Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, Analog Devices, Inc. (ADI) has a Wall Street consensus price target of $374.42, based on estimates from 54 covering analysts. With the stock currently trading at $355.79, this represents a potential upside of +5.2%. The company has a market capitalization of $173.70B.
Analyst price targets range from a low of $270.00 to a high of $430.00, representing a 43% spread in expectations. The median target of $387.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 43 analysts rating the stock as a Buy or Strong Buy,11 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, ADI trades at a trailing P/E of 78.0x and forward P/E of 31.5x. The forward PEG ratio of 4.62 reflects a premium valuation. Analysts expect EPS to grow +105.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $749.01, with bear and bull scenarios of $268.71 and $885.74 respectively. Model confidence stands at 63/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus price target for ADI is $374.42, close to the current price of $355.79 (5.2% implied move). Based on 54 analyst estimates, the stock appears fairly valued near current levels.
ADI has a consensus rating of "Buy" based on 54 Wall Street analysts. The rating breakdown is predominantly bullish, with 43 Buy/Strong Buy ratings. The consensus 12-month price target of $374.42 implies 5.2% upside from current levels.
ADI trades at a forward P/E of 31.4964x, representing a moderate valuation. With analysts targeting $374.42 (5.2% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $430 for ADI, while the most conservative target is $270. The consensus of $374.42 represents the median expectation. Our quantitative valuation model projects a bull case target of $886 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
ADI is heavily covered by Wall Street, with 54 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 43 have Buy ratings, 11 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month ADI stock forecast based on 54 Wall Street analysts shows a consensus price target of $374.42, with estimates ranging from $270 (bear case) to $430 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $749, with bear/bull scenarios of $269/$886.
Our quantitative valuation model calculates ADI's fair value at $749 (base case), with a bear case of $269 and bull case of $886. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 63/100.
ADI trades at a forward P/E ratio of 31.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 78.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
ADI appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $374.42 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
ADI analyst price targets range from $270 to $430, a 43% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $374.42 consensus represents the middle ground. Our model's $269-$886 range provides an independent fundamental perspective.