Tristan Gerra, an analyst from Robert W. Baird, maintained the Buy rating on Analog Devices (ADI – Research Report). The associated price target is $250.00.
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Tristan Gerra has given his Buy rating due to a combination of factors that highlight Analog Devices’ strong market position and growth potential. The company is well-positioned with its best-in-class product specifications, which provide a competitive edge and relative immunity to industry-wide pricing pressures. Additionally, its hybrid manufacturing model helps mitigate the impact of revenue fluctuations on fixed manufacturing costs, showcasing resilience in challenging market conditions.
Analog Devices’ strategic focus on five key growth areas—autonomy/robotics, proactive healthcare, energy transition, immersive experience, and AI data centers/AI testers—further supports its long-term growth outlook. The company’s recent financial performance, including a sequential increase in both Automotive and Industrial revenues and a higher-than-expected F2Q25 EPS and revenue, reinforces confidence in its ability to achieve its full-year growth target. These factors collectively underpin Tristan Gerra’s Buy rating for Analog Devices.
In another report released on May 20, Citi also maintained a Buy rating on the stock with a $260.00 price target.