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NASDAQ: ALGM
Allegro Microsystems Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for ALGM

Based on 10 analysts offering 12 month price targets for Allegro Microsystems Inc

Min Forecast
$40.00+24.57%
Avg Forecast
$47.10+46.68%
Max Forecast
$60.00+86.86%

Should I buy or sell ALGM stock?

Based on 10 analysts offering ratings for Allegro Microsystems Inc.

Strong Buy
Strong Buy
5 analysts 50%
Buy
4 analysts 40%
Hold
1 analysts 10%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model "Buy" agrees with analyst consensus with a "Strong Buy" rating. Learn More

Be the first to know when Wall Street analysts revise their ALGM stock forecasts and price targets.

ALGM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-10-30
lockedlocked$00.00+00.00%2026-10-30
lockedlocked$00.00+00.00%2026-10-30
lockedlocked$00.00+00.00%2026-10-30
lockedlocked$00.00+00.00%2026-10-30
Needham
Top 1%
100
BuyMaintains$50.00+55.71%2026-10-29
TD Cowen
Bottom 13%
13
Strong BuyMaintains$40.00+24.57%2026-10-19
RBC Capital
Top 27%
74
BuyInitiates Coverage On$50.00+55.71%2026-10-02
Benchmark
Top 7%
94
Strong BuyInitiates Coverage On$60.00+86.86%2026-08-13
Morgan Stanley
Top 1%
100
Strong BuyMaintains$52.00+61.94%2026-07-31Find out why

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Forecast return on equity

Is ALGM forecast to generate an efficient return?

Company
39.18%
Industry
171.67%
Market
160.87%
ALGM's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALGM forecast to generate an efficient return on assets?

Company
27.13%
Industry
114.87%
ALGM is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALGM earnings per share forecast

What is ALGM's earnings per share in the next 3 years based on estimates from 16 analysts?

Avg 1 year Forecast
$1.07+566.06%
Avg 2 year Forecast
$1.58+886.69%
Avg 3 year Forecast
$2.11+1,215.88%
ALGM's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ALGM revenue forecast

What is ALGM's revenue in the next 3 years based on estimates from 16 analysts?

Avg 1 year Forecast
$1.1B+12.54%
Avg 2 year Forecast
$1.3B+32.27%
Avg 3 year Forecast
$1.5B+52.3%
ALGM's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALGM earnings growth forecast

How is ALGM forecast to perform vs Semiconductors companies and vs the US market?

Company
135.96%
Industry
37.45%
Market
32.69%
ALGM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ALGM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ALGM's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ALGM revenue growth forecast

How is ALGM forecast to perform vs Semiconductors companies and vs the US market?

Company
15.04%
Industry
29.86%
Market
12.33%
ALGM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALGM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALGM vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
ALGM$32.11$47.10+46.68%Strong Buy
CRUS$121.75$141.67+16.36%Buy
SIMO$183.65$348.75+89.90%Strong Buy
MXL$59.95$99.17+65.42%Buy
SYNA$117.86$133.50+13.27%Hold
View Top Semiconductor Stocks

Allegro Microsystems Stock Forecast FAQ

Is Allegro Microsystems Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: ALGM) stock is to Strong Buy ALGM stock.

Out of 10 analysts, 5 (50%) are recommending ALGM as a Strong Buy, 4 (40%) are recommending ALGM as a Buy, 1 (10%) are recommending ALGM as a Hold, 0 (0%) are recommending ALGM as a Sell, and 0 (0%) are recommending ALGM as a Strong Sell.

If you're new to stock investing, here's how to buy Allegro Microsystems stock.

What is ALGM's earnings growth forecast for 2027-2029?

(NASDAQ: ALGM) Allegro Microsystems's forecast annual earnings growth rate of 135.96% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 37.45%, and it is also forecast to beat the US market's average forecast earnings growth rate of 32.69%.

Allegro Microsystems's earnings in 2026 is $30,939,000.On average, 16 Wall Street analysts forecast ALGM's earnings for 2027 to be $198,735,308, with the lowest ALGM earnings forecast at $184,581,222, and the highest ALGM earnings forecast at $211,472,121. On average, 16 Wall Street analysts forecast ALGM's earnings for 2028 to be $294,401,268, with the lowest ALGM earnings forecast at $255,668,676, and the highest ALGM earnings forecast at $330,914,708.

In 2029, ALGM is forecast to generate $392,622,049 in earnings, with the lowest earnings forecast at $319,818,949 and the highest earnings forecast at $446,441,145.

What is ALGM's revenue growth forecast for 2027-2029?

(NASDAQ: ALGM) Allegro Microsystems's forecast annual revenue growth rate of 15.04% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 29.86%, and while it is forecast to beat the US market's average forecast revenue growth rate of 12.33%.

Allegro Microsystems's revenue in 2026 is $1,008,524,000.On average, 16 Wall Street analysts forecast ALGM's revenue for 2027 to be $211,658,604,520, with the lowest ALGM revenue forecast at $201,588,503,512, and the highest ALGM revenue forecast at $218,931,455,248. On average, 16 Wall Street analysts forecast ALGM's revenue for 2028 to be $248,768,791,568, with the lowest ALGM revenue forecast at $228,442,106,200, and the highest ALGM revenue forecast at $266,857,676,712.

In 2029, ALGM is forecast to generate $286,438,428,672 in revenue, with the lowest revenue forecast at $255,855,158,944 and the highest revenue forecast at $318,513,565,216.

What is ALGM's forecast return on assets (ROA) for 2027-2029?

(NASDAQ: ALGM) forecast ROA is 27.13%, which is lower than the forecast US Semiconductors industry average of 114.87%.

What is ALGM's Price Target?

According to 10 Wall Street analysts that have issued a 1 year ALGM price target, the average ALGM price target is $47.10, with the highest ALGM stock price forecast at $60.00 and the lowest ALGM stock price forecast at $40.00.

On average, Wall Street analysts predict that Allegro Microsystems's share price could reach $47.10 by Oct 30, 2027. The average Allegro Microsystems stock price prediction forecasts a potential upside of 46.68% from the current ALGM share price of $32.11.

What is ALGM's Earnings Per Share (EPS) forecast for 2027-2029?

(NASDAQ: ALGM) Allegro Microsystems's current Earnings Per Share (EPS) is $0.16. On average, analysts forecast that ALGM's EPS will be $1.07 for 2027, with the lowest EPS forecast at $0.99, and the highest EPS forecast at $1.13. On average, analysts forecast that ALGM's EPS will be $1.58 for 2028, with the lowest EPS forecast at $1.37, and the highest EPS forecast at $1.77. In 2029, ALGM's EPS is forecast to hit $2.11 (min: $1.72, max: $2.39).

What is ALGM's forecast return on equity (ROE) for 2027-2029?

(NASDAQ: ALGM) forecast ROE is 39.18%, which is considered strong.
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