Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
30.57
+0.47 (1.56%)
At close: Sep 5, 2025, 4:00 PM
30.75
+0.18 (0.59%)
After-hours: Sep 5, 2025, 7:10 PM EDT
Allegro MicroSystems Stock Forecast
Stock Price Forecast
The 8 analysts that cover Allegro MicroSystems stock have a consensus rating of "Strong Buy" and an average price target of $35.88, which forecasts a 17.37% increase in the stock price over the next year. The lowest target is $23 and the highest is $42.
Price Target: $35.88 (+17.37%)
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 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 3 |
| Buy | 4 | 4 | 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 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $45 → $38 | Strong Buy | Maintains | $45 → $38 | +24.30% | Sep 5, 2025 |
| Mizuho | Mizuho | Buy Maintains $37 → $40 | Buy | Maintains | $37 → $40 | +30.85% | Aug 1, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $38 → $35 | Hold | Maintains | $38 → $35 | +14.49% | Aug 1, 2025 |
| Barclays | Barclays | Buy Maintains $23 → $30 | Buy | Maintains | $23 → $30 | -1.86% | Aug 1, 2025 |
| Needham | Needham | Strong Buy Maintains $25 → $37 | Strong Buy | Maintains | $25 → $37 | +21.03% | Jul 31, 2025 |
Financial Forecast
Revenue This Year
872.22M
from 725.01M
Increased by 20.31%
Revenue Next Year
1.03B
from 872.22M
Increased by 18.32%
EPS This Year
0.53
from -0.39
EPS Next Year
1.01
from 0.53
Increased by 88.87%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 923.2M | 1.2B | |
| Avg | 872.2M | 1.0B | |
| Low | 818.9M | 945.7M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 27.3% | 36.1% | |
| Avg | 20.3% | 18.3% | |
| Low | 12.9% | 8.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.62 | 1.45 | |
| Avg | 0.53 | 1.01 | |
| Low | 0.44 | 0.83 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 171.0% | |
| Avg | - | 88.9% | |
| Low | - | 55.8% |
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.