Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
26.98
-0.23 (-0.85%)
At close: Nov 7, 2025, 4:00 PM EST
27.65
+0.67 (2.48%)
After-hours: Nov 7, 2025, 7:13 PM EST
Allegro MicroSystems Stock Forecast
Stock Price Forecast
The 10 analysts that cover Allegro MicroSystems stock have a consensus rating of "Strong Buy" and an average price target of $37.4, which forecasts a 38.62% increase in the stock price over the next year. The lowest target is $23 and the highest is $49.
Price Target: $37.4 (+38.62%)
Analyst Consensus: Strong Buy
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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 3 | 4 | 4 |
| Buy | 4 | 5 | 5 | 4 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $32 → $35 | Strong Buy | Maintains | $32 → $35 | +29.73% | Oct 31, 2025 |
| UBS | UBS | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +48.26% | Oct 31, 2025 |
| Barclays | Barclays | Buy Maintains $30 → $35 | Buy | Maintains | $30 → $35 | +29.73% | Oct 31, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $37 → $49 | Buy | Maintains | $37 → $49 | +81.62% | Oct 31, 2025 |
| UBS | UBS | Strong Buy Maintains $42 → $38 | Strong Buy | Maintains | $42 → $38 | +40.85% | Oct 20, 2025 |
Financial Forecast
Revenue This Year
890.60M
from 725.01M
Increased by 22.84%
Revenue Next Year
1.02B
from 890.60M
Increased by 14.98%
EPS This Year
0.53
from -0.39
EPS Next Year
0.99
from 0.53
Increased by 85.64%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.0B | 1.1B | |
| Avg | 890.6M | 1.0B | |
| Low | 818.9M | 913.4M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.1% | 26.8% | |
| Avg | 22.8% | 15.0% | |
| Low | 12.9% | 2.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.59 | 1.32 | |
| Avg | 0.53 | 0.99 | |
| Low | 0.44 | 0.73 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 149.2% | |
| Avg | - | 85.6% | |
| Low | - | 37.9% |
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.