Stifel Analog Devices · ADI

Stifel Reiterates Buy Rating on Analog Devices

Analyst: Tore Svanberg 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$450
Unchanged
Upside
+24%
ADI at $364 today
Stifel and Analog Devices logos

What the analyst said

Stifel analyst Tore Svanberg reiterated a Buy rating and $450.00 price target on Analog Devices (NASDAQ: ADI).

“ADI announced plans to acquire private Empower Semiconductor for $1.5bn cash, with expectations for the deal to close in 2H26E.Empower’s core technology is monolithically integrated voltage regulators (IVRs) tailor-made for XPU/chiplet VPD at current levels ADI does not have today, as well as silicon capacitors which are co-designed with the IVRs for Empower’s VPD solution.Key Takeaway: While we await further details tomorrow on ADI’s F2Q26 earnings call regarding the deal and positioning, Empower’s IVR technology supports power currents exceeding 3,000A, which should position ADI well for next-gen VPD sockets in merchant and XPU accelerator roadmaps it is not well-positioned for pre-acquisition.”

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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 $450 target is 8% below the median.

Since the note ADI has moved −12% (from $414). 12-month window: day 171 of 365, closes on May 20, 2027.

Track record

This callOpen: ADI has not reached $450 yet. This 12-month target is scored on May 18, 2027. Same target as this firm’s May 18, 2026 note, so it is scored there.

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

Earnings reactionOne of 13 notes after Analog Devices’s May 20 results: 11 raised · 0 cut · 2 kept. See every call →

Stifel on Analog Devices

Stifel price targets on Analog Devices

7 calls from January 16, 2026 to August 20, 2026. The target went from $330 to $498 (+51%). The rating stayed Buy.

Stifel targetADI share price
  1. August 20, 2026Kept the $498 targetBuy$498
  2. August 11, 2026Target raised from $450 (+11%)Buy$498
  3. May 20, 2026 This noteKept the $450 targetBuy$450
  4. May 18, 2026Target raised from $405 (+11%)Buy$450
  5. February 18, 2026Target raised from $360 (+13%)Buy$405
  6. February 17, 2026Target raised from $330 (+9%)Buy$360
  7. January 16, 2026Earliest call shownBuy$330
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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.