Allegro MicroSystems

ALGM

Market cap $8.91B

Allegro MicroSystems, Inc. (ALGM) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript

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

The consensus price target hints at a 29.6% upside potential for Allegro MicroSystems (ALGM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

MANCHESTER, N.H., May 13, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced the appointment of Robert J.

MANCHESTER, N.H., May 13, 2026 (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 54th Annual Technology, Media & Telecom Conference on Wednesday, May 27, 2026 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 Eastern Time (ET).

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

Allegro MicroSystems, Inc. (ALGM) Q4 2026 Earnings Call Transcript

Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.06 per share a year ago.

Allegro MicroSystems beat Wall Street's targets for its fiscal fourth quarter and with its outlook for the current period.

Fourth Quarter Sales Increased by 26% Year-over-Year to $243 Million Fiscal Year 2026 Sales Increased by 23% Year-over-Year to $890 Million