The latest price target for Allegro Microsystems (NASDAQ:ALGM) was reported by Benchmark on August 13, 2026. The analyst firm set a price target for $60.00 expecting ALGM to rise to within 12 months (a possible 34.38% upside). 32 analyst firms have reported ratings in the last year.

The latest analyst rating for Allegro Microsystems (NASDAQ:ALGM) was provided by Benchmark, and Allegro Microsystems initiated their buy rating.

The last upgrade for Allegro Microsystems Inc happened on February 13, 2026 when Morgan Stanley raised their price target to $51. Morgan Stanley previously had an equal-weight for Allegro Microsystems Inc.

The last downgrade for Allegro Microsystems Inc happened on July 20, 2026 when Barclays changed their price target from $48 to $48 for Allegro Microsystems Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Allegro Microsystems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Allegro Microsystems was filed on August 13, 2026 so you should expect the next rating to be made available sometime around August 13, 2027.

While ratings are subjective and will change, the latest Allegro Microsystems (ALGM) rating was a initiated with a price target of $0.00 to $60.00. The current price Allegro Microsystems (ALGM) is trading at is $44.65, which is within the analyst’s predicted range.