Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
36.61
+1.05 (2.95%)
At close: Sep 4, 2026, 4:00 PM EDT
35.12
-1.49 (-4.07%)
After-hours: Sep 4, 2026, 7:41 PM EDT
Allegro MicroSystems Stock Forecast
Stock Price Forecast
According to 12 analysts polled by S&P Global, Allegro MicroSystems stock has a consensus rating of "Strong Buy" and an average price target of $54.82. The average 1-year stock price forecast is 49.74% higher than the current stock price, while the lowest is $48 (+31.11%) and the highest is $62 (+69.35%).
Price Target: $54.82 (+49.74%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 8 | 8 | 9 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho Securities | Mizuho Securities | Buy Reiterates $58 | Buy | Reiterates | $58 | +58.43% | Aug 25, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $51 → $52 | Buy | Maintains | $51 → $52 | +42.04% | Jul 31, 2026 |
| Barclays | Barclays | Hold Maintains $48 | Hold | Maintains | $48 | +31.11% | Jul 31, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $54 | Buy | Reiterates | $54 | +47.50% | Jul 31, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $66 → $48 | Buy | Maintains | $66 → $48 | +31.11% | Jul 31, 2026 |
Financial Forecast
Revenue This Year
1.09B
from 890.10M
Increased by 22.97%
Revenue Next Year
1.28B
from 1.09B
Increased by 16.90%
EPS This Year
1.02
from 0.54
Increased by 88.50%
EPS Next Year
1.48
from 1.02
Increased by 45.02%
EPS and Forward PE are based on non-GAAP adjusted numbers.