Why Analog Devices, Inc. (ADI) stock moved
Analog Devices, Inc. (ADI) shares fell 3.4% to $349.95 as of September 1, 2026, a moderate decline from the prior close of $362.14. BestStocks flagged the session as a major change for ADI. Below, we break down what changed for ADI, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
ADI fell 3.4% to $349.95
Analog Devices fell 3.36% to $349.98, driven by its ex-dividend date on September 1, 2026 (forward dividend of $4.40 per share), combined with broader market weakness — the S&P 500, Nasdaq, and S&P MidCap 400 all declined roughly 0.9–1.0% on the session (Yahoo Finance). The decline aligns with the mechanical dividend adjustment and sector-wide selling pressure. Dividend payment date and next earnings report; monitor whether ADI stabilizes above recent support levels as broader market sentiment evolves.
What it means for Analog Devices, Inc. investors
For Analog Devices, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Analog Devices, Inc. (ADI) moved +2.63% from $376.83 to $386.73 on 2026-07-22; Analog Devices, Inc. (ADI) moved +2.78% from $372.46 to $382.81 on 2026-07-21. Weighing against that: Negative session, down 3.4%; Analog Devices, Inc. (ADI) moved -2.67% from $390.96 to $380.53 on 2026-07-16. Because peers moved similarly, the shift looks more macro- or sector-driven than a change in ADI's fundamentals. Wall Street's consensus price target sits at $481.25, implying +37.5% upside from $349.95. Over the past 90 days analysts logged 2 upgrades and 0 downgrades. BestStocks rates the overall signal quality low (48/100).
ADI price reaction
ADI last traded at $349.95, down $12.19 (-3.37%) from the previous close of $362.14. The session traded on 0.1× average volume (below avg), so participation was unremarkable. Its technology peer group moved a median -3.5% over the same stretch, leaving ADI essentially in line with peers. Over the past month the stock has ranged between $349.95 and $390.28, and it currently sits about 0% of the way up that band.
Bullish and bearish analyst opinions on Analog Devices, Inc. (ADI)
The consensus analyst price target on Analog Devices, Inc. (ADI) is $481.25, 37.5% above the recent $349.95. Over the past 90 days analysts logged 2 upgrades, 12 maintains, and 0 downgrades. Here is how the bullish and bearish cases on ADI line up.
The bullish case
- Wall Street's consensus price target of $481.25 implies +37.5% upside from $349.95.
- The Street's most bullish target is $675.00 (+92.9%).
- 2 analyst upgrades in the past 90 days, most recently Bernstein to Outperform (2026-08-20).
- Analog Devices, Inc. (ADI) moved +2.63% from $376.83 to $386.73 on 2026-07-22.
The bearish case
- Negative session, down 3.4%.
- Analog Devices, Inc. (ADI) moved -2.67% from $390.96 to $380.53 on 2026-07-16.
- ADI declined 1.21% intraday to $384.26 despite being added to the Zacks Rank #1 (Strong Buy) list on July 2, 2026, alongside inclusion on the Strong Buy income stocks list.
- ADI fell 7.42% intraday to $386.91, continuing a sell-off that started June 23 when the stock dropped 8% despite strong earnings.
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Sep 1, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for ADI
Frequently asked questions about ADI
Why did Analog Devices, Inc. (ADI) stock move?
ADI fell 3.4% to $349.95. The move coincided with the context summarized above, which BestStocks classifies as a sector-wide move, though no single company-specific catalyst was independently confirmed.
How much did ADI stock fall?
ADI lost 3.37% ($12.19) versus the prior close of $362.14, last trading at $349.95 on 0.1× average volume.
What is the analyst price target for ADI?
The consensus analyst price target for ADI is $481.25, about 37.5% above the current $349.95. Over the past 90 days, analysts recorded 2 upgrades, 12 maintains, and 0 downgrades.
Is the ADI move company-specific or sector-wide?
BestStocks classifies it as a sector-wide move: the peer group moved a median -3.5% against ADI's -3.4%. ADI ranks top 4 of 7 peers.
How BestStocks tracks ADI
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared ADI-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for ADI, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 1, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.