Allegro MicroSystems, Inc. (ALGM)

Allegro MicroSystems Stock Forecast

Stock Price Forecast

The 9 analysts that cover Allegro MicroSystems stock have a consensus rating of "Strong Buy" and an average price target of $39, which forecasts a 34.02% increase in the stock price over the next year. The lowest target is $35 and the highest is $49.

Price Target: $39 (+34.02%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$35	$39	$38	$49
Change	+20.27%	+34.02%	+30.58%	+68.38%

* Price targets were last updated on Oct 31, 2025.

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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	2	3	4	4	4
Buy	5	5	4	5	5	4
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	10	10	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joshua Buchalter TD Cowen	TD Cowen	Strong Buy Maintains $32 → $35	Strong Buy	Maintains	$32 → $35	+20.27%	Oct 31, 2025
Timothy Arcuri UBS	UBS	Strong Buy Maintains $38 → $40	Strong Buy	Maintains	$38 → $40	+37.46%	Oct 31, 2025
Blayne Curtis Barclays	Barclays	Buy Maintains $30 → $35	Buy	Maintains	$30 → $35	+20.27%	Oct 31, 2025
Mark Lipacis Evercore ISI Group	Evercore ISI Group	Buy Maintains $37 → $49	Buy	Maintains	$37 → $49	+68.38%	Oct 31, 2025
Timothy Arcuri UBS	UBS	Strong Buy Maintains $42 → $38	Strong Buy	Maintains	$42 → $38	+30.58%	Oct 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

884.61M

Increased by 22.01%

from 725.01M

Revenue Next Year

1.04B

Increased by 17.57%

from 884.61M

EPS This Year

0.54

from -0.39

EPS Next Year

0.99

Increased by 85.28%

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	884.61M	1.04B
Revenue Growth	-9.06%	30.02%	26.67%	7.78%	-30.91%	22.01%	17.57%
EPS	0.10	0.62	0.97	0.78	-0.39	0.54	0.99
EPS Growth	-97.30%	520.00%	56.45%	-19.59%	-	-	85.28%
Forward PE	-	-	-	-	-	54.37	29.34
No. Analysts	-	-	-	-	-	14	14

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

Revenue Forecast

Revenue	2026	2027	2028
High	922.9M	1.2B
Avg	884.6M	1.0B
Low	844.5M	913.4M

Revenue Growth

Revenue Growth	2026	2027	2028
High	27.3%	38.1%
Avg	22.0%	17.6%
Low	16.5%	3.3%

EPS Forecast

EPS	2026	2027	2028
High	0.59	1.32
Avg	0.54	0.99
Low	0.49	0.73

EPS Growth

EPS Growth	2026	2027	2028
High	-	147.2%
Avg	-	85.3%
Low	-	36.8%

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.