Analog Devices Inc. (ADI) Stock Forecast & Predictions

Analog Devices Inc. ADI: $176.96

1 Technology Way, Norwood, Massachusetts, US. | Sector: Manufacturing | Exchange: NASDAQ | Web: www.analog.com

  • Market Cap$65.74B
  • Change (52 Weeks)60.04%
  • Low (52 Weeks)$112.06
  • Analog Devices Inc. (ADI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Analog Devices Inc. (ADI) stock price is $176.96 and the 52 weeks low is $112.06, which means the Analog Devices Inc. stock price is up 60.04% in the last 12 months.

    Analog Devices Inc. (ADI) Stock Price has been Trending Strongly with an ADX reading of 26.01 as per the Weekly Chart.

    A Upward trend indicates that Analog Devices Inc. (ADI) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that ADI Stock price might rise further, 25.00% indicating that ADI Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall ADI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Analog Devices Inc. (ADI) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Analog Devices Inc. (ADI) is based on 29 Institutional Analyst Ratings where 48.28% are on Strong Buy, 34.48% on Moderate Buy, 17.24% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 29 Institutional Analysts, majority recommended ADI stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Analog Devices Inc..

    Analog Devices Inc. (ADI) Stock Price Prediction By Analysts


    HighLowAverage
    $220.50$166.65$194.29
    $194.299.79% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for ADI set by the institutional analysts is $194.29 where High Estimate is $220.50, Median $195.84 and Low $166.65.

    The average price target for ADI by Institutional Analysts is $194.29, which is 9.79% Upside from the current price. So according to the Institutional Analysts, ADI Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Analog Devices Inc. (ADI) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with ADI stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ADI and holding their positions hoping for a further rise in the stock price and more profit.

    Analog Devices Inc. (ADI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightReiterated
    Deutsche BankHoldMaintained
    Truist SecuritiesBuyMaintained
    NeedhamBuyMaintained
    Deutsche BankHoldMaintained
    OppenheimerOutperformMaintained
    Wells FargoEqual-WeightInitiated
    StifelBuyMaintained
    KeybancOverweightMaintained
    NeedhamBuyInitiated
    Truist SecuritiesBuyMaintained
    Deutsche BankHoldMaintained
    BernsteinOutperformUpgraded
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    RBC CapitalOutperformMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    KeyBancOverweightMaintained
    Raymond JamesOutperformMaintained
    KeyBancOverweightMaintained
    Evercore ISI GroupOutperformUpgraded
    KeyBancOverweightMaintained
    CitigroupBuyMaintained
    RBC CapitalOutperformMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    Raymond JamesOutperformMaintained
    KeyBancOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    StifelBuyMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    BairdOutperformReiterated
    B of A SecuritiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightMaintained
    KeyBancOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyUpgraded
    CFRAHoldDowngraded
    BairdOutperformMaintained
    Bank of AmericaBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    NomuraNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    Raymond JamesOutperformUpgraded
    Daiwa CapitalOutperformInitiated
    KeyBancOverweightUpgraded
    BarclaysOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    NomuraNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    BernsteinMarket PerformDowngraded
    Bank of AmericaBuyUpgraded
    RBC CapitalSector PerformDowngraded
    Morgan StanleyEqual-WeightDowngraded
    PiperJaffrayOverweightMaintained
    NomuraNeutralMaintained
    Morgan StanleyOverweightMaintained
    BarclaysEqual-WeightMaintained
    Goldman SachsSellDowngraded
    Morgan StanleyOverweightMaintained
    Stifel NicolausBuyMaintained
    Raymond JamesMarket PerformDowngraded
    KeyBancSector WeightInitiated
    Evercore ISI GroupIn-LineDowngraded
    Stifel NicolausBuyMaintained
    Raymond JamesOutperformMaintained
    B. Riley FBRBuyMaintained
    Loop CapitalBuyInitiated
    Stifel NicolausBuyMaintained
    PiperJaffrayOverweightMaintained
    Morgan StanleyOverweightMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    B. Riley FBRBuyMaintained
    Raymond JamesOutperformUpgraded
    Stifel NicolausBuyMaintained
    NomuraNeutralMaintained
    KeyBancOverweightMaintained
    Deutsche BankHoldMaintained
    BMO CapitalOutperformMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    ArgusBuyMaintained
    BernsteinOutperformUpgraded
    PiperJaffrayOverweightUpgraded
    PiperJaffrayNeutralInitiated
    Morgan StanleyOverweightMaintained
    Stifel NicolausBuyMaintained
    NomuraReduceDowngraded
    Stephens & Co.OverweightUpgraded
    Wells FargoMarket PerformDowngraded
    MKM PartnersNeutralMaintained
    KeyBancOverweightMaintained
    Deutsche BankHoldMaintained
    Bank of AmericaBuyUpgraded
    CLSAOutperformInitiated
    CitigroupNeutralMaintained
    BMO CapitalOutperformMaintained
    Pacific CrestOverweightMaintained
    OppenheimerOutperformUpgraded
    Morgan StanleyOverweightUpgraded
    JP MorganNeutralMaintained
    Goldman SachsNeutralUpgraded
    Evercore ISI GroupBuyUpgraded
    CitigroupNeutralDowngraded
    BarclaysEqual-WeightMaintained
    Bank of AmericaNeutralDowngraded
    Goldman SachsSellInitiated
    JefferiesBuyMaintained
    Raymond JamesOutperformDowngraded
    Drexel HamiltonBuyInitiated
    SunTrust Robinson HumphreyBuyMaintained
    Stifel NicolausBuyMaintained
    Pacific CrestOverweightMaintained
    NomuraNeutralUpgraded
    BarclaysEqual-WeightMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    Wells FargoOutperformUpgraded
    Evercore ISI GroupHoldDowngraded
    OppenheimerPerformDowngraded
    BarclaysEqual-WeightDowngraded
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankHoldMaintained
    BMO CapitalOutperformUpgraded
    CitigroupBuyUpgraded
    Evercore ISI GroupBuyUpgraded
    NomuraReduceDowngraded
    Stifel NicolausBuyMaintained
    Pacific CrestOverweightMaintained
    Maxim GroupNeutralMaintained
    BMO CapitalMarket PerformMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    SusquehannaNeutralInitiated
    Drexel HamiltonHoldDowngraded
    CitigroupNeutralMaintained
    Credit SuisseOutperformMaintained
    UBSNeutralMaintained
    Stifel NicolausBuyMaintained
    OppenheimerOutperformMaintained
    JP MorganNeutralMaintained
    BarclaysOverweightUpgraded
    Stifel NicolausBuyMaintained
    JP MorganNeutralMaintained
    JefferiesBuyMaintained
    Deutsche BankBuyMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    JefferiesBuyMaintained
    OppenheimerOutperformMaintained
    ISI GroupNeutralDowngraded
    JP MorganNeutralDowngraded
    MacquarieOutperformMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    Stifel NicolausBuyInitiated
    MacquarieOutperformMaintained
    JefferiesBuyMaintained
    SunTrust Robinson HumphreyNeutralMaintained
    NomuraNeutralMaintained
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    CitigroupHoldMaintained
    Raymond JamesStrong BuyMaintained
    CitigroupNeutralDowngraded
    CitigroupBuyMaintained
    ISI GroupBuyInitiated
    Goldman SachsNeutralUpgraded
    Drexel HamiltonBuyUpgraded
    Wells FargoMarket PerformDowngraded
    Goldman SachsSellDowngraded
    OppenheimerOutperformInitiated
    NomuraNeutralMaintained
    CitigroupBuyMaintained
    Drexel HamiltonBuyInitiated
    JefferiesBuyMaintained
    BMO CapitalMarket PerformMaintained
    JefferiesBuyUpgraded
    CitigroupBuyUpgraded
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    ISI GroupStrong BuyUpgraded
    UBSNeutralMaintained
    NomuraNeutralMaintained
    JefferiesHoldMaintained
    ISI GroupBuyMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformMaintained
    Credit SuisseOutperformUpgraded
    BarclaysEqual-WeightMaintained
    CitigroupNeutralDowngraded
    Sterne AgeeNeutralMaintained
    NomuraNeutralMaintained
    Morgan StanleyEqual-WeightDowngraded
    ISI GroupHoldDowngraded
    Bank of AmericaBuyMaintained
    JefferiesHoldMaintained
    Goldman SachsNeutralMaintained
    CitigroupBuyMaintained
    Canaccord GenuityBuyMaintained
    Sterne AgeeNeutralDowngraded
    CitigroupBuyMaintained
    UBSNeutralMaintained
    JefferiesHoldMaintained
    Canaccord GenuityBuyMaintained
    UBSNeutralDowngraded

    Analog Devices Inc. (ADI) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.718
    The average consensus EPS for ADI is $1.718 with a high estimate of $1.848 and Low of $1.656 for the period 2021-12-31 and based on 24 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.72$1.6350892021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.71788879999999992021-12-31
    $1.72$1.6350892021-09-30
    $1.54$1.46697452021-06-30
    $1.44$1.33450290000000022021-03-31
    $1.44$1.33819952020-12-31
    $1.36$1.29707232020-09-30
    $1.08$1.03863350000000022020-06-30
    $1.03$1.00846482020-03-31
    $1.19$1.23041232019-12-31
    $1.26$1.23657329999999992019-09-30
    $1.36$1.31280809999999982019-06-30
    $1.33$1.28931552019-03-31
    $1.55$1.53818960000000022018-12-31
    $1.53$1.47501412018-09-30
    $1.45$1.38888132018-06-30
    $1.42$1.2995672018-03-31
    $1.45$1.37701382017-12-31
    $1.26$1.15650052017-09-30
    $1.03$0.84334999999999992017-06-30
    $0.94$0.74212782017-03-31
    $1.05$0.90284912016-12-31
    $0.82$0.76309542016-09-30
    $0.64$0.62826042016-06-30
    $0.56$0.53597672016-03-31
    $1.03$0.83701732015-12-31
    $0.77$0.75009670000000012015-09-30
    $0.73$0.72554362015-06-30
    $0.63$0.61238322015-03-31
    $0.69$0.68656772014-12-31
    $0.63$0.63276499999999992014-09-30
    $0.59$0.56717562014-06-30
    $0.49$0.48741592014-03-31
    $0.63$0.58700192013-12-31
    $0.57$0.54805629999999992013-09-30
    $0.51$0.52675542013-06-30
    $0.44$0.44970252013-03-31
    $0.58$0.57056922012-12-31
    $0.56$0.56749880000000012012-09-30
    $0.53$0.51659482012-06-30
    $0.46$0.48194172012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).