Analyst Ratings For Analog Devices
Portfolio Pulse from Benzinga Insights
Analog Devices (NASDAQ:ADI) has been the subject of diverse analyst ratings over the past three months, with 9 analysts offering opinions ranging from bullish to bearish. The average 12-month price target is $205.0, showing a slight increase from the previous target of $201.12. Recent actions by analysts include both raised and lowered ratings and price targets. The company faces challenges with a -16.36% decline in revenue growth, a net margin of 18.35%, and ROE and ROA below industry benchmarks. Despite this, its debt-to-equity ratio is conservative at 0.2.
January 16, 2024 | 5:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Analysts have mixed views on ADI, with recent ratings changes and an average price target increase to $205. The company's financial challenges include a significant revenue decline and below-average profitability metrics, but it has a low debt-to-equity ratio.
The diverse analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on ADI's stock price. The financial challenges may concern investors, but the conservative debt management could provide some stability. The confidence level is not at the maximum due to the mixed nature of the analyst ratings and the current financial challenges faced by the company.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100