Free Trial
NASDAQ:ALGM

Allegro MicroSystems (ALGM) Stock Price, News & Analysis

Allegro MicroSystems logo
$28.34 -0.07 (-0.25%)
As of 02:46 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Allegro MicroSystems Stock (NASDAQ:ALGM)

Advanced

Key Stats

Today's Range
$28.12
$28.83
50-Day Range
$28.41
$34.37
52-Week Range
$16.38
$38.45
Volume
724,151 shs
Average Volume
2.58 million shs
Market Capitalization
$5.24 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$36.78
Consensus Rating
Moderate Buy

Company Overview

Allegro MicroSystems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
60th Percentile Overall Score

ALGM MarketRank™: 

Allegro MicroSystems scored higher than 60% of companies evaluated by MarketBeat, and ranked 361st out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Allegro MicroSystems has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    Allegro MicroSystems has a consensus price target of $36.78, representing about 29.1% upside from its current price of $28.48.

  • Amount of Analyst Coverage

    Allegro MicroSystems has been the subject of 9 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 Growth

    Earnings for Allegro MicroSystems are expected to grow by 2,500.00% in the coming year, from $0.01 to $0.26 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Allegro MicroSystems is -77.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Allegro MicroSystems is -77.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Allegro MicroSystems has a P/B Ratio of 5.63. 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.
  • Percentage of Shares Shorted

    8.32% of the float of Allegro MicroSystems has been sold short.
  • Short Interest Ratio / Days to Cover

    Allegro MicroSystems has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in Allegro MicroSystems has recently increased by 15.59%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Allegro MicroSystems does not currently pay a dividend.

  • Dividend Growth

    Allegro MicroSystems does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.32% of the float of Allegro MicroSystems has been sold short.
  • Short Interest Ratio / Days to Cover

    Allegro MicroSystems has a short interest ratio ("days to cover") of 5.5.
  • Change versus previous month

    Short interest in Allegro MicroSystems has recently increased by 15.59%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Allegro MicroSystems this week, compared to 8 articles on an average week.
  • Search Interest

    13 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $271,207.00 in company stock.

  • Percentage Held by Insiders

    Only 0.40% of the stock of Allegro MicroSystems is held by insiders.

  • Percentage Held by Institutions

    56.45% 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.

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 Headlines

Alert: Prepare for Trump's Dollar Overhaul
President Trump just signed a game-changing law… That could soon upgrade the U.S. dollar in your checking and savings account… With this better, more technologically advanced dollar. President Trump himself called it a "big innovation"… And said that this new form of currency represents "American brilliance at its best."tc pixel
TD Cowen Sticks to Its Buy Rating for Allegro MicroSystems (ALGM)
See More Headlines

ALGM Stock Analysis - Frequently Asked Questions

Allegro MicroSystems' stock was trading at $21.86 on January 1st, 2025. Since then, ALGM shares have increased by 30.3% and is now trading at $28.4790.

Allegro MicroSystems, Inc. (NASDAQ:ALGM) issued its earnings results on Thursday, July, 31st. The company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.09. The firm's revenue was up 21.9% compared to the same quarter last year.
Read the conference call transcript
.

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.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Allegro MicroSystems investors own include Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Meta Platforms (META), NVIDIA (NVDA) and Charles Schwab (SCHW).

Company Calendar

Last Earnings
7/31/2025
Today
10/03/2025
Next Earnings (Estimated)
10/30/2025
Fiscal Year End
3/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
ELEC COMP - SEMIC
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:ALGM
CIK
866291
Employees
2,300
Year Founded
1990

Price Target and Rating

High Price Target
$42.00
Low Price Target
$30.00
Potential Upside/Downside
+28.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.37)
Trailing P/E Ratio
N/A
Forward P/E Ratio
2,854.20
P/E Growth
N/A
Net Income
-$73.01 million
Net Margins
-9.00%
Pretax Margin
-10.39%
Return on Equity
2.09%
Return on Assets
1.36%

Debt

Debt-to-Equity Ratio
0.34
Current Ratio
3.70
Quick Ratio
2.26

Sales & Book Value

Annual Sales
$725.01 million
Price / Sales
7.28
Cash Flow
$0.44 per share
Price / Cash Flow
65.58
Book Value
$5.06 per share
Price / Book
5.64

Miscellaneous

Outstanding Shares
185,040,000
Free Float
184,300,000
Market Cap
$5.28 billion
Optionable
Optionable
Beta
1.72

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

This page (NASDAQ:ALGM) was last updated on 10/3/2025 by MarketBeat.com Staff
From Our Partners