NASDAQ:ALGM Allegro MicroSystems (ALGM) Stock Price, News & Analysis $30.13 -1.58 (-4.98%) Closing price 11/13/2026 04:00 PM EasternExtended Trading$29.72 -0.41 (-1.36%) As of 11/13/2026 07:30 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$29.13▼$31.7550-Day Range$26.80▼$39.5352-Week Range$22.41▼$71.77Volume1.30 million shsAverage Volume3.58 million shsMarket Capitalization$5.62 billionP/E Ratio200.88Dividend YieldN/APrice Target$48.08Consensus RatingModerate Buy Company Overview Allegro MicroSystems designs, develops and manufactures semiconductor devices used to sense and control motion, position, speed and electrical current. Its products include magnetic sensor integrated circuits and power integrated circuits for automotive and industrial applications. The company’s portfolio includes current and position sensors, motor-driver and power-management chips, and solutions for vehicle systems such as electrification, safety and driver assistance. Its products also support industrial automation and other applications that require precise sensing or control. Founded in 1990 and headquartered in Manchester, New Hampshire, Allegro serves customers around the world. Its technologies are used in products ranging from automotive systems to industrial equipment.AI Generated. May Contain Errors. Read More Allegro MicroSystems Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks91st Percentile Overall ScoreALGM MarketRank™: 4.54038082731 of 5 starsAllegro MicroSystems scored higher than 91% of companies evaluated by MarketBeat, and ranked 97th out of 592 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 2.93, and is based on 1 strong buy rating, 11 buy ratings, 2 hold ratings, and no sell ratings.Upside PotentialAllegro MicroSystems has a consensus price target of $48.08, representing about 59.6% upside from its current price of $30.13.Amount of Analyst CoverageAllegro 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 and Valuation3.1 / 5Proj. Earnings Growth89.86% Earnings GrowthEarnings for Allegro MicroSystems are expected to grow by 89.86% in the coming year, from $0.69 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Allegro MicroSystems is 200.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegro MicroSystems is 200.88, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 42.20.Price to Earnings Growth RatioAllegro MicroSystems has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAllegro MicroSystems has a P/B Ratio of 5.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.71% 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 2.75, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allegro MicroSystems has recently increased by 1.77%, indicating that investor sentiment is decreasing. 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 Media3.5 / 5News Sentiment0.59 News SentimentAllegro MicroSystems has a news sentiment score of 0.59. 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 Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.Search Interest6 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows18 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days. Company Ownership0.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Allegro MicroSystems insiders have not sold or bought any 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 initiated with buy rating at Roth due to underappreciated AI growthNovember 13 at 2:40 PM | msn.comAllegro MicroSystems (ALGM) Rides AI And ADAS Momentum, Is It Still 35% Below Fair Value?November 13 at 9:40 AM | finance.yahoo.comI'm handing you this stock todayElon doesn't own the chip inside his Teslas or Starlink dishes. He licenses it from one little known public company. Now he's planning 1,000,000 AI satellites in orbit, and every one could pay this company a royalty. Analyst Dylan says the window to get in closes around December 8th, before new money floods into the buildout.November 14 at 1:00 AM | Behind the Markets (Ad)Qualcomm, Texas Instruments, Nova, Allegro MicroSystems, and Kulicke and Soffa stocks trade up, what you need to knowNovember 12 at 8:25 AM | theglobeandmail.comAllegro MicroSystems, IPG Photonics, Lattice Semiconductor, Entegris, and Broadcom shares skyrocket, what you need to knowNovember 6, 2026 | msn.comSeagate, Western Digital, Vishay Intertechnology, Impinj, and Allegro MicroSystems shares plummet, what you need to knowNovember 5, 2026 | msn.comAllegro MicroSystems Delivers 48V Power and Precision Sensing Solutions for Next-Generation Advanced Driver Assistance SystemsNovember 5, 2026 | globenewswire.comComparing Allegro MicroSystems (NASDAQ:ALGM) and Sequans Communications (NYSE:SQNS)November 4, 2026 | americanbankingnews.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 shares have increased by 14.2% and is now trading at $30.13. How were Allegro MicroSystems' earnings last quarter? Allegro MicroSystems, Inc. (NASDAQ:ALGM) issued its quarterly earnings results on Thursday, October, 29th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The company's revenue was up 29.2% on a year-over-year basis. Read the conference call transcript. When did Allegro MicroSystems IPO? 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. Who are Allegro MicroSystems' major shareholders? Allegro MicroSystems' top institutional investors include State Street Corp (3.29%), First Trust Advisors LP (0.55%), Voya Investment Management LLC (0.54%) and GW&K Investment Management LLC (0.46%). 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), Super Micro Computer (SMCI), Micron Technology (MU), Broadcom (AVGO), Tesla (TSLA) and Palantir Technologies (PLTR). Company Calendar Last Earnings10/29/2026Today11/14/2026Fiscal 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$48.08 High Price Target$62.00 Low Price Target$39.00 Potential Upside/Downside+59.6%Consensus RatingModerate Buy Rating Score (0-4)2.93 Research Coverage14 Analysts Profitability EPS (Trailing Twelve Months)$0.15 Trailing P/E Ratio200.88 Forward P/E Ratio23.00 P/E Growth0.87Net 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 Ratio2.79 Sales & Book Value Annual Sales$890.10 million Price / Sales6.31 Cash Flow$0.64 per share Price / Cash Flow47.02 Book Value$5.38 per share Price / Book5.60Miscellaneous Outstanding Shares186,480,000Free Float185,551,000Market Cap$5.62 billion OptionableOptionable Beta2.05 Social Links 7 Stocks That Could Lead the Next Market BoomTesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. 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