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ALGM Buy
ALLEGRO MICROSYSTEMS, INC.
Current Price —
Implied Upside —
Analysts 18
30-Day Momentum
▲ 1 upgrades / ▼ 0 downgrades / 2 reiterations from 3 firms
Next Earnings
Oct 29, 2026 (3 days)
Rating Timeline
| Date ▼ | Firm | Action | From → To Rating | Price Target | Firm Rating |
|---|---|---|---|---|---|
| Oct 20, 2026 | Wells Fargo | maintain | Overweight → Overweight | — | 54% |
| Oct 19, 2026 | TD Cowen | maintain | Buy → Buy | — | 54% |
| Oct 2, 2026 | RBC Capital | initiate | — → Outperform | — | 55% |
| Aug 13, 2026 | Benchmark | initiate | — → Buy | — | 54% |
| Jul 31, 2026 | Mizuho | maintain | Outperform → Outperform | — | 52% |
| Jul 31, 2026 | Morgan Stanley | maintain | Overweight → Overweight | — | 54% |
| Jul 31, 2026 | TD Cowen | maintain | Buy → Buy | — | 54% |
| Jul 30, 2026 | Needham | maintain | Buy → Buy | — | 50% |
| Jul 20, 2026 | Barclays | downgrade | Overweight → Equal-Weight | — | 53% |
| Jul 13, 2026 | TD Cowen | maintain | Buy → Buy | — | 54% |
| Jun 29, 2026 | Mizuho | maintain | Outperform → Outperform | — | 52% |
| Jun 22, 2026 | TD Cowen | maintain | Buy → Buy | — | 54% |
| May 8, 2026 | UBS | maintain | Buy → Buy | — | 54% |
| May 8, 2026 | Barclays | maintain | Overweight → Overweight | — | 53% |
| May 8, 2026 | Wells Fargo | maintain | Overweight → Overweight | — | 54% |
| May 8, 2026 | Evercore ISI Group | maintain | Outperform → Outperform | — | 58% |
| May 8, 2026 | Mizuho | maintain | Outperform → Outperform | — | 52% |
| May 7, 2026 | Needham | maintain | Buy → Buy | — | 50% |
| Feb 19, 2026 | Needham | maintain | Buy → Buy | $45 | 50% |
| Feb 13, 2026 | Morgan Stanley | upgrade | Equal-Weight → Overweight | $51 | 54% |
| Feb 11, 2026 | Wells Fargo | maintain | Overweight → Overweight | $48 | 54% |
| Jan 30, 2026 | Jefferies | maintain | Buy → Buy | $43 | 52% |
| Jan 30, 2026 | UBS | maintain | Buy → Buy | $44 | 54% |
| Jan 30, 2026 | TD Cowen | maintain | Buy → Buy | $45 | 54% |
| Jan 30, 2026 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | $45 | 54% |
| Jan 30, 2026 | Wells Fargo | maintain | Overweight → Overweight | $45 | 54% |
| Jan 30, 2026 | Barclays | maintain | Overweight → Overweight | $46 | 53% |
| Jan 30, 2026 | Needham | maintain | Buy → Buy | $41 | 50% |
| Jan 21, 2026 | B of A Securities | maintain | Buy → Buy | $39 | 53% |
| Oct 31, 2025 | TD Cowen | maintain | Buy → Buy | $35 | 54% |
| Oct 31, 2025 | UBS | maintain | Buy → Buy | $40 | 54% |
| Oct 31, 2025 | Barclays | maintain | Overweight → Overweight | $35 | 53% |
| Oct 31, 2025 | Evercore ISI Group | maintain | Outperform → Outperform | $49 | 58% |
| Oct 20, 2025 | UBS | maintain | Buy → Buy | $38 | 54% |
| Sep 5, 2025 | B of A Securities | maintain | Buy → Buy | $38 | 53% |
| Aug 1, 2025 | Mizuho | maintain | Outperform → Outperform | $40 | 52% |
| Aug 1, 2025 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | $35 | 54% |
| Aug 1, 2025 | Barclays | maintain | Overweight → Overweight | $30 | 53% |
| Jul 31, 2025 | Needham | maintain | Buy → Buy | $37 | 50% |
| Jul 16, 2025 | Wells Fargo | maintain | Overweight → Overweight | $42 | 54% |
| Jul 10, 2025 | B of A Securities | maintain | Buy → Action List Buy | $45 | 53% |
| Jul 8, 2025 | Mizuho | maintain | Outperform → Outperform | $37 | 52% |
| Jul 7, 2025 | UBS | maintain | Buy → Buy | $42 | 54% |
| Jun 16, 2025 | Wells Fargo | maintain | Overweight → Overweight | $33 | 54% |
| Jun 16, 2025 | UBS | maintain | Buy → Buy | $35 | 54% |
| Jun 9, 2025 | Morgan Stanley | maintain | Equal-Weight → Equal-Weight | $25 | 54% |
| May 9, 2025 | UBS | maintain | Buy → Buy | $25 | 54% |
| May 9, 2025 | Barclays | maintain | Overweight → Overweight | $23 | 53% |
| May 9, 2025 | Needham | maintain | Buy → Buy | $25 | 50% |
| Apr 29, 2025 | UBS | maintain | Buy → Buy | $22 | 54% |
Price Target Trend
May 7, 2026 Latest: $52.62 Oct 24, 2026
EPS Estimates
+1q $0.26
Lo: $0.23 Hi: $0.30
13 analysts ▲5
0q $0.24
Lo: $0.24 Hi: $0.26
13 analysts ▲1
0y $1.03
Lo: $0.97 Hi: $1.14
13 analysts ▲8
+1y $1.50
Lo: $1.32 Hi: $1.76
13 analysts ▲8
Cross-Platform Signals
No cross-platform signals in the last 90 days