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™: 4.705920540115 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 27.02.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 45.65.Price to Earnings Growth RatioAllegro MicroSystems has a PEG Ratio of 1.04. 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 0.64 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 32 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. 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ALGM Stock News HeadlinesNeedham & Company LLC Has Lowered Expectations for Allegro MicroSystems (NASDAQ:ALGM) Stock PriceOctober 31 at 2:45 AM | americanbankingnews.comAllegro (ALGM) Q2 2027 Earnings Call TranscriptOctober 30 at 3:17 PM | finance.yahoo.comYour free stock pick for todayElon Musk doesn't own the chip powering every Tesla, every Starlink dish, and every AI satellite he builds, he licenses it from one overlooked company. That supplier just got a major catalyst. Musk filed to launch 1,000,000 satellites, a move analyst Dylan believes could drive a 100X bigger bill for this chipmaker starting December 8th.October 31 at 1:00 AM | Behind the Markets (Ad)ALGM 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.comAllegro MicroSystems, Inc. (ALGM) Q2 2027 Earnings Call TranscriptOctober 29 at 4:00 PM | seekingalpha.comSee More Headlines ALGM Stock Analysis - Frequently Asked Questions How have ALGM shares performed this year? Allegro MicroSystems' stock was trading at $26.38 on January 1st, 2026. Since then, ALGM stock has 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 earnings results on Thursday, October, 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The business's quarterly revenue 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 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 served 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 Earnings10/29/2026Today10/31/2026Fiscal 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 Oct 25 Jan 26 Apr 26 Jul 26 Oct 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 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.Get This Free Report This page (NASDAQ:ALGM) was last updated on 10/30/2026 by MarketBeat.com Staff. From Our PartnersYour 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 | SponsoredMy public warning after 55 years of watching the marketsDr. Martin D. Weiss has publicly predicted six major American market crashes over his 55-year career, each war...Weiss Ratings | 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. 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