NASDAQ:ALGM Allegro MicroSystems (ALGM) Stock Price, News & Analysis $31.69 -2.82 (-8.17%) Closing price 10/22/2026 04:00 PM EasternExtended Trading$31.82 +0.13 (+0.40%) As of 08:44 AM 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$31.24▼$33.5850-Day Range$31.62▼$44.3952-Week Range$22.41▼$71.77Volume2.46 million shsAverage Volume2.85 million shsMarket Capitalization$5.91 billionP/E Ratio528.25Dividend YieldN/APrice Target$51.58Consensus 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™ Stocks75th Percentile Overall ScoreALGM MarketRank™: 3.772527032435 of 5 starsAllegro MicroSystems scored higher than 75% of companies evaluated by MarketBeat, and ranked 205th out of 590 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingModerate Buy Consensus RatingAllegro MicroSystems has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 1 strong buy rating, 10 buy ratings, 2 hold ratings, and no sell ratings.Upside PotentialAllegro MicroSystems has a consensus price target of $51.58, representing about 62.8% upside from its current price of $31.69.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 Valuation1.9 / 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 528.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 35.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegro MicroSystems is 528.25, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 63.93.Price to Earnings Growth RatioAllegro MicroSystems has a PEG Ratio of 1.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAllegro MicroSystems has a P/B Ratio of 6.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Allegro MicroSystems' valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.14% 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 4.4.Change versus previous monthShort interest in Allegro MicroSystems has recently increased by 9.06%, indicating that investor sentiment is decreasing 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 Media2.5 / 5News Sentiment-0.05 News SentimentAllegro MicroSystems has a news sentiment score of -0.05. 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 0.50 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 8 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 Follows11 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is an increase of 83% 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)October 22 at 7:15 AM | finance.yahoo.comAllegro MicroSystems (NASDAQ:ALGM) Stock Gets Price Target Reduction from TD CowenOctober 22 at 1:48 AM | americanbankingnews.comYour book attachedBill Poulos is giving away his 'Safe Trade Options Formula' book for free - but only for a limited time through a temporary download link. He plans to charge for it soon. Download your copy now and lock it in at no cost, regardless of future pricing.October 23 at 1:00 AM | Profits Run (Ad)Teradyne, Vishay Intertechnology, Allegro MicroSystems, Entegris, and AMD shares are soaring, what you need to knowOctober 21 at 5:45 PM | msn.comWells Fargo Keeps Their Buy Rating on Allegro MicroSystems (ALGM)October 21 at 7:44 AM | theglobeandmail.comAllegro MicroSystems Unveils 48V Power and Precision Sensing Solutions to Enhance Physical AI in Humanoid RoboticsOctober 20 at 8:30 AM | globenewswire.comAllegro MicroSystems to Announce Second Quarter Fiscal Year 2027 Financial ResultsOctober 8, 2026 | globenewswire.comAllegro's 2026 Outlook: Magnetic Sensor Innovation Powers Automotive Market LeadershipOctober 6, 2026 | finance.yahoo.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 the year. Since then, ALGM stock has increased by 20.1% and is now trading at $31.69. How were Allegro MicroSystems' earnings last quarter? Allegro MicroSystems, Inc. (NASDAQ:ALGM) posted its quarterly earnings results on Thursday, July, 30th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. Allegro MicroSystems's revenue for the quarter was up 27.5% 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 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? Allegro MicroSystems' top institutional investors include E. Ohman J or Asset Management AB (0.04%), Yousif Capital Management LLC (0.02%), Vontobel Holding Ltd. (0.01%) and Counterpoint Mutual Funds LLC (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 Earnings7/30/2026Today10/23/2026Next Earnings (Estimated)10/29/2026Fiscal 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$51.58 High Price Target$62.00 Low Price Target$39.00 Potential Upside/Downside+62.8%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage13 Analysts Profitability EPS (Trailing Twelve Months)$0.06 Trailing P/E Ratio528.25 Forward P/E Ratio48.75 P/E Growth1.09Net Income-$14.90 million Net Margins1.50% Pretax Margin1.32% Return on Equity8.30% Return on Assets5.65% Debt Debt-to-Equity Ratio0.30 Current Ratio3.70 Quick Ratio2.33 Sales & Book Value Annual Sales$890.10 million Price / Sales6.64 Cash Flow$0.62 per share Price / Cash Flow51.17 Book Value$5.16 per share Price / Book6.14Miscellaneous Outstanding Shares186,400,000Free Float185,470,000Market Cap$5.91 billion OptionableOptionable Beta1.99 Social Links Forget Nvidia, Meta, and Google. 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