Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
21.59
+0.52 (2.47%)
Dec 20, 2024, 4:00 PM EST - Market closed

Allegro MicroSystems Analyst Ratings

Total Analysts
9
Consensus Rating
Strong Buy
Price Target
$30.33
Upside
+40.48%

Ratings History

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Buy
Initiates
$23
Buy Initiates $23 +6.53% Nov 22, 2024
Morgan Stanley
Morgan Stanley
Hold
Initiates
$21
Hold Initiates $21 -2.73% Nov 7, 2024
Barclays
Barclays
Buy
Maintains
$32$25
Buy Maintains $32$25 +15.79% Nov 1, 2024
Needham
Needham
Strong Buy
Maintains
$33$30
Strong Buy Maintains $33$30 +38.95% Oct 31, 2024
UBS
UBS
Strong Buy
Initiates
$33
Strong Buy Initiates $33 +52.85% Sep 3, 2024
Needham
Needham
Strong Buy
Reiterates
$33
Strong Buy Reiterates $33 +52.85% Aug 2, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$32$35
Strong Buy Maintains $32$35 +62.11% Jun 13, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$37
Strong Buy Initiates $37 +71.38% May 13, 2024
Barclays
Barclays
Buy
Maintains
$35$32
Buy Maintains $35$32 +48.22% May 10, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$35$32
Strong Buy Maintains $35$32 +48.22% May 10, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$45$35
Strong Buy Maintains $45$35 +62.11% May 10, 2024
Needham
Needham
Strong Buy
Maintains
$40$33
Strong Buy Maintains $40$33 +52.85% May 10, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Initiates
$36
Buy Initiates $36 +66.74% Apr 16, 2024
Needham
Needham
Strong Buy
Maintains
$44$40
Strong Buy Maintains $44$40 +85.27% Feb 2, 2024
Wolfe Research
Wolfe Research
Buy
Upgrades
$35
Buy Upgrades $35 +62.11% Feb 2, 2024
Needham
Needham
Strong Buy
Maintains
$50$44
Strong Buy Maintains $50$44 +103.80% Nov 3, 2023

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Analyst Star Rankings

Our analyst star rankings are based on these four factors

Success Rate
The percentage of ratings that are profitable.
Average Return
The average percentage return within one year of the rating.
Rating Count
The more ratings the analyst has provided, the higher the score.
Recency
Ratings provided within the past year contribute to a higher score.