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Allegro MicroSystems - ALGM Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $39.00
  • Forecasted Upside: 35.32%
  • Number of Analysts: 12
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$28.82 As of 12/4/2025 05:00 PM ET
▼ -0.08 (-0.28%)

This chart shows the closing price for ALGM by one month, three months, or twelve months.

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Analyst Price Target for ALGM

Analyst Price Target is $39.00
▲ +35.32% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Allegro MicroSystems in the last 3 months. The average price target is $39.00, with a high forecast of $49.00 and a low forecast of $35.00. The average price target represents a 35.32% upside from the last price of $28.82.

This chart shows the closing price for ALGM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 12 polled investment analysts is to moderate buy stock in Allegro MicroSystems. This rating has held steady since August 2025, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2024
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2025
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2025
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2025
  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
11/4/2025
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/4/2025

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/1/2025Weiss RatingsReiterated RatingSell (E+) ➝ Sell (E+)
11/25/2025Weiss RatingsReiterated RatingSell (E+) ➝ Sell (E+)
11/19/2025Weiss RatingsReiterated RatingSell (E+) ➝ Sell (E+)
11/13/2025Weiss RatingsReiterated RatingSell (E+) ➝ Sell (E+)
10/31/2025CowenReiterated RatingBuy ➝ Buy
10/31/2025UBS GroupBoost TargetBuy ➝ Buy$38.00 ➝ $40.00
10/31/2025BarclaysBoost TargetOverweight ➝ Overweight$30.00 ➝ $35.00
10/31/2025TD CowenBoost TargetBuy ➝ Buy$32.00 ➝ $35.00
10/31/2025Evercore ISIBoost TargetOutperform ➝ Outperform$37.00 ➝ $49.00
10/20/2025UBS GroupLower TargetBuy ➝ Buy$42.00
10/8/2025Weiss RatingsReiterated RatingSell (D) ➝ Sell (D)
9/27/2025Weiss RatingsReiterated RatingSell (D) ➝ Sell (D)
9/5/2025Bank of AmericaLower TargetBuy ➝ Buy$45.00 ➝ $38.00
8/11/2025Zacks ResearchUpgradeHold
8/1/2025MizuhoBoost TargetOutperform ➝ Outperform$37.00 ➝ $40.00
8/1/2025Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$38.00 ➝ $35.00
8/1/2025TD CowenLower TargetBuy$42.00 ➝ $37.00
8/1/2025BarclaysBoost TargetOverweight ➝ Overweight$23.00 ➝ $30.00
7/31/2025Needham & Company LLCBoost TargetBuy ➝ Buy$25.00 ➝ $37.00
7/16/2025Wells Fargo & CompanyReiterated RatingOverweight ➝ Overweight$33.00 ➝ $42.00
7/10/2025Bank of AmericaBoost TargetBuy ➝ Action List Buy$38.00 ➝ $45.00
7/8/2025MizuhoBoost TargetOutperform ➝ Outperform$31.00 ➝ $37.00
7/7/2025UBS GroupBoost TargetBuy ➝ Buy$35.00 ➝ $42.00
6/16/2025UBS GroupBoost TargetBuy ➝ Buy$25.00 ➝ $35.00
6/16/2025Wells Fargo & CompanyReiterated RatingOverweight ➝ Overweight$26.00 ➝ $33.00
6/16/2025Bank of AmericaInitiated CoverageBuy$38.00
6/9/2025Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$23.00 ➝ $25.00
5/9/2025UBS GroupBoost TargetBuy ➝ Buy$22.00 ➝ $25.00
5/9/2025BarclaysBoost TargetOverweight ➝ Overweight$22.00 ➝ $23.00
5/9/2025Needham & Company LLCLower TargetBuy ➝ Buy$30.00 ➝ $25.00
4/29/2025UBS GroupLower TargetBuy ➝ Buy$30.00 ➝ $22.00
4/22/2025BarclaysLower TargetOverweight ➝ Overweight$30.00 ➝ $22.00
3/24/2025MizuhoBoost TargetOutperform ➝ Outperform$28.00 ➝ $31.00
2/24/2025Needham & Company LLCReiterated RatingBuy ➝ Buy$30.00 ➝ $30.00
2/3/2025Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$21.00 ➝ $23.00
1/31/2025Needham & Company LLCReiterated RatingBuy ➝ Buy$30.00 ➝ $30.00
1/17/2025BarclaysBoost TargetOverweight ➝ Overweight$25.00 ➝ $30.00
1/13/2025Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$23.00 ➝ $27.00
11/22/2024Wells Fargo & CompanyInitiated CoverageOverweight$23.00
11/12/2024Loop CapitalInitiated CoverageBuy$30.00
11/7/2024Morgan StanleyInitiated CoverageEqual Weight$21.00
11/1/2024BarclaysLower TargetOverweight ➝ Overweight$32.00 ➝ $25.00
10/31/2024Needham & Company LLCLower TargetBuy ➝ Buy$33.00 ➝ $30.00
10/18/2024MizuhoSet Target$26.00
9/3/2024UBS GroupInitiated CoverageBuy$33.00
8/2/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$33.00 ➝ $33.00
6/13/2024TD CowenBoost TargetBuy ➝ Buy$32.00 ➝ $35.00
5/13/2024Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$37.00
5/10/2024BarclaysLower TargetOverweight ➝ Overweight$35.00 ➝ $32.00
5/10/2024MizuhoLower TargetBuy ➝ Buy$45.00 ➝ $35.00
5/10/2024TD CowenLower TargetBuy ➝ Buy$35.00 ➝ $32.00
5/10/2024Needham & Company LLCLower TargetBuy ➝ Buy$40.00 ➝ $33.00
4/16/2024Evercore ISIInitiated CoverageOutperform$36.00
2/2/2024Needham & Company LLCLower TargetBuy ➝ Buy$44.00 ➝ $40.00
2/2/2024TD CowenBoost TargetOutperform$32.00 ➝ $35.00
2/2/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$35.00
11/3/2023Needham & Company LLCLower TargetBuy ➝ Buy$50.00 ➝ $44.00
10/10/2023Bank of AmericaLower Target$36.00 ➝ $34.00
9/29/2023Bank of AmericaInitiated CoverageNeutral$36.00
8/9/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$50.00
8/2/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$50.00
7/26/2023Wells Fargo & CompanyBoost Target$52.00 ➝ $60.00
7/20/2023MizuhoBoost Target$50.00 ➝ $56.00
7/20/2023BarclaysBoost Target$50.00 ➝ $60.00
7/19/2023Wolfe ResearchInitiated CoverageMarket Perform
5/12/2023MizuhoBoost Target$48.00 ➝ $50.00
3/15/2023Needham & Company LLCBoost TargetBuy$42.00 ➝ $50.00
3/15/2023MizuhoBoost Target$42.00 ➝ $48.00
3/14/2023BarclaysBoost TargetOverweight$44.00 ➝ $50.00
3/9/2023Wells Fargo & CompanyBoost Target$43.00 ➝ $52.00
2/2/2023CowenBoost Target$44.00
2/1/2023Needham & Company LLCBoost TargetBuy$30.00 ➝ $42.00
2/1/2023BarclaysBoost TargetOverweight$32.00 ➝ $44.00
2/1/2023CowenBoost TargetOutperform$38.00 ➝ $44.00
2/1/2023MizuhoBoost TargetBuy$38.00 ➝ $42.00
1/23/2023BarclaysBoost TargetOverweight$26.00 ➝ $32.00
1/20/2023CowenBoost TargetOutperform$30.00 ➝ $38.00
1/9/2023Wells Fargo & CompanyBoost TargetOverweight$30.00 ➝ $35.00
10/28/2022MizuhoLower TargetBuy$42.00 ➝ $38.00
10/27/2022Needham & Company LLCBoost TargetBuy$27.00 ➝ $30.00
7/29/2022Needham & Company LLCBoost TargetBuy$25.00 ➝ $27.00
7/25/2022BarclaysLower TargetOverweight$31.00 ➝ $26.00
7/11/2022Wells Fargo & CompanyLower TargetOverweight$35.00 ➝ $30.00
5/25/2022CowenInitiated CoverageOutperform$30.00
5/25/2022CowenInitiated CoverageOutperform
5/11/2022MizuhoLower Target$44.00 ➝ $42.00
4/25/2022BarclaysLower TargetOverweight$35.00 ➝ $31.00
4/20/2022MizuhoLower TargetBuy$45.00 ➝ $44.00
10/29/2021Credit Suisse GroupBoost TargetOutperform$36.00 ➝ $40.00
10/29/2021Needham & Company LLCBoost TargetBuy$35.00 ➝ $40.00
10/29/2021MizuhoBoost TargetBuy$40.00 ➝ $43.00
10/29/2021BarclaysBoost TargetOverweight$30.00 ➝ $38.00
9/21/2021Wells Fargo & CompanyBoost TargetOverweight$36.00 ➝ $38.00
7/30/2021MizuhoBoost TargetBuy$38.00 ➝ $40.00
6/30/2021William BlairInitiated CoverageOutperform
5/6/2021MizuhoBoost TargetBuy$35.00 ➝ $38.00
2/9/2021Needham & Company LLCBoost TargetBuy$27.00 ➝ $35.00
2/8/2021Credit Suisse GroupBoost TargetOutperform$27.00 ➝ $36.00
2/5/2021MizuhoReiterated RatingBuy$30.00 ➝ $35.00
2/3/2021Wells Fargo & CompanyBoost TargetOverweight$30.00 ➝ $36.00
1/26/2021BarclaysBoost TargetOverweight$28.00 ➝ $38.00
12/28/2020MizuhoBoost TargetBuy$28.00 ➝ $30.00
(Data available from 12/5/2020 forward)

News Sentiment Rating

1.18 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 32 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 4 very negative mentions
Mentions as of
5/9/2025
  • 31 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/8/2025
  • 13 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/8/2025
  • 23 very positive mentions
  • 30 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/7/2025
  • 30 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/6/2025
  • 17 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/6/2025
  • 13 very positive mentions
  • 27 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/5/2025
  • 18 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/5/2025

Current Sentiment

  • 18 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Allegro MicroSystems logo
Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.
Read More

Today's Range

Now: $28.82
Low: $28.27
High: $28.94

50 Day Range

MA: $27.68
Low: $22.80
High: $31.05

52 Week Range

Now: $28.82
Low: $16.38
High: $38.45

Volume

1,602,529 shs

Average Volume

1,569,016 shs

Market Capitalization

$5.34 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.62

Frequently Asked Questions

What sell-side analysts currently cover shares of Allegro MicroSystems?

The following equities research analysts have issued stock ratings on Allegro MicroSystems in the last year: Bank of America Corporation, Barclays PLC, Cowen Inc, Evercore ISI, Mizuho, Morgan Stanley, Needham & Company LLC, TD Cowen, UBS Group AG, Wall Street Zen, Weiss Ratings, Wells Fargo & Company, and Zacks Research.
View the latest analyst ratings for ALGM.

What is the current price target for Allegro MicroSystems?

0 Wall Street analysts have set twelve-month price targets for Allegro MicroSystems in the last year. Their average twelve-month price target is $39.00, suggesting a possible upside of 35.3%. Evercore ISI has the highest price target set, predicting ALGM will reach $49.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $35.00 for Allegro MicroSystems in the next year.
View the latest price targets for ALGM.

What is the current consensus analyst rating for Allegro MicroSystems?

Allegro MicroSystems currently has 1 sell rating, 2 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ALGM.

What other companies compete with Allegro MicroSystems?

Other companies that are similar to Allegro MicroSystems include Analog Devices, Diodes, Lam Research, Lattice Semiconductor and Microchip Technology. Learn More about companies similar to Allegro MicroSystems.

How do I contact Allegro MicroSystems' investor relations team?

The company's listed phone number is 603-626-2300 and its investor relations email address is [email protected]. The official website for Allegro MicroSystems is www.allegromicro.com. Learn More about contacing Allegro MicroSystems investor relations.