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NASDAQ:ALGM

Allegro MicroSystems (ALGM) Stock Price, News & Analysis

Allegro MicroSystems logo
$32.54 +1.08 (+3.42%)
As of 10:08 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Allegro MicroSystems Stock (NASDAQ:ALGM)

Key Stats

Today's Range
$31.76
$32.51
50-Day Range
$29.81
$37.51
52-Week Range
$16.38
$38.45
Volume
149,832 shs
Average Volume
2.74 million shs
Market Capitalization
$6.02 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$37.56
Consensus Rating
Moderate Buy

Company Overview

Allegro MicroSystems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
74th Percentile Overall Score

ALGM MarketRank™: 

Allegro MicroSystems scored higher than 74% of companies evaluated by MarketBeat, and ranked 240th out of 664 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 2.90, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

  • 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 -85.02, 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 -85.02, 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 6.30. 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

    6.62% 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 3.7, 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 32.89%, 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.

  • Percentage of Shares Shorted

    6.62% 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 3.7, 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 32.89%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Allegro MicroSystems has a news sentiment score of 1.39. 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 higher news sentiment than the 0.94 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Allegro MicroSystems this week, compared to 8 articles on an average week.
  • Search Interest

    Only 2 people have searched for ALGM on MarketBeat in the last 30 days. This is a decrease of -71% 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.
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ALGM Stock News Headlines

Allegro MicroSystems (NASDAQ:ALGM) CAO Sells $271,207.46 in Stock
Everyone’s watching Nvidia right now. Here’s why I’m excited.
So, unless you’ve been living under a rock, you probably saw the news… Nvidia just signed a $7 BILLION deal with Saudi Arabia to power its new AI empire 🤯 We’re talking about hundreds of thousands of chips, including their latest Grace Blackwell supercomputer.tc pixel
1 Small-Cap Stock with Exciting Potential and 2 We Question
Allegro MicroSystems Holds Annual Shareholders Meeting
See More Headlines

ALGM Stock Analysis - Frequently Asked Questions

Allegro MicroSystems' stock was trading at $21.86 at the start of the year. Since then, ALGM stock has increased by 43.9% and is now trading at $31.46.

Allegro MicroSystems, Inc. (NASDAQ:ALGM) released its earnings results on Thursday, July, 31st. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09. Allegro MicroSystems's revenue was up 21.9% on a year-over-year basis.
Read the conference call transcript
.

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 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 JPMorgan Chase & Co. (4.33%), Invesco Ltd. (3.38%), State Street Corp (2.81%) and Bank of America Corp DE. Insiders that own company stock include Electric Co Ltd Sanken, Skna LP Oep, Vineet A Nargolwala, Michael Doogue, Max R Glover, Derek D'antilio, Joanne Valente, 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
7/31/2025
Today
8/28/2025
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
$45.00
Low Price Target
$30.00
Potential Upside/Downside
+19.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.37)
Trailing P/E Ratio
N/A
Forward P/E Ratio
3,146.00
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
8.03
Cash Flow
$0.43 per share
Price / Cash Flow
73.04
Book Value
$4.99 per share
Price / Book
6.30

Miscellaneous

Outstanding Shares
185,040,000
Free Float
184,300,000
Market Cap
$5.82 billion
Optionable
Optionable
Beta
1.74

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This page (NASDAQ:ALGM) was last updated on 8/28/2025 by MarketBeat.com Staff
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