Allegro MicroSystems, Inc. (ALGM)

NASDAQ: ALGM · Real-Time Price · USD
27.60
+0.62 (2.30%)
At close: Nov 10, 2025, 4:00 PM EST
27.65
+0.05 (0.18%)
After-hours: Nov 10, 2025, 4:16 PM EST
2.30%
Market Cap5.11B
Revenue (ttm)788.40M
Net Income (ttm)-28.37M
Shares Out 185.12M
EPS (ttm)-0.16
PE Ration/a
Forward PE36.51
Dividendn/a
Ex-Dividend Daten/a
Volume1,553,825
Open27.66
Previous Close26.98
Day's Range26.92 - 27.89
52-Week Range16.38 - 38.45
Beta1.61
AnalystsStrong Buy
Price Target37.40 (+35.61%)
Earnings DateOct 30, 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]

Sector Technology
IPO Date Oct 29, 2020
Employees 4,060
Stock Exchange NASDAQ
Ticker Symbol ALGM
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price target is $37.4, which is an increase of 35.61% from the latest price.

Price Target
$37.4
(35.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Allegro MicroSystems, Inc. (ALGM) Q2 2026 Earnings Call Transcript

Allegro MicroSystems, Inc. ( ALGM) Q2 2026 Earnings Call October 30, 2025 8:30 AM EDT Company Participants Jalene Hoover - Vice President of IR & Corporate Communications Michael Doogue - President, ...

11 days ago - Seeking Alpha

Allegro MicroSystems Reports Second Quarter 2026 Results

MANCHESTER, N.H., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion cont...

11 days ago - GlobeNewsWire

Allegro MicroSystems Unveils Industry's First Production-Ready 10 MHz TMR Current Sensor, Enabling Optimal Protection and Control of Wide Bandgap Power Electronics

New XtremeSense™ TMR current sensor provides the high-fidelity signal needed to master the power conversion signal chain in EVs, clean energy, and data center designs adopting GaN and SiC FETs New Xtr...

20 days ago - GlobeNewsWire

Allegro MicroSystems Appoints Troy Coleman as Senior Vice President, General Manager, Products

MANCHESTER, N.H., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-ef...

27 days ago - GlobeNewsWire

Allegro MicroSystems to Announce Second Quarter Fiscal Year 2026 Financial Results

MANCHESTER, N.H., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its second quarter fiscal year 2026 prior to the...

4 weeks ago - GlobeNewsWire

Allegro MicroSystems: Set For Secular Growth In The Reindustrialization Movement

Allegro MicroSystems is entering a new growth cycle, driven by recovery in Automotive and Industrial & Other segments and global diversification. U.S. reindustrialization, trade deals, and clean energ...

2 months ago - Seeking Alpha

Allegro MicroSystems, Inc. (ALGM) Q1 2026 Earnings Call Transcript

Allegro MicroSystems, Inc. (NASDAQ:ALGM) Q1 2026 Earnings Conference Call July 31, 2025 8:30 AM ET Company Participants Derek P. D'Antilio - Executive VP, CFO & Treasurer Jalene A.

3 months ago - Seeking Alpha

Allegro MicroSystems Reports First Quarter 2026 Results

MANCHESTER, N.H., July 31, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion cont...

3 months ago - GlobeNewsWire

Allegro MicroSystems to Announce First Quarter Fiscal Year 2026 Financial Results

MANCHESTER, N.H., July 10, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2026 prior to the ...

4 months ago - GlobeNewsWire

The Best Growth Stocks to Buy

Growth stocks can create significant returns for investors, but what are they and how do you find the best ones? We take a closer look here.

4 months ago - Kiplinger

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 ...

Other symbols: COHRCRDOMTSI
4 months ago - Benzinga

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.

5 months ago - Benzinga

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 ...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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.

6 months ago - Benzinga

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...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

Other symbols: ON
7 months ago - Reuters

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...

Other symbols: ON
7 months ago - Business Wire

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...

7 months ago - GlobeNewsWire

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.

Other symbols: ON
8 months ago - Benzinga

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...

8 months ago - GlobeNewsWire