JPMorgan Raises Analog Devices Price Target to $400

1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$400
from $320 (+25%)
Outcome
Reached
on April 23, 2026
JP Morgan and Analog Devices logos

What the analyst said

JPMorgan analyst Harlan Sur raised the price target on Analog Devices (NASDAQ: ADI) to $400.00 (from $320.00) while maintaining an Overweight rating.

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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 $364. The 10 analysts who set a target in the last 3 months range from $430 to $675, with a median of $487. This $400 target is 18% 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 23, 2026, 2 months after the note.

Firm track recordJP Morgan: 64% of its 28 targets at least a year old were reached within 12 months (#22 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 →

JP Morgan on Analog Devices

JP Morgan price targets on Analog Devices

3 calls from February 19, 2026 to August 20, 2026. The target went from $400 to $500 (+25%). The rating stayed Buy.

JP Morgan targetADI share price
  1. August 20, 2026Target raised from $450 (+11%)Buy$500
  2. May 26, 2026Target raised from $400 (+13%)Buy$450
  3. February 19, 2026 This noteEarliest call shownBuy$400
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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.