What is Wall Street Saying About Allegro MicroSystems (ALGM)?

Allegro MicroSystems, Inc. (NASDAQ:ALGM) is one of the 11 most oversold semiconductor stocks to buy now. What is Wall Street Saying About Allegro MicroSystems (ALGM)? Portogas D Ace/Shutterstock.com As of March 13, 2026, analyst sentiment on Allegro MicroSystems, Inc. (NASDAQ:ALGM) remains robust, as over 90% of covering analysts remain bullish on the stock. The consensus price target of $45 implies approximately 45% upside. Following the company’s analyst day in Boston, Allegro MicroSystems, Inc. (NAS ...