Barclays Reiterates Equal-Weight Rating on Allegro MicroSystems, Inc. (ALGM)

Market Context

Allegro MicroSystems, Inc. operates in the Technology sector. The stock currently trades at $30.58 with a market capitalization of $6.8B. The stock has gained 7.7% over the past 52 weeks.

Analyst coverage from Barclays provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Allegro MicroSystems, Inc.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Allegro MicroSystems, Inc.

Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Oct 30, 2026	Barclays	Equal-Weight	N/A
Oct 30, 2026	Evercore ISI Group	Outperform	N/A
Oct 30, 2026	Mizuho	Outperform	N/A
Oct 29, 2026	Needham	Buy	N/A
Oct 20, 2026	Wells Fargo	Overweight	N/A

Related Tools: Analyst Ratings Dashboard | View ALGM Stock Page