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

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 insiders. Comparatively, 0.4% of Analog Devices shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock 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, suggesting a potential upside of 8.27%. Analog Devices has a consensus price target of $432.71, suggesting a potential upside of 4.56%. Given Allegro MicroSystems' higher possible upside, equities 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

Allegro MicroSystems has a beta of 2.02, suggesting that its stock price is 102% more volatile than the broader market. Comparatively, Analog Devices has a beta of 1.19, suggesting that its stock price is 19% 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$890.10M10.01-$14.90M-$0.09N/A
Analog Devices$11.02B18.29$2.27B$6.7361.49

In the previous week, Analog Devices had 31 more articles in the media than Allegro MicroSystems. MarketBeat recorded 41 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
28 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 14 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 mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, media sentiment, risk, profitability, analyst recommendations and dividends.

Diodes has a beta of 1.93, indicating that its stock price is 93% more volatile than the broader market. Comparatively, Allegro MicroSystems has a beta of 2.02, indicating that its stock price is 102% more volatile than the broader market.

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 company insiders. Comparatively, 0.4% of Allegro MicroSystems shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments 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%

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$1.48B3.26$66.14M$1.8457.24
Allegro MicroSystems$890.10M10.01-$14.90M-$0.09N/A

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 news media.

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

Diodes presently has a consensus target price of $113.00, suggesting a potential upside of 7.29%. Allegro MicroSystems has a consensus target price of $51.80, suggesting a potential upside of 8.27%. Given Allegro MicroSystems' higher possible upside, analysts clearly believe Allegro MicroSystems is more favorable than Diodes.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Diodes
0 Sell rating(s)
1 Hold rating(s)
3 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

Diodes beats Allegro MicroSystems on 10 of the 17 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 computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, dividends, analyst recommendations, earnings, risk, profitability and valuation.

56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 98.1% of Lattice Semiconductor shares are owned by institutional investors. 0.4% of Allegro MicroSystems shares are owned by company insiders. Comparatively, 0.6% of Lattice Semiconductor shares are owned 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.

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$890.10M10.01-$14.90M-$0.09N/A
Lattice Semiconductor$574.01M35.11$3.08M$0.141,050.57

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

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%

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 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
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 has a beta of 2.02, indicating that its share price is 102% more volatile than the broader market. Comparatively, Lattice Semiconductor has a beta of 1.76, indicating that its share price is 76% more volatile than the broader market.

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

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

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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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

Allegro MicroSystems has a beta of 2.02, meaning that its share price is 102% more volatile than the broader market. Comparatively, Microchip Technology has a beta of 1.75, meaning that its share price is 75% more volatile than the broader market.

Allegro MicroSystems presently has a consensus price target of $51.80, indicating a potential upside of 8.27%. Microchip Technology has a consensus price target of $97.52, indicating a potential upside of 3.03%. Given Allegro MicroSystems' higher possible upside, equities 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

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

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%

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$4.07B5.38$295M$4.7867.84
Allegro MicroSystems$890.10M10.01-$14.90M-$0.09N/A

MKS currently has a consensus target price of $324.92, suggesting a potential upside of 0.20%. Allegro MicroSystems has a consensus target price of $51.80, suggesting a potential upside of 8.27%. 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 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 1.98, suggesting that its share price is 98% more volatile than the broader market. Comparatively, Allegro MicroSystems has a beta of 2.02, suggesting that its share price is 102% 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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

MKS beats Allegro MicroSystems on 13 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$8.91B$74.74B$40.83B$12.56B
Dividend YieldN/A1.05%3.17%5.31%
P/E Ratio-531.5493.41172.2326.27
Price / Sales10.01158.39628.09142.41
Price / Cash70.98248.9148.8756.84
Price / Book9.319.2310.707.30
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$890.10MN/A4,250
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

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