Allegro MicroSystems, Inc. (ALGM)
| Market Cap | 8.21B +135.3% |
| Revenue (ttm) | 890.10M +22.8% |
| Net Income | -14.90M |
| EPS | -0.08 |
| Shares Out | 185.29M |
| PE Ratio | n/a |
| Forward PE | 42.40 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,462,242 |
| Open | 42.27 |
| Previous Close | 41.65 |
| Day's Range | 41.25 - 44.57 |
| 52-Week Range | 22.41 - 51.40 |
| Beta | 2.02 |
| Analysts | Strong Buy |
| Price Target | 54.42 (+22.76%) |
| Earnings Date | May 7, 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]
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 $54.42, which is an increase of 22.76% from the latest price.
News
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.
Allegro MicroSystems price target raised to $53 from $49 at Evercore ISI
Evercore ISI analyst Mark Lipacis raised the firm’s price target on Allegro MicroSystems (ALGM) to $53 from $49 and keeps an Outperform rating on the shares.
Allegro MicroSystems price target raised to $54 from $44 at Mizuho
Mizuho analyst Vijay Rakesh raised the firm’s price target on Allegro MicroSystems (ALGM) to $54 from $44 and keeps an Outperform rating on the shares.
Allegro MicroSystems price target raised to $48 from $46 at Barclays
Barclays analyst Tom O’Malley raised the firm’s price target on Allegro MicroSystems (ALGM) to $48 from $46 and keeps an Overweight rating on the shares.
Allegro MicroSystems price target raised to $62 from $45 at Jefferies
Jefferies analyst Blayne Curtis raised the firm’s price target on Allegro MicroSystems (ALGM) to $62 from $45 and keeps a Buy rating on the shares following Q1 results. The firm…
Allegro MicroSystems reports Q4 EPS 17c, consensus 16c
Reports Q4 revenue $243.19M, consensus $235.94M. “We finished fiscal year 2026 with strong momentum, delivering a fifth consecutive quarter of sales growth at $243 million. Non-GAAP EPS nearly tripled...
Allegro MicroSystems sees Q1 EPS 19c-23c, consensus 20c
Sees Q1 revenue $245M-$255M, consensus $246.9M.
Allegro MicroSystems Earnings Call Transcript: Q4 2026
Delivered strong Q4 and FY26 results with sales up 23% year-over-year and EPS more than doubling. Data Center and Focus Auto segments led growth, with robust design win momentum and a multi-year high backlog. FY27 outlook calls for continued above-market growth and margin expansion.
Allegro MicroSystems Earnings release: Q4 2026
Allegro MicroSystems released its Q4 2026 earnings on May 7, 2026, summarizing the period's financial results.
Allegro MicroSystems Slides: Q4 2026
Allegro MicroSystems has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 7, 2026.
Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2026 Results
Fourth Quarter Sales Increased by 26% Year-over-Year to $243 Million Fiscal Year 2026 Sales Increased by 23% Year-over-Year to $890 Million
Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2026 Financial Results
MANCHESTER, N.H., April 16, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2026 prior t...
Allegro MicroSystems price target raised to $45 from $41 at Needham
Needham raised the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $41 and keeps a Buy rating on the shares. The firm is positive on the company’s Analyst…
Allegro MicroSystems price target raised to $45 from $42 at BofA
BofA raised the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $42 and keeps a Buy rating on the shares after the company issued an “attractive” three to…
Allegro MicroSystems price target raised to $45 from $43 at Jefferies
Jefferies raised the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $43 and keeps a Buy rating on the shares. The company’s margin guide came in lower but…
Allegro MicroSystems Transcript: Investor Day 2026
Sharpened focus on high-growth automotive and industrial markets, with reallocated R&D and sales resources, supports a new model targeting mid-teens sales CAGR, gross margins above 55%, and quadrupled EPS in 3–5 years. Product innovation, customer intimacy, and supply chain resilience drive share gains and margin expansion.
Allegro MicroSystems Slides: FY 2026
Allegro MicroSystems has posted slides in relation to its FY 2026 quarterly earnings report, which was published on February 18, 2026.
Allegro MicroSystems upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded Allegro MicroSystems (ALGM) to Overweight from Equal Weight with a $51 price target The firm says the company “sits at the intersection of cyclical recovery and durable…
Allegro MicroSystems introduces ACS37017 current sensor
Allegro MicroSystems (ALGM) introduced the ACS37017, a new Hall-effect current sensor that sets the industry benchmark for accuracy. With the launch of the ACS37017, Allegro completes a strategic expa...
Allegro MicroSystems Expands Current Sensing Leadership with Industry's Highest Accuracy Magnetic Current Sensor
New ACS37017 completes a strategic portfolio expansion, giving engineers the right tools to master power design's core challenges: Speed, Power Density, and Accuracy. New ACS37017 completes a strategi...
Allegro MicroSystems promotes Kent to SVP, Operations, Haas to CTO
Allegro MicroSystems (ALGM) announced that the company has promoted Ian Kent to Senior Vice President, SVP, Operations and Jamie Haas to Vice President, Chief Technology Officer, CTO. Kent joined Alle...
Allegro MicroSystems Appoints Ian Kent, Senior Vice President, Operations and Jamie Haas Vice President, Chief Technology Officer
MANCHESTER, N.H., Feb. 03, 2026 (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 price target raised to $44 from $40 at UBS
UBS raised the firm’s price target on Allegro MicroSystems (ALGM) to $44 from $40 and keeps a Buy rating on the shares. Allegro reported a beat and raise, but costs…