Allegro MicroSystems (ALGM) Stock Forecast, Price Target & Predictions
ALGM Stock Forecast
Allegro MicroSystems (ALGM) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $42.00, with a high of $42.00 and a low of $42.00. This represents a 36.99% increase from the last price of $30.66.
ALGM Stock Rating
Allegro MicroSystems stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (90.91%), 1 Hold (9.09%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
ALGM Price Target Upside V Benchmarks
| Type | Name | Upside | 
|---|---|---|
| Stock | Allegro MicroSystems | 36.99% | 
| Sector | Technology Stocks | 12.81% | 
| Idea | Semiconductor Stocks List | 9.58% | 
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 | 
| Avg Price Target | $42.00 | $42.00 | $36.00 | 
| Last Closing Price | $30.66 | $30.66 | $30.66 | 
| Upside/Downside | 36.99% | 36.99% | 17.42% | 
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total | 
|---|---|---|---|---|---|---|
| Oct, 25 | 2 | 9 | 1 | - | - | 12 | 
| Sep, 25 | 2 | 9 | 1 | - | - | 12 | 
| Aug, 25 | 2 | 9 | 1 | - | - | 12 | 
| Jul, 25 | 2 | 9 | 2 | - | - | 13 | 
| Jun, 25 | 2 | 8 | 1 | - | - | 11 | 
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price | 
|---|---|---|---|---|---|---|
| Oct 20, 2025 | UBS | $42.00 | $29.06 | 44.53% | 36.99% | |
| Nov 12, 2024 | Gary Mobley | Loop Capital Markets | $30.00 | $20.49 | 46.41% | -2.15% | 
| Oct 18, 2024 | Vijay Rakesh | Mizuho Securities | $26.00 | $20.62 | 26.09% | -15.20% | 
| Sep 03, 2024 | Timothy Arcuri | UBS | $33.00 | $24.53 | 34.53% | 7.63% | 
| Apr 15, 2024 | Mark Lipacis | Evercore ISI | $36.00 | $26.26 | 37.09% | 17.42% | 
| Feb 02, 2024 | Chris Caso | Wolfe Research | $35.00 | $28.66 | 22.12% | 14.16% | 
| Apr 20, 2022 | Mizuho Securities | $44.00 | $24.84 | 77.13% | 43.51% | 
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change | 
|---|---|---|---|---|
| Oct 20, 2025 | UBS | Buy | Buy | hold | 
| Jul 16, 2025 | Wells Fargo | Overweight | Overweight | hold | 
| Jun 16, 2025 | Wells Fargo | Overweight | Overweight | hold | 
| Nov 12, 2024 | Loop Capital Markets | Buy | initialise | |
| Oct 31, 2024 | Jefferies | Buy | Buy | hold | 
| Oct 31, 2024 | Barclays | Overweight | Overweight | hold | 
| Sep 03, 2024 | UBS | Buy | initialise | |
| Aug 02, 2024 | Jefferies | Underperform | Underperform | hold | 
| Jun 13, 2024 | Cowen & Co. | Buy | Buy | hold | 
| Apr 15, 2024 | Evercore ISI | Outperform | initialise | 
Financial Forecast
EPS Forecast
Annual
| Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | Mar 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
Annual
| Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | Mar 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
Annual
| Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | Mar 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% | - | - | - |