Allegro MicroSystems, Inc. (ALGM)

NASDAQ: ALGM · IEX Real-Time Price · USD
42.84
+1.62 (3.93%)
At close: Feb 7, 2023, 4:00 PM
42.82
-0.02 (-0.05%)
After-hours: Feb 7, 2023, 7:59 PM EST

Stock Price Forecast

According to 14 stock analysts, the average 12-month stock price forecast for ALGM stock is $32.2, which predicts a decrease of -24.84%. The lowest target is $26.26 and the highest is $39.9. On average, analysts rate ALGM stock as a buy.
Analyst Consensus: Buy
Target Low Average Median High
Price $26.26 $32.2 $30.6 $39.9
Change -38.70% -24.84% -28.57% -6.86%

Analyst Ratings

The average analyst rating for ALGM stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Sep '22Oct '22Nov '22Dec '22Jan '23Feb '23
Strong Buy 444444
Buy 999988
Hold 111222
Sell 000000
Strong Sell 000000
Total 141414151414

Financial Forecast

Revenue This Year
971.35M
from 768.67M
Increased by 26.37%
Revenue Next Year
1.04B
from 971.35M
Increased by 7.27%
EPS This Year
1.21
from 0.62
Increased by 94.83%
EPS Next Year
1.27
from 1.21
Increased by 5.19%
Year 2018201920202021202220232024
Revenue
724.31M650.09M591.21M768.67M971.35M1.04B1.18B
Revenue Growth
-
-10.25%
-9.06%
30.02%
26.37%
7.27%
12.86%
EPS
8.473.700.100.621.211.271.46
EPS Growth
-
-56.32%
-97.30%
520.00%
94.83%
5.19%
15.03%
No. Analysts ----10105

Revenue Forecast

Revenue 202220232024
High 1.0B 1.1B 1.2B
Avg 971.4M 1.0B 1.2B
Low 928.5M 931.0M 1.1B

Revenue Growth

Revenue Growth 202220232024
High
30.6%
15.6%
18.7%
Avg
26.4%
7.3%
12.9%
Low
20.8%
-4.2%
7.1%

EPS Forecast

EPS 202220232024
High 1.25 1.40 1.51
Avg 1.21 1.27 1.46
Low 1.14 1.12 1.39

EPS Growth

EPS Growth 202220232024
High
101.5%
15.6%
19.0%
Avg
94.8%
5.2%
15.0%
Low
83.4%
-7.5%
9.5%
Sources: Price target, rating and forecast data provided by Finnhub and sourced from Wall Street analysts and other sell-side and buy-side analysts and investors. Data disclaimer.