Keybanc Raises Analog Devices Price Target to $310

Keybanc analyst John Vinh has raised Analog Devices' (ADI) price target to $310, with a 3.33% increase, and maintained an "Overweight" rating. The average 1-year price target for ADI is $262.51, with a high estimate of $310 and a low of $155. The average brokerage recommendation is 2.0, indicating "Outperform" status.

Analog Devices Inc. (ADI) has received a significant boost from Keybanc analyst John Vinh, who has raised the company's price target to $310, marking a 3.33% increase. This move comes as ADI continues to demonstrate robust performance and a promising outlook in the semiconductor sector.

Keybanc's new price target positions ADI above the average 1-year price target of $262.51, with estimates ranging from $155 to $310. The average brokerage recommendation of 2.0 indicates an "Outperform" status, reflecting the positive sentiment surrounding the company [1].

ADI's recent earnings report highlighted strong performance, with Q3 2025 revenue reaching $2.88 billion, representing a 25% year-over-year increase. The industrial sector, which accounts for 45% of total revenue, showed particularly impressive growth, with a 12% sequential and 23% year-over-year increase. Gross margins stood at 69.2%, while operating margins reached 42.2%, and EPS climbed to $2.05, up 30% year-over-year [2].

The company's leadership in key markets such as AI infrastructure, electric vehicles (EVs), industrial automation, aerospace, and communications has positioned ADI well to capitalize on the sector's growth. Analysts expect ADI to report Q3 2025 earnings on August 20, with a median revenue growth of 32% in 2025 and 17% in 2026, supported by a cyclical rebound in the semiconductor sector [3].

Despite challenges in the automotive sector, ADI's strong performance in other segments and its strategic position in AI-driven chipmakers have analysts optimistic about the company's future. Keybanc's John Vinh's price target increase reflects this optimism, suggesting that investors should closely monitor ADI's performance and the broader semiconductor sector.

References:
[1] https://www.ainvest.com/news/analog-devices-bullish-outlook-backed-sector-tailwinds-2508/
[2] https://www.investors.com/news/technology/adi-stock-analog-devices-fiscal-q3-2025-earnings/
[3] https://stocktwits.com/news-articles/markets/equity/analog-devices-industrial-demand-impresses-wall-street/chsSuuIRdi3