ALGM - Allegro Microsystems  - Stock Forecast

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ALGM is currently covered by 7 analysts with an average price target of $32.42. This is a potential upside of $8.27 (34.24%) from yesterday's end of day stock price of $24.15.

Allegro Microsystems 's activity chart (see below) currently has 37 price targets and 59 ratings on display. The stock rating distribution of ALGM is 100% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 62.26% with an average time for these price targets to be met of 167.88 days.

Highest price target for ALGM is $37, Lowest price target is $33, average price target is $32.42.

Most recent stock forecast was given by JOSHUA BUCHALTER from TD COWEN on 13-Jun-2024. First documented stock forecast 23-Nov-2020.

Currently out of the existing stock ratings of ALGM, 38 are a BUY (100%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

35

$6.21 (21.57%)

32

1 months 13 days ago

5/7 (71.43%)

$5.88 (20.19%)

79

Buy

37

$8.21 (28.52%)

35

2 months 13 days ago

8/12 (66.67%)

$9.73 (35.68%)

269

Buy

37

$8.21 (28.52%)

36

2 months 13 days ago

1/4 (25%)

$9.73 (35.68%)

11

Buy

35

$6.21 (21.57%)

48

2 months 16 days ago

12/15 (80%)

$8.24 (30.79%)

261

Buy

33

$4.21 (14.62%)

40

2 months 16 days ago

9/13 (69.23%)

$6.24 (23.32%)

167

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What is ALGM (Allegro Microsystems ) average time for price targets to be met?

On average it took 167.88 days on average for the stock forecasts to be realized with a an average price target met ratio 62.26

Which analyst has the current highest performing score on ALGM (Allegro Microsystems ) with a proven track record?

VIJAY RAKESH

Which analyst has the current lower performing score on ALGM (Allegro Microsystems ) with a proven track record?

CHRIS CASO

Which analyst has the most public recommendations on ALGM (Allegro Microsystems )?

Vijay Rakesh works at MIZUHO and has 21 price targets and 9 ratings on ALGM

Which analyst is the currently most bullish on ALGM (Allegro Microsystems )?

Gary Mobley with highest potential upside - $31.21

Which analyst is the currently most reserved on ALGM (Allegro Microsystems )?

Quinn Bolton with lowest potential downside - $4.21

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