What is the analyst consensus rating for ALGM?

The analyst consensus rating for ALGM is "Buy" based on 13 analyst recommendations.

What is the average price target for ALGM?

The average 12-month price target for ALGM is $45.00, representing an upside of 38.0% from the current price of $32.60.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Allegro MicroSystems, Inc. (ALGM) Forecast: Analyst Ratings & Targets

Latest ALGM Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Feb 19, 2026	N. Quinn Bolton	Needham	Maintains	Strong Buy	$41.00 → $45.00 +4.00 (9.8%)
Feb 18, 2026	Google Semiconductors	TipRanks - Google	Reiterates	Buy	$47.00 → $46.00 -1.00 (-2.1%)
Feb 18, 2026	PerPlexity Semiconductors	TipRanks - PerPlexity	Reiterates	Hold	$46.00 → $45.00 -1.00 (-2.2%)
Feb 18, 2026	Vijay Rakesh	Mizuho	Reiterates	Buy	$44.00
Feb 18, 2026	Blayne Curtis	Jefferies	Maintains	Buy	$43.00 → $45.00 +2.00 (4.7%)
Feb 18, 2026	Joshua Buchalter	TD Cowen	Maintains	Buy	$45.00
Feb 13, 2026	Joseph Moore	Morgan Stanley	Upgrades	Buy	$45.00 → $51.00 +6.00 (13.3%)
Feb 11, 2026	Joseph Quatrochi	Wells Fargo	Maintains	Buy	$45.00 → $48.00 +3.00 (6.7%)
Jan 30, 2026	Blayne Curtis	Jefferies	Maintains	Strong Buy	$37.00 → $43.00 +6.00 (16.2%)
Jan 30, 2026	Joshua Buchalter	TD Cowen	Maintains	Strong Buy	$38.00 → $45.00 +7.00 (18.4%)
Jan 30, 2026	Tom O'Malley	Barclays	Maintains	Buy	$35.00 → $46.00 +11.00 (31.4%)
Jan 30, 2026	Timothy Arcuri	UBS	Maintains	Strong Buy	$40.00 → $44.00 +4.00 (10.0%)
Jan 30, 2026	Joseph Quatrochi	Wells Fargo	Maintains	Buy	$40.00 → $45.00 +5.00 (12.5%)
Jan 30, 2026	N. Quinn Bolton	Needham	Maintains	Strong Buy	$37.00 → $41.00 +4.00 (10.8%)
Jan 30, 2026	Joseph Moore	Morgan Stanley	Maintains	Hold	$35.00 → $45.00 +10.00 (28.6%)
Jan 29, 2026	Thomas O'Malley	Barclays	Maintains	Buy	$35.00 → $46.00 +11.00 (31.4%)
Jan 29, 2026	Quinn Bolton	Needham	Reiterates	Buy	$37.00 → $41.00 +4.00 (10.8%)
Jan 23, 2026	Joseph Quatrochi	Wells Fargo	Maintains	Buy	$48.00 → $40.00 -8.00 (-16.7%)
Jan 21, 2026	Vivek Arya	BofA Securities	Maintains	Strong Buy	$36.00 → $39.00 +3.00 (8.3%)

N. Quinn Bolton

Needham

Strong BuyMaintains

$41.00 → $45.00

Feb 19

Google Semiconductors

TipRanks - Google

BuyReiterates

$47.00 → $46.00

Feb 18

PerPlexity Semiconductors

TipRanks - PerPlexity

HoldReiterates

$46.00 → $45.00

Feb 18

Vijay Rakesh

Mizuho

BuyReiterates

$44.00

Feb 18

Blayne Curtis

Jefferies

BuyMaintains

$43.00 → $45.00

Feb 18

Joshua Buchalter

TD Cowen

BuyMaintains

$45.00

Feb 18

Joseph Moore

Morgan Stanley

BuyUpgrades

$45.00 → $51.00

Feb 13

Joseph Quatrochi

Wells Fargo

BuyMaintains

$45.00 → $48.00

Feb 11

Blayne Curtis

Jefferies

Strong BuyMaintains

$37.00 → $43.00

Jan 30

Joshua Buchalter

TD Cowen

Strong BuyMaintains

$38.00 → $45.00

Jan 30

Tom O'Malley

Barclays

BuyMaintains

$35.00 → $46.00

Jan 30

Timothy Arcuri

UBS

Strong BuyMaintains

$40.00 → $44.00

Jan 30

Joseph Quatrochi

Wells Fargo

BuyMaintains

$40.00 → $45.00

Jan 30

N. Quinn Bolton

Needham

Strong BuyMaintains

$37.00 → $41.00

Jan 30

Joseph Moore

Morgan Stanley

HoldMaintains

$35.00 → $45.00

Jan 30

Thomas O'Malley

Barclays

BuyMaintains

$35.00 → $46.00

Jan 29

Quinn Bolton

Needham

BuyReiterates

$37.00 → $41.00

Jan 29

Joseph Quatrochi

Wells Fargo

BuyMaintains

$48.00 → $40.00

Jan 23

Vivek Arya

BofA Securities

Strong BuyMaintains

$36.00 → $39.00

Jan 21

Allegro MicroSystems, Inc. (ALGM) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest ALGM Analyst Ratings & Recommendations

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