NASDAQ:ALGM Allegro MicroSystems (ALGM) Stock Price, News & Analysis $39.53 +3.15 (+8.66%) Closing price 10/2/2026 04:00 PM EasternExtended Trading$39.76 +0.23 (+0.58%) As of 10/2/2026 07:57 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. 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$38.15▼$40.0350-Day Range$33.02▼$46.8052-Week Range$22.41▼$71.77Volume5.91 million shsAverage Volume2.32 million shsMarket Capitalization$7.37 billionP/E Ratio658.94Dividend 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™ Stocks86th Percentile Overall ScoreALGM MarketRank™: Allegro MicroSystems scored higher than 86% of companies evaluated by MarketBeat, and ranked 207th 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 Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingAllegro MicroSystems has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 1 strong buy rating, 10 buy ratings, 1 hold rating, and 1 sell rating.Upside PotentialAllegro MicroSystems has a consensus price target of $53.17, representing about 34.5% upside from its current price of $39.53.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 658.94, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Allegro MicroSystems is 658.94, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 81.43.Price to Earnings Growth RatioAllegro MicroSystems has a PEG Ratio of 1.15. 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 7.66. 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 Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted5.63% 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 5.18.Change versus previous monthShort interest in Allegro MicroSystems has recently decreased by 18.58%, indicating that investor sentiment is improving 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 Media3.0 / 5News Sentiment0.81 News SentimentAllegro MicroSystems has a news sentiment score of 0.81. 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 is a higher news sentiment than the 0.50 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Allegro MicroSystems this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for ALGM on MarketBeat in the last 30 days. This is a decrease of -25% 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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(NASDAQ:ALGM) Stock Has Consensus Target Price of $53.17 According to AnalystsOctober 3 at 2:15 AM | americanbankingnews.comAllegro MicroSystems' Data Center, Auto Content Gains Support Momentum, RBC SaysOctober 2 at 7:07 PM | finance.yahoo.comThe REAL Reason Trump is Invading IranFor a moment… Forget about Trump’s ties to Israel. Forget about reports of Iran’s nuclear program. Because my research has led me to believe we’re risking World War 3 with Iran for a completely different reason.October 3 at 1:00 AM | Banyan Hill Publishing (Ad)Why Is Allegro MicroSystems (ALGM) Stock Soaring TodayOctober 2 at 7:07 PM | finance.yahoo.com1 profitable stock worth your attention and 2 we questionOctober 2 at 9:04 AM | msn.comAllegro Microsystems, Onto Innovation in focus as RBC starts with Outperform ratingOctober 2 at 9:04 AM | seekingalpha.comAllegro Microsystems Inc (ALGM)September 22, 2026 | in.investing.comMorgan Stanley Remains a Buy on Allegro MicroSystems (ALGM)September 20, 2026 | theglobeandmail.comSee More Headlines ALGM Stock Analysis - Frequently Asked Questions How have ALGM shares performed this year? Allegro MicroSystems' stock was trading at $26.38 at the beginning of the year. Since then, ALGM shares have increased by 49.8% and is now trading at $39.53. How were Allegro MicroSystems' earnings last quarter? Allegro MicroSystems, Inc. (NASDAQ:ALGM) announced its quarterly earnings results on Thursday, July, 30th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. The business's revenue was up 27.5% compared to the same quarter last year. Read the conference call transcript. When did Allegro MicroSystems IPO? Allegro MicroSystems (ALGM) raised $325 million in an 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. 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 Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), McKesson (MCK), Meta Platforms (META), NVIDIA (NVDA) and Charles Schwab (SCHW). Company Calendar Last Earnings7/30/2026Today10/03/2026Next 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+34.5%Consensus RatingModerate Buy Rating Score (0-4)2.85 Research Coverage13 Analysts Profitability EPS (Trailing Twelve Months)$0.06 Trailing P/E Ratio658.94 Forward P/E Ratio60.82 P/E Growth1.15Net 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$945.93 million Price / Sales7.79 Cash Flow$0.73 per share Price / Cash Flow53.95 Book Value$5.16 per share Price / Book7.66Miscellaneous Outstanding Shares186,402,000Free Float185,470,000Market Cap$7.37 billion OptionableOptionable Beta1.99 Social Links 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.Get This Free Report This page (NASDAQ:ALGM) was last updated on 10/3/2026 by MarketBeat.com Staff. From Our PartnersThe $15 Gold Fund That Pays Up to $1,152/MonthGold is hitting record highs, but most investors are leaving income on the table. 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