Analog Devices, Inc. (ADI) Fair Value 2026

ADI · Semiconductors ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

9.0 /10

32 fundamental signals · 11 models active

Value Trap Risk

SAFE (6/100)

Quick Summary — As of 2026-08-27, Analog Devices, Inc. (ADI) trades at $374.52, versus a $138.69 median fair value across its 11 active models — 63.0% below the current price. QOC: 9.0/10. Value Trap Risk: 6/100 (SAFE). 11/13 models active. Within that set, the Bayesian DCF component alone returns $138.69.

Key Facts

Ticker
ADI
Price
$374.52
Quality Score
9.0/10
Value Trap Risk
6/100
Models Active
11/13
Last Updated
Strength: Quality Score of 9.0/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Analog Devices, Inc. (ADI) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, Analog Devices, Inc. (ADI) appears overvalued as of : the median of 11 independent fair value estimates is $138.69, 63.0% below the current price of $374.52. Estimates range from $30.77 to $718.82. ADI scores 9.0/10 on fundamental quality and 6/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. ADI’s -63.0% gap is wider than that market norm, and the Semiconductors sector median is -62.5%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Analog Devices, Inc. Stock in 2026? →

What Fair Value Does Each Model Give ADI?

11 Intrinsic Value Models vs. Current Price ($374.52)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $138.69 -63.0%
Intrinsic · High Conviction
 $30.77 -91.8%
Ensemble · Low Conviction
 $135.39 -63.9%
Scenario · High Conviction
 $209.82 -44.0%
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What Is ADI's Fair Value Range?

Spread across 11 independent models · $30.77 to $718.82

CirclFi's 11 active models place Analog Devices, Inc. (ADI) between $30.77 and $718.82 per share, a spread of 496% of the median. The median of that range — $138.69 — is the fair value CirclFi publishes for ADI, against a current price of $374.52.

Low · EPVHigh · Regime Cross
$30.77median $138.69$718.82
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$30.77
Most bullish modelRegime Cross-Sectional$718.82
Model agreement1 bullish · 10 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for ADI. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on ADI, not a CirclFi price target. How each model works →

What Is Analog Devices, Inc. (ADI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Analog Devices, Inc.'s intrinsic value is estimated at $138.69. Trading at its current price of $374.52, the valuation engine raises significant caution: 10 of 11 models flag downside risk, projecting a median implied return of -63.0%. Model dispersion is worth noting: Regime Cross targets $718.82 (+91.9%), versus EPV at $30.77 (-91.8%). This +183.7% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About ADI?

11 of 13 models are currently active for ADI. Of these, 1 model suggests upside while 10 models suggest overvaluation. Taken together, their median fair value for ADI is $138.69 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $138.69 on its own, implying -63.0% downside from the current price. See which stocks rank higher →

How Does ADI Rank in Semiconductors?

Among 71 Semiconductors stocks, ADI ranks #10 by Quality of Company score. CirclFi's QOC score of 9.0/10 evaluates 32 fundamental signals. A score of 9.0 places ADI in the top tier.

See all Most Undervalued Semiconductors Stocks →

Analog Devices, Inc.'s positioning within the Semiconductors segment means that R&D-to-revenue ratio plays an outsized role in fundamental analysis. The sector's unique characteristics — including process node advancement — shape both the opportunity set and risk profile.

Is ADI a Value Trap?

CirclFi's Value Trap algorithm assigns ADI a score of 6/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for Analog Devices, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Analog Devices, Inc. scores 9.0 out of 10 on our 32-signal quality assessment, a strong rating that demonstrates strong fundamentals across the majority of our quality signals. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +183.7% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every ADI valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across ADI's 11 active models, average confidence is 50%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Analog Devices, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Semiconductors Stocks Should You Also Analyze?

11 related Semiconductors stocks with 13-model coverage

MUMicron Technology, Inc.QOC 9.1QCOMQUALCOMM IncorporatedQOC 8.9TSMTaiwan Semiconductor Manufacturing Company LimitedQOC 9.2AMDAdvanced Micro Devices, Inc.QOC 8.7RMBSRambus Inc.QOC 9.4NVECNVE CorporationQOC 8.6POWIPower Integrations, Inc.QOC 7.5LEDSSemiLEDs CorporationQOC 6.6ARMArm Holdings plcQOC 3.1NVDANVIDIA CorporationQOC 10.0AVGOBroadcom Inc.QOC 9.8

Read investment analysis: MU · QCOM · TSM · AMD · RMBS · NVEC · POWI · LEDS · ARM · NVDA · AVGO

Which Other Stocks Have a Similar Quality Score to ADI?

6 companies across all industries closest to ADI’s Quality of Company score of 9.0/10.

WDFCWD-40 CompanyQOC 9.0LXLexinFintech Holdings Ltd.QOC 9.0CAMTCamtek Ltd.QOC 9.0PAYXPaychex, Inc.QOC 8.9BOOTBoot Barn Holdings, Inc.QOC 9.0ISSCInnovative Solutions and Support IncQOC 8.9

Read investment analysis: WDFC · LX · CAMT · PAYX · BOOT · ISSC

Where Does ADI Sit in CirclFi's Semiconductors Rankings?

ADI is ranked against every other Semiconductors stock CirclFi covers in each of these screens.

See all Semiconductors stocks ranked →

What Else Do Investors Ask About Analog Devices, Inc.’s Valuation?

What is Analog Devices, Inc.'s intrinsic value in 2026?

CirclFi puts Analog Devices, Inc. (ADI)'s intrinsic value at $138.69 — the median of 11 independent model estimates as of 2026-08-27, ranging from $30.77 to $718.82. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $138.69 on its own. The Quality of Company score is 9.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is ADI overvalued or undervalued right now?

At $374.52, 1 of 11 active models suggest ADI may be undervalued, while 10 indicate potential overvaluation. The median of all 11 fair value estimates is $138.69, 63.0% below the current price of $374.52 — a consensus view that ADI is overvalued. The assessment depends on which methodology best fits Analog Devices, Inc.'s business model in Semiconductors.

What does a Quality of Company score of 9.0 mean for ADI?

Analog Devices, Inc.'s QOC of 9.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on ADI?

CirclFi analyzes ADI with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 11 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on ADI?

Of the 11 models currently active on ADI, Regime Cross-Sectional is the most bullish at $718.82 per share, and Earnings Power Value (EPV) is the most bearish at $30.77. CirclFi's published fair value for ADI is the median of that range, $138.69, not either extreme. The gap between the two ends equals 496% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is ADI a value trap in 2026?

Analog Devices, Inc.'s Value Trap score is 6/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, Analog Devices, Inc. (ADI) has a median fair value of $138.69 — 63.0% below the current price of $374.52 — as of 2026-08-27.” Source: circlfi.com/stock/ADI/ · Methodology
Primary sources for this ADI valuation
  • Financial statements: Analog Devices, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000006281) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for ADI as of ; valuations recomputed .

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