Allegro MicroSystemsALGM
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] → $4.99B (+$1.06B) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 101
6.04% less ownership
Funds ownership: 84.9% [Q1] → 78.86% (-6.04%) [Q2]
7% less funds holding
Funds holding: 288 [Q1] → 267 (-21) [Q2]
22% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 68
80% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 1 (-4) [Q2]
88% less call options, than puts
Call options by funds: $29.3M | Put options by funds: $236M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Mizuho Vijay Rakesh | 25%upside $40 | Outperform Maintained | 1 Aug 2025 |
Morgan Stanley Joseph Moore | 10%upside $35 | Equal-Weight Maintained | 1 Aug 2025 |
Barclays Blayne Curtis | 6%downside $30 | Overweight Maintained | 1 Aug 2025 |
Needham Quinn Bolton | 16%upside $37 | Buy Maintained | 31 Jul 2025 |
Wells Fargo Joseph Quatrochi | 32%upside $42 | Overweight Maintained | 16 Jul 2025 |
Financial journalist opinion
Based on 6 articles about ALGM published over the past 30 days
