Free Trial

Allegro MicroSystems (ALGM) Competitors

Allegro MicroSystems logo
$47.84 -3.26 (-6.37%)
Closing price 05/29/2026 03:59 PM Eastern
Extended Trading
$48.50 +0.65 (+1.36%)
As of 05/29/2026 07:52 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.

ALGM vs. ADI, DIOD, LSCC, MCHP, and MKSI

Should you buy Allegro MicroSystems stock or one of its competitors? MarketBeat compares Allegro MicroSystems with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Allegro MicroSystems include Analog Devices (ADI), Diodes (DIOD), Lattice Semiconductor (LSCC), Microchip Technology (MCHP), and MKS (MKSI). These companies are all part of the "computer and technology" sector.

How does Allegro MicroSystems compare to Analog Devices?

Allegro MicroSystems (NASDAQ:ALGM) and Analog Devices (NASDAQ:ADI) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, risk, institutional ownership, valuation, media sentiment, dividends, analyst recommendations and earnings.

Allegro MicroSystems has a beta of 1.98, indicating that its share price is 98% more volatile than the broader market. Comparatively, Analog Devices has a beta of 1.18, indicating that its share price is 18% more volatile than the broader market.

Analog Devices has a net margin of 26.01% compared to Allegro MicroSystems' net margin of -1.67%. Analog Devices' return on equity of 14.37% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
Allegro MicroSystems-1.67% 6.09% 4.11%
Analog Devices 26.01%14.37%10.13%

56.5% of Allegro MicroSystems shares are held by institutional investors. Comparatively, 86.8% of Analog Devices shares are held by institutional investors. 0.4% of Allegro MicroSystems shares are held by company insiders. Comparatively, 0.4% of Analog Devices shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Analog Devices has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Analog Devices, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Allegro MicroSystems$890.10M10.01-$14.90M-$0.09N/A
Analog Devices$11.02B18.29$2.27B$6.7361.49

Allegro MicroSystems currently has a consensus target price of $51.80, indicating a potential upside of 8.27%. Analog Devices has a consensus target price of $432.71, indicating a potential upside of 4.56%. Given Allegro MicroSystems' higher probable upside, analysts plainly believe Allegro MicroSystems is more favorable than Analog Devices.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegro MicroSystems
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75
Analog Devices
0 Sell rating(s)
3 Hold rating(s)
26 Buy rating(s)
2 Strong Buy rating(s)
2.97

In the previous week, Analog Devices had 32 more articles in the media than Allegro MicroSystems. MarketBeat recorded 42 mentions for Analog Devices and 10 mentions for Allegro MicroSystems. Analog Devices' average media sentiment score of 1.13 beat Allegro MicroSystems' score of 0.67 indicating that Analog Devices is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Allegro MicroSystems
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Analog Devices
29 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Analog Devices beats Allegro MicroSystems on 13 of the 17 factors compared between the two stocks.

How does Allegro MicroSystems compare to Diodes?

Allegro MicroSystems (NASDAQ:ALGM) and Diodes (NASDAQ:DIOD) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, media sentiment, analyst recommendations, dividends, earnings and profitability.

Allegro MicroSystems has a beta of 1.98, indicating that its share price is 98% more volatile than the broader market. Comparatively, Diodes has a beta of 1.9, indicating that its share price is 90% more volatile than the broader market.

Diodes has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Diodes, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Allegro MicroSystems$890.10M10.01-$14.90M-$0.09N/A
Diodes$1.48B3.26$66.14M$1.8457.24

In the previous week, Diodes had 6 more articles in the media than Allegro MicroSystems. MarketBeat recorded 16 mentions for Diodes and 10 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 0.67 beat Diodes' score of -0.04 indicating that Allegro MicroSystems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Allegro MicroSystems
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Diodes
5 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Allegro MicroSystems currently has a consensus target price of $51.80, indicating a potential upside of 8.27%. Diodes has a consensus target price of $113.00, indicating a potential upside of 7.29%. Given Allegro MicroSystems' higher probable upside, equities research analysts plainly believe Allegro MicroSystems is more favorable than Diodes.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegro MicroSystems
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75
Diodes
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00

Diodes has a net margin of 5.50% compared to Allegro MicroSystems' net margin of -1.67%. Allegro MicroSystems' return on equity of 6.09% beat Diodes' return on equity.

Company Net Margins Return on Equity Return on Assets
Allegro MicroSystems-1.67% 6.09% 4.11%
Diodes 5.50%3.48%2.74%

56.5% of Allegro MicroSystems shares are held by institutional investors. Comparatively, 99.2% of Diodes shares are held by institutional investors. 0.4% of Allegro MicroSystems shares are held by company insiders. Comparatively, 1.7% of Diodes shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Diodes beats Allegro MicroSystems on 9 of the 17 factors compared between the two stocks.

How does Allegro MicroSystems compare to Lattice Semiconductor?

Lattice Semiconductor (NASDAQ:LSCC) and Allegro MicroSystems (NASDAQ:ALGM) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, risk, media sentiment, analyst recommendations, earnings, valuation, dividends and institutional ownership.

In the previous week, Allegro MicroSystems had 3 more articles in the media than Lattice Semiconductor. MarketBeat recorded 10 mentions for Allegro MicroSystems and 7 mentions for Lattice Semiconductor. Lattice Semiconductor's average media sentiment score of 1.10 beat Allegro MicroSystems' score of 0.67 indicating that Lattice Semiconductor is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lattice Semiconductor
3 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Allegro MicroSystems
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

98.1% of Lattice Semiconductor shares are held by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are held by institutional investors. 0.6% of Lattice Semiconductor shares are held by insiders. Comparatively, 0.4% of Allegro MicroSystems shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Lattice Semiconductor has higher earnings, but lower revenue than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Lattice Semiconductor, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lattice Semiconductor$523.26M38.51$3.08M$0.141,050.57
Allegro MicroSystems$890.10M10.01-$14.90M-$0.09N/A

Lattice Semiconductor has a net margin of 3.46% compared to Allegro MicroSystems' net margin of -1.67%. Lattice Semiconductor's return on equity of 8.48% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
Lattice Semiconductor3.46% 8.48% 7.03%
Allegro MicroSystems -1.67%6.09%4.11%

Lattice Semiconductor has a beta of 1.79, indicating that its share price is 79% more volatile than the broader market. Comparatively, Allegro MicroSystems has a beta of 1.98, indicating that its share price is 98% more volatile than the broader market.

Lattice Semiconductor presently has a consensus target price of $130.86, indicating a potential downside of 11.03%. Allegro MicroSystems has a consensus target price of $51.80, indicating a potential upside of 8.27%. Given Allegro MicroSystems' higher probable upside, analysts clearly believe Allegro MicroSystems is more favorable than Lattice Semiconductor.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lattice Semiconductor
0 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
3.00
Allegro MicroSystems
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75

Summary

Lattice Semiconductor beats Allegro MicroSystems on 13 of the 17 factors compared between the two stocks.

How does Allegro MicroSystems compare to Microchip Technology?

Allegro MicroSystems (NASDAQ:ALGM) and Microchip Technology (NASDAQ:MCHP) are both computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, analyst recommendations, earnings, risk, valuation, profitability and institutional ownership.

Allegro MicroSystems currently has a consensus target price of $51.80, indicating a potential upside of 8.27%. Microchip Technology has a consensus target price of $97.52, indicating a potential upside of 3.03%. Given Allegro MicroSystems' higher possible upside, research analysts plainly believe Allegro MicroSystems is more favorable than Microchip Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegro MicroSystems
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75
Microchip Technology
0 Sell rating(s)
7 Hold rating(s)
15 Buy rating(s)
4 Strong Buy rating(s)
2.88

Microchip Technology has a net margin of 4.88% compared to Allegro MicroSystems' net margin of -1.67%. Microchip Technology's return on equity of 10.87% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
Allegro MicroSystems-1.67% 6.09% 4.11%
Microchip Technology 4.88%10.87%4.96%

56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 91.5% of Microchip Technology shares are owned by institutional investors. 0.4% of Allegro MicroSystems shares are owned by insiders. Comparatively, 1.9% of Microchip Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Allegro MicroSystems has a beta of 1.98, indicating that its share price is 98% more volatile than the broader market. Comparatively, Microchip Technology has a beta of 1.73, indicating that its share price is 73% more volatile than the broader market.

Microchip Technology has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Microchip Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Allegro MicroSystems$890.10M10.01-$14.90M-$0.09N/A
Microchip Technology$4.71B10.89$230M$0.21450.71

In the previous week, Microchip Technology had 21 more articles in the media than Allegro MicroSystems. MarketBeat recorded 31 mentions for Microchip Technology and 10 mentions for Allegro MicroSystems. Microchip Technology's average media sentiment score of 1.01 beat Allegro MicroSystems' score of 0.67 indicating that Microchip Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Allegro MicroSystems
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Microchip Technology
20 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Microchip Technology beats Allegro MicroSystems on 15 of the 17 factors compared between the two stocks.

How does Allegro MicroSystems compare to MKS?

MKS (NASDAQ:MKSI) and Allegro MicroSystems (NASDAQ:ALGM) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, profitability, valuation and dividends.

MKS presently has a consensus price target of $324.92, suggesting a potential upside of 0.20%. Allegro MicroSystems has a consensus price target of $51.80, suggesting a potential upside of 8.27%. Given Allegro MicroSystems' higher possible upside, analysts plainly believe Allegro MicroSystems is more favorable than MKS.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MKS
1 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.87
Allegro MicroSystems
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75

In the previous week, MKS had 23 more articles in the media than Allegro MicroSystems. MarketBeat recorded 33 mentions for MKS and 10 mentions for Allegro MicroSystems. MKS's average media sentiment score of 0.82 beat Allegro MicroSystems' score of 0.67 indicating that MKS is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MKS
11 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Allegro MicroSystems
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

MKS has a beta of 1.99, meaning that its share price is 99% more volatile than the broader market. Comparatively, Allegro MicroSystems has a beta of 1.98, meaning that its share price is 98% more volatile than the broader market.

99.8% of MKS shares are owned by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are owned by institutional investors. 0.6% of MKS shares are owned by company insiders. Comparatively, 0.4% of Allegro MicroSystems shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

MKS has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than MKS, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MKS$3.93B5.57$295M$4.7867.84
Allegro MicroSystems$890.10M10.01-$14.90M-$0.09N/A

MKS has a net margin of 8.06% compared to Allegro MicroSystems' net margin of -1.67%. MKS's return on equity of 21.49% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
MKS8.06% 21.49% 6.54%
Allegro MicroSystems -1.67%6.09%4.11%

Summary

MKS beats Allegro MicroSystems on 13 of the 16 factors compared between the two stocks.

Get Allegro MicroSystems News Delivered to You Automatically

Sign up to receive the latest news and ratings for ALGM and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS 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.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALGM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

ALGM vs. The Competition

MetricAllegro MicroSystemsELEC COMP IndustryComputer SectorNASDAQ Exchange
Market Cap$8.91B$74.74B$40.83B$12.56B
Dividend YieldN/A1.05%3.17%5.31%
P/E Ratio154.4293.4180.8026.27
Price / Sales10.01158.39628.09142.41
Price / Cash70.99248.9148.8756.84
Price / Book9.279.2310.707.30
Net Income-$14.90M$853.38M$1.07B$337.27M
7 Day Performance4.12%2.11%4.01%3.58%
1 Month Performance-1.35%28.67%11.18%5.71%
1 Year Performance89.93%277.45%172.00%39.70%

Allegro MicroSystems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALGM
Allegro MicroSystems
3.7024 of 5 stars
$47.84
-6.4%
$51.80
+8.3%
+89.9%$8.91B$890.10M154.424,250
ADI
Analog Devices
4.7337 of 5 stars
$397.07
flat
$429.85
+8.3%
+94.3%$193.41B$11.02B59.0024,500
DIOD
Diodes
3.75 of 5 stars
$99.65
flat
$113.00
+13.4%
+138.6%$4.58B$1.48B54.167,989
LSCC
Lattice Semiconductor
3.0411 of 5 stars
$143.22
flat
$130.86
-8.6%
+231.3%$19.62B$523.26M1,023.071,174
MCHP
Microchip Technology
4.4467 of 5 stars
$93.43
flat
$97.52
+4.4%
+65.4%$50.56B$4.71B444.9319,400

Related Companies and Tools


This page (NASDAQ:ALGM) was last updated on 5/31/2026 by MarketBeat.com Staff.
From Our Partners