Allegro MicroSystems
ALGM
Market cap $5.3B

28.65 USD

-1.24

4.15%

At close Jun 13, 4:00 PM EDT

After hours

28.65

+0.00

0.00%

1 day

-4.15%

5 days

-2.12%

1 month

8.94%

3 months

9.18%

6 months

30.23%

Year to date

25.60%

1 year

-1.61%

5 years

61.86%

10 years

61.86%

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

Technology Semiconductors

0

Funds holding %

of 7,296 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

150% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 5 (+3) [Q1 2025]

100% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 35

32% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 79

26% more capital invested

Capital invested by funds: $3.11B [Q4 2024] → $3.93B (+$823M) [Q1 2025]

13% more funds holding

Funds holding: 254 [Q4 2024] → 287 (+33) [Q1 2025]

7.67% more ownership

Funds ownership: 77.22% [Q4 2024] → 84.89% (+7.67%) [Q1 2025]

51% less call options, than puts

Call options by funds: $38.2M | Put options by funds: $78.8M

See Fund Rankings

Research analyst outlook

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

Low target

$23

20%

downside

Avg. target

$26

10%

downside

High target

$31

8%

upside

5 analyst ratings

4 positive

80%

1 neutral

20%

0 negative

0%

Morgan Stanley Joseph Moore	13%downside $25	Equal-Weight Maintained	9 Jun 2025
UBS Timothy Arcuri	13%downside $25	Buy Maintained	9 May 2025
Barclays Blayne Curtis	20%downside $23	Overweight Maintained	9 May 2025
Needham Quinn Bolton	13%downside $25	Buy Maintained	9 May 2025
Mizuho Vijay Rakesh	8%upside $31	Outperform Maintained	24 Mar 2025

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about ALGM published over the past 30 days

Zacks Investment Research

Should You Buy Allegro MicroSystems, Inc. (ALGM) After Golden Cross?

Allegro MicroSystems, Inc. (ALGM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ALGM's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

Should You Buy Allegro MicroSystems, Inc. (ALGM) After Golden Cross?

Zacks Investment Research

Is the Options Market Predicting a Spike in Allegro MicroSystems (ALGM) Stock?

Investors need to pay close attention to Allegro MicroSystems (ALGM) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Allegro MicroSystems (ALGM) Stock?

Zacks Investment Research

Earnings Estimates Rising for Allegro MicroSystems (ALGM): Will It Gain?

Allegro MicroSystems (ALGM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Allegro MicroSystems (ALGM): Will It Gain?

Allegro MicroSystems: Turnaround Potential Targeting $12 Billion Market Opportunity (Rating Downgrade)

Allegro MicroSystems is in a turnaround phase under new CEO Mike Doogue, focusing on innovation and SAM expansion to drive long-term growth. Recent results remain weak, but sequential improvements in sales, bookings, and inventory reductions signal early signs of recovery. The company targets double-digit sales growth, gross margins of 58%+, and operating margins of 32%+ by leveraging new products and cost innovations.

Allegro MicroSystems: Turnaround Potential Targeting $12 Billion Market Opportunity (Rating Downgrade)

Allegro MicroSystems to Present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025

MANCHESTER, N.H., May 15, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025 at the InterContinental New York Barclay in New York, NY. Derek D'Antilio, EVP and Chief Financial Officer, is scheduled to participate in a fireside chat at 1:15 PM ET.

Allegro MicroSystems to Present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025

These Analysts Revise Their Forecasts On Allegro MicroSystems After Q4 Results

Allegro MicroSystems, Inc. ALGM reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.

These Analysts Revise Their Forecasts On Allegro MicroSystems After Q4 Results

Allegro MicroSystems, Inc. (ALGM) Q4 2025 Earnings Call Transcript

Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q4 2025 Earnings Call May 8, 2025 8:30 AM ET Company Participants Jalene Hoover - Investor Relations Mike Duke - President and Chief Executive Officer Derek D'Antilio - Chief Financial Officer Conference Call Participants Timothy Arcuri - UBS Joe Quattrochi - Wells Fargo Gary Mobley - Loop Capital Chris Caso - Wolfe Research Joshua Buchalter - TD Cowen Vijay Rakesh - Mizuho Quinn Bolton - Needham & Company Joseph Moore - Morgan Stanley Operator Good morning and welcome to the Allegro MicroSystems Fourth Quarter and Full Fiscal Year 2025 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Allegro MicroSystems, Inc. (ALGM) Q4 2025 Earnings Call Transcript

Zacks Investment Research

Allegro MicroSystems, Inc. (ALGM) Beats Q4 Earnings and Revenue Estimates

Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.25 per share a year ago.

Allegro MicroSystems, Inc. (ALGM) Beats Q4 Earnings and Revenue Estimates

Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2025 Results

MANCHESTER, N.H., May 08, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its fourth quarter and full fiscal year ended March 28, 2025.

Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2025 Results

Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2025 Financial Results

MANCHESTER, N.H., April 17, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2025 prior to the market open on Thursday, May 8, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D'Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook.

Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2025 Financial Results

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