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Allegro MicroSystems (ALGM) Stock Forecast & Price Target

Allegro MicroSystems (ALGM) Analyst Ratings

Based on 9 analyst ratings
Buy
Strong Buy 44%
Buy 44%
Hold 11%
Sell 0%
Strong Sell 0%

Bulls say

Allegro Microsystems has demonstrated significant positive trends in its financials, with a 20% quarter-over-quarter increase in bookings, marking the fifth consecutive rise and reaching two-year highs. Management anticipates that declining customer and distributor inventories, along with an increasing backlog and emerging component shortages, signal the onset of a market up-cycle. Additionally, the company's transition to an asset-lite model is expected to further enhance profit margins, contributing to a favorable financial outlook.

Bears say

Allegro Microsystems has experienced persistent declines in gross margins due to price decreases that have surpassed short-term supplier cost reductions, impacting profitability. Revenue and gross margin estimates have been revised downward, despite minor operational expense cuts only providing slight relief. Additionally, the shifting product mix and underabsorption issues further exacerbate the challenges, leading to a conservative outlook on the company's financial performance.

Allegro MicroSystems (ALGM) has been analyzed by 9 analysts, with a consensus rating of Buy. 44% of analysts recommend a Strong Buy, 44% recommend Buy, 11% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Allegro MicroSystems and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Allegro MicroSystems (ALGM) Forecast

Analysts have given Allegro MicroSystems (ALGM) a Buy based on their latest research and market trends.

According to 9 analysts, Allegro MicroSystems (ALGM) has a Buy consensus rating as of Nov 5, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $39, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $39, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Allegro MicroSystems (ALGM)


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