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Allegro MicroSystems (ALGM) Stock Forecast & Price Target

Allegro MicroSystems (ALGM) Analyst Ratings

Based on 7 analyst ratings
Buy
Strong Buy 43%
Buy 43%
Hold 14%
Sell 0%
Strong Sell 0%

Bulls say

Allegro Microsystems is experiencing positive momentum in its financial performance, evidenced by a 20% quarter-over-quarter increase in bookings, marking the fifth consecutive rise and reaching two-year highs. Management indicates that this trend is the onset of an up-cycle, supported by declining customer and distributor inventories, increasing backlogs, and the emergence of select component shortages. Furthermore, the company anticipates margin expansion as it shifts towards an asset-light business model, reinforcing a favorable outlook for its financial future.

Bears say

Allegro Microsystems Inc. has faced ongoing challenges with gross margins (GMs), as price declines have disproportionately impacted revenue while outweighing any cost-saving measures from suppliers in the near term. The company's revenue and gross margin estimates have been revised downward, and only minimal operational expense cuts are partially compensating for these declines. Additionally, a shift in projected price-to-earnings ratios indicates a cautious outlook, reflecting lower earnings per share estimates for the upcoming fiscal year.

Allegro MicroSystems (ALGM) has been analyzed by 7 analysts, with a consensus rating of Buy. 43% of analysts recommend a Strong Buy, 43% recommend Buy, 14% 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 7 analysts, Allegro MicroSystems (ALGM) has a Buy consensus rating as of Oct 14, 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 $37.71, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $37.71, 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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