Allegro MicroSystems, Inc. (ALGM)
| Market Cap | 7.49B +31.8% |
| Revenue (ttm) | 945.93M +24.2% |
| Net Income | 14.20M |
| EPS | 0.07 |
| Shares Out | 186.40M |
| PE Ratio | 566.84 |
| Forward PE | 35.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 819,061 |
| Open | 42.54 |
| Previous Close | 44.25 |
| Day's Range | 39.74 - 43.05 |
| 52-Week Range | 22.41 - 71.77 |
| Beta | 1.94 |
| Analysts | Strong Buy |
| Price Target | 54.83 (+36.46%) |
| Earnings Date | Jul 30, 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 sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric 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 produc... [Read more]
Financial Performance
In fiscal year 2026, Allegro MicroSystems's revenue was $890.10 million, an increase of 22.77% compared to the previous year's $725.01 million. Losses were -$14.90 million, -79.60% less than in 2025.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price target is $54.83, which is an increase of 36.46% from the latest price.
News
Allegro MicroSystems initiated with a Buy at Benchmark
Benchmark analyst Gary Mobley initiated coverage of Allegro MicroSystems (ALGM) with a Buy rating and $60 price target New cars are becoming “electrically fueled autonomous computers on wheels,” which...
Allegro MicroSystems price target raised to $52 from $51 at Morgan Stanley
Morgan Stanley analyst Joseph Moore raised the firm’s price target on Allegro MicroSystems (ALGM) to $52 from $51 and keeps an Overweight rating on the shares. Allegro echoed peers in…
Allegro MicroSystems price target lowered to $48 from $66 at TD Cowen
TD Cowen lowered the firm’s price target on Allegro MicroSystems (ALGM) to $48 from $66 and keeps a Buy rating on the shares. The firm said expectations were high into…
Allegro MicroSystems price target lowered to $58 from $67 at Mizuho
Mizuho lowered the firm’s price target on Allegro MicroSystems (ALGM) to $58 from $67 and keeps an Outperform rating on the shares.
Allegro MicroSystems Earnings Call Transcript: Q1 2027
Q1 sales grew 27% year-over-year to $259 million, with EPS up 156% and gross margin reaching 51.1%. Data center, automotive, and industrial segments all showed strong growth, with robust design win momentum and expanding backlog. Q2 guidance calls for continued mid-single digit sequential growth in both auto and industrial.
Allegro MicroSystems Earnings release: Q1 2027
Allegro MicroSystems released its Q1 2027 earnings on July 30, 2026, summarizing the period's financial results.
Allegro MicroSystems Slides: Q1 2027
Allegro MicroSystems has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on July 30, 2026.
Allegro MicroSystems Quarterly report: Q1 2027
Allegro MicroSystems has published its Q1 2027 quarterly earnings report on July 30, 2026.
Allegro MicroSystems sees Q2 EPS 23c-26c, consensus 25c
Sees Q2 revenue $265M-$275M, consensus $263.82M.
Allegro MicroSystems reports Q1 EPS 23c, consensus 21c
Reports Q1 revenue $259.24M, consensus $251.73M. “We began fiscal 2027 with strong momentum, delivering our sixth consecutive quarter of sales growth. Fiscal first quarter sales were $259 million, rep...
Allegro MicroSystems Reports First Quarter 2027 Results
MANCHESTER, N.H., July 30, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion cont...
Allegro MicroSystems downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Tom O’Malley downgraded Allegro MicroSystems (ALGM) to Equal Weight from Overweight with an unchanged price target of $48. The firm adjusted ratings in the semiconductor and capital e...
Allegro MicroSystems price target lowered to $66 from $70 at TD Cowen
TD Cowen analyst Joshua Buchalter lowered the firm’s price target on Allegro MicroSystems (ALGM) to $66 from $70 and keeps a Buy rating on the shares. The firm adjusted targets…
Allegro MicroSystems to Announce First Quarter Fiscal Year 2027 Financial Results
MANCHESTER, N.H., July 09, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2027 prior to the ...
Allegro MicroSystems Unveils Industry's First Safety PMIC to Integrate a Wheel-Speed Sensor Interface for Electromechanical Braking
Pairing sensing leadership with a complete ASIL-D safety PMIC architecture, the single-chip A81415 redefines brake-by-wire design while eliminating up to nine components. Pairing sensing leadership wi...
Allegro MicroSystems price target raised to $67 from $54 at Mizuho
Mizuho raised the firm’s price target on Allegro MicroSystems (ALGM) to $67 from $54 and keeps an Outperform rating on the shares. The firm remains positive on the analog market…
Allegro MicroSystems Proxy statement: Proxy filing
Allegro MicroSystems filed a proxy statement on June 24, 2026, providing details for shareholder voting and corporate governance matters.
Allegro MicroSystems Proxy statement: Proxy filing
Allegro MicroSystems filed a proxy statement on June 24, 2026, providing details for shareholder voting and corporate governance matters.
Allegro MicroSystems price target raised to $70 from $55 at TD Cowen
TD Cowen analyst Joshua Buchalter raised the firm’s price target on Allegro MicroSystems (ALGM) to $70 from $55 and keeps a Buy rating on the shares. The firm updated its…
Allegro MicroSystems appoints White to Board of Directors
Allegro MicroSystems (ALGM) announced the appointment of Brian White to Allegro’s Board of Directors as an independent director. White’s appointment was effective on June 17, 2026.
Allegro MicroSystems Appoints Brian White to its Board of Directors
MANCHESTER, N.H., June 18, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced the appointment of Brian C. White to Allegro's Board of Directors (“Board”) as an independ...
Allegro MicroSystems Transcript: TD Cowen's 54th Annual Technology, Media & Telecom Conference
Allegro MicroSystems reported strong FY 2026 growth, driven by automotive, data center, and industrial markets. Strategic focus on ADAS, XEV, and TMR technology is expanding content opportunities, while improved visibility and robust backlog support future growth. Gross margin recovery is underway, with targeted pricing and ample capacity.
Allegro MicroSystems Appoints Robert Willett to its Board of Directors
MANCHESTER, N.H., May 13, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced the appointment of Robert J.
Allegro MicroSystems to Present at TD Cowen's 54th Annual Technology, Media & Telecom Conference on Wednesday, May 27, 2026
MANCHESTER, N.H., May 13, 2026 (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 price target raised to $55 from $52 at UBS
UBS analyst Timothy Arcuri raised the firm’s price target on Allegro MicroSystems (ALGM) to $55 from $52 and keeps a Buy rating on the shares.