TD Cowen raises target for Analog Devices stock to USD 475.00

Published on 10/21/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Reported quarterly revenue reached USD 4.02 billion on July 31, 2026. Analog Devices stock costs EUR 357.88 on October 21, 2026.

Targets and operating scale

TD Cowen raised its Analog Devices target from USD 460.00 to USD 475.00 on October 20, 2026.
Revenue reached USD 4.02 billion for the quarter ended July 31, 2026.
Analog Devices stock traded at EUR 357.88 at 10:39 a.m. CEST at Lang & Schwarz on October 21, 2026.

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Analog Devices stock (ISIN US0326541051) was trading at EUR 357.88 at Lang & Schwarz on October 21, 2026, at 10:39 a.m. CEST. The latest analyst move came from TD Cowen, which raised its price target from USD 460.00 to USD 475.00 in a note dated October 20, 2026, as reported by MarketBeat.

Target rises to USD 475

TD Cowen maintained a buy rating while lifting its target by USD 15.00, or 3.26 percent, from USD 460.00 to USD 475.00. MarketBeat also reported an average analyst target of USD 460.55 and a Moderate Buy consensus, while noting that the company traded with a one-year range of USD 223.47 to USD 445.91 on the Nasdaq.

The target revision followed a strong fiscal third quarter. Analog Devices reported USD 4.02 billion in revenue and USD 1.34 billion in net income for the quarter ended July 31, 2026. Earnings per share reached USD 3.45 against a USD 3.34 consensus estimate, according to Portevo.

What does the latest quarter show?

The revenue figure was 39.20 percent higher than a year earlier, while earnings per share exceeded consensus by USD 0.11. That combination gives the target increase a concrete operating reference, although the USD 445.91 yearly high remains a separate US-dollar benchmark rather than a comparison with the euro quotation.

Three dates frame the stock

On November 25, 2025, Analog Devices reported fiscal first-quarter earnings per share of USD 2.26, compared with a USD 2.23 estimate. On February 18, 2026, the fiscal second-quarter result reached USD 2.46 against a USD 2.31 estimate. On October 20, 2026, TD Cowen raised its target to USD 475.00 from USD 460.00, according to Portevo and MarketBeat.

Next report comes November 24

The next scheduled earnings report is November 24, 2026, according to Portevo. Its listed consensus calls for USD 4.32 billion in revenue and USD 3.88 in earnings per share, setting the next measurable test for the higher analyst target.

Euro quote stays the market anchor

Analog Devices was trading at EUR 357.88 at Lang & Schwarz on October 21, 2026, at 10:39 a.m. CEST. The Nasdaq-listed company has a market capitalization of USD 188.4 billion and a 52-week range of USD 223.47 to USD 445.91.

The further course of trading is shown by the continuously updated real-time quote of Analog Devices stock.