ALLEGRO MICROSYSTEMS INC (ALGM) Forecast, Price Target & Analyst Ratings

NASDAQ:ALGM • US01749D1054

Current stock price

31.52 USD
-0.54 (-1.68%)
At close:
31.5 USD
-0.02 (-0.06%)
Pre-Market:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ALLEGRO MICROSYSTEMS INC (ALGM).

Forecast Snapshot

Consensus Price Target

Price Target
$46.75
+ 48.32% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q4 / 2026
EPS Estimate
$0.17
Revenue Estimate
240.7M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
84.44%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$46.75
Upside
+ 48.32%
From current price of $31.52 to mean target of $46.75, Based on 18 analyst forecasts
Low
$42.42
Median
$45.90
High
$53.55

Price Target Revisions

1 Month
3.38%
3 Months
18.79%

Price Target Summary

18 Wall Street analysts provided a forecast for the next 12 months for ALGM. The average price target is 46.75 USD. This implies a price increase of 48.32% is expected in the next year compared to the current price of 31.52.
The average price target has been revised upward by 18.79% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ALGM Current Analyst RatingALGM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

ALGM Historical Analyst RatingsALGM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
84.44%
ALGM was analyzed by 18 analysts. The buy percentage consensus is at 84. 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 should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-19NeedhamMaintains Buy -> Buy
2026-02-13Morgan StanleyUpgrade Equal-Weight -> Overweight
2026-02-11Wells FargoMaintains Overweight -> Overweight
2026-01-30TD CowenMaintains Buy -> Buy
2026-01-30UBSMaintains Buy -> Buy
2026-01-30NeedhamMaintains Buy -> Buy
2026-01-30BarclaysMaintains Overweight -> Overweight
2026-01-30Wells FargoMaintains Overweight -> Overweight
2026-01-30Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-01-30JefferiesMaintains Buy -> Buy
2026-01-21B of A SecuritiesMaintains Buy -> Buy
2025-10-31TD CowenMaintains Buy -> Buy
2025-10-31UBSMaintains Buy -> Buy
2025-10-31BarclaysMaintains Overweight -> Overweight
2025-10-31Evercore ISI GroupMaintains Outperform -> Outperform
2025-10-20UBSMaintains Buy -> Buy
2025-09-05B of A SecuritiesMaintains Buy -> Buy
2025-08-01MizuhoMaintains Outperform -> Outperform
2025-08-01BarclaysMaintains Overweight -> Overweight
2025-08-01Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-07-31NeedhamMaintains Buy -> Buy
2025-07-16Wells FargoMaintains Overweight -> Overweight
2025-07-10B of A SecuritiesMaintains Buy -> Action List Buy
2025-07-08MizuhoMaintains Outperform -> Outperform
2025-07-07UBSMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q4 / 2026
EPS Estimate
$0.17
Revenue Estimate
240.7M
Revenue Q2Q
24.83%
EPS Q2Q
183.48%
Number of Analysts
14

Next Earnings Revisions

Revenue (1 Month)
0.18%
Revenue (3 Months)
3.61%
EPS (1 Month)
2.24%
EPS (3 Months)
0.15%

Next Earnings Summary

ALGM is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 0.17 USD and the consensus revenue estimate is 240.70M USD.
The next earnings revenue estimate has been revised upward by 3.61% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
ALGM revenue by date.ALGM revenue by date.
973.7M
26.67%		1.049B
7.77%		725.006M
-30.91%		900.46M
24.20%		1.062B
17.94%		1.262B
18.83%		1.455B
15.29%		1.574B
8.18%
EBITDA
YoY % growth
ALGM ebitda by date.ALGM ebitda by date.
254.1M
37.20%		289.073M
13.76%		45.422M
-84.29%		167.07M
267.82%		271.27M
62.37%		410.36M
51.27%		525.1M
27.96%		546.11M
4.00%
EBIT
YoY % growth
ALGM ebit by date.ALGM ebit by date.
203.3M
48.72%		217.691M
7.08%		-19.08M
-108.76%		129.91M
780.87%		210.94M
62.37%		314.28M
48.99%		469.4M
49.36%		487.97M
3.96%
Operating Margin
ALGM operating margin by date.ALGM operating margin by date.
20.88%20.74%-2.63%14.43%19.86%24.90%32.26%31.00%
EPS
YoY % growth
ALGM eps by date.ALGM eps by date.
1.27
62.82%		1.36
7.09%		0.24
-82.35%		0.54
125.71%		0.98
81.83%		1.54
56.56%		2.16
40.22%		2.25
4.25%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.17
183.48%		0.21
128.74%		0.25
92.03%		0.25
69.38%		0.29
68.73%		0.35
71.35%		0.42
66.91%		0.41
59.58%		0.43
48.92%
Revenue
Q2Q % growth		240.7M
24.83%		251.26M
23.53%		259.26M
20.98%		261.64M
14.15%		274.31M
13.96%		298.93M
18.97%		319.14M
23.10%		315.71M
20.67%		325.08M
18.51%
EBITDA
Q2Q % growth		52.75M
1.39%		57.404M
325.97%		70.078M
79.37%		76.653M
29.04%		78.502M
48.82%		87.883M
53.10%		101.67M
45.08%		99.198M
29.41%		107.08M
36.40%
EBIT
Q2Q % growth		38.449M
408.18%		45.863M
1,773.83%		53.962M
764.36%		54.825M
472.64%		60.148M
56.44%		76.511M
66.83%		87.07M
61.35%		87.355M
59.33%		90.296M
50.12%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ALGM Yearly Revenue VS EstimatesALGM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B
ALGM Yearly EPS VS EstimatesALGM Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
85.91%
EPS Next 5 Year
56.52%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
19.92%
Revenue Next 5 Year
16.55%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
89.56%
EBIT Next 5 Year
55.41%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ALLEGRO MICROSYSTEMS INC / ALGM Forecast FAQ

What is the price target for ALGM stock?

18 analysts have analysed ALGM and the average price target is 46.75 USD. This implies a price increase of 48.32% is expected in the next year compared to the current price of 31.52.

What is the next earnings date for ALGM stock?

ALLEGRO MICROSYSTEMS INC (ALGM) will report earnings on 2026-05-06, after the market close.

What are the consensus estimates for ALGM stock next earnings?

The consensus EPS estimate for the next earnings of ALLEGRO MICROSYSTEMS INC (ALGM) is 0.17 USD and the consensus revenue estimate is 240.70M USD.

What is the expected long term growth rate for ALLEGRO MICROSYSTEMS INC (ALGM)?

The expected long term growth rate for ALLEGRO MICROSYSTEMS INC (ALGM) is 19.92%.