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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

Allegro MicroSystems Inc. (ALGM)

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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

22.89

-0.15 (-0.65%)

At close: Jan 14, 2025, 3:59 PM

22.91

0.11%

After-hours Jan 14, 2025, 04:00 PM EST

Allegro MicroSystems Inc. Forecast

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 48.54% from the current stock price of 22.89.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$21	$31.4	$34	$37
Change	-8.26%	37.18%	48.54%	61.64%

AI Analyst Report

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

Updated Oct 31, 2024

Rating	Jun 24	Aug 24	Sep 24	Oct 24	Nov 24	Jan 25
Strong Buy	1	0	0	0	0	0
Buy	0	1	1	1	2	1
Hold	0	0	0	0	1	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	3	1

Financial Forecast this Year

Revenue This Year

715.11M

from 1.05B

-31.9%

from 1.05B

Revenue Next Year

857.33M

from 715.11M

19.9%

from 715.11M

EPS This Year

0.26

from 0.79

-67.1%

from 0.79

EPS Next Year

0.63

from 0.26

142.3%

from 0.26