The present disclosure provides a massive digital-analog hybrid antenna, a CSI feedback method and a CSI feedback device. The CSI feedback method includes: at an analog precoding matrix selection stage of an analog precoding period, transmitting, by a base station, a precoded downlink reference signal and receiving first-stage CSI and measurement information fed back by a UE on a subframe corresponding to each time offset; selecting, by the base station, a target analog precoding matrix in accordance with performance measurement values of analog precoding matrices corresponding to all P time offsets; and at a target analog precoding matrix using stage of the analog precoding period, transmitting, by the base station, the downlink reference signal precoded by the target analog precoding matrix and receive second-stage CSI fed back by the UE on each predetermined subframe.