Analysts upbeat on the outlook for Analog Devices Inc

Analysts upbeat on the outlook for Analog Devices Inc

Article image

The Analog Devices Inc (NSQ:ADI) share price has risen by 16.4% over the past month and it’s currently trading at 123.33. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Analog Devices Inc currently has:

  • 7 Buy recommendations
  • 8 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

Beyond analyst recommendations

At its current price of 123.33, shares in Analog Devices Inc are trading at a discount of -6.98% to its 52 week high price. The 1-year performance of the shares has been 13.9%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Analog Devices Inc (NSQ:ADI) it's worth doing some investigation yourself.


While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Analog Devices it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Analog Devices that you can find out about here.


About us

Stockopedia helps individual investors make confident, profitable choices in the stock market. Our StockRank and factor investing toolbox unlocks institutional-quality insights into thousands of global stocks. Voted “Best Investment Research Tools” and “Best Research Service” at the 2021 UK Investor Magazine awards.

Analog Devices's StockRank™

High FlyerBalanced

Analog Devices's StockRank™

With a StockRank of 64, Analog Devices is more attractive than 64% of the 9,637 stocks we cover in North America, according to our proprietary ranking system.

See the full StockReport

Absolutely Perfect

"Trialed multiple other platforms - this is by far my favourite. Other platforms do not even have half the stuff that you can find on Stockopedia. Love it!"

As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.