Analog Devices Stock (ADI) Slips on Analyst Updates

Analog Devices (ADI) stock was down on Friday after analysts weighed in on the integrated circuits and software company following its latest earnings report.

Analysts’ reception to that earnings report was mixed, despite it beating estimates. This resulted in several price target revisions from top analysts.

• CFRA analyst Angelo Zino increased his ADI stock price target to $265 from $250, representing a possible 27.06% upside.
• Wolfe Research analyst Chris Caso lowered his price target to $280 from $295, implying a 34.25% upside.
• Barclays analyst Thomas O’Malley raised his price target to $185 from $175, representing a potential 11.3% downside.

Caso said it makes sense to remain long on ADI stock during its early period of recovery. However, the analyst also stated “we think ADI will need to demonstrate higher earnings power to drive sustainable growth in the stock.”

Analog Devices Stock Movement Today

Analog Devices stock slipped 1.33% on Friday morning following the mixed analyst coverage. That extends its 1.15% drop year-to-date and 8.85% fall over the last 52 weeks.

ADI stock dropped despite the company’s Q2 2025 adjusted earnings per share of $1.85 and revenue of $2.64 billion, both of which beat Wall Street’s estimates. It’s likely that Analog Devices’ guidance also weighed on the shares. The adjusted EPS and revenue outlook midpoints are $1.23 and $2.75 billion, which would be mixed results next to analysts’ estimates of $1.82 per share and revenue of $2.62 billion.

Is ADI Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Analog Devices is Moderate Buy, based on 12 Buy, five Hold, and one Sell ratings over the last three months. With that comes an average ADI stock analyst price target of $245.25, representing a potential 17.06% upside for the shares.

See more ADI stock analyst ratings