Allegro MicroSystems, Inc. (ALGM)
| Market Cap | 5.25B +3.4% |
| Revenue (ttm) | 1.01B +27.9% |
| Net Income | 30.94M |
| EPS | 0.17 |
| Shares Out | 186.48M |
| PE Ratio | 169.07 |
| Forward PE | 22.06 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,557,211 |
| Open | 29.18 |
| Previous Close | 26.80 |
| Day's Range | 27.35 - 29.18 |
| 52-Week Range | 22.41 - 71.77 |
| Beta | 2.05 |
| Analysts | Strong Buy |
| Price Target | 48.85 (+73.41%) |
| Earnings Date | Oct 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 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 $48.85, which is an increase of 73.41% from the latest price.
News
Allegro MicroSystems Delivers 48V Power and Precision Sensing Solutions for Next-Generation Advanced Driver Assistance Systems
MANCHESTER, N.H., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient system...
Allegro MicroSystems price target lowered to $40 from $53 at Evercore ISI
Evercore ISI lowered the firm’s price target on Allegro MicroSystems (ALGM) to $40 from $53 and keeps an Outperform rating on the shares.
Allegro MicroSystems price target lowered to $48 from $50 at UBS
UBS lowered the firm’s price target on Allegro MicroSystems (ALGM) to $48 from $50 and keeps a Buy rating on the shares.
Allegro MicroSystems price target lowered to $46 from $58 at Mizuho
Mizuho analyst Vijay Rakesh lowered the firm’s price target on Allegro MicroSystems (ALGM) to $46 from $58 and keeps an Outperform rating on the shares.
Allegro MicroSystems price target lowered to $45 from $48 at Barclays
Barclays analyst Tom O’Malley lowered the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $48 and keeps an Equal Weight rating on the shares.
Allegro MicroSystems Earnings Call Transcript: Q2 2027
Q2 sales rose 29% YoY to $277M, with record design wins and stronger automotive and industrial demand. FY27 data-center sales are expected to more than double, while Q3 guidance implies 23% YoY revenue growth.
Allegro MicroSystems Earnings release: Q2 2027
Allegro MicroSystems released its Q2 2027 earnings on October 29, 2026, summarizing the period's financial results.
Allegro MicroSystems Slides: Q2 2027
Allegro MicroSystems has posted slides in relation to its Q2 2027 quarterly earnings report, which was published on October 29, 2026.
Allegro MicroSystems Quarterly report: Q2 2027
Allegro MicroSystems has published its Q2 2027 quarterly earnings report on October 29, 2026.
Allegro MicroSystems sees Q3 EPS 25c-29c, consensus 26c
Sees Q3 revenue $278M-$288M, consensus $276.76M. Sees Q3 operating expenses $87M +/- $1M. “During the quarter, we also continued to execute on our strategic priorities of expanding profitability and g...
Allegro MicroSystems reports Q3 EPS 26c, consensus 24c
Reports Q3 revenue $276.88M, consensus $270.87M. “We saw continued strong momentum in our fiscal second quarter, delivering our seventh consecutive quarter of sequential sales growth. Sales were $277 ...
Allegro MicroSystems reports Q2 EPS 26c, consensus 24c
Reports Q2 revenue $276.88M, consensus $270.87M. “We saw continued strong momentum in our fiscal second quarter, delivering our seventh consecutive quarter of sequential sales growth. Sales were $277 ...
Allegro MicroSystems Reports Second Quarter 2027 Results
Second Quarter Sales Increased by 29% Year-over-Year to $277 Million Record Industrial & Other and Data Center Sales GAAP EPS Quadrupled and Non-GAAP EPS Doubled Year-over-Year MANCHESTER, N.H., Oct. ...
Allegro MicroSystems Introduces New Power and Cooling Solutions for Sustainable 800V AI Data Centers
New products boost energy efficiency and power density as data centers transition to 800V power distribution and 48V cooling architectures. New products boost energy efficiency and power density as da...
Allegro MicroSystems Unveils 48V Power and Precision Sensing Solutions to Enhance Physical AI in Humanoid Robotics
New portfolio addresses critical size, weight, and safety challenges in humanoid robots, as Sarcomere Dynamics collaboration enables near-human dexterity New portfolio addresses critical size, weight,...
Allegro MicroSystems price target lowered to $45 from $56 at Wells Fargo
Wells Fargo lowered the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $56 and keeps an Overweight rating on the shares. While sentiment across analog semis has somewhat…
Allegro MicroSystems to Announce Second Quarter Fiscal Year 2027 Financial Results
MANCHESTER, N.H., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its second quarter fiscal year 2027 prior to the...
Allegro MicroSystems initiated with an Outperform at RBC Capital
RBC Capital initiated coverage of Allegro MicroSystems (ALGM) with an Outperform rating and $50 price target Allegro is the leader in magnetic position and current sensing integrated circuits and has…
Allegro MicroSystems management to meet virtually with Benchmark
Virtual Meeting to be held on September 3 at 11 am hosted by Benchmark.
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.