Allegro MicroSystems

ALGM

Market cap $6.76B

Allegro MicroSystems, Inc. (ALGM) Analyst/Investor Day Transcript

New ACS37017 completes a strategic portfolio expansion, giving engineers the right tools to master power design's core challenges: Speed, Power Density, and Accuracy. New ACS37017 completes a strategic portfolio expansion, giving engineers the right tools to master power design's core challenges: Speed, Power Density, and Accuracy.

Allegro MicroSystems (ALGM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

MANCHESTER, N.H., Feb. 03, 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 has promoted Ian Kent to Senior Vice President, Operations and Jamie Haas to Vice President, Chief Technology Officer.

Allegro MicroSystems Sees Industrials Leading Growth

Allegro MicroSystems shows sequential revenue recovery, but realistic earnings remain weak, with stock trading at demanding 8x sales multiples. Allegro's automotive segment still dominates, while data center exposure—currently just 10% of sales—drives recent investor enthusiasm and aggressive price action. Adjusted earnings are overstated due to significant stock-based compensation; true earnings trend at only $0.20–$0.30 per share.

Allegro MicroSystems, Inc. (ALGM) Q3 2026 Earnings Call Transcript

Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.07 per share a year ago.

MANCHESTER, N.H., Jan. 29, 2026 (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 third quarter ended December 26, 2025.

BofA Securities analyst Vivek Arya said the U.S. semiconductor sector is moving into a more balanced phase, with supply and demand largely aligned and earnings expectations reset, setting up modest upside rather than a sharp rebound in 2026.