12 Best Future Stocks to Buy Right Now

10. Analog Devices, Inc. (NASDAQ:ADI)

Five-Year EPS Forecast: 29.65%

On May 21, Evercore ISI raised its price target on Analog Devices, Inc. (NASDAQ:ADI) to $474 from $387 and maintained an Outperform rating after the company delivered a quarterly report that exceeded expectations and included improved forward guidance. The firm cited a “beat-and-raise” performance in the April quarter, reflecting stronger-than-anticipated operational execution and reinforcing confidence in the company’s earnings trajectory.

The same day, Baird also raised its price target on Analog Devices, Inc. (NASDAQ:ADI), increasing it to $450 from $365 while maintaining an Outperform rating. The firm updated its model following quarterly results, highlighting power-related products as an emerging growth driver and noting that improving visibility supports continued expansion into 2027, suggesting a favorable long-term demand backdrop for the company’s technology portfolio.

Analog Devices, Inc. (NASDAQ:ADI) is a global semiconductor company that designs and manufactures high-performance analog, mixed-signal, and digital signal processing technologies. Its products bridge the physical and digital worlds by converting real-world signals such as temperature, motion, sound, and light into electrical data that can be processed by intelligent systems, making the company a critical supplier across industrial, automotive, communications, and healthcare markets. It is headquartered in Wilmington, Massachusetts, and was founded in 1965.