01:30 PM EDT, 05/20/2026 (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 increase our 12-month target to $435 from $380 on a P/E of 30x our CY 27 EPS view, above the historical average to reflect ADI's more attractive content growth story. After posting better-than-expected Apr-Q results and guidance, we raise our FY 26 EPS estimate to $12.30 from $11.23 and FY 27's to $14.38 from $12.60. We believe that ADI is capitalizing on explosive growth in AI-driven data centers, with its power and optical solutions expected to be the fastest-growing business again in the Jul-Q. ADI's strategic acquisition of Empower Semiconductor and silicon capacitor technology, which is designed to solve power density bottlenecks for AI accelerators, positions ADI as a key partner to hyperscalers. Secular trends in industrial automation, factory onshoring, and electrification provide a durable growth runway for ADI's most profitable segment. Automotive should see improving content growth from AVs and EVs, insulating it from flat auto unit production and offering greater diversification across a host of end-markets.