Roth Capital initiates coverage of Analog Devices at Buy, sets price target at $505

What happened

Roth Capital began covering Analog Devices with a Buy rating and a $505 price target. One report says Roth cited the company’s growing role in AI infrastructure and expected Communications revenue growth in fiscal 2027 and 2028. The company is due to report fourth-quarter fiscal 2026 results on November 24.

Global impact / market context

The rating and price target are Roth’s view, not a promise. The reports may focus attention on Analog Devices’ role in AI infrastructure, but they do not confirm future results or share prices.

What to watch

1. Check Analog Devices’ fourth-quarter fiscal 2026 results, due November 24, for new information about the company.
2. Check whether Communications revenue matches Roth’s expected growth of 43% in fiscal 2027 and 25% in fiscal 2028, because these expectations support its view.
3. Check whether Roth provides more reasons for its rating and price target, since one report gives no explanation.

Affected assets

• Analog Devices

Evidence

• Infoway News — Analog Devices receives Buy rating due to expanding content in AI infrastructure: Roth 2026-11-13T16:16:26+00:00
• Infoway News — Analog Devices Initiated at Buy by Roth Capital 2026-11-13T14:59:00+00:00
• Infoway News — Roth Capital initiates coverage of Analog Devices at Buy, sets price target at $505 2026-11-13T14:48:10+00:00
• Incident timeline — Analog Devices receives Buy rating due to expanding content in AI infrastructure: Roth
• Incident timeline — Analog Devices Initiated at Buy by Roth Capital
• Incident timeline — Roth Capital initiates coverage of Analog Devices at Buy, sets price target at $505