Trending NewsTrending NewsNASDAQ:ALGM Allegro MicroSystems (ALGM) Stock Price, News & Analysis $30.53 -2.50 (-7.57%) Closing price 10/30/2026 04:00 PM EasternExtended Trading$30.66 +0.13 (+0.41%) As of 10/30/2026 07:57 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Allegro MicroSystems Stock (NASDAQ:ALGM) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Allegro MicroSystems alerts:Sign Up Key Stats Today's Range$30.01▼$31.6550-Day Range$30.53▼$39.5352-Week Range$22.41▼$71.77Volume5.00 million shsAverage Volume3.49 million shsMarket Capitalization$5.69 billionP/E Ratio203.55Dividend YieldN/APrice Target$49.33Consensus RatingModerate Buy Company Overview Allegro MicroSystems, Inc. is a semiconductor company that develops and manufactures magnetic sensing and power-management solutions. Its products are designed to help monitor motion, position, speed, current and temperature, as well as control power in electronic systems. The company’s portfolio includes Hall-effect and other magnetic sensors, current sensors, motor drivers, regulators, LED drivers and related integrated circuits. These products are used in automotive applications such as advanced driver-assistance systems, vehicle electrification, powertrain systems, comfort features and safety systems, as well as in industrial and consumer equipment. Founded in 1990 and headquartered in Manchester, New Hampshire, Allegro serves customers globally through its international operations and distribution network. The company became a publicly traded business in 2020. Ravi Vig serves as Allegro MicroSystems’ president and chief executive officer.AI Generated. May Contain Errors. Read More Allegro MicroSystems Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks94th Percentile Overall ScoreALGM MarketRank™: 4.707838789615 of 5 starsAllegro MicroSystems scored higher than 94% of companies evaluated by MarketBeat, and ranked 67th out of 595 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingAllegro MicroSystems has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 1 strong buy rating, 10 buy ratings, 1 hold rating, and 1 sell rating.Upside PotentialAllegro MicroSystems has a consensus price target of $49.33, representing about 61.6% upside from its current price of $30.53.Amount of Analyst CoverageAllegro MicroSystems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Allegro MicroSystems' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth92.31% Earnings GrowthEarnings for Allegro MicroSystems are expected to grow by 92.31% in the coming year, from $0.65 to $1.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegro MicroSystems is 203.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegro MicroSystems is 203.55, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 45.88.Price to Earnings Growth RatioAllegro MicroSystems has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioAllegro MicroSystems has a P/B Ratio of 5.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted5.61% of the float of Allegro MicroSystems has been sold short.Short Interest Ratio / Days to CoverAllegro MicroSystems has a short interest ratio ("days to cover") of 3.39, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allegro MicroSystems has recently decreased by 8.62%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldAllegro MicroSystems does not currently pay a dividend.Dividend GrowthAllegro MicroSystems does not have a long track record of dividend growth. News and Social Media3.3 / 5News Sentiment0.27 News SentimentAllegro MicroSystems has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 33 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.Search Interest7 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat Follows17 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is an increase of 1,600% compared to the previous 30 days. Company Ownership1.4 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Allegro MicroSystems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $101,431.00 in company stock.Percentage Held by Insiders0.50% of the stock of Allegro MicroSystems is held by insiders.Percentage Held by Institutions56.45% of the stock of Allegro MicroSystems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Allegro MicroSystems' insider trading history. Receive ALGM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Allegro MicroSystems and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. ALGM Stock News HeadlinesAllegro MicroSystems (ALGM) Receives a Buy from Morgan StanleyOctober 31 at 9:46 PM | theglobeandmail.comNeedham & Company LLC Has Lowered Expectations for Allegro MicroSystems (NASDAQ:ALGM) Stock PriceOctober 31 at 2:45 AM | americanbankingnews.comLast call for your free 0DTE reportThe 0DTE Game Plan lays out a simple 3-step framework for trading same-day options: Plan it, profit from it, protect it. This report normally sells for 29.97, but it's available as a free download for a limited time.November 1 at 1:00 AM | Profits Run (Ad)Allegro (ALGM) Q2 2027 Earnings Call TranscriptOctober 30 at 3:17 PM | finance.yahoo.comALGM Q3 deep dive: demand momentum, design wins, and capacity constraints shape outlookOctober 30 at 3:17 PM | msn.comUBS Adjusts Price Target on Allegro MicroSystems to $48 From $50, Keeps Buy RatingOctober 30 at 10:15 AM | marketscreener.comMAllegro MicroSystems Sinks 7% Despite Earnings Beat as Demand Signals “Strengthened Significantly”October 30 at 10:15 AM | finance.yahoo.comThese Analysts Cut Their Forecasts On Allegro Microsystems After Q2 ResultsOctober 30 at 9:00 AM | benzinga.comSee More Headlines ALGM Stock Analysis - Frequently Asked Questions How have ALGM shares performed this year? Allegro MicroSystems' stock was trading at $26.38 at the beginning of 2026. Since then, ALGM shares have increased by 15.7% and is now trading at $30.53. How were Allegro MicroSystems' earnings last quarter? Allegro MicroSystems, Inc. (NASDAQ:ALGM) announced its quarterly earnings results on Thursday, October, 29th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. The company's revenue for the quarter was up 29.2% compared to the same quarter last year. Read the conference call transcript. When did Allegro MicroSystems IPO? Allegro MicroSystems (ALGM) raised $325 million in an initial public offering (IPO) on Thursday, October 29th 2020. The company issued 25,000,000 shares at $12.00-$14.00 per share. Barclays, Credit Suisse and Wells Fargo Securities acted as the underwriters for the IPO and Jefferies, Mizuho Securities, Needham & Co. and SMBC Nikko were co-managers. Who are Allegro MicroSystems' major shareholders? Top institutional investors of Allegro MicroSystems include E. Ohman J or Asset Management AB (0.04%), VIRGINIA RETIREMENT SYSTEMS ET Al (0.03%), Yousif Capital Management LLC (0.02%) and Oregon Public Employees Retirement Fund (0.01%). Insiders that own company stock include Electric Co Ltd Sanken, Vineet A Nargolwala, Michael Doogue, Sharon Briansky, Richard Madormo, Erin Hagen, Ian Kent, Richard R Lury, Roald Graham Webster and Susan D Lynch. View institutional ownership trends. How do I buy shares of Allegro MicroSystems? Shares of ALGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Allegro MicroSystems own? Based on aggregate information from My MarketBeat watchlists, some other companies that Allegro MicroSystems investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Super Micro Computer (SMCI), Broadcom (AVGO), Palantir Technologies (PLTR) and Tesla (TSLA). Company Calendar Last Earnings10/29/2026Today11/01/2026Fiscal Year End3/31/2027Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (2m+) 1-Year History Nov 25 Feb 26 May 26 Aug 26 Nov 26 ALGM's financial health is in the Red zone, according to TradeSmith. ALGM has been in this zone for over 2 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTechnology Industry Semiconductors & Semiconductor Equipment Sub-IndustrySemiconductors Current SymbolNASDAQ:ALGM CIK866291 Webwww.allegromicro.com Phone603-626-2300Fax603-641-5336Employees4,250Year Founded1990Price Target and Rating Average Price Target for Allegro MicroSystems$49.33 High Price Target$62.00 Low Price Target$39.00 Potential Upside/Downside+61.6%Consensus RatingModerate Buy Rating Score (0-4)2.85 Research Coverage13 Analysts Profitability EPS (Trailing Twelve Months)$0.15 Trailing P/E Ratio203.55 Forward P/E Ratio46.97 P/E Growth0.96Net Income-$14.90 million Net Margins3.07% Pretax Margin4.27% Return on Equity10.34% Return on Assets7.06% Debt Debt-to-Equity Ratio0.28 Current Ratio4.13 Quick Ratio2.33 Sales & Book Value Annual Sales$890.10 million Price / Sales6.39 Cash Flow$0.67 per share Price / Cash Flow45.27 Book Value$5.39 per share Price / Book5.66Miscellaneous Outstanding Shares186,400,000Free Float185,470,000Market Cap$5.69 billion OptionableOptionable Beta1.99 Social Links Forget Nvidia, Meta, and Google. Here's The New Magnificent Seven.Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.Get This Free Report This page (NASDAQ:ALGM) was last updated on 10/30/2026 by MarketBeat.com Staff. From Our PartnersThe most dangerous moment in a financial crisisDr. Martin D. Weiss has publicly predicted six major American crashes since founding Weiss Ratings in 1971. ...Weiss Ratings | SponsoredThe 401k Email 70 Million Investors Might DeleteAn email announcing a new 401k investment option is headed to roughly 70 million inboxes. Most recipients will...Brownstone Research | SponsoredYour free stock pick for todayElon Musk doesn't own the chip powering every Tesla, every Starlink dish, and every AI satellite he builds, he...Behind the Markets | SponsoredThe investigation Porter spent tens of thousands to documentPorter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experi...Porter & Company | SponsoredCigar Lake Flooded Again Uranium Supply Shock RepeatsIn 2006, a flooded mine at Cigar Lake sent uranium prices from the 50 range to 136 in eight months. This pa...Digest Publishing | SponsoredLast call for your free 0DTE reportThe 0DTE Game Plan lays out a simple 3-step framework for trading same-day options: Plan it, profit from it, p...Profits Run | SponsoredDoes your nest egg have an expiration date?A $250,000 nest egg growing at 5% a year and paying out $2,500 a month runs dry in just over a decade. Start w...Investors Alley | SponsoredThe Claude AI company doubled in value... you missed itIn May, Anthropic raised money at a $965 billion valuation. Now, ahead of its IPO, investors are reportedly di...Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Allegro MicroSystems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Allegro MicroSystems With A Colleague Link copied to clipboard. Unlock superior investment research and tools. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools and reports. Get MarketBeat All Access MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
