Allegro MicroSystems Stock Forecast

Stock Price Forecast

The 11 analysts that cover Allegro MicroSystems stock have a consensus rating of "Strong Buy" and an average price target of $44.27, which forecasts a 38.21% increase in the stock price over the next year. The lowest target is $37 and the highest is $51.

Price Target: $44.27 (+38.21%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$37	$44.27	$45	$51
Change	+15.52%	+38.21%	+40.49%	+59.23%

* Price targets were last updated on Feb 19, 2026.

Analyst Ratings

The average analyst rating for Allegro MicroSystems stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	4	4	4	6	6	6
Buy	5	5	5	4	5	5
Hold	1	1	1	1	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
N. Quinn Bolton Needham	Needham	Strong Buy Maintains $41 → $45	Strong Buy	Maintains	$41 → $45	+40.49%	Feb 19, 2026
Joseph Moore Morgan Stanley	Morgan Stanley	Hold → Buy Upgrades $51	Hold → Buy	Upgrades	$51	+59.23%	Feb 13, 2026
Joseph Quatrochi Wells Fargo	Wells Fargo	Buy Maintains $45 → $48	Buy	Maintains	$45 → $48	+49.86%	Feb 11, 2026
Blayne Curtis Jefferies	Jefferies	Strong Buy Maintains $37 → $43	Strong Buy	Maintains	$37 → $43	+34.25%	Jan 30, 2026
Timothy Arcuri UBS	UBS	Strong Buy Maintains $40 → $44	Strong Buy	Maintains	$40 → $44	+37.37%	Jan 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

900.46M

from 725.01M

24.20%

from 725.01M

Revenue Next Year

1.06B

from 900.46M

17.94%

from 900.46M

EPS This Year

0.54

from -0.39

EPS Next Year

0.98

from 0.54

81.83%

from 0.54

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 26, 2021	Mar 25, 2022	Mar 31, 2023	Mar 29, 2024	Mar 28, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	591.21M	768.67M	973.65M	1.05B	725.01M	900.46M	1.06B
Revenue Growth	-9.06%	30.02%	26.67%	7.78%	-30.91%	24.20%	17.94%
EPS	0.10	0.62	0.97	0.78	-0.39	0.54	0.98
EPS Growth	-97.30%	520.00%	56.45%	-19.59%	-	-	81.83%
Forward PE	-	-	-	-	-	59.13	32.52
No. Analysts	-	-	-	-	-	14	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	930.8M	1.2B
Avg	900.5M	1.1B
Low	864.3M	977.1M

Revenue Growth

Revenue Growth	2026	2027
High	28.4%	32.4%
Avg	24.2%	17.9%
Low	19.2%	8.5%

EPS Forecast

EPS	2026	2027
High	0.59	1.29
Avg	0.54	0.98
Low	0.51	0.75

EPS Growth

EPS Growth	2026	2027
High	-	138.4%
Avg	-	81.8%
Low	-	39.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.