Allegro MicroSystems, Inc. (ALGM)

NASDAQ: ALGM · Real-Time Price · USD
31.29
-0.01 (-0.03%)
At close: Jan 9, 2026, 4:00 PM EST
30.69
-0.60 (-1.92%)
After-hours: Jan 9, 2026, 7:42 PM EST
-0.03%
Market Cap5.79B
Revenue (ttm)788.40M
Net Income (ttm)-28.37M
Shares Out 185.12M
EPS (ttm)-0.16
PE Ration/a
Forward PE42.24
Dividendn/a
Ex-Dividend Daten/a
Volume1,103,006
Open31.59
Previous Close31.30
Day's Range30.89 - 31.59
52-Week Range16.38 - 38.45
Beta1.60
AnalystsStrong Buy
Price Target39.00 (+24.64%)
Earnings DateJan 29, 2026

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 9 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price target is $39.0, which is an increase of 24.64% from the latest price.

Price Target
$39.0
(24.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

How EV And AI Product Cycle Are Fueling Allegro Stock Rally

Allegro Microsystems experienced a surge of +11% after two press releases announced new power-sensing and gate-driver solutions for EVs and AI data centers. This move was significant, gapping up and m...

2 days ago - Forbes

Allegro MicroSystems to Announce Third Quarter Fiscal Year 2026 Financial Results

MANCHESTER, N.H., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal year 2026 prior to the ...

2 days ago - GlobeNewsWire

Allegro MicroSystems Simplifies SiC Power Design for AI Data Centers and EVs with Expanded Power-Thru(TM) Gate Driver Portfolio

New AHV85003/AHV85043 chipset joins the flagship AHV85311 integrated solution with industry's first complete family of noise-eliminating, self-powered SiC gate drivers New AHV85003/AHV85043 chipset jo...

5 days ago - GlobeNewsWire

Allegro MicroSystems Sets New Standard for Efficiency in High-Power Systems with Ultra-Low-Loss Isolated Current Sensor

50 µΩ ACS37200 slashes power loss by 90% and shrinks system size by up to 95% in demanding HEV/EV, industrial, and data center applications 50 µΩ ACS37200 slashes power loss by 90% and shrinks system ...

5 days ago - GlobeNewsWire

Allegro MicroSystems, Inc. (ALGM) Presents at 53rd Annual Nasdaq Investor Conference Transcript

Allegro MicroSystems, Inc. (ALGM) Presents at 53rd Annual Nasdaq Investor Conference Transcript

4 weeks ago - Seeking Alpha

Macquarie Small Cap Value Fund Q3 2025 Portfolio Performance

For 3Q25, the Macquarie Small Cap Value Fund Institutional class shares lagged the stronger return of its benchmark, the Russell 2000 Value Index. Stock selection and an underweight allocation detract...

Other symbols: AXSITGRNMRKSHOOTTMI
5 weeks ago - Seeking Alpha

Allegro MicroSystems to Present at the 53rd Annual Nasdaq Investor Conference held in Association with Morgan Stanley Wednesday, December 10, 2025

MANCHESTER, N.H., Nov. 25, 2025 (GLOBE NEWSWIRE) --  Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy e...

6 weeks ago - GlobeNewsWire

3 Lesser-Known Semiconductor Stocks To Watch

With the rise in AI stocks, many investors focus on a narrow group of well-known semiconductor names; however, there are also under-the-radar companies developing breakthrough technologies that deserv...

Other symbols: AMBASLAB
7 weeks ago - Seeking Alpha

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, ...

2 months 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...

2 months 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...

2 months 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...

3 months 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...

3 months 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...

5 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.

5 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...

5 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 ...

6 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.

6 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
7 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.

7 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 ...

8 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...

8 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.

8 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...

8 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...

8 months ago - GlobeNewsWire