Analog Devices Trading Volume Plummets 38.88% to 152nd Position

On June 17, 2025, Analog Devices (ADI) experienced a significant decline in trading volume, with a turnover of $472 million, marking a 38.88% decrease from the previous day. This drop placed ADI at the 152nd position in terms of trading volume for the day. The stock price of ADI also decreased by 1.92%.

Wells Fargo analyst Joe Quatrochi has raised the price target for Analog Devices from $205 to $235, maintaining an "equal weight" rating. This adjustment reflects a positive outlook on the company's performance and potential for growth.

Analysts have provided a range of price targets for Analog Devices, with an average target of $246.41. This indicates a generally optimistic view of the company's future prospects, with some analysts predicting significant upside potential.

Analysts' 12-month price targets for Analog Devices reveal an average target of $230.95, with a high estimate of $295.00 and a low estimate of $155.00. This range highlights the varying opinions among analysts regarding the company's valuation and growth potential.

Analysts have given Analog Devices a consensus rating of "moderate buy," with 16 buy ratings, 7 hold ratings, and 1 sell rating. This rating reflects a generally positive sentiment towards the company's stock, with a majority of analysts recommending it as a buy.