Allegro Microsystems Inc (ALGM) shares projected to rise by 7.27%

Allegro Microsystems Inc [ALGM] stock is trading at $29.83, down -2.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ALGM shares have lost -5.75% over the last week, with a monthly amount drifted -5.21%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Allegro Microsystems Inc [NASDAQ: ALGM] stock has seen the most recent analyst activity on August 01, 2025, when TD Cowen reiterated its Buy rating and also revised its price target to $37 from $42. On November 22, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $23 on the stock. Loop Capital started tracking the stock assigning a Buy rating and suggested a price target of $30 on November 12, 2024. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $21 as its price target on November 07, 2024. UBS started tracking with a Buy rating for this stock on September 03, 2024, and assigned it a price target of $33. In a note dated May 13, 2024, Jefferies initiated an Buy rating and provided a target price of $37 on this stock.

Allegro Microsystems Inc [ALGM] stock has fluctuated between $16.38 and $38.45 over the past year. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Allegro Microsystems Inc [NASDAQ: ALGM] shares were valued at $29.83 at the most recent close of the market. An investor can expect a potential return of 7.27% based on the average ALGM price forecast.

Analyzing the ALGM fundamentals

Allegro Microsystems Inc [NASDAQ:ALGM] reported sales of 761.49M for the trailing twelve months, which represents a growth of 21.86%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.07 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.26 points at the first support level, and at 28.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.52, and for the 2nd resistance point, it is at 31.20.

Ratios To Look Out For

For context, Allegro Microsystems Inc’s Current Ratio is 3.70. Further, the Quick Ratio stands at 2.26, while the Cash Ratio is 1.07. Considering the valuation of this stock, the price to sales ratio is 7.25, the price to book ratio is 5.98.

Transactions by insiders

Recent insider trading involved Webster Roald Graham, VP, Chief Accounting Officer, that happened on Aug 22 ’25 when 8266.0 shares were sold. Director, Lury Richard R. completed a deal on Aug 12 ’25 to sell 7000.0 shares. Meanwhile, Director Lury Richard R. bought 7000.0 shares on Aug 12 ’25.

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