Allegro MicroSystems (ALGM) Stock Forecast, Price Target & Predictions


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ALGM Stock Forecast


Allegro MicroSystems (ALGM) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $45.43, with a high of $51.00 and a low of $38.00. This represents a 45.94% increase from the last price of $31.13.

$20 $27 $34 $41 $48 $55 High: $51 Avg: $45.43 Low: $38 Last Closed Price: $31.13

ALGM Stock Rating


Allegro MicroSystems stock's rating consensus is Buy, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 13 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 13 0 13 Strong Sell Sell Hold Buy Strong Buy

ALGM Price Target Upside V Benchmarks


TypeNameUpside
StockAllegro MicroSystems45.94%
SectorTechnology Stocks 35.74%
IdeaSemiconductor Stocks List 26.92%

Price Target Trends


1M3M12M
# Anlaysts2510
Avg Price Target$45.00$46.20$43.50
Last Closing Price$31.13$31.13$31.13
Upside/Downside44.56%48.41%39.74%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 2639---12
Feb, 26291--12
Jan, 26291--12
Dec, 25291--12
Nov, 25291--12
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 19, 2026Needham$45.00$36.9921.65%44.56%
Feb 19, 2026Jefferies$45.00$38.5916.61%44.56%
Feb 13, 2026Morgan Stanley$51.00$41.8321.92%63.83%
Jan 30, 2026UBS$44.00$38.0915.52%41.34%
Jan 30, 2026Tom O'MalleyBarclays$46.00$37.9821.12%47.77%
Dec 16, 2025Mizuho Securities$38.00$26.7242.22%22.07%
Oct 31, 2025Evercore ISI$49.00$29.9963.39%57.40%
Oct 31, 2025UBS$40.00$29.7034.68%28.49%
Oct 31, 2025Tom O'MalleyBarclays$35.00$30.2715.63%12.43%
Oct 20, 2025UBS$42.00$29.0644.53%34.92%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Feb 19, 2026NeedhamBuyBuyhold
Feb 19, 2026JefferiesBuyBuyhold
Feb 13, 2026Morgan StanleyOverweightupgrade
Jan 30, 2026UBSBuyBuyhold
Jan 30, 2026Cowen & Co.BuyBuyhold
Jan 30, 2026BarclaysOverweightOverweighthold
Jan 29, 2026NeedhamBuyBuyhold
Oct 31, 2025Evercore ISIOutperformOutperformhold
Oct 31, 2025Cowen & Co.BuyBuyhold
Oct 31, 2025BarclaysOverweightOverweighthold

Financial Forecast


EPS Forecast

Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28
Reported$0.09$0.63$0.98$0.79$-0.39---
Avg Forecast$0.44$0.78$1.27$1.32$0.26$0.62$1.11$1.35
High Forecast$0.47$0.84$1.37$1.42$0.27$0.67$2.02$1.45
Low Forecast$0.40$0.71$1.22$1.27$0.24$0.60$-0.27$1.30
Surprise %-79.55%-19.23%-22.83%-40.15%-250.00%---

Revenue Forecast

$500M $650M $800M $950M $1B $1B Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28
Reported$591.21M$768.67M$973.65M$1.05B$725.01M---
Avg Forecast$583.07M$763.57M$969.18M$1.04B$718.19M$856.17M$1.04B$1.14B
High Forecast$613.58M$803.53M$1.03B$1.11B$760.66M$906.80M$1.04B$1.21B
Low Forecast$543.44M$711.68M$939.93M$1.01B$696.51M$830.33M$1.04B$1.11B
Surprise %1.40%0.67%0.46%0.54%0.95%---

Net Income Forecast

$-100M $0 $100M $200M $300M $400M Mar 21 Mar 22 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28
Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28
Reported$17.95M$119.41M$187.36M$152.70M$-73.01M---
Avg Forecast$85.94M$89.92M$247.88M$-25.12M$49.76M$123.45M$96.54M$262.81M
High Forecast$91.78M$107.90M$266.94M$-20.10M$52.02M$130.49M$393.06M$283.02M
Low Forecast$78.34M$71.93M$238.16M$-30.14M$47.50M$116.42M$-52.42M$252.50M
Surprise %-79.11%32.80%-24.42%-707.87%-246.73%---

ALGM Forecast FAQ


Is Allegro MicroSystems stock a buy?

Allegro MicroSystems stock has a consensus rating of Buy, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 13 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Allegro MicroSystems is a favorable investment for most analysts.

What is Allegro MicroSystems's price target?

Allegro MicroSystems's price target, set by 13 Wall Street analysts, averages $45.43 over the next 12 months. The price target range spans from $38 at the low end to $51 at the high end, suggesting a potential 45.94% change from the previous closing price of $31.13.

How does Allegro MicroSystems stock forecast compare to its benchmarks?

Allegro MicroSystems's stock forecast shows a 45.94% upside, outperforming the average forecast for the technology stocks sector (35.74%), leading the semiconductor stocks list (26.92%) investment idea.

What is the breakdown of analyst ratings for Allegro MicroSystems over the past three months?

  • March 2026: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • February 2026: 16.67% Strong Buy, 75.00% Buy, 8.33% Hold, 0% Sell, 0% Strong Sell.
  • January 2026: 16.67% Strong Buy, 75.00% Buy, 8.33% Hold, 0% Sell, 0% Strong Sell.

What is Allegro MicroSystems’s EPS forecast?

Allegro MicroSystems's average annual EPS forecast for its fiscal year ending in March 2026 is $0.62, marking a -258.97% decrease from the reported $-0.39 in 2025. Estimates for the following years are $1.11 in 2027, and $1.35 in 2028.

What is Allegro MicroSystems’s revenue forecast?

Allegro MicroSystems's average annual revenue forecast for its fiscal year ending in March 2026 is $856.17M, reflecting a 18.09% increase from the reported $725.01M in 2025. The forecast for 2027 is $1.04B, and $1.14B for 2028.

What is Allegro MicroSystems’s net income forecast?

Allegro MicroSystems's net income forecast for the fiscal year ending in March 2026 stands at $123.45M, representing a -269.09% decrease from the reported $-73.01M in 2025. Projections indicate $96.54M in 2027, and $262.81M in 2028.