Analog Devices, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $4.279B FY2025 free cash flow base; 10% annual FCF growth for years 1-5, 6% for years 6-10; 9% discount rate; 3.5% terminal growth; approximately $5.309B net debt; 484.57M shares outstanding.

Reasoning: Analog Devices is benefiting from an AI- and data-center-driven analog/power semiconductor upcycle, but a moderate discount rate and growth path were used to reflect the historical cyclicality of the semiconductor industry rather than extrapolating the current upcycle indefinitely.