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Allegro MicroSystems

ALGM

Market cap $5.89B

31.62 USD

-0.74

2.29%

At close Updated Oct 16, 4:00 PM EDT

Pre-market

After hours

31.75

+0.13

0.41%

1 day

-2.29%

5 days

-9.66%

1 month

-4.24%

3 months

-32.89%

6 months

-17.27%

Year to date

17.5%

1 year

7.81%

5 years

1.05%

10 years

78.64%

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: 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. Product-wise, the firm derives the majority of its revenue from sales of Magnetic sensors.

Employees: 4,250

Technology Semiconductors

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 57.1%

Neutral 42.9%

Negative 0%

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 market open on Thursday, October 29, 2026.

Allegro MicroSystems to Announce Second Quarter Fiscal Year 2027 Financial Results

Zacks Investment Research

Strength Seen in Allegro MicroSystems (ALGM): Can Its 8.7% Jump Turn into More Strength?

Allegro MicroSystems (ALGM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Allegro MicroSystems (ALGM): Can Its 8.7% Jump Turn into More Strength?

Allegro MicroSystems: Three Tailwinds, One Stock

Allegro MicroSystems' overexposure to a stagnant automotive segment has limited growth and operating leverage, resulting in a disappointing stock performance over the last 5 years. The expansion of autonomy, AI data centers, and humanoids will serve as a growth accelerant for ALGM, as more of its chips will be needed per product. I am bullish on ALGM and set a price target of $118/share based on management hitting its 3-5 year guidance of mid-teens growth, which will drive operating leverage to 32% margins.

Allegro MicroSystems: Three Tailwinds, One Stock

Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally

Investors often feel forced to pick between companies that are dependable, with steady returns but fewer opportunities for growth, and those that have strong growth potential but run the risk of volatility. Though rare, there are some firms that exist at the intersection of both stability and potential for returns.

Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally

Invesco Small Cap Value Fund Q2 2026 Portfolio Activity

Teleflex management's efforts to simplify the business and return capital to shareholders should, in our view, create an opportunity for valuation improvement. Given Orion stock's recent strength, we opted to sell the position to fund other opportunities that we believe have better potential upside to intrinsic value. MKS stock's strong performance reflected broad-based AI investment demand and ongoing spending on advanced computing infrastructure.

Invesco Small Cap Value Fund Q2 2026 Portfolio Activity

Zacks Investment Research

Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?

Here is how Allegro MicroSystems, Inc. (ALGM) and Fortinet (FTNT) have performed compared to their sector so far this year.

Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?

Zacks Investment Research

ALGM Q1 Earnings Call Highlights AI Data Center Growth

Allegro sees AI data center demand surge, with expanding design wins, backlog growth and content opportunities in electrification and automation.

ALGM Q1 Earnings Call Highlights AI Data Center Growth

Zacks Investment Research

ALGM Q1 Earnings Beat Estimates on Data Center Strength

Allegro beats Q1'27 estimates as record Data Center sales, stronger bookings and margin gains drive 27.5% revenue growth and a robust Q2 outlook.

ALGM Q1 Earnings Beat Estimates on Data Center Strength

Allegro MicroSystems, Inc. (ALGM) Q1 2027 Earnings Call Transcript

Allegro MicroSystems, Inc. (ALGM) Q1 2027 Earnings Call Transcript

Allegro MicroSystems, Inc. (ALGM) Q1 2027 Earnings Call Transcript

Allegro MicroSystems Q1 Earnings Call Highlights

Allegro MicroSystems NASDAQ: ALGM reported first-quarter fiscal 2027 sales of $259 million, exceeding the high end of its guidance range and rising 7% sequentially and 27% from a year earlier. Non-GAAP earnings per share reached $0.23, up 35% sequentially and 156% year over year, as the company cited operating leverage, product mix and early contributions from pricing actions.

Allegro MicroSystems Q1 Earnings Call Highlights

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