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Allegro MicroSystems (ALGM) Stock Forecast & Price Target

Allegro MicroSystems (ALGM) Analyst Ratings

Based on 14 analyst ratings
Buy
Strong Buy 36%
Buy 57%
Hold 7%
Sell 0%
Strong Sell 0%

Bulls say

Allegro Microsystems Inc. exhibits a positive financial outlook bolstered by a significant increase in bookings, which reached their highest level in eight quarters with a year-over-year growth of 50% in F3Q25, alongside historically low cancellation rates. The company anticipates a further expansion of margins as it transitions to an asset-light model and expects to gain market share in the automotive and industrial sectors, particularly through its comprehensive solutions involving motor controllers and drivers. Additionally, the improving demand environment, characterized by a book-to-bill ratio consistently above 1:1 and reduced inventory levels among OEMs, positions Allegro favorably for continued growth, especially with the rising adoption of advanced driver-assistance systems (ADAS) and electric vehicles.

Bears say

Allegro Microsystems Inc. is experiencing significant challenges, evident in its projected fourth-quarter revenue guidance of $185.0 million, reflecting a 23.1% year-over-year decline and falling short of both internal and market estimates. Additionally, the company's automotive sales of $130.0 million decreased 8.3% quarter-over-quarter, contributing to the negative outlook, particularly within the E-Mobility segment. Gross margin is anticipated to drop to approximately 47%, considerably lower than expectations, indicating potential pressure on profitability and market competitiveness.

Allegro MicroSystems (ALGM) has been analyzed by 14 analysts, with a consensus rating of Buy. 36% of analysts recommend a Strong Buy, 57% recommend Buy, 7% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Allegro MicroSystems and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Allegro MicroSystems (ALGM) Forecast

Analysts have given Allegro MicroSystems (ALGM) a Buy based on their latest research and market trends.

According to 14 analysts, Allegro MicroSystems (ALGM) has a Buy consensus rating as of Jul 23, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $34.93, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $34.93, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Allegro MicroSystems (ALGM)


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