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Ranked #1379 by analyst upside · 2026-09-09
ALGM
Allegro MicroSystems, Inc.
Technology · Market Cap $7B · P/E 521.0x
ANALYST PRICE TARGET
+50.3%
implied upside to consensus target
Current Price $36.47
Consensus Target $54.82
Bull Target $62.0
Bear Target $48.0
Analysts Covering 11
ANALYST CONSENSUS - BUY
Strong Buy
2
Buy
8
Hold
1
Sell
0
52-Week Low $22.41
52-Week High $71.77
YTD Return +35.5%
FUNDAMENTALS
Market Cap $7B
P/E Ratio (TTM) 521.0x
Forward P/E 24.7x
EPS (TTM) $0.07
PEG Ratio N/A
Dividend Yield N/A
Revenue (TTM) $946M
Profit Margin 1.5%
52-WEEK RANGE
52-Week Low $22.41
52-Week High $71.77
Current Price $36.47
Bear Target $48.0
Bull Target $62.0
● Now $36.47 ● Target $54.82
TRADING DATA
Avg Volume 2.8M
YTD Return +35.5%
Analyst Count 11
Consensus Buy
Upside to Target +50.3%
Last Updated 2026-09-09

ANALYST SUMMARY

Allegro MicroSystems, Inc. (ALGM) is currently trading at $36.47 with a Wall Street consensus price target of $54.82, implying potential upside of 50.3% over the next 12 months. 11 analysts currently cover ALGM, with a consensus rating of Buy - 91% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $62.0, while the most cautious has a target of $48.0.

ALGM operates in the Technology sector with a market capitalisation of $7B. The stock is up 35.5% year-to-date and is currently trading near the lower end of its 52-week range of $22.41 – $71.77.

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RECENT ANALYST CALLS

Upgrade/downgrade history for ALGM, with each firm's 90-day track record across all stocks we track. See full firm rankings →

Benchmark ● Initiated
Buy 2026-08-13 Building track record
Mizuho - Reiterated
Outperform → Outperform 2026-07-31 Building track record
Morgan Stanley - Reiterated
Overweight → Overweight 2026-07-31 Building track record
TD Cowen - Reiterated
Buy → Buy 2026-07-31 Building track record
Needham - Reiterated
Buy → Buy 2026-07-30 20% win rate (5 calls)
Barclays ↓ Downgrade
Overweight → Equal-Weight 2026-07-20 Building track record
TD Cowen - Reiterated
Buy → Buy 2026-07-13 Building track record
Mizuho - Reiterated
Outperform → Outperform 2026-06-29 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
63
out of 100
Coverage depth
19/30
Consensus clarity
22/30
Vote unanimity
20/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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