Goldman Sachs initiated coverage of Analog Devices, Inc. (ADI) with a “Buy” rating and a price target of $285, citing cyclical opportunities and bullish outlook for the analog and radio frequency semiconductor sector. The firm expects trendline shipments in the upcoming months and is most bullish on companies with strong supply chains.

Despite uncertain macroeconomic conditions, analyst James Schneider from Goldman Sachs remains confident in Analog Devices, Inc. (ADI) to deliver strong growth, margin generation, and FCF relative to peers due to its solid financial health and competitive differentiation. The company’s commitment to innovation allows it to maintain market presence.

Analog Devices, Inc. (ADI) supports AI with high-precision sensors, signal processing, and low-power chips for data collection and edge computing in AI applications. The company’s focus on innovation and customer success positions it as a leader in the AI-driven Intelligent Edge market, especially in China where competition is growing.

Investment advisor Aristotle Atlantic Partners, LLC highlighted Analog Devices, Inc. (ADI) in its Q1 2025 investor letter, praising the company as a global semiconductor leader solving complex engineering challenges. ADI’s comprehensive product portfolio includes high-performance analog, mixed-signal, and digital signal processing technologies, serving various industries and customers worldwide.

Read more at Yahoo Finance: Goldman Sachs Begins Coverage of Analog Devices (ADI) Stock, Gives Buy