Allegro MicroSystems (ALGM) Competitors

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$59.00 0.00 (0.00%)
Closing price 06/18/2026 04:00 PM Eastern
Extended Trading
$59.28 +0.28 (+0.47%)
As of 06/18/2026 07:59 PM Eastern
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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 large-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings.

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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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%

Allegro MicroSystems presently has a consensus price target of $51.80, indicating a potential downside of 12.20%. Analog Devices has a consensus price target of $432.71, indicating a potential downside of 0.40%. Given Analog Devices' stronger consensus rating and higher probable upside, analysts clearly believe Analog Devices is more favorable than Allegro MicroSystems.

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)
24 Buy rating(s)
2 Strong Buy rating(s)
2.97

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 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$890.10M12.34-$14.90M-$0.09N/A
Analog Devices$11.02B19.20$2.27B$6.7364.56

In the previous week, Analog Devices had 63 more articles in the media than Allegro MicroSystems. MarketBeat recorded 72 mentions for Analog Devices and 9 mentions for Allegro MicroSystems. Analog Devices' average media sentiment score of 1.42 beat Allegro MicroSystems' score of 0.85 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)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Analog Devices
62 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 15 of the 17 factors compared between the two stocks.

How does Allegro MicroSystems compare to Diodes?

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

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
Diodes$1.48B3.70$66.14M$1.8464.92
Allegro MicroSystems$890.10M12.34-$14.90M-$0.09N/A

In the previous week, Allegro MicroSystems had 6 more articles in the media than Diodes. MarketBeat recorded 9 mentions for Allegro MicroSystems and 3 mentions for Diodes. Allegro MicroSystems' average media sentiment score of 0.85 beat Diodes' score of -0.13 indicating that Allegro MicroSystems is being referred to more favorably in the news media.

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

Diodes has a beta of 1.9, indicating that its share price is 90% 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.

Diodes presently has a consensus target price of $113.00, suggesting a potential downside of 5.41%. Allegro MicroSystems has a consensus target price of $51.80, suggesting a potential downside of 12.20%. Given Diodes' higher possible upside, equities analysts plainly believe Diodes is more favorable than Allegro MicroSystems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diodes
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Allegro MicroSystems
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75

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

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
Diodes5.50% 3.48% 2.74%
Allegro MicroSystems -1.67%6.09%4.11%

Summary

Diodes and Allegro MicroSystems tied by winning 8 of the 16 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 large-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, profitability, earnings, media sentiment, analyst recommendations and risk.

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

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 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$523.26M40.25$3.08M$0.141,098.00
Allegro MicroSystems$890.10M12.34-$14.90M-$0.09N/A

Lattice Semiconductor currently has a consensus price target of $130.86, suggesting a potential downside of 14.87%. Allegro MicroSystems has a consensus price target of $51.80, suggesting a potential downside of 12.20%. 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

98.1% of Lattice Semiconductor shares are owned by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are owned by institutional investors. 0.6% of Lattice Semiconductor 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 hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Lattice Semiconductor had 6 more articles in the media than Allegro MicroSystems. MarketBeat recorded 15 mentions for Lattice Semiconductor and 9 mentions for Allegro MicroSystems. Lattice Semiconductor's average media sentiment score of 1.23 beat Allegro MicroSystems' score of 0.85 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
10 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Allegro MicroSystems
3 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Lattice Semiconductor beats Allegro MicroSystems on 14 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 large-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, risk, media sentiment, earnings, dividends, analyst recommendations, institutional ownership and valuation.

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

In the previous week, Microchip Technology had 19 more articles in the media than Allegro MicroSystems. MarketBeat recorded 28 mentions for Microchip Technology and 9 mentions for Allegro MicroSystems. Microchip Technology's average media sentiment score of 1.24 beat Allegro MicroSystems' score of 0.85 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)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Microchip Technology
24 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Allegro MicroSystems currently has a consensus target price of $51.80, indicating a potential downside of 12.20%. Microchip Technology has a consensus target price of $98.18, indicating a potential downside of 1.59%. Given Microchip Technology's stronger consensus rating and higher probable upside, analysts clearly believe Microchip Technology is more favorable than Allegro MicroSystems.

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)
14 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%

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$890.10M12.34-$14.90M-$0.09N/A
Microchip Technology$4.71B11.48$230M$0.21475.10

Summary

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

How does Allegro MicroSystems compare to MKS?

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

In the previous week, MKS had 7 more articles in the media than Allegro MicroSystems. MarketBeat recorded 16 mentions for MKS and 9 mentions for Allegro MicroSystems. MKS's average media sentiment score of 1.29 beat Allegro MicroSystems' score of 0.85 indicating that MKS 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)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
MKS
12 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Allegro MicroSystems currently has a consensus target price of $51.80, indicating a potential downside of 12.20%. MKS has a consensus target price of $324.92, indicating a potential downside of 20.04%. Given Allegro MicroSystems' higher possible upside, analysts clearly believe Allegro MicroSystems is more favorable than MKS.

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
MKS
1 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.87

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

56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 99.8% of MKS shares are owned by institutional investors. 0.4% of Allegro MicroSystems shares are owned by company insiders. Comparatively, 0.6% of MKS shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds 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
Allegro MicroSystems$890.10M12.34-$14.90M-$0.09N/A
MKS$3.93B6.98$295M$4.7885.01

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
Allegro MicroSystems-1.67% 6.09% 4.11%
MKS 8.06%21.49%6.54%

Summary

MKS beats Allegro MicroSystems on 14 of the 16 factors compared between the two stocks.

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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.
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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.
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ALGM vs. The Competition

MetricAllegro MicroSystemsELEC COMP IndustryComputer SectorNASDAQ Exchange
Market Cap$10.99B$79.12B$39.99B$12.60B
Dividend YieldN/A0.98%3.26%5.81%
P/E Ratio-655.48100.96172.4024.44
Price / Sales12.34154.58629.84108.87
Price / Cash87.49245.9648.3055.09
Price / Book11.4310.079.766.58
Net Income-$14.90M$854.56M$1.07B$337.17M
7 Day Performance17.06%3.70%0.26%0.83%
1 Month Performance31.99%8.25%4.16%2.25%
1 Year Performance90.57%222.87%162.92%36.14%

Allegro MicroSystems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALGM
Allegro MicroSystems
2.3878 of 5 stars
$59.00
flat
$51.80
-12.2%
+90.6%$10.99B$890.10MN/A4,250
ADI
Analog Devices
4.4453 of 5 stars
$403.89
+0.6%
$432.71
+7.1%
+90.3%$195.51B$11.02B60.0124,500
DIOD
Diodes
2.4073 of 5 stars
$104.66
+3.6%
$113.00
+8.0%
+134.2%$4.64B$1.48B56.887,989
LSCC
Lattice Semiconductor
3.222 of 5 stars
$142.90
+5.4%
$130.86
-8.4%
+204.9%$18.57B$523.26M1,020.791,174
MCHP
Microchip Technology
4.1147 of 5 stars
$91.37
+3.4%
$97.52
+6.7%
+44.7%$47.89B$4.71B435.1217,900

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This page (NASDAQ:ALGM) was last updated on 6/21/2026 by MarketBeat.com Staff.
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