On September 28, 2026, Evercore ISI Group initiated coverage of ADI Global Distribution (NYSE:ADIG) with an “In-Line” recommendation. The stock closed at $18.54 on the same day, down from $19.55 recorded on September 25, marking an 11.38% decline over the past week, and a 16.15% decrease from $22.11 on August 28.
In its latest earnings report on August 13, 2026, ADI Global Distribution reported revenue of $1,286,000,000 against an estimate of $1,281,120,000, but fell short with an earnings per share (EPS) of 0.079, compared to the expected 0.5355, reflecting an EPS surprise of -85.25%.
As of September 16, 2026, market consensus suggests a mean target price of $30.26 for ADI Global, indicating a potential upside of 63.21%. The overall recommendation breakdown includes 3 strong buy, 4 buy, and 3 hold ratings, with 70% of analysts providing positive recommendations.
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