Analog Devices stock: TD Cowen raises target to USD 475.00

Published on 10/23/2026 at 16:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analog Devices reports fiscal fourth-quarter results on November 24, 2026. Analog Devices stock costs EUR 346.13 on October 23, 2026 at 4:12 p.m. CEST, while Nasdaq quote was USD 387.36.

Target and reporting date

TD Cowen raised its Analog Devices target from USD 460.00 to USD 475.00 on October 19, 2026.
Fiscal third-quarter revenue reached USD 4.02 billion for the period ended August 1, 2026.
Analog Devices stock cost EUR 346.13 at Lang & Schwarz on October 23, 2026 at 4:12 p.m. CEST.
Analog Devices is scheduled to report fiscal fourth-quarter results on November 24, 2026.

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Analog Devices (ISIN US0326541051) was the subject of a TD Cowen target increase to USD 475.00 from USD 460.00 in a research note dated October 19, 2026, while the firm kept its Buy rating, as MarketBeat reported. Analog Devices reported fiscal third-quarter revenue of USD 4.02 billion for the period ended August 1, 2026, up 39.2 percent from the prior-year period, according to the same report. At Lang & Schwarz, the stock was trading at EUR 346.13 on October 23, 2026 at 4:12 p.m. CEST.

Revenue reached USD 4.02 billion

The latest reported quarter supplied the strongest operating reference point for the company. Analog Devices posted USD 4.02 billion in revenue and USD 2.74 in diluted earnings per share for fiscal third quarter 2026, compared with USD 3.62 billion and USD 2.40 in fiscal second quarter 2026, respectively. Operating margin rose from 38.00 percent to 40.00 percent over those sequential periods.

MarketBeat said the fiscal third-quarter result exceeded consensus revenue of USD 3.92 billion and consensus earnings per share of USD 3.34, with reported earnings per share of USD 3.45 in its results summary. The comparison gives investors two separate markers: growth in reported revenue and a result above the published estimate.

Nasdaq valuation remains the frame

Analog Devices trades on the Nasdaq under ticker ADI. The latest Nasdaq quote available for October 23, 2026 was USD 387.36 at 10:30 a.m. ET, with a market capitalization of USD 187.7 billion and a trailing price-to-earnings ratio of 45.95. Its 52-week Nasdaq range was USD 223.47 to USD 445.91.

Yahoo Finance lists November 24, 2026 as the next earnings date. The company designs analog, mixed-signal and digital signal-processing technologies for industrial, automotive, communications, consumer, aerospace and healthcare applications.

Comparison with peers

Analog Devices: Nasdaq, USD, market capitalization USD 187.7 billion, price-to-earnings ratio 45.95. Texas Instruments: Nasdaq, USD 279.50, market capitalization USD 255.3 billion, down 1.81 percent on October 22, 2026. Microchip Technology: Nasdaq, USD 74.52, market capitalization USD 40.5 billion, down 3.41 percent on October 22, 2026.

Target increase keeps attention on valuation

TD Cowen's USD 475.00 target is 22.62 percent above the USD 387.36 Nasdaq quote from October 23, 2026, calculated from the two same-currency values. That spread places the analyst action alongside a valuation measure that already reflects a 45.95 trailing price-to-earnings ratio.

At Lang & Schwarz, Analog Devices was trading at EUR 346.13 on October 23, 2026 at 4:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Analog Devices stock.