Allegro MicroSystems (ALGM)
(Delayed Data from NSDQ)
$28.77 USD
+2.20 (8.28%)
Updated Apr 24, 2024 04:00 PM ET
After-Market: $28.62 -0.15 (-0.52%) 5:30 PM ET
3-Hold of 5 3
D Value C Growth C Momentum D VGM
Allegro MicroSystems, Inc. (ALGM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$38.50 | $45.00 | $35.00 | 44.90% |
Price Target
Based on short-term price targets offered by eight analysts, the average price target for Allegro MicroSystems, Inc. comes to $38.50. The forecasts range from a low of $35.00 to a high of $45.00. The average price target represents an increase of 44.9% from the last closing price of $26.57.
Analyst Price Targets (8 )
Broker Rating
Allegro MicroSystems, Inc. currently has an average brokerage recommendation (ABR) of 1.13 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms. The current ABR compares to an ABR of 1.14 a month ago based on seven recommendations.
Of the eight recommendations deriving the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 87.5% and 12.5% of all recommendations. A month ago, Strong Buy made up 85.71%, while Buy represented 14.29%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 6 | 6 | 6 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.13 | 1.13 | 1.14 | 1.38 | 1.38 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/16/2024 | Evercore Partners | Mark Lipacis | Not Available | Strong Buy |
2/2/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
11/3/2023 | Mizuho SecuritiesUSA | Vijay R Rakesh | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.13 |
ABR (Last week) | 1.13 |
# of Recs in ABR | 8 |
Average Target Price | $38.50 |
LT Growth Rate | NA |
Industry | Electronics - Semiconductors |
Industry Rank by ABR | 155 of 252 |
Current Quarter EPS Est: | 0.21 |