Allegro MicroSystems, Inc. (ALGM) Stock Forecast
ALGM analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.62 / 5 from 13 analysts
- Price target
- $54.42 average of analyst targets
- Upside to target
- +72.1% from the latest close
- Next earnings
- October 29, 2026 EPS estimate $0.18
- 52-week range
- $22.80 – $69.62
ALGM analyst ratings
13 analystsNumber of analysts at each rating.
ALGM price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
ALGM earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.24 | $0.24 | $0.26 | $0.13 | +86.6% | 12 |
| Next quarter (Dec '26) | $0.26 | $0.23 | $0.30 | $0.15 | +73.9% | 12 |
| Current fiscal year (FY2027) | $1.02 | $0.97 | $1.09 | $0.54 | +88.7% | 12 |
| Next fiscal year (FY2028) | $1.48 | $1.32 | $1.68 | $1.02 | +45.1% | 12 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
ALGM revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $270.4M | $270.0M | $272.7M | +26.2% | 10 |
| Next quarter (Dec '26) | $275.6M | $263.0M | $282.1M | +20.3% | 10 |
| Current fiscal year (FY2027) | $1.09B | $1.08B | $1.11B | +23.0% | 11 |
| Next fiscal year (FY2028) | $1.28B | $1.23B | $1.35B | +17.0% | 11 |
ALGM EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
ALGM revenue: reported and forecast
ALGM EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.25 | $0.24 | $0.24 | $0.24 | $0.24 | −1.4% | 2 up · 3 down |
| Next quarter (Dec '26) | $0.26 | $0.27 | $0.26 | $0.26 | $0.26 | +1.7% | 6 up · 3 down |
| Current fiscal year (FY2027) | $1.03 | $1.03 | $1.03 | $1.02 | $1.02 | −0.7% | 8 up · 2 down |
| Next fiscal year (FY2028) | $1.49 | $1.50 | $1.50 | $1.48 | $1.48 | −0.6% | 8 up · 2 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
ALGM earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; ALGM beat in 11 of 12.
What analysts expect from ALGM
13 analysts cover Allegro MicroSystems; their consensus rating is strong buy (4.62 on a 1–5 scale, where 5 is a strong buy). The average price target is $54.42, 72.1% above the latest close of $31.62. Analysts expect earnings of $1.02 per share for FY2027, +88.7% from a year earlier. For FY2028 the average estimate is $1.48 per share on revenue of $1.3 billion. Allegro MicroSystems beat the EPS estimate in 11 of the last 12 quarters.
Related: ALGM income statement, ALGM key metrics, ALGM chart. See the ALGM stock overview for the latest quote and news.
ALGM forecast FAQ
What is Allegro MicroSystems's price target?
The average analyst price target for Allegro MicroSystems is $54.42, 72.1% above the latest close of $31.62.
Is Allegro MicroSystems a buy, hold or sell?
Of 13 analysts covering Allegro MicroSystems, 9 rate it a strong buy, 3 a buy, 1 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Allegro MicroSystems's EPS forecast?
Analysts forecast $1.02 per share for FY2027 (range $0.97 to $1.09); for FY2028 the estimate is $1.48.
What is Allegro MicroSystems's revenue forecast?
The average revenue estimate for FY2027 is $1.1 billion, growth of 23.0%; for FY2028 it is $1.3 billion.
When does Allegro MicroSystems report earnings?
Allegro MicroSystems is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens; the EPS estimate is $0.18.
Does Allegro MicroSystems usually beat earnings estimates?
Allegro MicroSystems reported EPS at or above the analyst estimate in 11 of the last 12 quarters.