Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
57.89
-2.27 (-3.77%)
At close: Jun 26, 2026, 4:00 PM EDT
57.17
-0.72 (-1.24%)
After-hours: Jun 26, 2026, 7:50 PM EDT
Allegro MicroSystems Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Allegro MicroSystems stock have an average target of 54.9, with a low estimate of 45 and a high estimate of 70. The average target predicts a decrease of -5.16% from the current stock price of 57.89.
Analyst Consensus: Strong Buy
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 9 | 8 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Reiterates $55 → $70 | Buy | Reiterates | $55 → $70 | +20.92% | Jun 22, 2026 |
| Wells Fargo | Wells Fargo | Buy Reiterates $60 → $56 | Buy | Reiterates | $60 → $56 | -3.26% | Jun 9, 2026 |
| UBS | UBS | Buy Maintains $52 → $55 | Buy | Maintains | $52 → $55 | -4.99% | May 8, 2026 |
| Evercore ISI | Evercore ISI | Buy Maintains $49 → $53 | Buy | Maintains | $49 → $53 | -8.45% | May 8, 2026 |
| Barclays | Barclays | Buy Reiterates $46 → $48 | Buy | Reiterates | $46 → $48 | -17.08% | May 8, 2026 |
Financial Forecast
Revenue This Year
1.09B
from 890.10M
Increased by 22.75%
Revenue Next Year
1.24B
from 1.09B
Increased by 13.76%
EPS This Year
1.05
from 0.54
Increased by 94.86%
EPS Next Year
1.47
from 1.05
Increased by 39.97%
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 1.2B | 1.4B | |
| Avg | 1.1B | 1.2B | |
| Low | 1.0B | 1.2B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 39.2% | 25.5% | |
| Avg | 22.7% | 13.8% | |
| Low | 16.8% | 7.5% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 1.36 | 2.07 | |
| Avg | 1.05 | 1.47 | |
| Low | 0.84 | 1.30 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 151.9% | 97.0% | |
| Avg | 94.9% | 40.0% | |
| Low | 55.4% | 23.5% |
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.