# Allegro MicroSystems, Inc.  Share Price Target ‘$28.23’, now 10.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/allegro-microsystems-inc-share-price-target-28-23-now-10-2-upside-potential/4121187989
- Published: 2025-03-05T12:06:20+00:00
- Author: Charlotte Edwards

**Allegro MicroSystems, Inc.** with ticker code (ALGM) now have 12 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘strong_buy’. The target
price High/Low ranges between $30.00 and $23.00 suggesting an average analyst share
price target price of $28.23. (at the time of writing). Now with the previous closing
price of $25.62 this would imply there is now a potential upside of 10.2%. It’s 
also worth noting that there is a 50 day moving average of $23.76 while the 200 
day moving average is $24.37. The market cap for the company is 4.61B. The current
share price for the company is: $25.04 USD

 The potential market cap would be $5,080,776,017 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $4.07 and
a 1.28% return on assets.

Allegro MicroSystems, Inc. is a global designer, developer, manufacturer, and marketer
of sensor integrated circuits (ICs) and application-specific analog power ICs enabling
the technologies in the automotive and industrial markets. The Company is a supplier
of magnetic sensor IC solutions. It focuses on providing IC solutions to sense, 
regulate and drive a variety of mechanical systems. This includes sensing the angular
or linear position of a shaft or actuator, driving an electric motor or actuator,
and regulating the power applied to sensing and driving circuits. Its sensor ICs
enable its customers to measure motion, speed, position and current, while its power
ICs include high-temperature and high-voltage capable motor driver, power management
and light emitting diode (LED) driver ICs. Its photonics portfolio provides eye-
safe distance measurement and three-dimensional (3D) imaging solutions. It sells
magnetic sensor ICs, power ICs and photonics in the Americas, EMEA and Asia.

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