ALGM (US) share price forecast & AI signal — Allegro MicroSystems, Inc

Week of 2026-10-30 · Technology

This week's AI signal
BUY
Confidence: Moderate (exact % inside)
1-week: BUY · 3-month: BUY · 1-month: BUY
Last close · 2026-11-06
$28.17
1 wk -7.7% · 1 mo -22.3%
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What the model sees in ALGM

Allegro MicroSystems, Inc is a Technology stock listed on the US. For the week of 2026-10-30 the ACE machine-learning model rates it a BUY with moderate confidence, based on technical indicators and the stock's own historical patterns across three time horizons. The direction is updated every model run.

About Allegro MicroSystems, Inc

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third...

Recent closes

DateClose
2026-11-06$28.17
2026-11-05$26.80
2026-11-04$31.25
2026-11-03$33.66
2026-11-02$32.15
2026-10-30$30.53
2026-10-29$33.03

ALGM FAQ

Is Allegro MicroSystems, Inc (ALGM) a buy or sell this week?

The ACE Stock Bots machine-learning model rates ALGM a BUY for the week of 2026-10-30 with moderate confidence. The exact confidence and the 1-week, 1-month and 3-month breakdown are free with a signup (5 analysis tokens, no card).

What is the AI share price forecast for ALGM?

Every week the model scores ALGM across three horizons using technical indicators and the stock's own historical patterns. An AI then writes a plain-English summary with support and resistance levels, and a bull analyst and a bear analyst argue the case.

Is this financial advice?

No. ACE Stock Bots provides general information generated by software. It does not consider your objectives, financial situation or needs. Read the disclaimer and consider licensed advice before acting.

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Signals are generated by software for general information only and are not a recommendation to buy or sell. See the disclaimer.