ALGM: UBS Raises Price Target for Allegro Microsystems | ALGM Stock News

Author's Avatar
20 hours ago
Article's Main Image

On July 7, 2025, UBS analyst Timothy Arcuri maintained a "Buy" rating for Allegro Microsystems (ALGM, Financial), reflecting continued confidence in the company's growth prospects. The "Buy" rating remains unchanged from prior assessments.

Significantly, UBS has increased its price target for Allegro Microsystems (ALGM, Financial) from $35.00 to $42.00 USD. This adjustment represents a 20% increase, indicating a positive outlook for the stock's future valuation.

Wall Street Analysts Forecast

1942254806919966720.png

Based on the one-year price targets offered by 13 analysts, the average target price for Allegro Microsystems Inc (ALGM, Financial) is $29.06 with a high estimate of $38.00 and a low estimate of $23.00. The average target implies an downside of 18.02% from the current price of $35.45. More detailed estimate data can be found on the Allegro Microsystems Inc (ALGM) Forecast page.

Based on the consensus recommendation from 13 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 $27.21, suggesting a downside of 23.24% from the current price of $35.4466. 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.