Allegro MicroSystems Inc. (ALGM) Stock Price, Quote & News

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Allegro MicroSystems Inc. (ALGM)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

22.89

-0.15 (-0.65%)

At close: Jan 14, 2025, 3:59 PM

22.91

0.11%

After-hours Jan 14, 2025, 04:00 PM EST

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Bid	22.26
Market Cap	4.21B
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	-0.14
PE Ratio (ttm)	-163.46
Forward PE	n/a
Analyst	Buy

Ask	23.51
Volume	1,129,342
Avg. Volume (20D)	1,983,967
Open	23.45
Previous Close	23.04
Day's Range	22.75 - 23.46
52-Week Range	18.59 - 33.26
Beta	undefined

About ALGM

Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; power ICs comprising motor driver ICs, and regulator and LED driver ICs; and photonic and 3D sensing components, including photodiodes, eye-safe lasers, and readou...

[Show more]

Industry Semiconductors

Sector Technology

IPO Date Oct 29, 2020

Employees 4,593

Stock Exchange NASDAQ

Ticker Symbol ALGM

Website https://www.allegromicro.com/en

Analyst Forecast

According to 10 analyst ratings, the average rating for ALGM stock is "Buy." The 12-month stock price forecast is $34, which is an increase of 48.57% from the latest price.

Buy 80.00%

Hold 10.00%

Sell 0.00%

Stock Forecasts

Next Earnings Release

Allegro MicroSystems Inc. is scheduled to release its earnings on Jan 30, 2025, before market opens.
Analysts project revenue of $176.36M, reflecting a -30.83% YoY shrinking and earnings per share of 0.06, making a -81.25% decrease YoY.

Why Price Moved

3 weeks ago · Source

-4.67%

Shares of semiconductor companies are trading lowe... Unlock content with Pro Subscription

1 month ago · Source

+4.79%

Shares of companies within the broader tech sector are trading higher, with stocks rising amid a drop in yields. President-elect Trump nominated Scott Bessent as Treasury Secretary.

News

1 week ago · seekingalpha.com

Stock Picks From Seeking Alpha's December 2024 New Analysts

In December, we welcomed 29 new analysts to Seeking Alpha and in this article we are showcasing their stock picks and investment strategies. Five buy picks are highlighted on Viasat, Newmont, NeuroOne...

1 month ago · seekingalpha.com

Allegro MicroSystems: Strong Business And Growth Potential

Allegro MicroSystems has been oversold compared to its peers as the industry suffered a cyclical downturn. ALGM's strong business fundamentals and growth prospects are not reflected in the current sto...

1 month ago · seekingalpha.com

Allegro Microsystems: Short-Term Headwinds Impact Growth

Allegro MicroSystems faces revenue challenges in FY2025, with a 36% YoY decline in H1 due to weaknesses in both MS and PIC segments. The DAO semiconductor market's downturn and elevated inventory leve...

2 months ago · https://thefly.com

Loop starts Allegro at Buy, says 'checks boxes' in secular growth drivers

Loop Capital initiated coverage of Allegro MicroSystems with a Buy rating and $30 price target. While cyclical headwinds my limit Allegro's bounce off the bottom, at least in the near-term, the firm b...

2 months ago · https://thefly.com

Allegro MicroSystems initiated with a Buy at Loop Capital

Loop Capital initiated coverage of Allegro MicroSystems with a Buy rating and $30 price target.

2 months ago · seekingalpha.com

Allegro MicroSystems, Inc. (ALGM) Q2 2025 Earnings Call Transcript

Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q2 2025 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Jalene Hoover – Vice President of Investor Relations and Corporate Communica...

2 months ago · zacks.com

Allegro MicroSystems, Inc. (ALGM) Q2 Earnings and Revenues Surpass Estimates

Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.40 per share a year ago.