TD Cowen keeps USD 460 target for Analog Devices stock
Published on 10/08/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- TD Cowen maintained a Buy rating and a USD 460.00 target for Analog Devices on September 8, 2026.
- Analog Devices agreed to acquire Alif Semiconductor for USD 1.35 billion in cash on September 9, 2026.
- Fiscal third-quarter 2026 revenue reached USD 4.02 billion, up 40.00 percent year over year.
- The Lang & Schwarz price was EUR 363.88 on October 8, 2026, down 0.36 percent from the prior close.
Analog Devices (ISIN US0326541051) had a USD 460.00 price target and a Buy rating maintained by TD Cowen on September 8, 2026, according to Investing.com. The stock was trading at EUR 363.88 at Lang & Schwarz on October 8, 2026 at 4:34 p.m. CEST, down 0.36 percent.
Three milestones shape the story
Analog Devices reported USD 3.62 billion in revenue for fiscal second-quarter 2026 on May 20, 2026, with diluted earnings per share of USD 2.40, according to finanzen.net. The company then reported USD 4.02 billion in fiscal third-quarter 2026 revenue on August 19, 2026, while diluted earnings per share reached USD 2.74.
On September 9, 2026, Analog Devices agreed to acquire Alif Semiconductor for USD 1.35 billion in cash, with a possible additional payment of up to USD 200 million, per the company release from Analog Devices. The transaction is expected to close before the end of calendar year 2026.
What does the acquisition add?
Alif brings AI-native microcontrollers and fusion processors for low-latency inference, sensor fusion and on-device processing. Reuters reported on September 9, 2026 that Alif chips were already shipping and had secured consumer and industrial customers.
The operating backdrop is also measurable: fiscal third-quarter revenue rose 40.00 percent year over year to USD 4.02 billion. That growth gives the acquisition a stronger financial context, but the transaction still carries regulatory and integration conditions before completion.
Upcoming reporting dates
The next estimated quarterly report is scheduled for December 1, 2026, followed by an estimated report on February 17, 2027, according to finanzen.net. The December date is the next scheduled reporting event listed for Analog Devices.
Stock trades below prior close
At Lang & Schwarz, Analog Devices stock was trading at EUR 363.88 on October 8, 2026 at 4:34 p.m. CEST, versus the prior close of EUR 365.20 on October 7, 2026, a decline of 0.36 percent. The Nasdaq-listed shares had a USD 223.47 to USD 445.91 52-week range and a market capitalization of USD 198.7 billion as of October 8, 2026.
The further course of trading is shown by the continuously updated real-time quote of Analog Devices stock.
Analog Devices stock at a glance
- Company: Analog Devices, Inc.
- ISIN: US0326541051
- Ticker: ADI
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 8, 2026, 4:34 p.m. CEST): EUR 363.88
- Change versus prior close: minus 0.36 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 365.20
- Market capitalization: USD 198.7 billion (as of October 8, 2026)
- 52-week range: USD 223.47-445.91 (as of October 8, 2026)
- Sector / Industry: Technology / Semiconductors
- Index membership: S&P 500
- Next earnings date: December 1, 2026
Market context: Market report S&P 500.
