On May 9, 2025, renowned analyst Timothy Arcuri from UBS announced an update regarding Allegro Microsystems (ALGM, Financial). The firm has maintained its "Buy" rating for the stock, highlighting continued confidence in Allegro's market performance.
Significantly, UBS raised its price target for ALGM from $22.00 to $25.00. This adjustment reflects a 13.64% increase in the expected valuation of the stock, underlining positive expectations for the company's future growth and profitability.
Allegro Microsystems (ALGM, Financial), a key player in the semiconductor industry, continues to capture attention with its innovative solutions and strategic advancements. As investors digest this latest update from UBS, the market is expected to monitor the stock closely, aligning with the revised price target set by the analyst.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Allegro Microsystems Inc (ALGM, Financial) is $26.32 with a high estimate of $31.00 and a low estimate of $22.00. The average target implies an upside of 17.85% from the current price of $22.33. More detailed estimate data can be found on the Allegro Microsystems Inc (ALGM) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Allegro Microsystems Inc's (ALGM, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Allegro Microsystems Inc (ALGM, Financial) in one year is $26.56, suggesting a upside of 18.94% from the current price of $22.33. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Allegro Microsystems Inc (ALGM) Summary page.
