Allegro MicroSystems, Inc. (ALGM)
Market Cap | 6.19B |
Revenue (ttm) | 725.01M |
Net Income (ttm) | -73.01M |
Shares Out | 184.90M |
EPS (ttm) | -0.39 |
PE Ratio | n/a |
Forward PE | 66.41 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,781,049 |
Open | 33.20 |
Previous Close | 32.94 |
Day's Range | 33.06 - 34.30 |
52-Week Range | 16.38 - 34.30 |
Beta | 1.67 |
Analysts | Strong Buy |
Price Target | 29.13 (-13.04%) |
Earnings Date | Jul 31, 2025 |
About ALGM
Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific 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, 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 autom... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price forecast is $29.13, which is a decrease of -13.04% from the latest price.
News

Which Small And Mid-Cap Chip Stocks Are Set For Big Gains?
On Tuesday, Bank of America Securities (BofA) analyst Vivek Arya highlighted five small and mid-cap (SMid Cap) stocks within his coverage, projecting they could outperform the SOX index over the next ...

Allegro MicroSystems Being The Leader In Critical Magnetic Sensors For EVs Justifies Premium Valuation: Analyst
Bank of America Securities (BofA) analyst Vivek Arya has reinstated its coverage of Allegro Microsystems ALGM with a Buy rating and a price forecast of $38 per share.

Allegro MicroSystems: Turnaround Potential Targeting $12 Billion Market Opportunity (Rating Downgrade)
Allegro MicroSystems is in a turnaround phase under new CEO Mike Doogue, focusing on innovation and SAM expansion to drive long-term growth. Recent results remain weak, but sequential improvements in ...

Allegro MicroSystems to Present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025
MANCHESTER, N.H., May 15, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy eff...

These Analysts Revise Their Forecasts On Allegro MicroSystems After Q4 Results
Allegro MicroSystems, Inc. ALGM reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.

Allegro MicroSystems, Inc. (ALGM) Q4 2025 Earnings Call Transcript
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Q4 2025 Earnings Call May 8, 2025 8:30 AM ET Company Participants Jalene Hoover - Investor Relations Mike Duke - President and Chief Executive Officer Derek D...

Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2025 Results
MANCHESTER, N.H., May 08, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion contr...

Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2025 Financial Results
MANCHESTER, N.H., April 17, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2025 prior t...

Allegro Issues Statement
MANCHESTER, N.H., April 15, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ: ALGM) ("Allegro" or the "Company") today issued the following statement regarding Onsemi's withdrawal of its un...

Allegro MicroSystems: Revolutionizing Clean Energy Generation, Distribution and Storage with New XtremeSense TMR Current Sensors
MANCHESTER, N.H., April 14, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient syste...

Onsemi shelves $6.9 billion offer to buy Allegro MicroSystems
U.S chipmaker Onsemi said on Monday it was withdrawing its $6.9 billion offer for Allegro MicroSystems , a month after the semiconductor solutions provider rebuffed the latest offer from its larger ri...

onsemi Withdraws Proposal to Acquire Allegro MicroSystems
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today announced that it has terminated its efforts to acquire Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) and withdrawn its all-cash p...

Allegro MicroSystems Expands Motor Control and Thermal Management Solutions to Capitalize on Growing e-Mobility and Automation Markets
New current sensors and fan driver ICs deliver improved performance and energy efficiency for automotive and industrial applications New current sensors and fan driver ICs deliver improved performance...

ON Semi Joins Top Chip Picks As Tesla Gains And Allegro Deal Signal Upside
Following his industry update report, BofA Securities analyst Vivek Arya spotlighted his three diversified semiconductor top picks on Friday.

Allegro MicroSystems Appoints Rick Madormo as Senior Vice President of Worldwide Sales
MANCHESTER, N.H., March 12, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-e...

Allegro Stock Jumps as Chip Maker Rejects Onsemi's $35.10 Per Share Bid
Shares of power chips maker Allegro Microsystems (ALGM) jumped Thursday in intraday trading after it rejected the latest bid by its larger rival ON Semiconductor (ON), also known as Onsemi, describing...

Onsemi Discloses Offer to Acquire Allegro MicroSystems
Allegro MicroSystems said On Semiconductor's recent acquisition offer that values it at $6.9 billion is “inadequate.”

Allegro Confirms Receipt of Unsolicited Proposal from onsemi
MANCHESTER, N.H., March 06, 2025 (GLOBE NEWSWIRE) -- Allegro (NASDAQ: ALGM) ("Allegro" or the "Company") today confirmed that it received an unsolicited proposal from onsemi to acquire Allegro for $35...

Onsemi proposes to acquire Allegro Microsystems in all-cash transaction
Onsemi said on Wednesday that it proposed to acquire sensor integrated circuits provider Allegro Microsystems for $35.10 per share in an all-cash transaction.

onsemi Proposes to Acquire Allegro MicroSystems for $35.10 Per Share in Cash
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today disclosed details of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) to acquire th...

Allegro MicroSystems Appoints Mike Doogue as President and Chief Executive Officer
MANCHESTER, N.H., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor solutions for motion control and energy-eff...

Allegro MicroSystems to Present at Morgan Stanley's Technology, Media & Telecom Conference on March 4, 2025
MANCHESTER, N.H., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy ef...

Allegro MicroSystems Appoints Dr. Krishna Palepu to its Board of Directors
MANCHESTER, N.H., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor solutions for motion control and energy-eff...

Allegro MicroSystems, Inc. (ALGM) Q3 2025 Earnings Call Transcript
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Q3 2025 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Jalene Hoover - Vice President of Investor Relations and Corporate Communica...

Allegro MicroSystems to Announce Third Quarter Fiscal 2025 Financial Results
MANCHESTER, N.H., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal 2025 prior to the marke...