Bernstein Analog Devices · ADI

Bernstein Raises Analog Devices Price Target to $375

1 min read Reproduced verbatim
Rating
Market Perform
Unchanged
Target
$375
from $270 (+39%)
Outcome
Reached
on April 20, 2026
Bernstein and Analog Devices logos

What the analyst said

Bernstein SocGen Group analyst Stacy Rasgon raised the price target on Analog Devices (NASDAQ: ADI) to $375.00 (from $270.00) while maintaining a Market Perform rating.

“We note the stock shed a chunk of its pre-market gains during the trading session, likely due in part to the strong performance already seen YTD with valuation still fairly expensive (>25x even on numbers that are probably going up a good amount).

Nevertheless, if we had to own one analog in our coverage it would probably be this one. Raising estimates; PT to $375 (~28x vs 25x prior on better outlook, on FY27 EPS of $13.38). We rate ADI MP.”

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Where the price stands

ADI trades at $364. The 10 analysts who set a target in the last 3 months range from $430 to $675, with a median of $487. This $375 target is 23% below the median, the lowest on the Street.

Since the note ADI has moved +5% (from $346). 12-month window: day 261 of 365, closes on February 19, 2027.

Track record

This call✓ Target reached on April 20, 2026, 2 months after the note.

Firm track recordBernstein: 80% of its 25 targets at least a year old were reached within 12 months (#11 of 26 firms). Accuracy ranking →

Earnings reactionOne of 19 notes after Analog Devices’s Feb 18 results: 18 raised · 0 cut · 0 kept. See every call →

Bernstein on Analog Devices

Bernstein price targets on Analog Devices

3 calls from February 19, 2026 to August 19, 2026. The target went from $375 to $465 (+24%). The rating moved from Hold to Buy.

Bernstein targetADI share price
  1. August 19, 2026Upgraded to Buy, target raised from $430 (+8%)Buy$465
  2. May 21, 2026Target raised from $375 (+15%)Hold$430
  3. February 19, 2026 This noteEarliest call shownHold$375
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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
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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.