ALLEGRO MICROSYSTEMS INC (ALGM) Stock Analyst Ratings
USA - NASDAQ:ALGM - US01749D1054 - Common Stock
23.23 USD
+0.02 (+0.09%)
ChartMill assigns a Buy % Consensus number of 83% to ALGM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 37.49. This target is 61.36% above the current price.
ALGM was analyzed by 18 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about ALGM.
In the previous month the buy percentage consensus was at a similar level.
ALGM was analyzed by 18 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2025-10-31 | TD Cowen | Maintains | Buy -> Buy |
| 2025-10-31 | UBS | Maintains | Buy -> Buy |
| 2025-10-31 | Barclays | Maintains | Overweight -> Overweight |
| 2025-10-31 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2025-10-20 | UBS | Maintains | Buy -> Buy |
| 2025-09-05 | B of A Securities | Maintains | Buy -> Buy |
| 2025-08-01 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-08-01 | Barclays | Maintains | Overweight -> Overweight |
| 2025-08-01 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-07-31 | Needham | Maintains | Buy -> Buy |
| 2025-07-16 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-07-10 | B of A Securities | Maintains | Buy -> Action List Buy |
| 2025-07-08 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-07-07 | UBS | Maintains | Buy -> Buy |
| 2025-06-16 | UBS | Maintains | Buy -> Buy |
| 2025-06-16 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-06-16 | B of A Securities | Reiterate | Buy |
| 2025-06-09 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-05-09 | UBS | Maintains | Buy -> Buy |
| 2025-05-09 | Needham | Maintains | Buy -> Buy |
| 2025-05-09 | Barclays | Maintains | Overweight -> Overweight |
| 2025-04-29 | UBS | Maintains | Buy -> Buy |
| 2025-04-22 | Barclays | Maintains | Overweight -> Overweight |
| 2025-03-24 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-02-24 | Needham | Reiterate | Buy -> Buy |
| 2025-02-03 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-01-31 | Needham | Reiterate | Buy -> Buy |
| 2025-01-17 | Barclays | Maintains | Overweight -> Overweight |
| 2025-01-13 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2024-11-22 | Wells Fargo | Initiate | Overweight |
ALLEGRO MICROSYSTEMS INC / ALGM FAQ
What is the price target for ALGM stock?
18 analysts have analysed ALGM and the average price target is 37.49 USD. This implies a price increase of 61.36% is expected in the next year compared to the current price of 23.23.
How do analysts rate ALLEGRO MICROSYSTEMS INC (ALGM)?
The consensus rating for ALLEGRO MICROSYSTEMS INC (ALGM) is 83.3333 / 100 . This indicates that analysts generally have a positive outlook on the stock.