ALGM Stock Analysis: Buy, Sell, or Hold?
ALGM - Allegro MicroSystems, Inc. Common Stock
$43.77
1.32 (3.10%)
▲
5d:
+5.47%
30d:
-23.72%
90d:
-8.68%
HOLD
LOW Confidence
Analysis Updated: Aug 7, 2026 12:00 AM ET
Earnings: Jul 30, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: ALGM shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: ALGM shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$47.04
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$29.21
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 25.0x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: ALGM is currently trading at $43.77, which is considered slightly low relative to its 30-day fair value range of $42.43 to $57.15. The stock's valuation (Forward PE: 45.3) is in line with its historical norms (44.9). At these levels, the market is pricing in 0.3% annual earnings growth.
Technical Outlook: Technically, ALGM is in a uptrend. Immediate support is located at $38.15, while resistance sits at $47.62. The stock is showing strong short-term momentum, up 3.1% recently.
Market Sentiment: ALGM scores 90/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $54.36 (+24.2%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, ALGM is in a uptrend. Immediate support is located at $38.15, while resistance sits at $47.62. The stock is showing strong short-term momentum, up 3.1% recently.
Market Sentiment: ALGM scores 90/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $54.36 (+24.2%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$42.43 -
$57.15
Company Quality Score
67/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
98.6%
Protect Your Profits
Holding ALGM? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (90/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+3.1%)
- BULLISH: Trading 24.2% below Wall St target ($54.36)
- BULLISH: Expecting earnings turnaround to 0.3% growth with 27.5% revenue growth
- CAUTION: Bottoming setup, but lagging the sector by 16% over 20 days — wait for relative strength
Trading Range Analysis
30-Day Trading Range
$42.43 -
$57.15
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$38.15
Resistance Level
$47.62
Current Trend
Uptrend
Technical data as of
Aug 7, 2026
Fundamental Context
Forward P/E (Next Year Est.)
45.30
Wall Street Target
$54.36
(+24.2%)
Revenue Growth (YoY)
27.5%
Earnings Growth (YoY)
-48.5%
Profit Margin
1.5%
Valuation Premium vs History
+0.3% premium
PE vs Historical
45.3 vs 44.9
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.3%
(market-implied from PE analysis)
1-Year Target
$43.90
(+0%)
2-Year Target
$44.03
(+1%)
3-Year Target
$44.17
(+1%)
3-Yr Target (if PE normalizes)
(PE: 45→45)
PE COMPRESSION
$43.77
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 45.3, Growth: 82.2%)
$147.72
(+238%)
Base:
(SPY PE: 20.2, Growth: 82.2%)
$65.97
(+51%)
Bear:
(PE: 17.2, Growth: 82.2%)
$56.07
(+28%)
📈
Valuation based on Current Earnings
Forward PE: 43.67 | Forward EPS (Implied): $1.00
Bull Case
$52.85
(+21%)
Analyst growth 15.0%, PE expands to 45.9
Base Case
$43.77
(0%)
Market implied 0.0%, PE stable at 43.7
Bear Case
$33.48
(-24%)
Severe decline -15.0%, PE contracts to 39.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: August 09, 2026 6:04 PM ET
Data refreshes hourly during market hours. Next update: 7:04 PM
Data refreshes hourly during market hours. Next update: 7:04 PM
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Technical Signals Check
Is ALGM showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Professional options setups generated by AI based on today's ALGM price and gamma walls.
