12:40 PM EDT, 08/20/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We keep our 12-month target price at $265, shifting to a P/E of 24x our CY 2027 EPS forecast of about $11, near its five-year historical forward average. After posting better-than-expected Jul-Q results, we raise our FY 25 (Oct.) EPS estimate to $7.75 from $7.39 and FY 26's to $9.06 from $8.86. We initiate FY 27's at $10.80. Our higher estimates largely reflect better-than-expected momentum across ADI's industrial end markets, as it appears to be broadening across more markets. Industrial automation, the last area of ADI's industrial portfolio to return to double-digit growth, appears to have among the greatest growth potential given the upside from greater robotics. We expect a sequential decline in autos for Oct-Q, partly reflecting order digestion following a customer pull-in of inventories amid tariff uncertainties, but we nonetheless remain positive about the content growth opportunities. We see upside to our EPS, margin, and growth expectations in the coming months as utilization rebounds.