Allegro MicroSystems
ALGM
Market cap $6.8B

36.76 USD

-0.75

2.00%

At close Jul 11, 4:00 PM EDT

After hours

36.78

+0.02

0.05%

1 day

-2.00%

5 days

3.90%

1 month

22.37%

3 months

65.36%

6 months

59.55%

Year to date

61.16%

1 year

17.37%

5 years

107.68%

10 years

107.68%

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 7,312 funds

0

Analysts bullish %

of 7 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

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

Low target

$23

37%

downside

Avg. target

$33

11%

downside

High target

$45

22%

upside

7 analyst ratings

6 positive

86%

1 neutral

14%

0 negative

0%

B of A Securities Vivek Arya	22%upside $45	Action List Buy Maintained	10 Jul 2025
Mizuho Vijay Rakesh	1%upside $37	Outperform Maintained	8 Jul 2025
UBS Timothy Arcuri	14%upside $42	Buy Maintained	7 Jul 2025
Wells Fargo Joseph Quatrochi	10%downside $33	Overweight Maintained	16 Jun 2025
Morgan Stanley Joseph Moore	32%downside $25	Equal-Weight Maintained	9 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about ALGM published over the past 30 days

Allegro MicroSystems to Announce First Quarter Fiscal Year 2026 Financial Results

MANCHESTER, N.H., July 10, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2026 prior to the market open on Thursday, July 31, 2025.

Allegro MicroSystems to Announce First Quarter Fiscal Year 2026 Financial Results

Zacks Investment Research

Will Allegro MicroSystems (ALGM) Beat Estimates Again in Its Next Earnings Report?

Allegro MicroSystems (ALGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Allegro MicroSystems (ALGM) Beat Estimates Again in Its Next Earnings Report?

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

Here is how Allegro MicroSystems, Inc. (ALGM) and Jabil (JBL) 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

Allegro MicroSystems, Inc. (ALGM) Is Up 8.06% in One Week: What You Should Know

Does Allegro MicroSystems, Inc. (ALGM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Allegro MicroSystems, Inc. (ALGM) Is Up 8.06% in One Week: What You Should Know

Which Small And Mid-Cap Chip Stocks Are Set For Big Gains?

On Tuesday, Bank of America Securities (BofA) analyst Vivek Arya highlighted five small and mid-cap (SMid Cap) stocks within his coverage, projecting they could outperform the SOX index over the next year. Notably, the SOX has already seen a strong 5% year-to-date gain compared to the S&P 500's 2%.

Which Small And Mid-Cap Chip Stocks Are Set For Big Gains?

Zacks Investment Research

Surging Earnings Estimates Signal Upside for Allegro MicroSystems (ALGM) Stock

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

Surging Earnings Estimates Signal Upside for Allegro MicroSystems (ALGM) Stock

Allegro MicroSystems Being The Leader In Critical Magnetic Sensors For EVs Justifies Premium Valuation: Analyst

Bank of America Securities (BofA) analyst Vivek Arya has reinstated its coverage of Allegro Microsystems ALGM with a Buy rating and a price forecast of $38 per share.

Allegro MicroSystems Being The Leader In Critical Magnetic Sensors For EVs Justifies Premium Valuation: Analyst

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?

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