ALLEGRO MICROSYSTEMS INC (ALGM) Stock Analyst Ratings
NASDAQ:ALGM - Nasdaq - US01749D1054 - Common Stock - Currency: USD
ChartMill assigns a Buy % Consensus number of 81% to ALGM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 29.01. This target is 21.16% above the current price.
ALGM was analyzed by 18 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about ALGM.
In the previous month the buy percentage consensus was at a similar level.
ALGM was analyzed by 18 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2025-02-03 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-01-31 | Needham | Reiterate | Buy -> Buy |
| 2025-01-17 | Barclays | Maintains | Overweight -> Overweight |
| 2025-01-13 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2024-11-22 | Wells Fargo | Initiate | Overweight |
| 2024-11-07 | Morgan Stanley | Initiate | Equal-Weight |
| 2024-11-01 | Barclays | Maintains | Overweight -> Overweight |
| 2024-10-31 | Needham | Maintains | Buy -> Buy |
| 2024-09-03 | UBS | Initiate | Buy |
| 2024-08-02 | Needham | Reiterate | Buy -> Buy |
| 2024-06-13 | TD Cowen | Maintains | Buy -> Buy |
| 2024-05-10 | TD Cowen | Maintains | Buy -> Buy |
| 2024-05-10 | Mizuho | Maintains | Buy -> Buy |
| 2024-05-10 | Needham | Maintains | Buy -> Buy |
| 2024-05-10 | Barclays | Maintains | Overweight -> Overweight |
| 2024-04-16 | Evercore ISI Group | Initiate | Outperform |
| 2024-02-02 | Wolfe Research | Upgrade | Peer Perform -> Outperform |
| 2024-02-02 | Needham | Maintains | Buy -> Buy |
| 2023-11-03 | Needham | Maintains | Buy -> Buy |
| 2023-09-29 | B of A Securities | Initiate | Neutral |
| 2023-08-09 | Needham | Reiterate | Buy -> Buy |
| 2023-08-02 | Needham | Reiterate | Buy -> Buy |
| 2023-07-26 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2023-07-20 | Mizuho | Maintains | Buy -> Buy |
| 2023-07-20 | Wolfe Research | Initiate | Peer Perform |
| 2023-07-20 | Barclays | Maintains | Overweight -> Overweight |
| 2023-05-12 | Mizuho | Maintains | Buy -> Buy |
| 2023-05-12 | Needham | Reiterate | Buy -> Buy |
| 2023-03-15 | Needham | Maintains | Buy |
| 2023-03-15 | Barclays | Maintains | Overweight |