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ALGM Stock 12 Month Forecast
Average Price Target
$39.00
▲(36.94% Upside)
Based on 8 Wall Street analysts offering 12 month price targets for Allegro MicroSystems in the last 3 months. The average price target is $39.00 with a high forecast of $49.00 and a low forecast of $34.00. The average price target represents a 36.94% change from the last price of $28.48.
Analysts Offer Insights on Technology Companies: Allegro MicroSystems (NASDAQ: ALGM) and Oxford Instruments (Other OTC: OXINF)We also like ALGM given high exposure to EV/ADAS but lower our PO to $34 (from $38), now on 27x CY27 PE (vs. 30x before).
Analysts Offer Insights on Technology Companies: Allegro MicroSystems (NASDAQ: ALGM) and Oxford Instruments (Other OTC: OXINF)We also like ALGM given high exposure to EV/ADAS but lower our PO to $34 (from $38), now on 27x CY27 PE (vs. 30x before).
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The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ALGM Analyst Recommendation Trends
Rating
Jul 25
Aug 25
Sep 25
Oct 25
Nov 25
Strong Buy
0
0
0
1
1
Buy
21
19
17
18
12
Hold
6
7
8
9
9
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
27
26
25
28
22
In the current month, ALGM has received 13Buy Ratings, 9Hold Ratings, and 0Sell Ratings. ALGM average Analyst price target in the past 3 months is 39.00.
Each month's total comprises the sum of three months' worth of ratings.
ALGM Financial Forecast
ALGM Earnings Forecast
Next quarter’s earnings estimate for ALGM is $0.14 with a range of $0.10 to $0.16. The previous quarter’s EPS was $0.13. ALGM beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.75% of the time in the same period. In the last calendar year ALGM has Performed in-line its overall industry.
Next quarter’s earnings estimate for ALGM is $0.14 with a range of $0.10 to $0.16. The previous quarter’s EPS was $0.13. ALGM beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.75% of the time in the same period. In the last calendar year ALGM has Performed in-line its overall industry.
ALGM Sales Forecast
Next quarter’s sales forecast for ALGM is $220.79M with a range of $219.90M to $225.05M. The previous quarter’s sales results were $214.29M. ALGM beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.26% of the time in the same period. In the last calendar year ALGM has Performed in-line its overall industry.
Next quarter’s sales forecast for ALGM is $220.79M with a range of $219.90M to $225.05M. The previous quarter’s sales results were $214.29M. ALGM beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.26% of the time in the same period. In the last calendar year ALGM has Performed in-line its overall industry.
ALGM Stock Forecast FAQ
What is ALGM’s average 12-month price target, according to analysts?
Based on analyst ratings, Allegro MicroSystems’s 12-month average price target is 39.00.
What is ALGM’s upside potential, based on the analysts’ average price target?
Allegro MicroSystems has 36.94% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ALGM a Buy, Sell or Hold?
Allegro MicroSystems has a consensus rating of Strong Buy which is based on 8 buy ratings, 0 hold ratings and 0 sell ratings.
What is Allegro MicroSystems’s price target?
The average price target for Allegro MicroSystems is 39.00. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $49.00 ,the lowest forecast is $34.00. The average price target represents 36.94% Increase from the current price of $28.48.
What do analysts say about Allegro MicroSystems?
Allegro MicroSystems’s analyst rating consensus is a Strong Buy. This is based on the ratings of 8 Wall Streets Analysts.
How can I buy shares of ALGM?
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