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Allegro Microsystems Stock Predictions

Allegro Microsystems Stock Forecast

  • Over the next 52 weeks, Allegro Microsystems has on average historically fallen by 1.8% based on the past 4 years of stock performance.
  • Allegro Microsystems has fallen lower in 2 of those 4 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%
  • Is Allegro Microsystems Stock Undervalued?
    The current Allegro Microsystems [ALGM] share price is $22.33. The Score for ALGM is 41, which is 18% 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 fallen by 1.8% based on the past 4 years of stock performance.

Allegro Microsystems Stock Rating

Sell
41
Allegro Microsystems (ALGM) is a Sell

Is Allegro Microsystems overpriced?

  • Allegro Microsystems has fallen lower in 2 of those 4 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%

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 buying 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:
33.26
52-Week Low:
16.38

Prediction Charts

Market Cap:
4.1B
Price in USD:
22.33
Volume:
3.1M
Beta:
1.58

Technical Analysis

SMA50:
22.78
SMA100:
23.20
SMA200:
22.81
52-Wk Change:
-19.3%

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 22.33 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-22 16.78 16.77 17.15 16.42
Apr-23 17.66 17.52 18.20 17.41
Apr-24 18.06 18.87 19.34 18.00
Apr-25 18.60 19.12 19.31 18.46
Apr-28 18.94 19.23 19.55 18.65
Apr-29 18.76 18.76 19.10 18.58
Apr-30 18.07 19.07 19.13 17.90
May-1 19.39 18.83 19.56 18.81
May-2 19.12 19.55 19.85 19.08
May-5 19.31 19.15 19.49 19.01
May-6 18.45 18.96 19.11 18.30
May-7 18.85 18.69 19.14 18.17
May-8 19.86 21.07 21.51 19.75
May-9 21.51 22.33 22.65 21.41

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 decrease this quarter of $0.08 per share, an increase next quarter of $0.04 per share, a decrease this year of $1.09 per share, and an increase next year of $0.26 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.