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NASDAQ:ALGM

Allegro MicroSystems (ALGM) Stock Price, News & Analysis

Allegro MicroSystems logo
$50.11 +2.24 (+4.68%)
As of 11:37 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Allegro MicroSystems Stock (NASDAQ:ALGM)

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Key Stats

Today's Range
$46.01
$47.59
50-Day Range
$28.04
$51.37
52-Week Range
$22.41
$52.80
Volume
2.14 million shs
Average Volume
2.63 million shs
Market Capitalization
$9.33 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$51.80
Consensus Rating
Moderate Buy

Company Overview

Allegro MicroSystems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
69th Percentile Overall Score

ALGM MarketRank™: 

Allegro MicroSystems scored higher than 69% of companies evaluated by MarketBeat, and ranked 213th out of 629 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 2.75, and is based on no strong buy ratings, 10 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside/Downside

    The consensus price target for Allegro MicroSystems is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Allegro 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 Growth

    Earnings for Allegro MicroSystems are expected to grow by 75.32% in the coming year, from $0.77 to $1.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Allegro MicroSystems is -542.15, 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 -542.15, 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 9.62. 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

    5.66% 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 3.45, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allegro MicroSystems has recently decreased by 5.12%, indicating that investor sentiment is improving 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.

  • News Sentiment

    Allegro MicroSystems has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.
  • Search Interest

    17 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 $2,950,114.00 in company stock.

  • Percentage Held by Insiders

    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.
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ALGM Stock News Headlines

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ALGM Stock Analysis - Frequently Asked Questions

Allegro MicroSystems' stock was trading at $26.38 at the beginning of the year. Since then, ALGM stock has increased by 88.2% and is now trading at $49.6450.

Allegro MicroSystems, Inc. (NASDAQ:ALGM) announced its earnings results on Thursday, May, 7th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company's revenue for the quarter was up 26.1% compared to the same quarter last year.
Read the conference call transcript
.

Allegro MicroSystems (ALGM) raised $325 million in an 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.

Allegro MicroSystems' top institutional shareholders include Dimensional Fund Advisors LP (1.17%), Principal Financial Group Inc. (0.97%), Segall Bryant & Hamill LLC (0.56%) and Bank of America Corp DE (0.46%). Insiders that own company stock include Electric Co Ltd Sanken, Vineet A Nargolwala, Michael Doogue, Derek D'antilio, Sharon Briansky, Ian Kent, Richard R Lury, Joseph R Martin, Roald Graham Webster and Susan D Lynch.
View institutional ownership trends
.

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
5/07/2026
Today
6/02/2026
Next Earnings (Estimated)
7/30/2026
Fiscal Year End
3/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
ELEC COMP - SEMIC
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:ALGM
CIK
866291
Employees
4,250
Year Founded
1990

Price Target and Rating

High Price Target
$62.00
Low Price Target
$39.00
Potential Upside/Downside
+2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.09)
Trailing P/E Ratio
N/A
Forward P/E Ratio
65.41
P/E Growth
N/A
Net Income
-$14.90 million
Net Margins
-1.67%
Pretax Margin
-1.67%
Return on Equity
6.09%
Return on Assets
4.11%

Debt

Debt-to-Equity Ratio
0.30
Current Ratio
3.45
Quick Ratio
2.21

Sales & Book Value

Annual Sales
$890.10 million
Price / Sales
10.54
Cash Flow
$0.71 per share
Price / Cash Flow
70.99
Book Value
$5.16 per share
Price / Book
9.76

Miscellaneous

Outstanding Shares
186,222,000
Free Float
185,477,000
Market Cap
$9.38 billion
Optionable
Optionable
Beta
1.98

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This page (NASDAQ:ALGM) was last updated on 6/2/2026 by MarketBeat.com Staff.
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