15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Allegro Microsystems Inc, 9 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $39.00 to $67.00, a moderate spread. The average target of $53.30 sits 20% above the current $44.53. The rating mix has stayed broadly stable, with Buy-side ratings easing from 10 to 9 over recent months. On the fundamentals, the Street sees revenue growth near 22% this year and 14% next, consensus EPS building from about $0.25 next quarter toward $1.49 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Strong Buy
Strong Buy00%
Buy990%
Hold110%
Sell00%
Strong Sell00%
Based on 10 analysts giving stock ratings to Allegro Microsystems Inc.
As of Jul, 9 of 10 firms rate ALGM a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ALGM EPS & revenue forecast
EPS · NEXT QUARTER
$0.25
Range $0.22 – $0.29 · 10 analysts · +90% YoY
Next period, 10 analysts expect Allegro Microsystems Inc to earn $0.25 a share (range $0.22 – $0.29), versus $0.13 a year earlier. Full-year consensus is $1.03, growing to $1.49 the year after.
REVENUE · NEXT QUARTER
$263.8M
Range $260.0M – $270.5M · 10 analysts · +22% YoY
Revenue is expected to reach $263.8M (range $260.0M – $270.5M), +22.0% year-over-year. Full-year consensus is $1.1B, rising to $1.3B next year.
Top analysts covering Allegro Microsystems Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ALGM.
#1
N. Quinn Bolton
Needham · Rank #118
Buy
$55.00+23.5% to target
Overall win rate
37%
+ Follow
#2
Timothy Arcuri
UBS
Buy
$55.00+23.5% to target
Coverage
—
+ Follow
#3
Joseph Quatrochi
Wells Fargo
Buy
$56.00+25.8% to target
Coverage
—
+ Follow
#4
Joseph Moore
Morgan Stanley
Buy
$51.00+14.5% to target
Coverage
—
+ Follow
#5
Joshua Buchalter
TD Cowen
Buy
$66.00+48.2% to target
Coverage
—
+ Follow
ALGM stock forecast FAQ
What is ALGM's average 12-month price target?+
The 10 analysts with a live target average $53.30 for Allegro Microsystems Inc over the next 12 months, ranging from a $67.00 high to a $39.00 low.
Is ALGM stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 10 analyst ratings, 9 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for ALGM?+
The Street-high target is $67.00 (Mizuho), and the Street-low is $39.00 (B of A Securities). The average of all 10 active targets is $53.30.
How many Wall Street analysts cover ALGM?+
10 analysts have an active rating on Allegro Microsystems Inc, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering ALGM?+
Among analysts who currently cover ALGM, N. Quinn Bolton of Needham has the strongest overall Quantellect track record (Rank #118). Their current call is Buy with a $55.00 target.
What is Allegro Microsystems Inc's projected EPS for next quarter?+
The consensus estimate is $0.25 per share (range $0.22 – $0.29) across 10 analysts. Full-year EPS is projected at $1.03, rising to $1.49 the following year.
How much revenue is Allegro Microsystems Inc expected to report next quarter?+
Consensus revenue is $263.8M (range $260.0M – $270.5M). Full-year revenue is projected at $1.1B, growing to $1.3B next year.
Have analysts been upgrading or downgrading ALGM lately?+
As of Jul, 9 of 10 firms rate ALGM a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ALGM calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
