Allegro Microsystems Market Sentiment

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Allegro Microsystems Inc

ALGMNASDAQ

Trade with Public

$39.53

3.158.66%

Last update: Oct 5, 4:49 AM

$39.50

3.128.58%

Overview News Earnings Forecast Events Price Targets FinancialsSentimentOwnership Compare Options Stock Report

Allegro Microsystems Market Sentiment - Benzinga

Allegro Microsystems Market Sentiment

Market sentiment signals for Allegro Microsystems (ALGM): analyst consensus, short interest, options flow and insider activity.

Key Signals

Analyst Consensus▲ Buy

Short Interest▲ 10.6% short float

Options Flow— N/A

Insider Activity— N/A

Analyst Consensus

Buy

16 analysts

Options Flow (P/C)

—

Avg Consensus PT

$47

+18.5%

Highest Price Target

$60

+51.9%

Benchmark

Lowest Price Target

$23

-41.8%

Wells Fargo

Short Interest

10.6%

Declining — Bullish

Insider Activity (30d)

—

Short Interest — % of Float

Recent Analyst Actions

Date	Firm	Analyst & Accuracy	Upside / Downside	PT Change	Action	Rating
Oct 2, 2026	RBC Capital	Srini Pajjuir—	+26.6%	$50	Initiate	Outperform
Aug 13, 2026	Benchmark	Gary Mobley—	+51.9%	$60	Initiate	Buy
Jul 31, 2026	Mizuho	Vijay Rakesh—	+46.8%	$67 → $58	Maintained	Outperform
Jul 31, 2026	Morgan Stanley	Joseph Moore—	+31.6%	$51 → $52	Maintained	Overweight
Jul 31, 2026	TD Cowen	Joshua Buchalter—	+21.5%	$66 → $48	Maintained	Buy
Jul 30, 2026	Needham	N. Quinn Bolton—	+44.3%	$55 → $57	Maintained	Buy
Jul 20, 2026	Barclays	Tom O'Malley—	+21.5%	$48 → $48	Downgrade	Overweight→Equal-Weight
Jul 13, 2026	TD Cowen	Joshua Buchalter—	+67.1%	$70 → $66	Maintained	Buy
Jun 29, 2026	Mizuho	Vijay Rakesh—	+69.6%	$54 → $67	Maintained	Outperform
Jun 22, 2026	TD Cowen	Joshua Buchalter—	+77.2%	$55 → $70	Maintained	Buy
May 8, 2026	UBS	Timothy Arcuri—	+39.2%	$52 → $55	Maintained	Buy
May 8, 2026	Barclays	Tom O'Malley—	+21.5%	$46 → $48	Maintained	Overweight
May 8, 2026	Wells Fargo	Joseph Quatrochi—	+41.8%	$48 → $56	Maintained	Overweight
May 8, 2026	Evercore ISI Group	Mark Lipacis—	+34.2%	$49 → $53	Maintained	Outperform
May 8, 2026	Mizuho	Vijay Rakesh—	+36.7%	$44 → $54	Maintained	Outperform
May 7, 2026	Needham	N. Quinn Bolton—	+39.2%	$45 → $55	Maintained	Buy
Feb 19, 2026	Needham	N. Quinn Bolton—	+13.9%	$41 → $45	Maintained	Buy
Feb 13, 2026	Morgan Stanley	Joseph Moore—	+29.1%	$51	Upgrade	Equal-Weight→Overweight
Feb 11, 2026	Wells Fargo	Joseph Quatrochi—	+21.5%	$45 → $48	Maintained	Overweight
Jan 30, 2026	Jefferies	Blayne Curtis—	+8.9%	$37 → $43	Maintained	Buy
Jan 30, 2026	UBS	Timothy Arcuri—	+11.4%	$40 → $44	Maintained	Buy
Jan 30, 2026	TD Cowen	Joshua Buchalter—	+13.9%	$38 → $45	Maintained	Buy
Jan 30, 2026	Morgan Stanley	Joseph Moore—	+13.9%	$35 → $45	Maintained	Equal-Weight
Jan 30, 2026	Wells Fargo	Joseph Quatrochi—	+13.9%	$40 → $45	Maintained	Overweight
Jan 30, 2026	Barclays	Tom O'Malley—	+16.5%	$35 → $46	Maintained	Overweight