JPMorgan Raises its Price Target on Analog Devices (ADI)

On May 26, 2026, JPMorgan raised the firm’s terms people connected Analog Devices, Inc. (NASDAQ:ADI) to $450 from $400 and maintained an Overweight standing connected the shares. JPMorgan said the institution reported a “strong beat-and-raise” 4th connected broad-based spot and called Analog Devices its apical prime successful the diversified semiconductor segment.

On May 21, 2026, Raymond James raised the firm’s terms people connected Analog Devices, Inc. (NASDAQ:ADI) to $430 from $385 and maintained an Outperform standing connected the shares. Raymond James said Analog Devices delivered different beardown quarter, with accelerating AI-driven information halfway request accounting for astir of the communications revenue. The steadfast besides cited the acquisition of Empower Semiconductor, which expands the company’s AI and information halfway powerfulness exposure.

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A time earlier, Analog Devices, Inc. (NASDAQ:ADI) reported Q2 adjusted EPS of $3.09, up of the statement estimation of $2.90. Revenue totaled $3.62B, supra the statement estimation of $3.51B. CEO and Chair Vincent Roche said ADI’s second-quarter gross and net were supra the precocious extremity of its outlook, reflecting “record demand” and operational discipline.

Analog Devices, Inc. (NASDAQ:ADI) designs, manufactures, tests, and markets integrated circuits, software, and subsystem products globally.

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