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Allegro Microsystems Stock Predictions

Allegro Microsystems Stock Forecast

  • Over the next 52 weeks, Allegro Microsystems has on average historically risen by 10.1% based on the past 3 years of stock performance.
  • Allegro Microsystems has risen higher in 1 of those 3 years over the subsequent 52-week period, corresponding to a historical accuracy of 33.33%
  • Is Allegro Microsystems Stock Undervalued?
    The current Allegro Microsystems [ALGM] share price is $29.97. The Score for ALGM is 48, which is 4% below its historic median score of 50, and infers higher risk than normal.
  • ALGM is currently trading in the 40-50% percentile range relative to its historical Stock Score levels.

Will Allegro Microsystems Stock Go Up Next Year?

  • Over the next 52 weeks, Allegro Microsystems has on average historically risen by 10.1% based on the past 3 years of stock performance.

Allegro Microsystems Stock Rating

Sell
48
Allegro Microsystems (ALGM) is a Sell

Is Allegro Microsystems overpriced?

  • Allegro Microsystems has risen higher in 1 of those 3 years over the subsequent 52-week period, corresponding to a historical accuracy of 33.33%

Allegro Microsystems 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 slight selling pressure.

Stock Information

Stock Info

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

52-Week Data

52-Week High:
53.05
52-Week Low:
24.66

Prediction Charts

Market Cap:
5.79B
Price in USD:
29.97
Volume:
702.73K
Beta:
1.74

Technical Analysis

SMA50:
28.44
SMA100:
28.75
SMA200:
31.18
52-Wk Change:
-20.17%

Stock Predictions

  • Is Allegro Microsystems stock public?
    Yes, Allegro Microsystems is a publicly traded company.
  • What is the Allegro Microsystems stock quote today?
    The Allegro Microsystems stock price is 29.97 USD today.
  • How to buy Allegro Microsystems stock online?
    You can buy Allegro Microsystems 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
Apr-16 26.51 27.00 27.26 26.20
Apr-17 27.02 27.17 27.59 27.01
Apr-18 26.94 26.41 26.94 26.07
Apr-19 26.25 26.10 26.61 25.92
Apr-22 26.24 26.23 26.34 25.54
Apr-23 26.13 26.57 26.80 26.13
Apr-24 27.91 28.77 28.81 27.81
Apr-25 28.58 29.13 29.30 28.31
Apr-26 29.05 30.10 30.33 28.98
Apr-29 30.11 30.25 30.53 30.03
Apr-30 29.89 29.67 30.50 29.67
May-1 29.08 28.81 29.79 28.31
May-2 29.48 29.61 29.68 28.64
May-3 30.45 29.97 30.65 29.72

Allegro Microsystems Earnings

Allegro Microsystems Earnings Report: Per Share Allegro Microsystems Earnings Q1 Q2 Q3 and Q4 last year and next year.

Allegro Microsystems Forecast Revenue Growth

Allegro Microsystems Stock Analysis: Historical quarterly revenues per share for Allegro Microsystems and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.05 per share, an increase next quarter of $0.04 per share, an increase this year of $0.05 per share, and a decrease next year of $0.44 per share.

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