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Allegro Microsystems Inc
NASDAQ:ALGM

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Allegro Microsystems Inc
NASDAQ:ALGM
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Price: 35.6425 USD -5.18% Market Closed
Market Cap: $6.6B

Wall St 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 55.93 USD with a low forecast of 48.48 USD and a high forecast of 65.1 USD.

Lowest Forecast
Price Target
48.48 USD
36% Upside
Average Forecast
Price Target
55.93 USD
57% Upside
Highest Forecast
Price Target
65.1 USD
83% Upside
Allegro Microsystems Inc Competitors:
Price Targets
SGMT
Sagimet Biosciences Inc
171% Upside

Revenue
Forecast

5% / Year
Past Growth
20% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
5% / Year
Past Growth
20% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 6 years, the compound annual growth rate for Revenue has been 5%. The projected CAGR for the next 3 years is 20%.

Gross Profit
Forecast

8% / Year
Past Growth
23% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss
8% / Year
Past Growth
23% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss

Over the last 6 years, the compound annual growth rate for Gross Profit has been 8%. The projected CAGR for the next 3 years is 23%.

Operating Income
Forecast

-5% / Year
Past Growth
125% / Year
Estimated Growth
Estimates Accuracy
-28%
Average Miss
-5% / Year
Past Growth
125% / Year
Estimated Growth
Estimates Accuracy
-28%
Average Miss

Over the last 6 years, the compound annual growth rate for Operating Income has been -5%. The projected CAGR for the next 3 years is 125%.

Pre-Tax Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-25%
Average Miss
N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-25%
Average Miss

Net Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-34%
Average Miss
N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-34%
Average Miss
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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for ALGM is 55.93 USD with a low forecast of 48.48 USD and a high forecast of 65.1 USD.

What is the Revenue forecast for Allegro Microsystems Inc?
Projected CAGR
20%

Over the last 6 years, the compound annual growth rate for Revenue has been 5%. The projected CAGR for the next 3 years is 20%.

What is the Gross Profit forecast for Allegro Microsystems Inc?
Projected CAGR
23%

Over the last 6 years, the compound annual growth rate for Gross Profit has been 8%. The projected CAGR for the next 3 years is 23%.

What is the Operating Income forecast for Allegro Microsystems Inc?
Projected CAGR
125%

Over the last 6 years, the compound annual growth rate for Operating Income has been -5%. The projected CAGR for the next 3 years is 125%.

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