Allegro MicroSystems Inc. (ALGM)

AI Score

Unlock

AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

undefined

undefined%

At close: undefined

22.00

-0.05%

After-hours Dec 13, 2024, 04:00 PM EST

Allegro MicroSystems Inc. Forcast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for ALGM stock have an median target of 34, with a low estimate of 21 and a high estimate of 37. The median target predicts an increase of 54.48% from the current stock price of 22.01.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$21	$31	$34	$37
Change	-4.59%	40.85%	54.48%	68.11%

AI Analyst Report

Needham has reaffirmed a Buy rating on Allegro Mic... Unlock content with Pro Subscription

Updated Oct 31, 2024

Rating	May 24	Jun 24	Aug 24	Sep 24	Oct 24	Nov 24
Strong Buy	0	1	0	0	0	0
Buy	5	0	1	1	1	2
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	1	1	1	1	3

Financial Forecast this Year

Revenue This Year

791.77M

from 1.05B

-24.5%

from 1.05B

Revenue Next Year

1.04B

from 791.77M

31.0%

from 791.77M

EPS This Year

-0.01

from 0.79

98.7%

from 0.79

EPS Next Year

0.7

from -0.01

-6.90K%

from -0.01