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Allegro Microsystems Inc
NASDAQ:ALGM

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Allegro Microsystems Inc Logo
Allegro Microsystems Inc
NASDAQ:ALGM
Watchlist
Price: 26.76 USD -3.29% Market Closed
Updated: May 13, 2024
Section:
 

Wall Street
Price Targets

ALGM Price Targets Summary
Allegro Microsystems Inc

Wall Street analysts forecast ALGM stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALGM is 39.27 USD with a low forecast of 35.35 USD and a high forecast of 47.25 USD.

ALGM Lowest Forecast
Wall Street Target
35.35 USD
32% Upside
ALGM Average Forecast
Wall Street Target
39.27 USD
47% Upside
ALGM Highest Forecast
Wall Street Target
47.25 USD
77% Upside
Lowest
Price Target
35.35 USD
32% Upside
Average
Price Target
39.27 USD
47% Upside
Highest
Price Target
47.25 USD
77% Upside

ALGM Last Price Targets
Allegro Microsystems Inc

The latest public price target was made on Apr 15, 2024 by Mark Lipacis from Evercore ISI , who expects ALGM stock to rise by 35% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Mark Lipacis
Evercore ISI
36 USD
Upside 35%
4 weeks ago
Apr 15, 2024
Allegro MicroSystems initiated with an Outperform at Evercore ISI
TheFly
Mark Lipacis
Evercore ISI
Price Target 36 USD
Upside/Downside 35%
View Source
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Revenue
Forecast

Revenue Estimate
Allegro Microsystems Inc

For the last 3 years the compound annual growth rate for Allegro Microsystems Inc's revenue is 14%. The projected CAGR for the next 4 years is 7%.

14%
Past Growth
7%
Estimated Growth
Estimates Accuracy
-1%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Allegro Microsystems Inc

For the last 3 years the compound annual growth rate for Allegro Microsystems Inc's operating income is 57%. The projected CAGR for the next 4 years is 16%.

57%
Past Growth
16%
Estimated Growth
Estimates Accuracy
-28%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Allegro Microsystems Inc

For the last 3 years the compound annual growth rate for Allegro Microsystems Inc's net income is 72%. The projected CAGR for the next 4 years is 14%.

72%
Past Growth
14%
Estimated Growth
Estimates Accuracy
-25%
Average Miss
What are analyst estimates?

See Also

Summary
ALGM intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALGM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALGM stock valuation using valuation multiples.
Wall Street Estimates
ALGM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ALGM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ALGM's stock price target?
Price Target
39.27 USD

According to Wall Street analysts, the average 1-year price target for ALGM is 39.27 USD with a low forecast of 35.35 USD and a high forecast of 47.25 USD.

What is Allegro Microsystems Inc's Revenue forecast?
Projected CAGR
7%

For the last 3 years the compound annual growth rate for Allegro Microsystems Inc's revenue is 14%. The projected CAGR for the next 4 years is 7%.

What is Allegro Microsystems Inc's Operating Income forecast?
Projected CAGR
16%

For the last 3 years the compound annual growth rate for Allegro Microsystems Inc's operating income is 57%. The projected CAGR for the next 4 years is 16%.

What is Allegro Microsystems Inc's Net Income forecast?
Projected CAGR
14%

For the last 3 years the compound annual growth rate for Allegro Microsystems Inc's net income is 72%. The projected CAGR for the next 4 years is 14%.

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