Allegro MicroSystems (ALGM) to Release Earnings on Thursday

Allegro MicroSystems (NASDAQ:ALGM - Get Free Report) is projected to release its Q4 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $185.35 million for the quarter.

Allegro MicroSystems Price Performance

Shares of ALGM stock traded up $0.72 during midday trading on Friday, reaching $19.55. 2,117,099 shares of the company were exchanged, compared to its average volume of 2,487,595. The company's 50 day moving average price is $22.96 and its two-hundred day moving average price is $22.72. The company has a debt-to-equity ratio of 0.40, a quick ratio of 3.00 and a current ratio of 4.91. The company has a market cap of $3.60 billion, a P/E ratio of -55.86 and a beta of 1.53. Allegro MicroSystems has a 12 month low of $16.38 and a 12 month high of $33.26.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Mizuho raised their price objective on shares of Allegro MicroSystems from $28.00 to $31.00 and gave the company an "outperform" rating in a research report on Monday, March 24th. Morgan Stanley upped their price target on Allegro MicroSystems from $21.00 to $23.00 and gave the company an "equal weight" rating in a report on Monday, February 3rd. Needham & Company LLC restated a "buy" rating and issued a $30.00 target price on shares of Allegro MicroSystems in a report on Monday, February 24th. UBS Group dropped their price target on Allegro MicroSystems from $30.00 to $22.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, Barclays decreased their target price on shares of Allegro MicroSystems from $30.00 to $22.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $28.56.

Allegro MicroSystems Company Profile

Allegro MicroSystems, Inc, together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers.