Allegro Microsystems

ALGM · NASDAQ

$33.91+$0.74 (+2.23%)TodayMarket closed ·
Prev close $33.17

About ALGM

Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. The company is headquartered in Manchester, New Hampshire and currently employs 4,060 full-time employees. The company went IPO on 2020-10-29. The firm is a global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific power ICs, enabling the important emerging technologies in the automotive and industrial markets. Its sensor ICs enable its customers to measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor drivers, power management ICs, light-emitting diode (LED) driver ICs and isolated gate drivers. Its product portfolio includes over 1,500 products across a range of high-performance analog mixed-signal semiconductors. The firm also offers tunneling magnetoresistance (TMR) sensor solutions that provide the highest magnetic sensitivity, lowest power consumption, and the smallest size by comparison to other magnetic technologies.

Employees
4,060
Headquarters
Manchester, New Hampshire
Listed
Oct 29, 2020
Sector
Information Technology
Industry
Semiconductors & Semiconductor Equipment

ALGM key statistics

Market cap
6.18B
Price-earnings ratio
552.83
Dividend yield
—
Average volume
2.95M
Volume
1.76M
Open price
$32.46
High today
$34.33
Low today
$32.12
52 Week high
$71.77
52 Week low
$22.41

Allegro Microsystems (ALGM) at a glance

Allegro Microsystems (ALGM) last traded at $33.91, with a market cap of 6.18B and a price-to-earnings ratio of 552.83.

Today the stock has traded between $32.12 and $34.33. The current price is 5.6% above the day's low and 1.2% below its high.

Volume so far is 1.76M shares, below the average of 2.95M shares a day.

Over the past year Allegro Microsystems has ranged from $22.41 to $71.77, and now sits 23% of the way up that range.

Allegro Microsystems met or beat analyst EPS estimates in 8 of the last 8 quarters. In Q1 FY27 it reported $0.23 per share against an estimate of $0.2142.

The average analyst price target is $55.93, 64.9% above the current price, from 12 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

92%of 12 analyst ratings say Buy
  • Buy91.7%
  • Hold8.3%
  • Sell0.0%
Price target · 14 analystsAvg $55.93
Low
$48.48
Now
$33.91
High
$65.10

ALGM earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 8 of the last 8 quarters, by 8.6% on average.

  1. Q2 FY25: reported $0.08 per share against an estimate of $0.0638
  2. Q3 FY25: reported $0.07 per share against an estimate of $0.0664
  3. Q4 FY25: reported $0.06 per share against an estimate of $0.051
  4. Q1 FY26: reported $0.09 per share against an estimate of $0.0856
  5. Q2 FY26: reported $0.13 per share against an estimate of $0.1261
  6. Q3 FY26: reported $0.15 per share against an estimate of $0.1461
  7. Q4 FY26: reported $0.17 per share against an estimate of $0.1667
  8. Q1 FY27: reported $0.23 per share against an estimate of $0.2142

ALGM news

  • Press releaseBusiness Wire

    Clean Harbors Appoints Robert Willett Chairman of the Board

  • Piero Cingari

    Which Semiconductor ETF Is Winning The AI Race In 2026?

  • 10 Information Technology Stocks Whale Activity In Today's Session

  • Piero Cingari

    Nasdaq 100 Plunges Over 3% On Rate Hike Jitters, Bitcoin's Bloodbath Worsens: Stock Market Today

  • Piero Cingari

    Nasdaq 100 Hits Record Above 30,000 On Micron's 18% Rally: Stock Market Today

  • Avi Kapoor

    5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

  • Piero Cingari

    Dow Jones Extends Record Highs, Silver Hits $80: What's Moving Markets Tuesday?

  • Piero Cingari

    S&P 500 Hits All-Time Highs On Christmas Eve, VIX Drops To One-Year Low: What's Moving Markets Wednesday?

Similar companies

Companies in the same industry as Allegro Microsystems

Most active stocks

Highest trading volume today

Newly listed

Companies that went public in the past six weeks

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.