Allegro MicroSystems, Inc. (ALGM)

Market Cap	3.66B
Revenue (ttm)	772.76M
Net Income (ttm)	-65.33M
Shares Out	184.13M
EPS (ttm)	-0.35
PE Ratio	n/a
Forward PE	51.11
Dividend	n/a
Ex-Dividend Date	n/a

Volume	7,005,534
Open	20.26
Previous Close	22.01
Day's Range	19.08 - 20.98
52-Week Range	18.34 - 33.26
Beta	1.53
Analysts	Strong Buy
Price Target	29.78 (+49.8%)
Earnings Date	May 8, 2025

About ALGM

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator 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 mar...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Oct 29, 2020
• Employees: 4,593
• Stock Exchange: NASDAQ
• Ticker Symbol: ALGM
• Website: https://www.allegromicro.com/en

Financial Performance

In 2023, Allegro MicroSystems's revenue was $1.05 billion, an increase of 7.78% compared to the previous year's $973.65 million. Earnings were $152.70 million, a decrease of -18.50%.

Analyst Forecast

According to 9 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price forecast is $29.78, which is an increase of 49.80% from the latest price.

Price Target

$29.78

(49.80% upside)

Analyst Consensus: Strong Buy