Allegro MicroSystems (ALGM) Stock Price, News & Analysis

Company Overview

Allegro MicroSystems, Inc. (NASDAQ:ALGM) develops and manufactures semiconductor solutions that enable motion, power management and energy efficiency in automotive and industrial applications. The company specializes in sensor integrated circuits and power semiconductor devices designed to monitor, control and improve the performance of electronic systems.

Its product portfolio includes magnetic sensors for detecting position, speed, current and angle, as well as power management integrated circuits, motor drivers, LED driver ICs and other application-specific solutions. These products are used in systems such as vehicle electrification and advanced driver-assistance systems, automotive comfort and safety equipment, factory automation, robotics, energy management and consumer electronics.

Allegro serves customers worldwide through a global design, manufacturing and sales network, with a particular focus on the automotive and industrial markets. The company has operated in the magnetic sensing and power semiconductor industry since its founding in 1990 and became a publicly traded company in 2020.

Key Stats

• Today's Range: $33.70 to $35.00
• 50-Day Range: $33.02 to $44.39
• 52-Week Range: $22.41 to $71.77
• Volume: 2.72 million shs
• Average Volume: 2.81 million shs
• Market Capitalization: $6.30 billion
• P/E Ratio: 563.26
• Dividend Yield: N/A
• Price Target: $53.17
• Consensus Rating: Moderate Buy

Allegro MicroSystems Stock Analysis - MarketRank™

Allegro MicroSystems scored higher than 76% of companies evaluated by MarketBeat, and ranked 183rd out of 596 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Allegro MicroSystems has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 1 strong buy rating, 10 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Allegro MicroSystems has a consensus price target of $53.17, representing about 57.3% upside from its current price of $33.79.

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.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 92.31%

Earnings Growth

Earnings for Allegro MicroSystems are expected to grow by 92.31% in the coming year, from $0.65 to $1.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Allegro MicroSystems is 563.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Allegro MicroSystems is 563.26, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 79.76.

Price to Earnings Growth Ratio

Allegro MicroSystems has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Allegro MicroSystems has a P/B Ratio of 6.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.14% 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 4.4.

Change versus previous month

Short interest in Allegro MicroSystems has recently increased by 9.06%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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 and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.59

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 3 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.

Search Interest

4 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

7 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

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 $101,431.00 in 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.

Company Calendar

• Last Earnings: 7/30/2026
• Today: 10/12/2026
• Next Earnings (Estimated): 10/29/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:ALGM
• CIK: 866291
• Web: www.allegromicro.com
• Phone: 603-626-2300
• Fax: 603-641-5336
• Employees: 4,250
• Year Founded: 1990

Price Target and Rating

• Average Price Target for Allegro MicroSystems: $53.17
• High Price Target: $62.00
• Low Price Target: $39.00
• Potential Upside/Downside: +57.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.06
• Trailing P/E Ratio: 563.26
• Forward P/E Ratio: 51.98
• P/E Growth: 1.12
• Net Income: -$14.90 million
• Net Margins: 1.50%
• Pretax Margin: 1.32%
• Return on Equity: 8.30%
• Return on Assets: 5.65%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 3.70
• Quick Ratio: 2.33

Sales & Book Value

• Annual Sales: $890.10 million
• Price / Sales: 7.08
• Cash Flow: $0.64 per share
• Price / Cash Flow: 52.74
• Book Value: $5.16 per share
• Price / Book: 6.55

Miscellaneous

• Outstanding Shares: 186,400,000
• Free Float: 185,470,000
• Market Cap: $6.30 billion
• Optionable: Optionable
• Beta: 1.99