Allego N.V. (ALLG)
NYSE: ALLG · IEX Real-Time Price · USD
1.200
0.00 (0.00%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Allego Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Allego stock have an average target of 6.50, with a low estimate of 4.00 and a high estimate of 8.00. The average target predicts an increase of 441.67% from the current stock price of 1.20.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 16, 2023.
Analyst Ratings
The average analyst rating for Allego stock from 3 stock analysts 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Reiterates $7.5 | Strong Buy | Reiterates | $7.5 | +525.00% | Aug 16, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +566.67% | Jun 20, 2023 |
| DA Davidson | DA Davidson | Strong Buy Maintains $10 → $7.5 | Strong Buy | Maintains | $10 → $7.5 | +525.00% | May 24, 2023 |
| TD Cowen | TD Cowen | Buy Maintains $7 → $4 | Buy | Maintains | $7 → $4 | +233.33% | May 17, 2023 |
| DA Davidson | DA Davidson | Strong Buy Maintains $12 → $10 | Strong Buy | Maintains | $12 → $10 | +733.33% | Nov 15, 2022 |
Financial Forecast
Revenue This Year
189.14M
from 133.90M
Increased by 41.25%
Revenue Next Year
299.60M
from 189.14M
Increased by 58.40%
EPS This Year
-0.37
from -1.21
EPS Next Year
-0.10
from -0.37
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 204.8M | 326.4M | 426.5M | 626.4M | 634.4M | 708.5M |
| Avg | 189.1M | 299.6M | 413.3M | 570.9M | 616.3M | 688.3M |
| Low | 176.7M | 269.5M | 396.2M | 512.3M | 592.1M | 661.3M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 53.0% | 72.6% | 42.4% | 51.6% | 11.1% | 15.0% |
| Avg | 41.3% | 58.4% | 38.0% | 38.1% | 8.0% | 11.7% |
| Low | 31.9% | 42.5% | 32.2% | 23.9% | 3.7% | 7.3% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | -0.37 | 0.07 | 0.23 | 0.18 |
| Avg | -0.37 | -0.10 | 0.22 | 0.17 |
| Low | -0.37 | -0.25 | 0.22 | 0.16 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | - | - | - | -21.8% |
| Avg | - | - | - | -24.0% |
| Low | - | - | - | -27.0% |
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.