Allegro MicroSystems (ALGM)

• Market cap: $5.69B
• 1 day: 2.06%
• 5 days: -0.58%
• 1 month: -0.26%
• 3 months: 0.1%
• 6 months: 14.14%
• Year to date: 34.81%
• 1 year: 33.93%
• 5 years: 73.73%
• 10 years: 73.73%
• Sector: Technology
• Industry: Semiconductors

About: Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions.

Employees: 4,060

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

27% more capital invested

Capital invested by funds: $3.93B [Q1] → $5B (+$1.07B) [Q2]

8% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 102

5.95% less ownership

Funds ownership: 84.91% [Q1] → 78.97% (-5.95%) [Q2]

6% less funds holding

Funds holding: 289 [Q1] → 271 (-18) [Q2]

21% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 68

80% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 1 (-4) [Q2]

87% less call options, than puts

Call options by funds: $33M | Put options by funds: $261M

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30
• Avg. target: $38
• High target: $42

7 analyst ratings

• positive: 6 86%
• neutral: 1 14%
• negative: 0 0%

B of A Securities Vivek Arya	$38	Buy Maintained	5 Sep 2025
Mizuho Vijay Rakesh	$40	Outperform Maintained	1 Aug 2025
Morgan Stanley Joseph Moore	$35	Equal-Weight Maintained	1 Aug 2025
Barclays Blayne Curtis	$30	Overweight Maintained	1 Aug 2025
Needham Quinn Bolton	$37	Buy Maintained	31 Jul 2025