Why Analog Devices, Inc. (ADI) stock moved
Analog Devices, Inc. (ADI) shares fell 0.8% to $372.46 as of July 21, 2026, a slight decline from the prior close of $375.36. BestStocks flagged the session as a major change for ADI. No single company-specific catalyst was confirmed, so the move reads as a company-specific move. 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 0.8% to $372.46
Analog Devices, Inc. (ADI) moved -2.67% from $390.96 to $380.53 on 2026-07-16. We checked news, earnings, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move appears to be part of a sector-wide decline: eight semiconductor peers fell an average of -6.72%, with AVGO down -3.77%, NVDA down -2.08%, AMD down -8.61%, and QCOM down -4.17%. ADI outperformed its peer group by 4.1 percentage points. Volume was modestly elevated at 1.3x the 5-day average. Monitor for semiconductor sector catalysts (earnings, guidance, or macroeconomic data) that may affect the sector-wide momentum.
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 +3.09% from $377.16 to $388.83 on 2026-07-06. Weighing against that: Negative session, down 0.8%; Analog Devices, Inc. (ADI) moved -2.67% from $390.96 to $380.53 on 2026-07-16. Because the move outpaced peers, it looks driven by ADI-specific developments rather than a broad sector rotation. Wall Street's consensus price target sits at $454.76, implying +22.1% upside from $372.46. BestStocks rates the overall signal quality weak (0/100). With earnings roughly 29 days out, the next report is the most likely near-term test of the move.
ADI price reaction
ADI last traded at $372.46, down $2.90 (-0.77%) from the previous close of $375.36. The session traded on 0.6× average volume (below avg), so participation was unremarkable. Its technology peer group moved a median +1.6% over the same stretch, leaving ADI behind the group by 2.3 points. Over the past month the stock has ranged between $372.46 and $445.48, 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 $454.76, 22.1% above the recent $372.46. Over the past 90 days analysts logged 0 upgrades, 20 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 $454.76 implies +22.1% upside from $372.46.
- The Street's most bullish target is $550.00 (+47.7%).
- Analog Devices, Inc. (ADI) moved +3.09% from $377.16 to $388.83 on 2026-07-06.
The bearish case
- The most bearish analyst target is $360.00 (-3.3%).
- Negative session, down 0.8%.
- Analog Devices, Inc. (ADI) moved -2.67% from $390.96 to $380.53 on 2026-07-16.
- ADI declined 1.15% to $372.84 intraday, despite a July 6 report citing strong earnings results and optimistic guidance tied to AI chip demand (Yahoo Finance).
- 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.
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 Jul 21, 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 0.8% to $372.46. No single company-specific catalyst was confirmed during the move window, and it looks like a company-specific move.
How much did ADI stock fall?
ADI lost 0.77% ($2.90) versus the prior close of $375.36, last trading at $372.46 on 0.6× average volume.
When is Analog Devices, Inc.'s next earnings date?
ADI's next earnings report is estimated for 2026-08-19 — about 29 days away.
What is the analyst price target for ADI?
The consensus analyst price target for ADI is $454.76, about 22.1% above the current $372.46. Over the past 90 days, analysts recorded 0 upgrades, 20 maintains, and 0 downgrades.
Is the ADI move company-specific or sector-wide?
BestStocks classifies it as a company-specific move: the peer group moved a median +1.6% against ADI's -0.8%. ADI ranks top 6 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 12 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 July 21, 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.