Baird Hikes Analog Devices Price Target to $675

1 min read Reproduced verbatim
Rating
Outperform
Target
$675
from $450 (+50%)
Upside
+86%
ADI at $364 today
Baird and Analog Devices logos

What the analyst said

Baird analyst Tristan Gerra raised the price target on Analog Devices (NASDAQ: ADI) to $675 (from $450) while maintaining an Outperform rating on August 24, 2026.

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 $364. The 10 analysts who set a target in the last 3 months range from $430 to $675, with a median of $487. This $675 target is 39% above the median, the highest on the Street.

Since the note ADI has moved −3% (from $373). 12-month window: day 74 of 365, closes on August 24, 2027.

Track record

This callOpen: ADI has not reached $675 yet. This 12-month target is scored on August 24, 2027.

Firm track recordBaird: 90% of its 31 targets at least a year old were reached within 12 months (#1 of 26 firms). Accuracy ranking →

Baird on Analog Devices

Baird price targets on Analog Devices

3 calls from February 19, 2026 to August 24, 2026. The target went from $365 to $675 (+85%). The rating stayed Buy.

Baird targetADI share price
  1. August 24, 2026 This noteTarget raised from $450 (+50%)Buy$675
  2. May 20, 2026Target raised from $365 (+23%)Buy$450
  3. February 19, 2026Earliest call shownBuy$365
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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.