Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
25.00
+0.16 (0.64%)
At close: Jan 21, 2025, 4:00 PM
25.23
+0.23 (0.92%)
After-hours: Jan 21, 2025, 6:27 PM EST
Allegro MicroSystems Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for ALGM stock have an average target of 30.5, with a low estimate of 21 and a high estimate of 36. The average target predicts an increase of 22.00% from the current stock price of 25.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ALGM stock from 10 stock analysts 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 5 | 5 | 4 | 4 | 4 |
Buy | 2 | 2 | 2 | 4 | 4 | 5 |
Hold | 1 | 1 | 0 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 8 | 7 | 9 | 9 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Barclays | Barclays | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +20.00% | Jan 17, 2025 |
Wells Fargo | Wells Fargo | Buy Maintains $23 → $27 | Buy | Maintains | $23 → $27 | +8.00% | Jan 13, 2025 |
Wells Fargo | Wells Fargo | Buy Initiates $23 | Buy | Initiates | $23 | -8.00% | Nov 22, 2024 |
Morgan Stanley | Morgan Stanley | Hold Initiates $21 | Hold | Initiates | $21 | -16.00% | Nov 7, 2024 |
Barclays | Barclays | Buy Maintains $32 → $25 | Buy | Maintains | $32 → $25 | n/a | Nov 1, 2024 |
Financial Forecast
Revenue This Year
729.70M
from 1.05B
Decreased by -30.46%
Revenue Next Year
880.25M
from 729.70M
Increased by 20.63%
EPS This Year
0.26
from 0.78
Decreased by -66.29%
EPS Next Year
0.65
from 0.26
Increased by 146.59%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 781.5M | 1.1B | 1.3B | |
Avg | 729.7M | 880.3M | 1.1B | |
Low | 685.3M | 771.2M | 892.8M |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | -25.5% | 46.9% | 46.9% | |
Avg | -30.5% | 20.6% | 23.4% | |
Low | -34.7% | 5.7% | 1.4% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | 0.36 | 1.04 | 1.64 | |
Avg | 0.26 | 0.65 | 1.20 | |
Low | 0.20 | 0.30 | 0.88 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|
High | -54.2% | 295.3% | 152.6% | |
Avg | -66.3% | 146.6% | 84.4% | |
Low | -74.9% | 15.5% | 36.0% |
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.