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NASDAQ:ALGM

Allegro MicroSystems (ALGM) Stock Price, News & Analysis

Allegro MicroSystems logo
$30.13 -1.58 (-4.98%)
Closing price 11/13/2026 04:00 PM Eastern
Extended 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.

About Allegro MicroSystems Stock (NASDAQ:ALGM)

Advanced

Key Stats

Today's Range
$29.13
▼
$31.75
50-Day Range
$26.80
▼
$39.53
52-Week Range
$22.41
▼
$71.77
Volume
1.30 million shs
Average Volume
3.58 million shs
Market Capitalization
$5.62 billion
P/E Ratio
200.88
Dividend Yield
N/A
Price Target
$48.08
Consensus Rating
Moderate 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.

Allegro MicroSystems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
91st Percentile Overall Score

ALGM MarketRank™: 
4.54038082731 of 5 stars

Allegro 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.

  • Consensus Rating

    Allegro 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 Potential

    Allegro MicroSystems has a consensus price target of $48.08, representing about 59.6% upside from its current price of $30.13.

  • 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 89.86% in the coming year, from $0.69 to $1.31 per share.

  • Price to Earnings Ratio vs. the Market

    The 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. Sector

    The 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 Ratio

    Allegro 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 Ratio

    Allegro 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.

  • Percentage of Shares Shorted

    5.71% 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 2.75, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allegro MicroSystems has recently increased by 1.77%, indicating that investor sentiment is decreasing.
  • 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 0.59. 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 Week

    MarketBeat has tracked 6 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.
  • Search Interest

    6 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 Follows

    18 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Allegro MicroSystems insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.50% 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

I'm handing you this stock today
Elon 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.tc pixel
See More Headlines

ALGM Stock Analysis - Frequently Asked Questions

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.

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
.

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 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
.

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 NVIDIA (NVDA), Advanced Micro Devices (AMD), Super Micro Computer (SMCI), Micron Technology (MU), Broadcom (AVGO), Tesla (TSLA) and Palantir Technologies (PLTR).

Company Calendar

Last Earnings
10/29/2026
Today
11/14/2026
Fiscal Year End
3/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Semiconductors & Semiconductor Equipment
Sub-Industry
Semiconductors
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
+59.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
14 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.15
Trailing P/E Ratio
200.88
Forward P/E Ratio
23.00
P/E Growth
0.87
Net Income
-$14.90 million
Net Margins
3.07%
Pretax Margin
4.27%
Return on Equity
10.34%
Return on Assets
7.06%

Debt

Debt-to-Equity Ratio
0.28
Current Ratio
4.13
Quick Ratio
2.79

Sales & Book Value

Annual Sales
$890.10 million
Price / Sales
6.31
Cash Flow
$0.64 per share
Price / Cash Flow
47.02
Book Value
$5.38 per share
Price / Book
5.60

Miscellaneous

Outstanding Shares
186,480,000
Free Float
185,551,000
Market Cap
$5.62 billion
Optionable
Optionable
Beta
2.05

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This page (NASDAQ:ALGM) was last updated on 11/13/2026 by MarketBeat.com Staff.
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