Allegro MicroSystems, Inc. (ALGM) Stock Forecast
Data as of Aug 1, 2026Technology · Current price $41.80 (+0.75%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Jan 30, 2026 | Tom O'Malley | Barclays | $46.00 | +10.0% |
| Oct 31, 2025 | Tom O'Malley | Barclays | $35.00 | -16.3% |
| Nov 12, 2024 | Gary Mobley | Loop Capital Markets | $30.00 | -28.2% |
| Oct 18, 2024 | Vijay Rakesh | Mizuho Securities | $26.00 | -37.8% |
| Sep 3, 2024 | Timothy Arcuri | UBS | $33.00 | -21.1% |
| Apr 15, 2024 | Mark Lipacis | Evercore ISI | $36.00 | -13.9% |
| Feb 2, 2024 | Chris Caso | Wolfe Research | $35.00 | -16.3% |
Top Analysts Covering ALGM
ALGM vs Sector & Market
| Metric | ALGM | Technology Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.07 | 2.36 | 2.42 |
| Analyst Count | 15 | 14 | 19 |
| Target Upside | +30.6% | +1911.8% | +17.1% |
| P/E Ratio | -576.45 | 38.41 | 43.33 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2027-03-28 | $1.02B | $1.05B | $1.06B | 8 |
| 2027-06-26 | $287M | $290M | $300M | 2 |
| 2027-09-26 | $305M | $308M | $318M | 2 |
| 2027-12-26 | $305M | $308M | $318M | 2 |
| 2028-03-26 | $318M | $322M | $333M | 1 |
| 2028-03-28 | $1.24B | $1.24B | $1.24B | 9 |
| 2028-06-26 | $335M | $338M | $350M | 1 |
| 2028-09-26 | $353M | $357M | $369M | 1 |
| 2028-12-26 | $356M | $360M | $372M | 1 |
| 2029-03-26 | $367M | $371M | $383M | 2 |
| 2029-03-28 | $1.38B | $1.43B | $1.50B | 1 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2027-03-28 | $0.86 | $0.97 | $1.11 | 7 |
| 2027-06-26 | $0.32 | $0.32 | $0.34 | 3 |
| 2027-09-26 | $0.37 | $0.38 | $0.39 | 3 |
| 2027-12-26 | $0.38 | $0.38 | $0.40 | 3 |
| 2028-03-26 | $0.41 | $0.42 | $0.44 | 3 |
| 2028-03-28 | $1.23 | $1.49 | $2.32 | 5 |
| 2028-06-26 | $0.47 | $0.48 | $0.50 | 3 |
| 2028-09-26 | $0.52 | $0.53 | $0.55 | 3 |
| 2028-12-26 | $0.54 | $0.55 | $0.57 | 3 |
| 2029-03-26 | $0.55 | $0.56 | $0.58 | 2 |
| 2029-03-28 | $2.02 | $2.12 | $2.26 | 2 |
Frequently Asked Questions
What is the analyst consensus for ALGM?
The consensus among 15 analysts covering Allegro MicroSystems, Inc. (ALGM) is Buy with an average price target of $54.43.
What is the highest price target for ALGM?
The highest price target for ALGM is $46.00, set by Tom O'Malley at Barclays on 2026-01-30.
What is the lowest price target for ALGM?
The lowest price target for ALGM is $26.00, set by Vijay Rakesh at Mizuho Securities on 2024-10-18.
How many analysts cover ALGM?
15 analysts have issued ratings for Allegro MicroSystems, Inc. in the past 12 months.
Is ALGM a buy or sell right now?
Based on 15 analyst ratings, ALGM has a consensus rating of Buy (2.07/5) with a +30.6% upside to the consensus target of $54.43.
What are the earnings estimates for ALGM?
Analysts estimate ALGM will report EPS of $0.97 for the period ending 2027-03-28, with revenue estimated at $1.05B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.