ALGMALGMTechnology · Semiconductors

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

Last close, 9 Sept 2026
$36
−1.73% on the day

The 12 Wall Street analysts covering Allegro MicroSystems, Inc. hold a median 12-month price target of $55 — +53.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 84 of 100 as at 8 Sept 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$6.8B
Ticker Nerd rank
84 / 100
Median analyst target
$55
Analysts covering
12
Revenue$259.2M+27.5% y/y
Operating income$25.5M
Net income$15.9M
Free cash flow$14.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.0%
1M
−18.1%
YTD
+35.9%
1Y
+15.9%
From 52W high
−48.5%
From 52W low
+57.2%
$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 8 Sept 2026
84 / 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
91
Revisions
88
Issuance
87
Accruals
79
Value
59
Momentum
50
Volatility
47
Quality
44
Size
19

Growth (91): Sales and profits are climbing, and climbing faster than before.

Quality (44): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Size (19): 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$60Oct 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.

Data provided by Twelve Data

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

The green dot is the last close — the median target sits +53.5% from it.

Recent analyst actionsNewest first

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

DateFirmActionRatingTarget
13 Aug 2026BenchmarkInitiatesBuy$60
31 July 2026MizuhoMaintainsOutperform$67$58
31 July 2026MizuhoMaintainsOutperform
31 July 2026Morgan StanleyMaintainsOverweight
31 July 2026Morgan StanleyMaintainsOverweight$51$52
31 July 2026TD CowenMaintainsBuy$66$48
31 July 2026TD CowenMaintainsBuy
30 July 2026NeedhamMaintainsBuy
30 July 2026NeedhamMaintainsBuy$55$57
20 July 2026BarclaysDowngradeEqual-Weight
20 July 2026BarclaysDowngradeEqual-Weight$48
13 July 2026TD CowenMaintainsBuy
13 July 2026TD CowenMaintainsBuy$70$66
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

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.

Performance

ALGM vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Sept 2026, Allegro MicroSystems, Inc. returned +15.9% against +18.5% for the S&P 500, dividends included.

ALGM vs S&P 500, last 12 monthsTotal return, rebased to 100
6080100120140160180200Oct 25Jan 26Apr 26Jul 26ALGMS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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
−2.6%
Analysts raising
8
Analysts cutting
2
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
522.7×

Cheaper than 1% of US stocks

Price / sales
7.2×

Cheaper than 18% of US stocks

Price / book
7.1×

Cheaper than 14% of US stocks

EV / EBITDA
51.7×

Cheaper than 5% of US stocks

Growth & margins
Revenue growth (YoY)
27.5%

Higher than 76% of US stocks

Earnings growth (YoY)
27.5%

Higher than 64% of US stocks

Gross margin
48.5%

Higher than 60% 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.

Key statistics

Allegro MicroSystems, Inc. (ALGM) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Allegro MicroSystems, Inc. has a market value of $6.8B and an enterprise value of $7.0B.

  • Revenue in the twelve months to 30 June 2026: $945.9M. The latest quarter grew 27.5% year on year.

  • Net income over the same four quarters: $14.4M, a 1.5% net margin.

  • Diluted earnings per share, trailing twelve months: $0.06.

  • Free cash flow in the twelve months to 30 June 2026: $87.8M.

  • Shares outstanding: 186.3M.

  • Trailing P/E: 522.7×; forward P/E: 24.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Allegro MicroSystems, Inc. employs 4,250 people $223K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Sept 2026

Data provided by Twelve Data

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.$6.8B
84
SLABSilicon Laboratories, Inc.$7.2B
76
MXLMaxLinear, Inc.$6.0B
78
CRUSCirrus Logic, Inc.$5.7B
86
PIImpinj, Inc.$5.2B
62
RMBSRambus, Inc.$9.4B
58
QRVOQorvo, Inc.$9.6B
99

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

Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally

MarketBeat · 30 Aug 2026positive

MarketBeat highlighted three stocks that balance dependable stability with strong growth potential, describing them as rare firms positioned at the intersection of both qualities. The article presents these names as ready to rally based on that combination of characteristics.

Why it matters — ALGM watchers would care because the article identifies stocks that offer both stability and growth potential, which may include ALGM and could affect how investors view its positioning.

Invesco Small Cap Value Fund Q2 2026 Portfolio Activity

Seeking Alpha · 20 Aug 2026neutral

The Invesco Small Cap Value Fund reported its Q2 2026 portfolio activity, discussing positions in Teleflex, Orion, and MKS. The fund sold its Orion position to fund other opportunities and noted strength in MKS stock driven by AI investment demand.

Why it matters — ALGM watchers may find this relevant as it reflects broader small-cap value fund positioning and sector trends such as AI-driven demand that could affect the semiconductor and industrial space.

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.

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. 84 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ALGM?

As at 8 Sept 2026, Allegro MicroSystems, Inc. ranks 84 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 (91 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 +53.5% from the last close, and Ticker Nerd's factor model ranks Allegro MicroSystems, Inc. 84 out of 100 as at 8 Sept 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 +15.9% over the 12 months to 9 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Allegro MicroSystems, Inc. do?

Allegro MicroSystems, Inc. is a semiconductor company that designs, develops, manufactures, and markets sensor integrated circuits and application-specific power ICs.

What is the latest news on ALGM?

The most recent item we track (MarketBeat, 30 Aug 2026): "Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally". MarketBeat highlighted three stocks that balance dependable stability with strong growth potential, describing them as rare firms positioned at the intersection of both qualities. The article presents these names as ready to rally based on that combination of characteristics.

Company

About Allegro MicroSystems, Inc.

Allegro MicroSystems, Inc. is a semiconductor company that designs, develops, manufactures, and markets sensor integrated circuits and application-specific power ICs. Its products support sensing, motion control, and power management functions in complex electromechanical and power conversion systems. The company’s portfolio includes magnetic sensor ICs for measuring position, speed, and current, as well as motor driver, regulator, power management, LED driver, and isolated gate driver ICs. Allegro MicroSystems serves automotive and industrial customers, where its components are used in systems that require precise sensing and efficient power control. Based in Manchester, New Hampshire, Allegro MicroSystems operates as a specialist supplier within the broader semiconductor market, with a focus on technologies that enable reliable control and monitoring in electrified and automated applications.

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