Cantor Fitzgerald Reiterates Buy Rating for Analog Devices, Inc.
Cantor Fitzgerald reaffirms its buy rating on Analog Devices, Inc., setting a price target of $550, a 38.48% upside from the current price.
Key Points
- Cantor Fitzgerald reiterated its buy rating on Analog Devices, Inc. (ADI) with a $550 price target on June 29, 2026.
- Cantor Fitzgerald's $550 price target implies 38.48% upside from Analog Devices, Inc.'s ($ADI) current $397.18 share price.
- Shares of ADI traded near $386.91 on Monday, with a market cap of $188.5 billion and a P/E ratio of 57.5.
- Other analysts also maintain buy ratings, with targets ranging from $450 to $515, while insiders have engaged in notable trading activity.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Cantor Fitzgerald has reaffirmed its buy rating on Analog Devices, Inc. (NasdaqGS: ADI) with a price target of $550. This decision was made by analyst C.J. Muse on June 29, 2026. Shares of Analog Devices traded around $386.91 on Monday, reflecting the firm's confidence in the semiconductor giant.
Cantor Fitzgerald vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Other Institutional Activity in Analog Devices, Inc.
BlackRock, Inc. trimmed its holdings in Analog Devices by 142,652 shares, leaving it with 43.1 million shares valued at approximately $13.7 billion. Vanguard Capital Management LLC initiated a new position with 31.7 million shares worth about $10.1 billion. State Street Corp reduced its stake by 428,915 shares to end with 23.1 million shares valued at $7.3 billion. JPMorgan Chase & Co also cut its holdings by 1.7 million shares, resulting in 20.7 million shares worth $6.3 billion. Geode Capital Management, LLC increased its stake by 229,621 shares, bringing its total to 12.2 million shares valued at $3.9 billion.
Analog Devices, Inc. Stock Up 9.8%
Shares of Analog Devices traded near $386.91 on Monday. The company boasts a market cap of $188.5 billion and a P/E ratio of 57.5, with a forward P/E of 26.2. Its beta is 1.183, indicating moderate volatility. The stock has traded between $218.37 and $445.91 over the past year, with a 50-day moving average of $407.26 and a 200-day moving average of $314.69. Analog Devices maintains a current ratio of 1.75 and a quick ratio of 1.23, alongside a debt-to-equity ratio of 25.81.
$ADI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Analog Devices reported revenue of $12.74 billion, with a growth rate of 37.2%. The company's net margin stands at 26%, while its return on equity is 9.6%. The next earnings report is expected on August 19, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
13 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 5.3%. Revenue beat estimates by 2.1%.
-
Profit surprise
EBITDA missed by 3 percent. Operating income missed by 14 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
13 target raises.
-
Earnings quality
Gross margin up 6.3 points. Operating margin up 12.4 points. Positive free cash flow.
Earnings Call Summary
Analog delivered record $3.62 billion in revenue, up 37 percent year over year and beating expectations. Industrial segment led the way up 56 percent, while data center surged 90 percent. The company is investing in AI, automation, energy systems, and healthcare, and just announced the acquisition of Empower Semiconductor to fill gaps in power-delivery technology for data centers. Management said demand is strong across all markets and they have ample capacity and supply-chain resilience to keep growing.
Guidance They guided for about $3.09 billion in revenue next quarter, above consensus. They expect mid- to high-single-digit growth in industrial and automotive, with communications up low- to mid-teens. Management sees capacity to support up to $20 billion revenue by 2030 and continues building both internal and external manufacturing.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
Analog Devices pays an annual dividend of $4.40, yielding 1.14% with a payout ratio of 60.57%. The dividend provides income for investors while they await potential stock price appreciation.
Insider Buying and Selling at Analog Devices, Inc.
Recent insider activity includes planned sales by Karen Golz and Ray Stata, with Golz selling 1,000 shares at $411.95 on June 12, 2026. Ray Stata sold 1,416 shares at $398.11 on June 10 and 1,432 shares at $400.82 on June 9. Meanwhile, Martin Cotter, SVP of Vertical Business Units, conducted both purchases and sales on June 2, 2026, buying and selling 17,594 shares at $83.48 and $418.00, respectively.
Analysts Set New Price Targets
Cantor Fitzgerald maintained its buy rating on June 29, 2026, with a $550 price target. Other firms like Stifel and JP Morgan also kept their buy ratings, setting targets at $498 and $450, respectively. The consensus among 30 analysts is a buy rating, with an average target price of $452.33.
About Analog Devices, Inc.
Analog Devices, Inc., headquartered in Wilmington, Massachusetts, designs and manufactures integrated circuits used in various applications, including data conversion, power management, and signal processing. The company serves a diverse range of markets such as automotive, communications, and consumer electronics. Led by CEO Vincent T. Roche, Analog Devices employs around 24,500 people and has a strong presence in the semiconductor industry.
Bottom Line
Cantor Fitzgerald's continued buy rating on Analog Devices reflects confidence in its market position and growth potential. Investors keep a close eye on such ratings as they look for insights into the company's future performance. It's important to note that these analyst opinions, while influential, are just one of many factors to consider in investment decisions.
Get Analog Devices, Inc. alerts
New 13F filings, insider trades, and analyst moves on $ADI, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.