Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
24.86
-0.67 (-2.62%)
At close: Mar 28, 2025, 4:00 PM
25.19
+0.33 (1.33%)
After-hours: Mar 28, 2025, 6:37 PM EDT
Allegro MicroSystems Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Allegro MicroSystems stock have an average target of 29.78, with a low estimate of 23 and a high estimate of 36. The average target predicts an increase of 19.79% from the current stock price of 24.86.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Allegro MicroSystems stock from 9 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 4 | 3 |
| Buy | 2 | 4 | 4 | 5 | 4 | 5 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 9 | 9 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $28 → $31 | Buy | Maintains | $28 → $31 | +24.70% | Mar 24, 2025 |
| Needham | Needham | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +20.68% | Feb 24, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $21 → $23 | Hold | Maintains | $21 → $23 | -7.48% | Feb 3, 2025 |
| Needham | Needham | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +20.68% | Jan 31, 2025 |
| Barclays | Barclays | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +20.68% | Jan 17, 2025 |
Financial Forecast
Revenue This Year
731.75M
from 1.05B
Decreased by -30.27%
Revenue Next Year
862.73M
from 731.75M
Increased by 17.90%
EPS This Year
0.23
from 0.78
Decreased by -69.92%
EPS Next Year
0.54
from 0.23
Increased by 131.74%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 755.7M | 992.3M | 1.3B | |
| Avg | 731.8M | 862.7M | 1.0B | |
| Low | 702.0M | 796.8M | 895.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -28.0% | 35.6% | 48.6% | |
| Avg | -30.3% | 17.9% | 20.1% | |
| Low | -33.1% | 8.9% | 3.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 0.25 | 0.74 | 1.58 | |
| Avg | 0.23 | 0.54 | 1.02 | |
| Low | 0.22 | 0.39 | 0.75 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -67.7% | 213.3% | 189.7% | |
| Avg | -69.9% | 131.7% | 87.1% | |
| Low | -72.4% | 67.1% | 38.8% |
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.