Financhill
Back

Allegro MicroSystems, Inc. Stock Predictions

Allegro MicroSystems, Inc. Stock Forecast

  • Over the next 52 weeks, Allegro MicroSystems, Inc. has on average historically risen by 4.1% based on the past 5 years of stock performance.
  • Allegro MicroSystems, Inc. has risen higher in 2 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 40%
  • Is Allegro MicroSystems, Inc. Stock Undervalued?
    The current Allegro MicroSystems, Inc. [ALGM] share price is $28.82. The Score for ALGM is 53, which is 6% above its historic median score of 50, and infers lower risk than normal.
  • ALGM is currently trading in the 50-60% percentile range relative to its historical Stock Score levels.

Will Allegro MicroSystems, Inc. Stock Go Up Next Year?

  • Over the next 52 weeks, Allegro MicroSystems, Inc. has on average historically risen by 4.1% based on the past 5 years of stock performance.

Allegro MicroSystems, Inc. Stock Rating

Buy
53
Allegro MicroSystems, Inc. (ALGM) is a Buy

Is Allegro MicroSystems, Inc. overpriced?

  • Allegro MicroSystems, Inc. has risen higher in 2 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 40%

Allegro MicroSystems, Inc. Stock Price History

Is ALGM stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and ALGM is experiencing buying pressure, which is a positive indicator for future bullish movement.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
United States
Industry:
Semiconductors & Semiconductor Equipment
Sector:
Information Technology
Type:
stock
Website:
allegromicro.com/en

52-Week Data

52-Week High:
38.45
52-Week Low:
16.38

Prediction Charts

Market Cap:
5.3B
Price in USD:
28.82
Volume:
1.6M
Beta:
1.74

Technical Analysis

SMA50:
27.76
SMA100:
29.78
SMA200:
28.06
52-Wk Change:
35.62%

Stock Predictions

  • Is Allegro MicroSystems, Inc. stock public?
    Yes, Allegro MicroSystems, Inc. is a publicly traded company.
  • What is the Allegro MicroSystems, Inc. stock quote today?
    The Allegro MicroSystems, Inc. stock price is 28.82 USD today.
  • How to buy Allegro MicroSystems, Inc. stock online?
    You can buy Allegro MicroSystems, Inc. shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Nov-14 24.56 24.71 25.22 24.35
Nov-17 24.79 23.60 24.79 23.42
Nov-18 23.32 23.21 23.69 22.97
Nov-19 23.32 23.23 23.75 23.00
Nov-20 23.75 22.80 24.14 22.65
Nov-21 22.83 24.08 24.19 22.41
Nov-24 24.16 24.83 24.90 23.93
Nov-25 24.61 25.74 25.77 24.37
Nov-26 25.86 25.82 26.39 25.74
Nov-28 26.07 26.69 26.76 25.96
Dec-1 26.20 25.97 26.66 25.93
Dec-2 26.14 26.52 26.89 26.00
Dec-3 26.72 28.90 29.04 26.52
Dec-4 28.74 28.82 28.94 28.27

Allegro MicroSystems, Inc. Earnings

Allegro MicroSystems, Inc. Earnings Report: Per Share Allegro MicroSystems, Inc. Earnings Q1 Q2 Q3 and Q4 last year and next year.

Allegro MicroSystems, Inc. Forecast Revenue Growth

Allegro MicroSystems, Inc. Stock Analysis: Historical quarterly revenues per share for Allegro MicroSystems, Inc. and historical quarterly revenue growth:

  • Analysts estimate an earnings decrease this quarter of $0.11 per share, a decrease next quarter of $0.00 per share, a decrease this year of $1.09 per share, and an increase next year of $0.29 per share.

* Allegro MicroSystems, Inc. stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.