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As of September 9, 2026, Allegro MicroSystems, Inc. (ALGM) trades at $35.84. CleaRank Financial AI rates it Hold with a fair value of $35.84, in line with the current price. Wall Street's consensus target is $55.00 across 12 analysts. RSI at 38 is in neutral territory, and the price is below its 50-day average of $44.50.
Allegro MicroSystems Inc (ALGM)
Allegro MicroSystems Inc NASDAQ
$35.84
-0.6300 (-1.73%)
At close: Sep 9, 4:00 PM EDT
AI Analyst Consensus
55 / 100
Allegro MicroSystems Inc. (ALGM) is currently trading at $35.84, below its 50-day and 200-day moving averages ($44.50 and $39.55), signaling a bearish technical trend. The company is experiencing strong revenue growth, with current quarter estimates showing a 26.00% year-over-year increase. Wall Street analysts maintain a generally positive outlook, with a consensus rating of 'Buy' and a median price target of $55.00, implying a 53.5% upside potential. However, insider activity reveals a 'Moderate Sell Signal' with $6.2 million in total sales versus no reported purchases, indicating a net seller position among insiders. This, combined with the bearish technicals, presents a mixed picture for investors. The company's high P/E ratio of 522.71 also suggests a premium valuation that warrants careful consideration.
ALGM Price Analysis
Market Metrics
Open
$35.99
Day Range
$35.76 to $36.85
Prev Close
$36.47
Volume
1.87M
52-Week Range
$22.41 to $71.77
Market Cap
$6.68B
Peer Benchmarking
Valuation vs Sector (Technology)
Performance vs XLK
Sector Position Analysis
Valuation is broadly in line with sector peers (0.000823% difference), suggesting fair market pricing relative to industry standards.
ALGM Financial Performance
Revenue vs. Earnings
Annual
Quarterly
Earnings Reality Check
Analysis: In the last 3 quarters, ALGM beat estimates 3 times. The stock rose 2 times the next day. Price tends to react positively to beats.
ALGM Analysis
Company's Health
3/5
AI Technical Analysis
Allegro MicroSystems Inc. is trading below its 50-day and 200-day moving averages ($44.50 and $39.55), indicating a bearish trend. The RSI is at 38.35, signaling bearish momentum, and the MACD is negative at -2.34. The stock's current price of $35.84 is also below its 20-day EMA of $38.09. Volume on the latest trading day was 1,867,733, which is 9.9% below the average volume of 2,072,793. Key support levels are not clearly defined by the current technical setup, given the downward trend. Resistance is likely to be encountered at the aforementioned moving average levels, particularly the 50-day SMA at $44.50.
ProTips
- Monitor insider transactions closely; recent net selling activity warrants caution despite positive analyst sentiment.
- The stock is trading below its 50-day and 200-day moving averages ($44.50 and $39.55), suggesting potential for further downside if key resistance levels are not overcome.
- Given the high P/E ratio, investors should consider the company's ability to consistently meet or exceed aggressive growth expectations to justify the valuation.
Key Catalysts
Bullish
Strong Revenue Growth Continues
Allegro MicroSystems Inc. is projected to achieve 26.00% revenue growth in the current quarter, indicating strong market demand for its semiconductor products.
Source: Wall Street Revenue EstimatesBullish
Positive Wall Street Consensus
With 12 analysts covering the stock, the consensus rating is 'Buy' and the median price target of $55.00 implies a 53.5% upside from the current price.
Source: Wall Street SummaryBearish
Moderate Insider Selling Signal
Insiders have sold a net $6.2 million in stock with no reported purchases, indicating a 'Moderate Sell Signal' that could weigh on short-term price action.
Source: Insider SummaryBearish
Bearish Technical Momentum
The stock is trading below its 50-day and 200-day moving averages ($44.50 and $39.55), with a bearish RSI status, suggesting potential for further price declines.
Source: Technical AnalysisMarket Outlook
Allegro MicroSystems Inc. is expected to maintain its strong revenue growth trajectory over the next 6-12 months, driven by demand in the semiconductor market. The current median analyst price target of $55.00 suggests significant upside potential from the current price of $35.84, reflecting optimism about the company's growth prospects. However, the outlook is tempered by technical headwinds and insider selling. A sustained break above the 50-day SMA at $44.50 would be a key bullish signal. Conversely, a failure to break resistance and continued selling pressure could lead to a retest of lower support levels, potentially negating the positive analyst targets.
Key Statistics
| Market Cap | 6.68B |
|---|---|
| P/E Ratio | 522.71 |
| EPS (TTM) | 0.0700 |
| Dividend Yield | 0.00% |
| 52 Week High | 71.77 |
| 52 Week Low | 22.41 |
Allegro MicroSystems Inc. presents a high P/E ratio of 522.71, significantly above typical sector averages, suggesting a premium valuation. Despite this, the company is demonstrating strong revenue growth, with current quarter estimates projecting a 26.00% year-over-year increase. The reported EPS of $0.07 is very low relative to the current share price, which is a common indicator for growth stocks but also highlights the high valuation. The company's balance sheet and profitability metrics beyond revenue growth are not detailed. However, the strong revenue trajectory, coupled with a positive analyst consensus and a median price target of $55.00, suggests that the market is pricing in significant future growth to justify the current valuation.
Earnings & Growth Analysis
Allegro MicroSystems Inc. has shown a mixed earnings performance recently. The most recent quarter ending July 30, 2026, saw an EPS of $0.23, beating estimates by 9.52% and resulting in a 0.12% price increase. Prior to this, the quarter ending June 9, 2026, reported an EPS of $0.05 against an estimate of $0.04, a 25% surprise, but the stock declined by 4.48%. The quarter ending May 7, 2026, also beat estimates with an EPS of $0.17 versus $0.16, leading to a 2.13% stock gain. Overall, the company has demonstrated an ability to meet or exceed earnings expectations, though the stock price reaction has been inconsistent. The strong revenue growth trend supports the positive earnings surprises.
Key Risks
Allegro MicroSystems Inc. faces key risks including its high valuation, indicated by a P/E ratio of 522.71, and a bearish technical outlook with the stock trading below its key moving averages. Also, insider activity shows a 'Moderate Sell Signal' with significant net selling, suggesting a lack of insider confidence in the near term. The company's limited trading history as a recently listed entity may also pose risks, as long-term trend data is still developing. These factors combined suggest caution despite the positive revenue growth and analyst sentiment.
Technical Indicators
| RSI (14) | 38.35 |
|---|---|
| MACD | -2.34 |
| SMA 50 | 44.50 |
| SMA 200 | 39.55 |
RSI
Bearish
SMA Cross
Bullish
Price vs SMA
Bearish
MACD
Bearish
Golden Cross in effect with the 50-day SMA ($44.50) above the 200-day SMA ($39.55), price is trading below the 50-day SMA.
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)
+0.59
Moderate correlation
Nasdaq 100 (QQQ)
+0.65
Moderate correlation
Bitcoin (BTC)
-0.01
Weak correlation
Gold (XAU)
+0.14
Weak correlation
Check Custom Correlation
Calculating correlation...
ALGM Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative
2%
Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Entry Strategies (click to switch)
CONSERVATIVE
$35.48
Slight discount to current
Wait for small dip
AGGRESSIVE
$35.84
At current price
Enter now if confident
Risk Management
STOP LOSS
$33.84
MAX LOSS
-4.6%
Volatility-Adjusted Stop Loss
Calculated based on RSI (38.4) and current market volatility
Profit Targets (Based on Conservative Entry)
TARGET 1
$36.55
+3% (Conservative)
+2.0% (Aggressive)
TARGET 2
$37.26
+5% (Conservative)
+4.0% (Aggressive)
TARGET 3
$38.32
+8% (Conservative)
+6.9% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
Calculate Your Trade
High-Volatility Risk Disclaimer
ALGM is classified as a high-volatility asset (Daily Vol: 3.08%). Aggressive price swings can lead to rapid capital loss. Liquidity risks may prevent exiting trades at desired prices. This AI-generated analysis is for educational purposes only and is not financial advice. Generated on September 9, 2026.Growth of $10,000
A $10,000 investment in ALGM in October 2020 would be worth about $20,605 today, compared with about $23,212 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in ALGM today could grow to about $26,168 by 2036 in the base case, with a bull case near $198,524 and a bear case around $3,449. Projections are statistical simulations, not guarantees.
ALGM Stock Price Prediction: 2030
CleaRank's simulation projects a price near $52.66 for ALGM by 2030 in the base case, from $35.84 today (1.5x over 4 years). The downside path ends near $14.62. These are outcomes of a Monte Carlo simulation run on ALGM's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $20.79 | $39.46 | $74.89 |
| 2028 | $17.55 | $43.44 | $108 |
| 2029 | $15.76 | $47.83 | $145 |
| 2030 | $14.62 | $52.66 | $190 |
| 2031 | $13.83 | $57.98 | $243 |
| 2032 | $13.28 | $63.83 | $307 |
| 2033 | $12.90 | $70.28 | $383 |
| 2034 | $12.63 | $77.37 | $474 |
| 2035 | $12.46 | $85.18 | $582 |
| 2036 | $12.36 | $93.78 | $712 |
Method: 10,000 simulated price paths using ALGM's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. ALGM is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.
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ALGM Insider Trading Analysis
Bought
None
No open-market buys
Sold
$6.2M
18 Transactions
Insiders
18
Active Traders
Avg Transaction
$341.8K
Moderate size
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Jul 29, 2024 | SANKEN ELECTRIC COMPANY LTD.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 28.8M | $665.9M |
| Feb 9, 2021 | OEP SKNA, L.P.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 11.4M | $331.2M |
| Nov 3, 2021 | OEP SKNA, L.P.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 8.6M | $260.9M |
| Aug 7, 2024 | SANKEN ELECTRIC COMPANY LTD.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 10.0M | $232.0M |
| Feb 2, 2023 | OEP SKNA, L.P.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 5.0M | $188.0M |
| Feb 9, 2021 | SANKEN ELECTRIC COMPANY LTD.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 5.2M | $151.7M |
| Mar 8, 2021 | OEP SKNA, L.P.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 1.8M | $53.5M |
| Nov 2, 2020 | SANKEN ELECTRIC COMPANY LTD.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 2.6M | $51.8M |
| Nov 2, 2020 | OEP SKNA, L.P.
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 1.1M | $22.2M |
| Feb 9, 2021 | VIG RAVI
Chief Executive Officer
|
Sell | 400.0K | $11.7M |
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Frequently Asked Questions
What is Allegro MicroSystems Inc.'s stock price forecast for 2030?
Based on Monte Carlo simulations, Allegro MicroSystems Inc.'s stock price is projected to be $52.66 in 2030 under base case assumptions. The downside projection is $14.62, while the upside projection reaches $189.70. These figures represent statistical outcomes, not guaranteed price targets.
Is Allegro MicroSystems Inc. stock a buy right now?
Allegro MicroSystems Inc. is currently rated a 'Hold' with a consensus score of 55. While Wall Street analysts have a 'Buy' rating and a median price target of $55.00, the stock is trading below its key moving averages and exhibits moderate insider selling.
What is the consensus rating for Allegro MicroSystems Inc. stock?
The consensus rating for Allegro MicroSystems Inc. is 'Hold', supported by a consensus score of 55. This reflects a balance between strong revenue growth and positive analyst sentiment against bearish technicals and insider selling.
How is Allegro MicroSystems Inc. performing financially?
Allegro MicroSystems Inc. is demonstrating strong revenue growth, with current quarter estimates showing a 26.00% year-over-year increase. Recent earnings have shown a pattern of beating estimates, although stock price reactions have been mixed.
What are the key risks facing Allegro MicroSystems Inc.?
Key risks include a high P/E ratio of 522.71, a bearish technical trend with the stock below its moving averages, and moderate insider selling totaling $6.2 million. The company's limited trading history also presents a risk.
What is Allegro MicroSystems Inc.'s revenue growth outlook?
The outlook for Allegro MicroSystems Inc.'s revenue growth is positive. Current quarter estimates project a 26.00% year-over-year increase, with next year's estimates showing continued growth of 17.00%.
How does Allegro MicroSystems Inc. compare to its sector averages?
Allegro MicroSystems Inc. shows exceptional revenue growth of 27.5%, significantly outpacing the sector average. However, its P/E ratio of 522.71 is extremely high compared to sector averages, indicating a substantial valuation premium.