ALGM Stock Analysis: Buy, Sell, or Hold?
ALGM - Allegro MicroSystems, Inc. Common Stock
Smart Money Accumulation
ALGM is down 12.9% this week, but smart money is accumulating calls. Top strike: $50 2026-06-18 with 599 OI. Call ratio: 88% View Scanner →
Get Alerted When ALGM Hits Your Target Price
Join 10,000+ traders who never miss a move
Interactive Price Chart (1 Month)
Loading historical data...
βΈοΈ WAIT FOR STABILIZATION: ALGM is down 12.0% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
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
Technical Outlook: Technically, ALGM is in a uptrend. The price is currently testing key support at $42.00. A bounce from this level would confirm strength, while a break below could signal further downside. Short-term momentum is weak, with the stock down 4.2% recently.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $54.42 (+21.0%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
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
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-4.2%)
- BULLISH: Trading 21.0% below Wall St target ($54.42)
- BULLISH: Expecting earnings turnaround to 4.1% growth with 26.1% revenue growth
- WARNING: Recommendation downgraded due to -12.0% 5-day decline - wait for stabilization
Trading Range Analysis
Support & Resistance Levels
Fundamental Context
Data refreshes hourly during market hours. Next update: 5:06 PM
π₯ Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Is ALGM showing a specific setup today?
Top Rated Semiconductors Stocks
Top-rated stocks in Semiconductors by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
AVGO
Broadcom Inc |
STRONG BUY
42 analysts |
$475 | 61 BUY |
|
NVDA
NVIDIA Corporation |
STRONG BUY
63 analysts |
$269 | 61 BUY |
|
MRVL
Marvell Technology Group⦠|
STRONG BUY
37 analysts |
$130 | 62 BUY |
|
NXPI
NXP Semiconductors NV |
STRONG BUY
32 analysts |
$297 | 62 BUY |
|
MU
Micron Technology Inc |
STRONG BUY
37 analysts |
$556 | 59 HOLD |
Advanced ALGM Option Strategies
Professional options setups generated by AI based on today's ALGM price and gamma walls.