NASDAQ:ALGM Allegro MicroSystems (ALGM) Stock Price, News & Analysis $45.95 0.00 (0.00%) Closing price 05/22/2026 04:00 PM EasternExtended Trading$45.69 -0.26 (-0.57%) As of 05/22/2026 07:48 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 ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock 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$45.11▼$46.1550-Day Range$28.04▼$51.3752-Week Range$22.41▼$51.40Volume1.94 million shsAverage Volume2.74 million shsMarket Capitalization$8.51 billionP/E RatioN/ADividend YieldN/APrice Target$51.80Consensus RatingModerate Buy Company Overview Allegro MicroSystems, Inc. (NASDAQ: ALGM) is a leading designer and manufacturer of high-performance power and sensing integrated circuits. The company focuses on semiconductor solutions that enable precise motion control, energy-efficient power management and robust sensing in a wide range of applications. Allegro’s product portfolio includes Hall-effect magnetic sensors, current and position sensing ICs, motor driver and controller devices, and power management components. Allegro MicroSystems serves major automotive, industrial and consumer markets worldwide. Its semiconductors are used in electric and hybrid vehicles, advanced driver-assistance systems, industrial automation equipment, consumer appliances and computing platforms. The company’s design, engineering and quality systems are certified to industry standards, supporting global original equipment manufacturers (OEMs) in North America, Europe and Asia. Founded in Manchester, New Hampshire, Allegro MicroSystems has grown from a small power-semiconductor spin-off into a publicly traded corporation. The company completed its initial public offering in October 2021 and maintains headquarters in the U.S. along with design centers in the United Kingdom, Poland and China. Allegro’s operations are backed by a diverse supply chain and strategic partnerships with wafer foundries and assembly test providers. Led by an experienced management team with decades of semiconductor industry expertise, Allegro continues to invest in research and development to drive innovation in power efficiency, sensing accuracy and compact system integration. The company’s ongoing roadmap emphasizes next-generation wide-bandgap power devices, advanced sensor technologies and integrated solutions aimed at enabling greener transportation and smarter industrial systems.AI Generated. May Contain Errors. Read More Allegro MicroSystems Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks73rd Percentile Overall ScoreALGM MarketRank™: Allegro MicroSystems scored higher than 73% of companies evaluated by MarketBeat, and ranked 250th out of 626 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingAllegro 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 PotentialAllegro MicroSystems has a consensus price target of $51.80, representing about 12.7% upside from its current price of $45.95.Amount of Analyst CoverageAllegro 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 and Valuation1.9 / 5Proj. Earnings Growth75.32% Earnings GrowthEarnings 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 MarketThe P/E ratio of Allegro MicroSystems is -510.50, 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. SectorThe P/E ratio of Allegro MicroSystems is -510.50, 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 RatioAllegro MicroSystems has a P/B Ratio of 8.91. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted5.97% 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 5.25.Change versus previous monthShort interest in Allegro MicroSystems has recently decreased by 11.55%, indicating that investor sentiment is improving significantly. 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 Media3.3 / 5News Sentiment0.24 News SentimentAllegro MicroSystems has a news sentiment score of 0.24. 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 lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.Search Interest19 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 90% compared to the previous 30 days.MarketBeat Follows7 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Company Ownership1.4 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 Insiders0.40% 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. 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ALGM Stock News HeadlinesInsider Selling: Allegro MicroSystems (NASDAQ:ALGM) CAO Sells $234,138.96 in StockMay 25 at 4:42 AM | americanbankingnews.comHere’s What Analysts Think About Allegro MicroSystems (ALGM)May 23 at 9:19 AM | finance.yahoo.comBefore you buy SpaceX shares, consider this alternative approachSpaceX has confidentially filed for an IPO with the SEC, targeting a June 2026 listing at a valuation exceeding $1.75 trillion - potentially the largest IPO in history. But one expert says buying shares directly may not be the smartest move. There is a lesser-known way to tap into this windfall that most investors haven't considered.May 25 at 1:00 AM | Weiss Ratings (Ad)Allegro MicroSystems (NASDAQ:ALGM) CAO Roald Graham Webster Sells 5,217 SharesMay 23 at 8:39 AM | insidertrades.comEvercore ISI Lifts PT on Allegro MicroSystems (ALGM) Post EarningsMay 20, 2026 | finance.yahoo.comAllegro MicroSystems (NASDAQ:ALGM) SVP Sells $109,801.52 in StockMay 20, 2026 | insidertrades.comAllegro MicroSystems (NASDAQ:ALGM) Director Susan Lynch Sells 16,711 SharesMay 16, 2026 | insidertrades.comInsider Selling: Allegro MicroSystems (NASDAQ:ALGM) SVP Sells 8,948 Shares of StockMay 14, 2026 | insidertrades.comSee More Headlines ALGM Stock Analysis - Frequently Asked Questions How have ALGM shares performed this year? Allegro MicroSystems' stock was trading at $26.38 on January 1st, 2026. Since then, ALGM stock has increased by 74.2% and is now trading at $45.95. How were Allegro MicroSystems' earnings last quarter? Allegro MicroSystems, Inc. (NASDAQ:ALGM) released its earnings results on Thursday, May, 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The business's revenue was up 26.1% 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 a price of $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. Who are Allegro MicroSystems' major shareholders? 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. 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 Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Meta Platforms (META), NVIDIA (NVDA) and Charles Schwab (SCHW). Company Calendar Last Earnings5/07/2026Today5/25/2026TD Cowen's 54th Annual Technology, Media & Telecom Conference5/27/2026Next Earnings (Estimated)7/30/2026Fiscal 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. Green Zone (1m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 ALGM's financial health is in the Green zone, according to TradeSmith. ALGM has been in this zone for over one month. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry ELEC COMP - SEMIC Sub-IndustryElectronic Equipment Current SymbolNASDAQ:ALGM CIK866291 Webwww.allegromicro.com Phone603-626-2300Fax603-641-5336Employees2,300Year Founded1990Price Target and Rating Average Price Target for Allegro MicroSystems$51.80 High Price Target$62.00 Low Price Target$39.00 Potential Upside/Downside+12.7%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage12 Analysts Profitability EPS (Trailing Twelve Months)($0.09) Trailing P/E RatioN/A Forward P/E Ratio59.68 P/E GrowthN/ANet Income-$14.90 million Net Margins-1.67% Pretax Margin-1.67% Return on Equity6.09% Return on Assets4.11% Debt Debt-to-Equity Ratio0.30 Current Ratio3.45 Quick Ratio2.21 Sales & Book Value Annual Sales$890.10 million Price / Sales9.57 Cash Flow$0.67 per share Price / Cash Flow68.14 Book Value$5.16 per share Price / Book8.91Miscellaneous Outstanding Shares185,290,000Free Float184,550,000Market Cap$8.51 billion OptionableOptionable Beta2.02 Social Links 5G Stocks: The Path Forward is ProfitableClick the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report This page (NASDAQ:ALGM) was last updated on 5/25/2026 by MarketBeat.com Staff. 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