Allegro MicroSystems, Inc.
Allegro MicroSystems, Inc. (ALGM) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
algm · stock forecast · 13 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 13 Wall Street analysts in the past 3 months
Buy
13 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$62.00
Consensus
$52.57
+13.3% upside
Low
$45.00
Median: $53 · Last Close: $46.39
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Consensus Target
$52.57
13.3% upside
High Target
$62
33.6%
Low Target
$45
-3.0%
Current Price
$46.39
as of today
Based on analyst price targets, the ALGM stock price prediction for the next 12 months ranges from $45 to $62. The consensus ALGM price forecast of $52.57 implies 13.3% upside from the current price of $46.39.
Short-Term Price Prediction
BullAlgorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $48.71 | ↑ 5.00% |
1-day model range: $48.24–$49.18. Peak: $49.18 (+5.00%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $39 | -16.1% |
| 2028 | $35 | -24.1% |
| 2029 | $33 | -28.5% |
| 2030 | $32 | -31.0% |
| 2031 | — | -32.4% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
NEUTRAL
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · ALGM · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2026-05-08 | Barclays | Maintains | Overweight→Overweight |
| 2026-05-08 | Evercore ISI Group | Maintains | Outperform→Outperform |
| 2026-05-08 | UBS | Maintains | Buy→Buy |
| 2026-05-08 | Wells Fargo | Maintains | Overweight→Overweight |
| 2026-05-08 | Mizuho | Maintains | Outperform→Outperform |
| 2026-05-07 | Needham | Maintains | Buy→Buy |
| 2026-02-19 | Needham | Maintains | Buy→Buy |
| 2026-02-13 | Morgan Stanley | Upgrade ↑ | Equal Weight→Overweight |
| 2026-02-11 | Wells Fargo | Maintains | Overweight→Overweight |
| 2026-01-30 | Needham | Maintains | Buy→Buy |
Wall Street analysts have recently issued updated ratings on Allegro MicroSystems, Inc. (ALGM) stock. Of the recent 88 rating actions, 3 were upgrades and 0 were downgrades. 13 analysts currently cover ALGM.
Analyst Recommendation Trends
ALGM analyst recommendation trends show increasing buy-side sentiment over the past 6 months. Buy rating actions changed from 2 to 6 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$883M
↓ 28.6% YoY
Revenue Next Year
$1.1B
↑ 19.8% YoY
EPS This Year
$0.53
EPS Next Year
$0.98
↑ 85.4% YoY
EPS ForecastReported vs Estimated
Analysts forecast ALGM EPS of $0.53 for the current fiscal year, based on estimates from 7 analysts. The ALGM revenue forecast is $883M for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The ALGM stock forecast is supported by two independent data sources: analyst consensus ratings from 13 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus ALGM price target is $52.57 (+13.3% upside), with an analyst consensus of Buy.
The ALGM short-term stock prediction for tomorrow is $48.71 (+5.00%). The ALGM stock price prediction for 2027 estimates an average of $39. The ALGM stock prediction for 2030 projects a range of $29–$35.
Allegro MicroSystems, Inc. trades on NASDAQ under the ticker ALGM. The ALGM stock outlook for 2027 is broadly positive, supported by a Buy consensus among 100% of covering analysts.
Frequently asked questions
ALGM forecast · 8 questionsAccording to 13 Wall Street analysts, the average 12-month ALGM price target is $52.57, with a high forecast of $62.00 and a low of $45.00. The median price target is shown in the chart above when available. This implies +13.3% potential upside from the current price of $46.39.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.