On June 16, 2025, UBS analyst Timothy Arcuri reaffirmed his "Buy" rating for Allegro Microsystems (ALGM, Financial) while raising the price target from $25.00 to $35.00. This change represents a 40% increase in the target price, indicating strong confidence in the company's future performance.
The adjustment in the price target for Allegro Microsystems (ALGM, Financial) is set in USD and aligns with the analyst's positive outlook for the stock. The maintained "Buy" rating suggests that investors may consider ALGM a favorable investment opportunity, according to UBS.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Allegro Microsystems Inc (ALGM, Financial) is $27.00 with a high estimate of $31.00 and a low estimate of $23.00. The average target implies an downside of 11.71% from the current price of $30.58. More detailed estimate data can be found on the Allegro Microsystems Inc (ALGM) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Allegro Microsystems Inc's (ALGM, Financial) average brokerage recommendation is currently 1.9, 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 $26.65, suggesting a downside of 12.85% from the current price of $30.58. 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.
