Allegro
ALGM
Allegro (ALGM) analyst forecast and price target
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| RBC Capital | Initiated Coverage | Outperform | $50.00 | Oct 2, 2026 |
| Benchmark | Initiated Coverage | Buy | $60.00 | Aug 13, 2026 |
| TD Cowen | Maintained | Buy | $48.00 from $66.00 | Jul 31, 2026 |
| Morgan Stanley | Maintained | Overweight | $52.00 from $51.00 | Jul 31, 2026 |
| Mizuho | Maintained | Outperform | $58.00 from $67.00 | Jul 31, 2026 |
| Needham | Maintained | Buy | $57.00 from $55.00 | Jul 30, 2026 |
| Barclays | Downgraded | Overweight → Equal-Weight | $48.00 | Jul 20, 2026 |
| TD Cowen | Maintained | Buy | $66.00 from $70.00 | Jul 13, 2026 |
| Mizuho | Maintained | Outperform | $67.00 from $54.00 | Jun 29, 2026 |
| TD Cowen | Maintained | Buy | $70.00 from $55.00 | Jun 22, 2026 |
| Mizuho | Maintained | Outperform | $54.00 from $44.00 | May 8, 2026 |
| Evercore ISI Group | Maintained | Outperform | $53.00 from $49.00 | May 8, 2026 |
| Wells Fargo | Maintained | Overweight | $56.00 from $48.00 | May 8, 2026 |
| Barclays | Maintained | Overweight | $48.00 from $46.00 | May 8, 2026 |
| UBS | Maintained | Buy | $55.00 from $52.00 | May 8, 2026 |
| Needham | Maintained | Buy | $55.00 from $45.00 | May 7, 2026 |
| Needham | Maintained | Buy | $45.00 from $41.00 | Feb 19, 2026 |
| Morgan Stanley | Upgraded | Equal-Weight → Overweight | $51.00 | Feb 13, 2026 |
| Wells Fargo | Maintained | Overweight | $48.00 from $45.00 | Feb 11, 2026 |
| Needham | Maintained | Buy | $41.00 from $37.00 | Jan 30, 2026 |
Frequently asked questions
What is the latest analyst rating on ALGM?
On Oct 2, 2026, RBC Capital initiated coverage of Allegro at Outperform with a price target of $50.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.