Allegro MicroSystems Inc. (ALGM) Social Stream
ALLEGRO MICROSYSTEMS INC (ALGM) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering ALGM.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-29 | 6 | $40 | $38 | $39 | $39.48 | -1.22% |
| 2022-02-01 | 5 | $40 | $38 | $39 | $39.48 | -1.22% |
| 2022-04-20 | 5 | $44 | $38 | $39.8 | $39.48 | 0.81% |
| 2022-04-25 | 5 | $44 | $31 | $38.4 | $39.48 | -2.74% |
| 2022-05-10 | 5 | $44 | $31 | $37.2 | $39.48 | -5.78% |
| 2022-05-11 | 6 | $42 | $31 | $36.8 | $39.48 | -6.79% |
| 2022-05-25 | 6 | $42 | $30 | $35.666 | $39.48 | -9.66% |
| 2022-05-27 | 6 | $42 | $30.001 | $35.666 | $39.48 | -9.66% |
| 2022-07-28 | 6 | $42 | $26 | $33 | $39.48 | -16.41% |
| 2022-08-01 | 6 | $42 | $26 | $31.333 | $39.48 | -20.64% |
| 2022-10-13 | 6 | $42 | $25 | $30 | $39.48 | -24.01% |
| 2022-10-31 | 7 | $42 | $26 | $31.333 | $39.48 | -20.64% |
| 2023-01-09 | 7 | $38 | $26 | $31.5 | $39.48 | -20.21% |
| 2023-01-20 | 7 | $38 | $26 | $34 | $39.48 | -13.88% |
| 2023-01-23 | 7 | $38 | $30 | $35 | $39.48 | -11.35% |
| 2023-02-02 | 7 | $45 | $35 | $42 | $39.48 | 6.38% |
| 2023-03-09 | 6 | $52 | $42 | $44.833 | $39.48 | 13.56% |
| 2023-03-15 | 6 | $54 | $42 | $47.666 | $39.48 | 20.73% |
| 2023-05-11 | 6 | $54 | $42 | $48.666 | $39.48 | 23.27% |
| 2023-05-15 | 6 | $54 | $44 | $50.333 | $39.48 | 27.49% |
The Trend in the Analyst Price Target
Over the past 13 months, ALGM's average price target has gone up $10.53.
Over the past 42 weeks, ALGM's average upside potential has been 18.63%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-07-28 | 6 | 42 | 26 | 33.000 | 24.25 | 36.08% |
| 2022-08-01 | 6 | 42 | 26 | 31.333 | 25.18 | 24.44% |
| 2023-01-09 | 7 | 38 | 26 | 31.500 | 31.26 | 0.77% |
| 2023-01-20 | 7 | 38 | 26 | 34.000 | 32.45 | 4.78% |
| 2023-04-05 | 6 | 54 | 42 | 48.666 | 45.61 | 6.7% |
ALGM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.17 | 5 | 1 | 0 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
Over the past 23 months, ALGM's average broker recommendation rating improved by 0.69.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- ALLEGRO MICROSYSTEMS INC's upside potential (average analyst target price relative to current price) is greater than 335.68% of all US stocks.
- ALLEGRO MICROSYSTEMS INC's variance in analysts' estimates is lower than -391.92% of Technology stocks.
- In terms of how ALLEGRO MICROSYSTEMS INC fares relative to Technology stocks, note that its number of analysts covering the stock is greater than 535.06% of that group.
- To contextualize these metrics, consider that out of Electronic Equipment stocks, ALLEGRO MICROSYSTEMS INC's average analyst price target is greater than 820.69% of them.
Stocks similar to ALLEGRO MICROSYSTEMS INC in the Electronic Equipment industry regarding analyst recommendations and price targets are SHLS, INFN, and NTGR.
View All Top Stocks by Price Target
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