Allego Stock Target Price and Analyst Consensus

ALLG Stock  USD 1.91  0.01  0.53%   
The current analyst and expert consensus on Allego is Strong Buy, with only one strong buy opinion. The current projected Allego target price consensus is 9.50 with 1 analyst opinions. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The most common way Allego Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Allego executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Allego. We encourage you to use your own analysis of Allego Inc to validate this buy or sell advice. Allego buy-or-sell recommendation module provides average expert sentiment on the projected Allego Inc target price to derive its highest and lowest estimates based on projected price volatility of 14.0597.
Lowest Forecast
8.65
Highest Forecast
10.55
Target Price
9.5
The Allego's current Gross Profit is estimated to increase to about 38 M, while Pretax Profit Margin is projected to decrease to (0.79). At this time, Allego's Current Deferred Revenue is most likely to increase significantly in the upcoming years. The Allego's current Non Current Assets Total is estimated to increase to about 344.3 M, while Short and Long Term Debt Total is projected to decrease to roughly 244.6 M.
  
It's important to approach Allego's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Allego price targets

Allego's stock target price is an estimate of its future price, usually made by analysts. Using Allego's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Allego's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Allego's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Allego Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Allego is a key component of Allego valuation and have some predictive power on the future returns of a Allego.
Hype
Prediction
LowEstimatedHigh
0.091.8715.93
Details
Intrinsic
Valuation
LowRealHigh
0.193.7617.82
Details
Naive
Forecast
LowNextHigh
0.031.6915.75
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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When determining whether Allego Inc is a strong investment it is important to analyze Allego's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allego's future performance. For an informed investment choice regarding Allego Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.