375, citing strong industrial exposure. UBS set a price target at $400, noting robust positioning in key growth markets.
The article also includes a separate Stifel reference indicating a price-target move to $360, where the firm expected January-quarter revenue to meet or slightly exceed $3.10 billion. The report presents these firm-specific projections and target adjustments as part of the broader analyst reactions to Analog Devices’ recent performance.
On the shareholder return side, Analog Devices announced an 11% increase to its quarterly dividend, now set at $1.10 per share. This represents the company’s 22nd consecutive year of dividend growth. The dividend is scheduled to be payable on March 17, 2026, to shareholders of record as of March 3, 2026.
Collectively, the analyst moves, dividend increase and valuation commentary in the coverage indicate a generally favorable analyst tone toward Analog Devices, while the valuation metrics and InvestingPro assessment that the stock is trading above Fair Value underscore ongoing questions about relative price levels.