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ALGM Stock Chart & Stats
$37.44
-$4.04(-8.07%)
At close: 4:00 PM EDT
$37.44
-$4.04(-8.07%)
Day’s Range― - ―
52-Week Range$22.41 - $71.77
Previous CloseN/A
Volume1.57M
Average Volume (3M)2.60M
Market Cap
$5.89B
Enterprise Value$11.01B
Total Cash (Recent Filing)$162.03M
Total Debt (Recent Filing)$287.16M
Price to Earnings (P/E)390.4
Beta1.90
Next Earnings
Oct 29, 2026EPS Estimate
0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.08
Shares Outstanding186,402,040
10 Day Avg. Volume2,821,126
30 Day Avg. Volume2,599,039
Financial Highlights & Ratios
PEG Ratio4.71
Price to Book (P/B)5.84
Price to Sales (P/S)6.27
P/FCF Ratio44.69
Enterprise Value/Market Cap1.87
Enterprise Value/Revenue11.63
Enterprise Value/Gross Profit24.65
Enterprise Value/Ebitda105.94
Forecast
1Y Price Target
$52.43Price Target Upside40.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)1.03
Revenue Forecast (FY)$1.10B
Bulls Say, Bears Say
Bulls Say
Structural End-Market GrowthExposure to expanding data-center power needs, electrification, ADAS, and robotics gives Allegro multiple durable growth avenues. These markets can increase semiconductor content per system and reduce reliance on any single end market over the next several quarters.
Technology And Design-Win MomentumShare gains from differentiated TMR sensing and broad design-win momentum can create multi-year production revenue because automotive and industrial platforms typically remain in production for extended periods. Rising bookings also support future conversion into sales.
Margin Recovery PotentialThe sharp improvement in gross and operating margins indicates operating leverage, product-mix benefits, factory efficiencies, and cost initiatives are taking effect. Progress toward 55% gross margin could materially strengthen earnings quality and internal funding capacity.
Bears Say
Incomplete Profitability TurnaroundRevenue and operating results have recovered, but negative net margin and ROE show that the turnaround has not yet restored durable bottom-line profitability. Continued sensitivity to pricing, product mix, and operating costs could limit earnings resilience.
Declining Free Cash FlowPositive cash generation supports the business, yet the substantial decline in free cash flow weakens a key source of financial flexibility. If the deterioration persists, Allegro may have less capacity to fund growth investments, absorb volatility, or improve shareholder returns.
Capacity And Pricing PressureBack-end capacity constraints can delay revenue conversion even when demand and bookings are strong, while automotive pricing declines pressure realized revenue and margins. Although capacity expansion is underway, these issues may weigh on execution during the next several quarters.
Allegro MicroSystems News
ALGM FAQ
What was Allegro MicroSystems’s price range in the past 12 months?
Allegro MicroSystems lowest stock price was $22.41 and its highest was $71.77 in the past 12 months.
What is Allegro MicroSystems’s market cap?
Allegro MicroSystems’s market cap is $5.89B.
When is Allegro MicroSystems’s upcoming earnings report date?
Allegro MicroSystems’s upcoming earnings report date is Oct 29, 2026 which is in 10 days.
How were Allegro MicroSystems’s earnings last quarter?
Allegro MicroSystems released its earnings results on Jul 30, 2026. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02.
Is Allegro MicroSystems overvalued?
According to Wall Street analysts Allegro MicroSystems’s price is currently Undervalued.
Does Allegro MicroSystems pay dividends?
Allegro MicroSystems does not currently pay dividends.
What is Allegro MicroSystems’s EPS estimate?
Allegro MicroSystems’s EPS estimate is 0.25.
How many shares outstanding does Allegro MicroSystems have?
Allegro MicroSystems has 186,402,040 shares outstanding.
What happened to Allegro MicroSystems’s price movement after its last earnings report?
Allegro MicroSystems reported an EPS of $0.23 in its last earnings report, beating expectations of $0.21. Following the earnings report the stock price went down -1.801%.
Which hedge fund is a major shareholder of Allegro MicroSystems?
Currently, no hedge funds are holding shares in ALGM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Allegro MicroSystems Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$52.43 (40.03% Upside)
$52.43 (40.03% Upside)
Blogger Sentiment
Bullish
ALGM Sentiment 71%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 176.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.80%
12-Months-Change
Fundamentals
Return on Equity
1.48%
Trailing 12-Months
Asset Growth
1.64%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Allegro MicroSystems
Allegro MicroSystems, Inc. focuses on the creation, production, and worldwide distribution of sophisticated integrated circuits (ICs). Their primary offerings consist of sensor ICs and custom-designed analog power ICs, developed mainly for motion control and energy-saving applications. The company's product line includes magnetic sensor ICs, which are crucial for measuring position, speed, and current. They also supply various power management ICs, such as motor drivers, voltage regulators, and LED drivers. Furthermore, Allegro provides photonic and 3D sensing components, encompassing photodiodes, eye-safe laser solutions, and readout ICs essential for LiDAR systems. Allegro primarily sells its components to original equipment manufacturers (OEMs) and suppliers, with a strong emphasis on the automotive and industrial industries. Their distribution network is multifaceted, utilizing a direct sales team, independent sales representatives, third-party distributors, and consignment models. With operations spanning across the globe, the company has a presence in the United States, the broader Americas, Europe, Japan, Greater China, South Korea, and various other markets in Asia. Allegro MicroSystems was established in 1990, maintains its headquarters in Manchester, New Hampshire, and operates as a subsidiary of Sanken Electric Co., Ltd.
ALGM Company Deck
ALGM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive, supported by record revenue, substantial year-over-year EPS growth, expanding bookings and backlog, robust automotive and data center demand, major design wins, improving margins, and constructive second-quarter guidance. The principal challenges were back-end capacity constraints, low single-digit automotive contract pricing declines, inflationary cost headwinds, lumpy general industrial demand, and the timing of pricing benefits. Overall, the highlights significantly outweighed the lowlights.View all ALGM earnings summariesALGM Stock 12 Month Forecast
Average Price Target
$52.43
▲(40.03% Upside)
Technical Analysis
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Ownership Overview
0.75% Insiders
39.84% Mutual Funds
0.03% Other Institutional Investors
40.61% Public Companies and Individual Investors