Allegro MicroSystems, Inc. (ALGM)

NASDAQ: ALGM · Real-Time Price · USD
57.89
-2.27 (-3.77%)
At close: Jun 26, 2026, 4:00 PM EDT
57.17
-0.72 (-1.24%)
After-hours: Jun 26, 2026, 7:50 PM EDT
-3.77%
Market Cap 10.78B
Revenue (ttm) 890.10M
Net Income (ttm) -14.90M
Shares Out 186.22M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 55.01
Dividend n/a
Ex-Dividend Date n/a
Volume 12,165,129
Open 57.34
Previous Close 60.16
Day's Range 56.50 - 60.39
52-Week Range 22.41 - 61.68
Beta 1.98
Analysts Strong Buy
Price Target 55.73 (-3.73%)
Earnings Date Jul 30, 2026

About ALGM

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its produc... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Oct 29, 2020
Employees 4,250
Stock Exchange NASDAQ
Ticker Symbol ALGM
Full Company Profile

Financial Performance

In fiscal year 2026, Allegro MicroSystems's revenue was $890.10 million, an increase of 22.77% compared to the previous year's $725.01 million. Losses were -$14.90 million, -79.60% less than in 2025.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price target is $55.73, which is a decrease of -3.73% from the latest price.

Price Target
$55.73
(-3.73% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Allegro MicroSystems Proxy statement: Proxy filing

Allegro MicroSystems filed a proxy statement on June 24, 2026, providing details for shareholder voting and corporate governance matters.

2 days ago - Filings

Allegro MicroSystems Proxy statement: Proxy filing

Allegro MicroSystems filed a proxy statement on June 24, 2026, providing details for shareholder voting and corporate governance matters.

2 days ago - Filings

Allegro MicroSystems price target raised to $70 from $55 at TD Cowen

TD Cowen analyst Joshua Buchalter raised the firm’s price target on Allegro MicroSystems (ALGM) to $70 from $55 and keeps a Buy rating on the shares. The firm updated its…

4 days ago - TheFly

Allegro MicroSystems appoints White to Board of Directors

Allegro MicroSystems (ALGM) announced the appointment of Brian White to Allegro’s Board of Directors as an independent director. White’s appointment was effective on June 17, 2026.

8 days ago - TheFly

Allegro MicroSystems Appoints Brian White to its Board of Directors

MANCHESTER, N.H., June 18, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced the appointment of Brian C. White to Allegro's Board of Directors (“Board”) as an independ...

8 days ago - GlobeNewsWire

Allegro MicroSystems Transcript: TD Cowen's 54th Annual Technology, Media & Telecom Conference

Allegro MicroSystems reported strong FY 2026 growth, driven by automotive, data center, and industrial markets. Strategic focus on ADAS, XEV, and TMR technology is expanding content opportunities, while improved visibility and robust backlog support future growth. Gross margin recovery is underway, with targeted pricing and ample capacity.

4 weeks ago - Transcripts

Allegro MicroSystems Appoints Robert Willett to its Board of Directors

MANCHESTER, N.H., May 13, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced the appointment of Robert J.

6 weeks ago - GlobeNewsWire

Allegro MicroSystems to Present at TD Cowen's 54th Annual Technology, Media & Telecom Conference on Wednesday, May 27, 2026

MANCHESTER, N.H., May 13, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy eff...

6 weeks ago - GlobeNewsWire

Allegro MicroSystems price target raised to $55 from $52 at UBS

UBS analyst Timothy Arcuri raised the firm’s price target on Allegro MicroSystems (ALGM) to $55 from $52 and keeps a Buy rating on the shares.

7 weeks ago - TheFly

Allegro MicroSystems price target raised to $53 from $49 at Evercore ISI

Evercore ISI analyst Mark Lipacis raised the firm’s price target on Allegro MicroSystems (ALGM) to $53 from $49 and keeps an Outperform rating on the shares.

7 weeks ago - TheFly

Allegro MicroSystems price target raised to $54 from $44 at Mizuho

Mizuho analyst Vijay Rakesh raised the firm’s price target on Allegro MicroSystems (ALGM) to $54 from $44 and keeps an Outperform rating on the shares.

7 weeks ago - TheFly

Allegro MicroSystems price target raised to $48 from $46 at Barclays

Barclays analyst Tom O’Malley raised the firm’s price target on Allegro MicroSystems (ALGM) to $48 from $46 and keeps an Overweight rating on the shares.

7 weeks ago - TheFly

Allegro MicroSystems price target raised to $62 from $45 at Jefferies

Jefferies analyst Blayne Curtis raised the firm’s price target on Allegro MicroSystems (ALGM) to $62 from $45 and keeps a Buy rating on the shares following Q1 results. The firm…

7 weeks ago - TheFly

Allegro MicroSystems reports Q4 EPS 17c, consensus 16c

Reports Q4 revenue $243.19M, consensus $235.94M. “We finished fiscal year 2026 with strong momentum, delivering a fifth consecutive quarter of sales growth at $243 million. Non-GAAP EPS nearly tripled...

7 weeks ago - TheFly

Allegro MicroSystems sees Q1 EPS 19c-23c, consensus 20c

Sees Q1 revenue $245M-$255M, consensus $246.9M.

7 weeks ago - TheFly

Allegro MicroSystems Earnings Call Transcript: Q4 2026

Delivered strong Q4 and FY26 results with sales up 23% year-over-year and EPS more than doubling. Data Center and Focus Auto segments led growth, with robust design win momentum and a multi-year high backlog. FY27 outlook calls for continued above-market growth and margin expansion.

7 weeks ago - Transcripts

Allegro MicroSystems Earnings release: Q4 2026

Allegro MicroSystems released its Q4 2026 earnings on May 7, 2026, summarizing the period's financial results.

7 weeks ago - Filings

Allegro MicroSystems Slides: Q4 2026

Allegro MicroSystems has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 7, 2026.

7 weeks ago - Filings

Allegro MicroSystems Annual report: Q4 2026

Allegro MicroSystems has published its Q4 2026 annual report on May 7, 2026.

7 weeks ago - Filings

Allegro MicroSystems Annual report: Q4 2026

Allegro MicroSystems has published its Q4 2026 annual report on May 7, 2026.

7 weeks ago - Filings

Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2026 Results

Fourth Quarter Sales Increased by 26% Year-over-Year to $243 Million Fiscal Year 2026 Sales Increased by 23% Year-over-Year to $890 Million

7 weeks ago - GlobeNewsWire

Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2026 Financial Results

MANCHESTER, N.H., April 16, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2026 prior t...

2 months ago - GlobeNewsWire

Allegro MicroSystems price target raised to $45 from $41 at Needham

Needham raised the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $41 and keeps a Buy rating on the shares. The firm is positive on the company’s Analyst…

4 months ago - TheFly

Allegro MicroSystems price target raised to $45 from $42 at BofA

BofA raised the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $42 and keeps a Buy rating on the shares after the company issued an “attractive” three to…

4 months ago - TheFly

Allegro MicroSystems price target raised to $45 from $43 at Jefferies

Jefferies raised the firm’s price target on Allegro MicroSystems (ALGM) to $45 from $43 and keeps a Buy rating on the shares. The company’s margin guide came in lower but…

4 months ago - TheFly