NASDAQ:ALGM Allegro MicroSystems (ALGM) Stock Price, News & Analysis $33.65 -0.14 (-0.41%) Closing price 10/13/2026 04:00 PM EasternExtended Trading$33.57 -0.08 (-0.25%) As of 04:01 AM 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Allegro MicroSystems Stock (NASDAQ:ALGM) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Allegro MicroSystems alerts:Sign Up Key Stats Today's Range$32.41▼$33.7250-Day Range$33.02▼$44.3952-Week Range$22.41▼$71.77Volume2.98 million shsAverage Volume2.84 million shsMarket Capitalization$6.27 billionP/E Ratio560.93Dividend YieldN/APrice Target$53.17Consensus RatingModerate Buy 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.AI Generated. May Contain Errors. Read More Allegro MicroSystems Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks72nd Percentile Overall ScoreALGM MarketRank™: 3.60402063219 of 5 starsAllegro MicroSystems scored higher than 72% of companies evaluated by MarketBeat, and ranked 187th out of 593 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingModerate Buy Consensus RatingAllegro 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 PotentialAllegro MicroSystems has a consensus price target of $53.17, representing about 58.0% upside from its current price of $33.65.Amount of Analyst CoverageAllegro MicroSystems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Allegro MicroSystems' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth92.31% Earnings GrowthEarnings 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 MarketThe P/E ratio of Allegro MicroSystems is 560.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 40.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegro MicroSystems is 560.93, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 64.05.Price to Earnings Growth RatioAllegro MicroSystems has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAllegro MicroSystems has a P/B Ratio of 6.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Allegro MicroSystems' valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.14% of the float of Allegro MicroSystems has been sold short.Short Interest Ratio / Days to CoverAllegro MicroSystems has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Allegro MicroSystems has recently increased by 9.06%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldAllegro MicroSystems does not currently pay a dividend.Dividend GrowthAllegro MicroSystems does not have a long track record of dividend growth. News and Social Media2.3 / 5News Sentiment0.64 News SentimentAllegro MicroSystems has a news sentiment score of 0.64. 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 WeekMarketBeat has tracked 2 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.Search Interest5 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership1.4 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 Insiders0.50% of the stock of Allegro MicroSystems is held by insiders.Percentage Held by Institutions56.45% of the stock of Allegro MicroSystems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Allegro MicroSystems' insider trading history. Receive ALGM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Allegro MicroSystems and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS 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. 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ALGM Stock News HeadlinesAllegro MicroSystems to Announce Second Quarter Fiscal Year 2027 Financial ResultsOctober 8, 2026 | globenewswire.comAllegro's 2026 Outlook: Magnetic Sensor Innovation Powers Automotive Market LeadershipOctober 6, 2026 | finance.yahoo.comFederal Reserve Reveals Disturbing New Plan To Control Your MoneyDocket No. OP-1670 is drawing attention for what it reveals about the Federal Reserve's next move. Buried on page 84 is a plan that could expand oversight of checking accounts, purchases, and money transfers across the country. Martin D. Weiss, PhD, founder of Weiss Ratings, breaks down what this document means and why it could roll out as soon as this summer. | Weiss Ratings (Ad)Consensus price target for Allegro MicroSystems increases 15.55% to MX$1,374.12October 5, 2026 | msn.comAllegro MicroSystems (NASDAQ:ALGM) Shares Gap Up on Analyst UpgradeOctober 4, 2026 | americanbankingnews.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Stock Has Consensus Target Price of $53.17 According to AnalystsOctober 3, 2026 | americanbankingnews.comAllegro MicroSystems' Data Center, Auto Content Gains Support Momentum, RBC SaysOctober 2, 2026 | finance.yahoo.comWhy Is Allegro MicroSystems (ALGM) Stock Soaring TodayOctober 2, 2026 | finance.yahoo.comSee More Headlines ALGM Stock Analysis - Frequently Asked Questions How have ALGM shares performed this year? Allegro MicroSystems' stock was trading at $26.38 on January 1st, 2026. Since then, ALGM shares have increased by 27.6% and is now trading at $33.65. How were Allegro MicroSystems' earnings last quarter? Allegro MicroSystems, Inc. (NASDAQ:ALGM) posted its quarterly earnings data on Thursday, July, 30th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. The company's revenue was up 27.5% on a year-over-year basis. Read the conference call transcript. When did Allegro MicroSystems IPO? Allegro MicroSystems (ALGM) raised $325 million in an initial public offering (IPO) on Thursday, October 29th 2020. The company issued 25,000,000 shares at a price of $12.00-$14.00 per share. Barclays, Credit Suisse and Wells Fargo Securities served as the underwriters for the IPO and Jefferies, Mizuho Securities, Needham & Co. and SMBC Nikko were co-managers. Who are Allegro MicroSystems' major shareholders? Top institutional investors of Allegro MicroSystems include Whalen Wealth Management Inc., GAMMA Investing LLC and Farther Finance Advisors LLC. Insiders that own company stock include Electric Co Ltd Sanken, Vineet A Nargolwala, Michael Doogue, Sharon Briansky, Richard Madormo, Erin Hagen, Ian Kent, Richard R Lury, Roald Graham Webster and Susan D Lynch. View institutional ownership trends. How do I buy shares of Allegro MicroSystems? Shares of ALGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Allegro MicroSystems own? Based on aggregate information from My MarketBeat watchlists, some other companies that Allegro MicroSystems investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Super Micro Computer (SMCI), Micron Technology (MU), Broadcom (AVGO), Palantir Technologies (PLTR) and Tesla (TSLA). Company Calendar Last Earnings7/30/2026Today10/14/2026Next Earnings (Estimated)10/29/2026Fiscal Year End3/31/2027Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (1m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 ALGM's financial health is in the Red zone, according to TradeSmith. ALGM has been in this zone for over one month. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTechnology Industry Semiconductors & Semiconductor Equipment Sub-IndustrySemiconductors Current SymbolNASDAQ:ALGM CIK866291 Webwww.allegromicro.com Phone603-626-2300Fax603-641-5336Employees4,250Year Founded1990Price Target and Rating Average Price Target for Allegro MicroSystems$53.17 High Price Target$62.00 Low Price Target$39.00 Potential Upside/Downside+58.0%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage13 Analysts Profitability EPS (Trailing Twelve Months)$0.06 Trailing P/E Ratio560.93 Forward P/E Ratio51.77 P/E Growth1.06Net Income-$14.90 million Net Margins1.50% Pretax Margin1.32% Return on Equity8.30% Return on Assets5.65% Debt Debt-to-Equity Ratio0.30 Current Ratio3.70 Quick Ratio2.33 Sales & Book Value Annual Sales$890.10 million Price / Sales7.05 Cash Flow$0.67 per share Price / Cash Flow50.11 Book Value$5.16 per share Price / Book6.52Miscellaneous Outstanding Shares186,400,000Free Float185,470,000Market Cap$6.27 billion OptionableOptionable Beta1.99 Social Links 7 Stocks That Will Be Magnificent in 2026Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. 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