Arete Upgrades Analog Devices to Buy, $389 Price Target
- Rating
- Buy
- from Neutral
- Target
- $389
- Outcome
- Reached
- on April 23, 2026
What the analyst said
Analog Devices | Arete
Date
March 30, 2026
12-Month Price Target
$389.00
Upside/Downside Implied
Upside 26.9%
Rating
Buy
Arete upgraded Analog Devices (NASDAQ: ADI) from Neutral to Buy with a price target of $389.00.
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.
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 $389 target is 20% below the median, the lowest on the Street.
Since the note ADI has moved +18% (from $307). 12-month window: day 222 of 365, closes on March 30, 2027.
Track record
This call✓ Target reached on April 23, 2026, 24 days after the note.
Firm track recordToo early to score Arete Research: price targets are 12-month calls and fewer than 5 of its targets are a year old. 3 of its 6 open targets have already been reached. How we score



