What the analyst said

Citi analyst Christopher Danely raised the price target on Analog Devices (NASDAQ: ADI) to $340.00 (from $290.00) while maintaining a Buy rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

ADI trades at $361. The 10 analysts who set a target in the last 3 months range from $430 to $675, with a median of $487. This $340 target is 30% below the median, the lowest on the Street.

Since the note ADI has moved +21% (from $298). 12-month window: day 294 of 365, closes on January 15, 2027.

Track record

This call✓ Target reached on February 18, 2026, 34 days after the note.

Firm track recordCiti: 88% of its 41 targets at least a year old were reached within 12 months (#3 of 26 firms). Accuracy ranking →

Citi on Analog Devices

Citi price targets on Analog Devices

2 calls from January 15, 2026 to May 21, 2026. The target went from $340 to $460 (+35%). The rating stayed Buy.

Citi targetADI share price
  1. May 21, 2026Target raised from $340 (+35%)Buy$460
  2. January 15, 2026 This noteEarliest call shownBuy$340
Share

Other analysts on Analog Devices

TD CowenBuy Raised price target +3%, kept rating Oct 19 $475from $460 TD CowenBuy Kept rating and price target Sep 8 $460maintained CantorBuy Kept rating and price target Sep 8 $550maintained BairdBuy Raised price target +50%, kept rating Aug 24 $675from $450 BMO CapitalBuy Initiated coverage Aug 21 $430
Share on
Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.