ALGM - Allegro Microsystems  - Stock Forecast

Technology - Sector
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ALGM is currently covered by 9 analysts with an average price target of $24.46. This is a potential upside of $5.23 (27.2%) from yesterday's end of day stock price of $19.23.

Allegro Microsystems 's activity chart (see below) currently has 71 price targets and 76 ratings on display. The stock rating distribution of ALGM is 94.59% BUY and 5.41% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 56.77% with an average time for these price targets to be met of 131 days.

Highest price target for ALGM is $31, Lowest price target is $22, average price target is $28.67.

Most recent stock forecast was given by BLAYNE CURTIS from BARCLAYS on 22-Apr-2025. First documented stock forecast 23-Nov-2020.

Currently out of the existing stock ratings of ALGM, 35 are a BUY (94.59%), 2 are a HOLD (5.41%).

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

$22

$2.88 (15.06%)

$30

6 days ago
(22-Apr-2025)

10/14 (71.43%)

$5.23 (31.19%)

229

Buy

$31

$11.88 (62.13%)

$35

1 months 4 days ago
(24-Mar-2025)

12/17 (70.59%)

$3.81 (14.01%)

261

Buy

$30

$10.88 (56.90%)

$30

2 months 4 days ago
(24-Feb-2025)

9/16 (56.25%)

$3.39 (12.74%)

167

Hold

$23

$3.88 (20.29%)

$21

2 months 25 days ago
(03-Feb-2025)

2/2 (100%)

$0.04 (0.17%)

3

Buy

$23

$3.88 (20.29%)

5 months 6 days ago
(22-Nov-2024)

7/9 (77.78%)

$1.69 (7.93%)

157

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

On average it took 131 days on average for the stock forecasts to be realized with a an average price target met ratio 56.77

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

VIJAY RAKESH

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

Vijay Rakesh works at MIZUHO and has 21 price targets and 14 ratings on ALGM

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

Mark Lipacis with highest potential upside - $16.88

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

Blayne Curtis with lowest potential downside - $2.88

Allegro Microsystems  in the News

Allegro MicroSystems Expands Motor Control and Thermal Management Solutions to Capitalize on Growing e-Mobility and Automation Markets

MANCHESTER, N.H., April 08, 2025 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced three new solutions designed to enhance motor control and thermal management performance in e-mobility and industrial automation applications. These new solutions, the ACS37035 and ACS37630...

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