Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
41.08
-2.39 (-5.50%)
Apr 28, 2026, 4:00 PM EDT - Market closed

Allegro MicroSystems Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Allegro MicroSystems stock have an average target of 44.27, with a low estimate of 37 and a high estimate of 51. The average target predicts an increase of 7.77% from the current stock price of 41.08.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $37 $44.27 $45 $51
Change -9.93% +7.77% +9.54% +24.15%
* Price targets were last updated on Feb 19, 2026.

Analyst Ratings

The average analyst rating for Allegro MicroSystems stock from 11 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 '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 446666
Buy 554555
Hold 111000
Sell 000000
Strong Sell 000000
Total 101011111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Maintains
$41$45
Strong Buy Maintains $41$45 +9.54% Feb 19, 2026
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$51
Buy Upgrades $51 +24.15% Feb 13, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$45$48
Buy Maintains $45$48 +16.85% Feb 11, 2026
Jefferies
Jefferies
Strong Buy
Maintains
$37$43
Strong Buy Maintains $37$43 +4.67% Jan 30, 2026
UBS
UBS
Strong Buy
Maintains
$40$44
Strong Buy Maintains $40$44 +7.11% Jan 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
900.46M
from 725.01M
Increased by 24.20%
Revenue Next Year
1.06B
from 900.46M
Increased by 17.94%
EPS This Year
0.54
from -0.39
EPS Next Year
0.98
from 0.54
Increased by 81.83%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Mar 26, 2021 Mar 25, 2022 Mar 31, 2023 Mar 29, 2024 Mar 28, 2025 Mar 31, 2026 Mar 31, 2027
Revenue
591.21M768.67M973.65M1.05B725.01M900.46M1.06B
Revenue Growth
-9.06%30.02%26.67%7.78%-30.91%24.20%17.94%
EPS
0.100.620.970.78-0.390.540.98
EPS Growth
-97.30%520.00%56.45%-19.59%--81.83%
Forward PE
-----75.8441.71
No. Analysts -----1515
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 930.8M 1.2B
Avg 900.5M 1.1B
Low 864.3M 977.1M

Revenue Growth

Revenue Growth 20262027202820292030
High
28.4%
32.4%
Avg
24.2%
17.9%
Low
19.2%
8.5%

EPS Forecast

EPS 20262027202820292030
High 0.59 1.29
Avg 0.54 0.98
Low 0.51 0.75

EPS Growth

EPS Growth 20262027202820292030
High -
138.4%
Avg -
81.8%
Low -
39.3%
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.