What's priced into Analog Devices, Inc.?
What do you have to believe to make money in Analog Devices, Inc. at $375? The stock trades at 44.2x trailing earnings and the Street expects about 30% growth a year. The question is where do we go from here?
Growth down the side, exit multiple across the top, your five-year annualized return in each cell.
The expectations grid · 5-year annualized return
| EPS growth ↓ · Exit multiple → | 22.1x −50% | 33.2x −25% | 44.2x today | 55.3x +25% | 49.6x 5y median |
|---|---|---|---|---|---|
| −15% (decline) | −26% | −20% | −15% | −11% | −13% |
| 0% (no growth) | −13% | −6% | +0% | +5% | +2% |
| 15% (half) | −0% | +8% | +15% | +20% | +17% |
| 30% (Street consensus) | +13% | +22% | +30% | +36% | +33% |
| 37% (beat) | +19% | +29% | +37% | +43% | +40% |
| 44% (big beat) | +26% | +36% | +44% | +51% | +48% |
“Analog Devices has accelerated its revenue growth in every one of the last six quarters, from 22% to 40%.”
From our ADI write-up.
Read the ADI write-up →Method. Trailing diluted EPS of $8.47 (price $374.52 ÷ 44.2x trailing P/E; data from Financial Modeling Prep, August 28, 2026). Exit multiples are anchored to the stock itself: 50% and 25% below today's multiple, today's, 25% above, and its own five-fiscal-year median of 49.6x. Growth rows are anchored to the Street’s forward consensus: a decline at half the center rate, zero, half, the center, 25% above, and 50% above. Cell shading scales with the return, green positive, red negative. Each cell: EPS compounds at the row's rate for five years, the stock is valued at the column's multiple in year five, and the result is the annualized return against today's price. Dividends and buybacks excluded. An illustrative surface, not a forecast and not a call.