Allegro MicroSystems (ALGM) Competitors

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$59.00 0.00 (0.00%)
Closing price 06/18/2026 04:00 PM Eastern
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$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 stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability, earnings and media sentiment.

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

Allegro MicroSystems currently has a consensus target price of $51.80, indicating a potential downside of 12.20%. Analog Devices has a consensus target price 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

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

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

Summary

Analog Devices beats Allegro MicroSystems on 15 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 computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, dividends, profitability, earnings, valuation and media sentiment.

56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 99.2% of Diodes shares are owned by institutional investors. 0.4% of Allegro MicroSystems shares are owned by insiders. Comparatively, 1.7% of Diodes shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company 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
Allegro MicroSystems-1.67% 6.09% 4.11%
Diodes 5.50%3.48%2.74%

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

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

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 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
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 currently has a consensus price target of $51.80, suggesting a potential downside of 12.20%. Diodes has a consensus price target of $113.00, suggesting a potential downside of 5.41%. Given Diodes' higher possible upside, analysts clearly believe Diodes 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
Diodes
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Summary

Allegro MicroSystems and Diodes tied by winning 8 of the 16 factors compared between the two stocks.

How does Allegro MicroSystems compare to Lattice Semiconductor?

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

Allegro MicroSystems has a beta of 1.98, indicating that its stock price is 98% more volatile than the broader market. Comparatively, Lattice Semiconductor has a beta of 1.79, indicating that its stock price is 79% 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
Allegro MicroSystems-1.67% 6.09% 4.11%
Lattice Semiconductor 3.46%8.48%7.03%

Allegro MicroSystems currently has a consensus target price of $51.80, indicating a potential downside of 12.20%. Lattice Semiconductor has a consensus target price of $130.86, indicating a potential downside of 14.87%. Given Allegro MicroSystems' higher possible upside, equities research analysts plainly believe Allegro MicroSystems is more favorable than Lattice Semiconductor.

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
Lattice Semiconductor
0 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
3.00

56.5% of Allegro MicroSystems shares are held by institutional investors. Comparatively, 98.1% of Lattice Semiconductor shares are held by institutional investors. 0.4% of Allegro MicroSystems shares are held by company insiders. Comparatively, 0.6% of Lattice Semiconductor shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds 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 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
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

Lattice Semiconductor has lower revenue, but higher earnings 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
Allegro MicroSystems$890.10M12.34-$14.90M-$0.09N/A
Lattice Semiconductor$523.26M40.25$3.08M$0.141,098.00

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 business? We will contrast the two businesses based on the strength of their risk, media sentiment, institutional ownership, valuation, dividends, analyst recommendations, earnings and profitability.

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%

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

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

Allegro MicroSystems presently has a consensus price target of $51.80, indicating a potential downside of 12.20%. Microchip Technology has a consensus price target of $98.18, indicating a potential downside of 1.59%. Given Microchip Technology's stronger consensus rating and higher possible 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

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 stock will outperform the market over the long term.

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 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, institutional ownership, dividends, analyst recommendations, media sentiment, profitability, risk and earnings.

MKS presently has a consensus target price of $324.92, indicating a potential downside of 20.04%. Allegro MicroSystems has a consensus target price of $51.80, indicating a potential downside of 12.20%. 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
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 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 media.

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

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$3.93B6.98$295M$4.7885.01
Allegro MicroSystems$890.10M12.34-$14.90M-$0.09N/A

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

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%

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

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$12.59B
Dividend YieldN/A0.98%3.26%5.81%
P/E Ratio-655.48100.96172.2424.42
Price / Sales12.34154.58629.84108.89
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
2.4036 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
2.3956 of 5 stars
$104.66
+3.6%
$113.00
+8.0%
+134.2%$4.64B$1.48B56.887,989
LSCC
Lattice Semiconductor
3.2004 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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