Allegro MicroSystems (ALGM) Stock Forecast & Price Target
Allegro MicroSystems, Inc. price target
| ALGM | |
|---|---|
| Low | $45.00 |
| Average | $54.00 |
| High | $67.00 |
| Upside vs current price | +72.8% |
The average target of $54.00 is +72.8% versus the current ALGM price of $31.25.
Allegro MicroSystems, Inc. analyst ratings
| Rating | Analysts |
|---|---|
| Strong buy | 3 |
| Buy | 8 |
| Hold | 1 |
| Sell | 0 |
| Strong sell | 0 |
| Consensus | Buy |
12 analysts cover ALGM.
Allegro MicroSystems, Inc. EPS and revenue estimates
The estimate table for the Allegro MicroSystems, Inc. keeps 2027 EPS $1.04, 2028 EPS $1.55, and years with fewer than three analysts are not filled in.
| Fiscal year | EPS estimate | Revenue estimate |
|---|---|---|
| 2027 | $1.04 | $1.11B |
| 2028 | $1.55 | $1.31B |
Is Allegro MicroSystems, Inc. a buy or sell?
Of the 12 analysts covering Allegro MicroSystems, Inc., 11 rate it a buy (3 strong buy and 8 buy), 1 rates it a hold, and 0 rate it a sell (0 sell and 0 strong sell).
The ALGM consensus label is Buy, beside 11 buy-side ratings and 0 sell-side ratings.
The average target of $54.00 implies +72.8% versus the current price of $31.25.
the Allegro MicroSystems, Inc. closes with 11 buy-side ratings and 0 on the sell side. The headcount is Buy.
Reading the Allegro MicroSystems, Inc. forecast
Analysts are far apart on ALGM. The published low is $45.00, the average is $54.00, and the high is $67.00.
From today's $31.25 print, the ALGM average target is +72.8% away.
Most of the ALGM coverage agrees: 11 of 12 analysts are on the buy side, 1 is at hold, and 0 are on the sell side, and the published consensus is Buy.
ALGM has both upgrades (0) and downgrades (1) in the recent window.
ALGM targets have eased: $45.00 in the last month against $47.50 over the last quarter.
ALGM coverage is thin at 12 analysts, and one revision moves the average.
Allegro MicroSystems, Inc. forecast questions
What is the ALGM price target?
The published range for ALGM is $45.00 to $67.00, with an average of $54.00. That average is +72.8% versus the current price of $31.25.
Is Allegro MicroSystems, Inc. a buy or sell?
Of the 12 analysts covering Allegro MicroSystems, Inc., 11 rate it a buy, 1 rates it a hold, and 0 rate it a sell. The consensus is Buy, which for ALGM is 11 on the buy side, 1 at hold, and 0 on the sell side.
What is the EPS estimate for Allegro MicroSystems, Inc.?
Analyst EPS estimates for Allegro MicroSystems, Inc.: 2027 $1.04, 2028 $1.55.
What is the revenue estimate for Allegro MicroSystems, Inc.?
Analyst revenue estimates for Allegro MicroSystems, Inc.: 2027 $1.11B, 2028 $1.31B.
How many analysts cover ALGM?
12 analysts cover ALGM. Their consensus on ALGM is Buy, across those 12.