Analog Devices Inc. stock (US0326541051): analyst price targets rise after strong Q2 momentum

Analog Devices Inc. opened the new trading week in the United States with its stock trading near recent highs on the Nasdaq after a series of analyst target increases that followed robust fiscal Q2 2026 results and guidance updates. The company reported fiscal Q2 revenue of USD 3.62 billion, up 37% year over year and above analyst expectations of USD 3.50 billion, alongside adjusted EPS of USD 3.09 versus USD 1.85 a year earlier, according to a detailed post-earnings review on InsideMonkey dated 05/23/2026 that in turn cites the company release.InsideMonkey as of 05/23/2026

The stock, listed in the United States on the Nasdaq under the ticker ADI, has benefited from this earnings momentum and revised guidance, with industrial demand highlighted as a key driver and Q3 2026 revenue now guided to about USD 3.9 billion with an operating margin of roughly 39% as discussed in a Simply Wall St analysis dated 05/24/2026.Simply Wall St as of 05/24/2026 As of 06/01/2026, GuruFocus highlighted that the share price around USD 414 implied a notable premium to a discounted cash flow value estimate of USD 228, underlining how strongly the market has repriced the stock after the latest set of figures.GuruFocus as of 06/01/2026

As of: 01.06.2026

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Analog Devices Inc.: core business model

Analog Devices focuses on designing and supplying high-performance analog, mixed-signal and signal-processing semiconductors, with revenue largely tied to long-cycle industrial and automotive customers that integrate its chips into equipment, vehicles and communications systems.

What banks and research houses say about Analog Devices Inc.

Following the latest quarterly update, several research providers have refreshed their views on Analog Devices. Argus Research raised its price target from USD 400 to USD 460 while maintaining a Buy rating, pointing to the strength of fiscal Q2 2026 revenue of USD 3.62 billion and the company’s improved outlook for the coming quarters, according to a note summarized on Dealroom dated 05/27/2026.Dealroom as of 05/27/2026 In parallel, MarketBeat data as of 06/01/2026 report that Raymond James lifted its target from USD 385 to USD 430 with an Outperform rating, reflecting confidence in the company’s post-earnings momentum and demand in industrial chips.MarketBeat as of 06/01/2026

According to the same MarketBeat overview dated 06/01/2026, the consensus rating on Analog Devices is currently described as Moderate Buy with an average target price of USD 432.71 across the tracked analysts, indicating that, on balance, research houses still see room for growth relative to recent trading levels despite the strong run since the earnings release.MarketBeat as of 06/01/2026

Conclusion

The current news flow around Analog Devices Inc. is shaped by the strong fiscal Q2 2026 report, upbeat guidance for Q3 2026 and the stock’s firm performance on the Nasdaq in the United States. Analyst houses such as Argus and Raymond James have responded with higher price targets, while consensus data from MarketBeat still point to a Moderate Buy stance and an average target price above prevailing levels. Against this backdrop, the debate in markets is focused on whether ongoing industrial and automotive demand, along with the company’s margin profile, can sustain the valuation investors now assign to this semiconductor specialist.

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