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Allegro MicroSystems (ALGM) Stock Price, News & Analysis

Allegro MicroSystems logo
$48.95 +1.02 (+2.13%)
Closing price 04:00 PM Eastern
Extended Trading
$47.98 -0.97 (-1.97%)
As of 07:03 PM Eastern
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About Allegro MicroSystems Stock (NASDAQ:ALGM)

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Key Stats

Today's Range
$47.26
$49.17
50-Day Range
$28.04
$51.37
52-Week Range
$21.41
$51.40
Volume
2.54 million shs
Average Volume
2.43 million shs
Market Capitalization
$9.07 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$51.80
Consensus Rating
Moderate Buy

Company Overview

Allegro MicroSystems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
43rd Percentile Overall Score

ALGM MarketRank™: 

Allegro MicroSystems scored higher than 43% of companies evaluated by MarketBeat, and ranked 487th out of 624 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Allegro MicroSystems has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 10 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside/Downside

    The consensus price target for Allegro MicroSystems is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Allegro MicroSystems has been the subject of 9 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 Growth

    Earnings for Allegro MicroSystems are expected to grow by 155.56% in the coming year, from $0.27 to $0.69 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Allegro MicroSystems is -611.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Allegro MicroSystems is -611.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Allegro MicroSystems has a P/B Ratio of 9.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    6.75% of the float of Allegro MicroSystems has been sold short.
  • Short Interest Ratio / Days to Cover

    Allegro MicroSystems has a short interest ratio ("days to cover") of 7.48.
  • Change versus previous month

    Short interest in Allegro MicroSystems has recently increased by 4.45%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Allegro MicroSystems does not currently pay a dividend.

  • Dividend Growth

    Allegro MicroSystems does not have a long track record of dividend growth.

  • News Sentiment

    Allegro MicroSystems has a news sentiment score of 0.57. 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 Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 25 news articles for Allegro MicroSystems this week, compared to 4 articles on an average week.
  • Search Interest

    21 people have searched for ALGM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Allegro MicroSystems to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Allegro MicroSystems insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.40% of the stock of Allegro MicroSystems is held by insiders.

  • Percentage Held by Institutions

    56.45% 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.
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ALGM Stock News Headlines

Allegro MicroSystems (NASDAQ:ALGM) Q1: Beats On Revenue
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ALGM Stock Analysis - Frequently Asked Questions

Allegro MicroSystems' stock was trading at $26.38 at the beginning of 2026. Since then, ALGM stock has increased by 83.1% and is now trading at $48.3110.

Allegro MicroSystems, Inc. (NASDAQ:ALGM) posted its quarterly earnings results on Thursday, May, 7th. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. Allegro MicroSystems's revenue for the quarter was up 26.1% compared to the same quarter last year.
Read the conference call transcript
.

Allegro MicroSystems (ALGM) raised $325 million in an initial public offering on Thursday, October 29th 2020. The company issued 25,000,000 shares at $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.

Top institutional investors of Allegro MicroSystems include Dimensional Fund Advisors LP (1.17%), Principal Financial Group Inc. (0.97%), Bank of New York Mellon Corp (0.40%) and Lightrock Netherlands B.V. (0.27%). Insiders that own company stock include Electric Co Ltd Sanken, Vineet A Nargolwala, Michael Doogue, Derek D'antilio, Richard R Lury, Joseph R Martin and Roald Graham Webster.
View institutional ownership trends
.

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.

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 Earnings
5/07/2026
Today
5/08/2026
Fiscal Year End
3/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
ELEC COMP - SEMIC
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:ALGM
CIK
866291
Employees
2,300
Year Founded
1990

Price Target and Rating

High Price Target
$62.00
Low Price Target
$39.00
Potential Upside/Downside
+5.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.09)
Trailing P/E Ratio
N/A
Forward P/E Ratio
181.30
P/E Growth
N/A
Net Income
-$73.01 million
Net Margins
-1.57%
Pretax Margin
-3.65%
Return on Equity
4.35%
Return on Assets
2.92%

Debt

Debt-to-Equity Ratio
0.30
Current Ratio
3.65
Quick Ratio
2.39

Sales & Book Value

Annual Sales
$839.73 million
Price / Sales
10.80
Cash Flow
$0.41 per share
Price / Cash Flow
118.54
Book Value
$5.06 per share
Price / Book
9.67

Miscellaneous

Outstanding Shares
185,291,000
Free Float
184,550,000
Market Cap
$9.07 billion
Optionable
Optionable
Beta
2.02

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This page (NASDAQ:ALGM) was last updated on 5/8/2026 by MarketBeat.com Staff.
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