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
* 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 '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 6 | 6 | 6 | 6 |
| Buy | 5 | 5 | 4 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 11 | 11 |
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 | Hold → Buy Upgrades $51 | Hold → 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 |
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%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 930.8M | 1.2B | |||
| Avg | 900.5M | 1.1B | |||
| Low | 864.3M | 977.1M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 28.4% | 32.4% | |||
| Avg | 24.2% | 17.9% | |||
| Low | 19.2% | 8.5% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 0.59 | 1.29 | |||
| Avg | 0.54 | 0.98 | |||
| Low | 0.51 | 0.75 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| 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.