ALGMALGMTechnology · Semiconductors

ALGM Stock Forecast: Allegro MicroSystems, Inc. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$44
+0.59% on the day

The 12 Wall Street analysts covering Allegro MicroSystems, Inc. hold a median 12-month price target of $55 — +23.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 88 of 100 as at 15 Aug 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$8.3B
Ticker Nerd rank
88 / 100
Median analyst target
$55
Analysts covering
12
Total return, dividends reinvested
1W
+1.4%
1M
−15.2%
YTD
+68.3%
1Y
+42.7%
From 52W high
−36.2%
From 52W low
+94.7%
$23
$70
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ALGM stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Allegro MicroSystems, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
88 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Growth
90
Revisions
90
Issuance
87
Accruals
79
Volatility
65
Momentum
56
Value
56
Quality
46
Size
18

Growth (90): Sales and profits are climbing, and climbing faster than before.

Quality (46): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Size (18): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

ALGM stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ALGM, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$30$40$50$60$70Oct 25Jan 26Apr 26Jul 26ALGMHigh $62Median $55Low $48

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says12 analysts
11 Buy1 Hold0 Sell
Low $48Median $55High $62

The green dot is the last close — the median target sits +23.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
31 July 2026MizuhoMaintainsOutperform$67$58
31 July 2026Morgan StanleyMaintainsOverweight$51$52
31 July 2026TD CowenMaintainsBuy$66$48
30 July 2026NeedhamMaintainsBuy$55$57
20 July 2026BarclaysDowngradeEqual-Weight
20 July 2026BarclaysDowngradeEqual-Weight$48
13 July 2026TD CowenMaintainsBuy$70$66
13 July 2026TD CowenMaintainsBuy
29 June 2026MizuhoMaintainsOutperform
22 June 2026TD CowenMaintainsBuy
8 May 2026BarclaysMaintainsOverweight
8 May 2026Evercore ISI GroupMaintainsOutperform
8 May 2026MizuhoMaintainsOutperform
8 May 2026UBSMaintainsBuy
8 May 2026Wells FargoMaintainsOverweight
7 May 2026NeedhamMaintainsBuy
19 Feb 2026NeedhamMaintainsBuy
13 Feb 2026Morgan StanleyUpgradeOverweight
11 Feb 2026Wells FargoMaintainsOverweight
30 Jan 2026BarclaysMaintainsOverweight

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ALGM appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

ALGM analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+6.6%
Analysts raising
1
Analysts cutting
1
Fundamentals

Allegro MicroSystems, Inc. (ALGM) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
634.1×

Cheaper than 1% of US stocks

Price / sales
8.7×

Cheaper than 16% of US stocks

Price / book
8.6×

Cheaper than 13% of US stocks

EV / EBITDA
62.1×

Cheaper than 4% of US stocks

Growth & margins
Revenue growth (YoY)
27.5%

Higher than 77% of US stocks

Earnings growth (YoY)
27.5%

Higher than 65% of US stocks

Gross margin
48.5%

Higher than 61% of US stocks

Operating margin
9.8%

Higher than 64% of US stocks

Net margin
1.5%

Higher than 51% of US stocks

Returns & dividend
Return on equity
1.5%

Higher than 46% of US stocks

Return on assets
3.0%

Higher than 65% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

ALGM vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSemiconductors
CompanyMarket capTKN rank
ALGMAllegro MicroSystems, Inc.$8.3B
88
MXLMaxLinear, Inc.$7.6B
77
QRVOQorvo, Inc.$9.1B
98
SLABSilicon Laboratories, Inc.$7.2B
79
SWKSSkyworks Solutions, Inc.$10.5B
78
RMBSRambus, Inc.$10.9B
60
CRUSCirrus Logic, Inc.$6.2B
89

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Allegro MicroSystems, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ALGM news & analysis

Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?

Zacks Investment Research · 4 Aug 2026neutral

The article compares Allegro MicroSystems' (ALGM) performance so far this year with that of Fortinet (FTNT) and their broader computer and technology sector. The headline frames the piece around whether ALGM is outperforming other computer and technology stocks this year.

Why it matters — ALGM watchers would care because it shows how the stock is tracking against peers and the sector year-to-date.

ALGM Q1 Earnings Call Highlights AI Data Center Growth

Zacks Investment Research · 31 July 2026positive

Allegro MicroSystems reported in its Q1 earnings call that demand for AI data center solutions is surging, driven by expanding design wins, growing backlog, and increased content opportunities in electrification and automation.

Why it matters — ALGM investors would care because growth in AI data center design wins and backlog signals a meaningful new revenue driver beyond the company's traditional automotive and industrial markets.

ALGM Q1 Earnings Beat Estimates on Data Center Strength

Zacks Investment Research · 31 July 2026positive

Allegro MicroSystems reported fiscal first-quarter 2027 results that beat estimates, driven by record Data Center sales, stronger bookings, and margin gains, leading to 27.5% revenue growth and a robust Q2 outlook.

Why it matters — The strong earnings beat and upbeat guidance, fueled by data-center demand, signal accelerating momentum in a key growth segment for ALGM.

Allegro MicroSystems, Inc. (ALGM) Q1 2027 Earnings Call Transcript

Seeking Alpha · 31 July 2026neutral

Allegro MicroSystems held its Q1 2027 earnings call, and Seeking Alpha published a transcript of the event. The call covered the company's financial results and business outlook for the first quarter of fiscal 2027.

Why it matters — An earnings call transcript provides ALGM watchers with direct insight into management's commentary on financial performance, operational challenges, and strategic direction.

Allegro MicroSystems Q1 Earnings Call Highlights

MarketBeat · 30 July 2026positive

Allegro MicroSystems reported first-quarter fiscal 2027 sales of $259 million and non-GAAP earnings of $0.23 per share, exceeding its guidance range and showing strong increases both sequentially and year over year.

Why it matters — The results surpassed the company's own guidance highs, signaling stronger operational performance driven by product mix, pricing actions, and operating leverage.

FAQ

Frequently asked questions about ALGM stock

What is the ALGM stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Allegro MicroSystems, Inc. have a median 12-month price target of $55, with estimates ranging from $48 to $62. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ALGM stock a buy right now?

Of the 12 analysts covering Allegro MicroSystems, Inc., 11 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Allegro MicroSystems, Inc. 88 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ALGM?

As at 15 Aug 2026, Allegro MicroSystems, Inc. ranks 88 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (90 of 100).

Will ALGM stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +23.9% from the last close, and Ticker Nerd's factor model ranks Allegro MicroSystems, Inc. 88 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ALGM stock forecast for 2030?

No analyst covering Allegro MicroSystems, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ALGM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $48 to $62 over the next 12 months.

How has ALGM stock performed over the past year?

Allegro MicroSystems, Inc. returned +42.7% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Allegro MicroSystems, Inc. do?

Allegro MicroSystems, Inc. is a fabless semiconductor company specializing in power and sensing integrated circuits for motion control and energy-efficient systems.

What is the latest news on ALGM?

The most recent item we track (Zacks Investment Research, 4 Aug 2026): "Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?". The article compares Allegro MicroSystems' (ALGM) performance so far this year with that of Fortinet (FTNT) and their broader computer and technology sector. The headline frames the piece around whether ALGM is outperforming other computer and technology stocks this year.

Company

About Allegro MicroSystems, Inc.

Allegro MicroSystems, Inc. is a fabless semiconductor company specializing in power and sensing integrated circuits for motion control and energy-efficient systems. The company designs, develops, and markets sensor ICs and application-specific analog power ICs that enable precise measurement of motion, speed, position, and current, as well as advanced control of motors and electrical power in complex equipment. Allegro MicroSystems serves primarily automotive and industrial markets, including applications such as electric vehicle powertrains, advanced driver-assistance systems, factory automation, clean energy, data centers, and other high-performance infrastructure. Its portfolio features magnetic sensor ICs, current, position and speed sensors, switch sensors, motor drivers, gate drivers, regulators, LED driver ICs, and high-temperature, high-voltage power management solutions. Headquartered in Manchester, New Hampshire and founded in 1990, Allegro MicroSystems operates globally, supplying semiconductor components that help customers sense, move, and manage power with reliability and efficiency across automotive, industrial, energy, and consumer applications.

CEO Mr. Michael C. Doogue · 4,250 employees · United States · https://www.allegromicro.com