Allegro MicroSystems, Inc. (ALGM)
NASDAQ: ALGM · Real-Time Price · USD
29.23
+0.41 (1.42%)
At close: Dec 5, 2025, 4:00 PM EST
28.87
-0.36 (-1.23%)
After-hours: Dec 5, 2025, 7:41 PM EST
Allegro MicroSystems Stock Forecast
Stock Price Forecast
According to 9 professional analysts, the 12-month price target for Allegro MicroSystems stock ranges from a low of $35 to a high of $49. The average analyst price target of $39 forecasts a 33.42% increase in the stock price over the next year.
Price Target: $39.00 (+33.42%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 31, 2025.
Analyst Ratings
The average analyst rating for Allegro MicroSystems stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 4 | 4 | 4 |
| Buy | 5 | 5 | 4 | 5 | 5 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $32 → $35 | Strong Buy | Maintains | $32 → $35 | +19.74% | Oct 31, 2025 |
| UBS | UBS | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +36.85% | Oct 31, 2025 |
| Barclays | Barclays | Buy Maintains $30 → $35 | Buy | Maintains | $30 → $35 | +19.74% | Oct 31, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $37 → $49 | Buy | Maintains | $37 → $49 | +67.64% | Oct 31, 2025 |
| UBS | UBS | Strong Buy Maintains $42 → $38 | Strong Buy | Maintains | $42 → $38 | +30.00% | Oct 20, 2025 |
Financial Forecast
Revenue This Year
884.61M
from 725.01M
Increased by 22.01%
Revenue Next Year
1.04B
from 884.61M
Increased by 17.57%
EPS This Year
0.54
from -0.39
EPS Next Year
0.99
from 0.54
Increased by 85.28%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 922.9M | 1.2B | |
| Avg | 884.6M | 1.0B | |
| Low | 844.5M | 913.4M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 27.3% | 38.1% | |
| Avg | 22.0% | 17.6% | |
| Low | 16.5% | 3.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.59 | 1.32 | |
| Avg | 0.54 | 0.99 | |
| Low | 0.49 | 0.73 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 147.2% | |
| Avg | - | 85.3% | |
| Low | - | 36.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.