Allegro Microsystems, Inc. (ALGM)
NASDAQ:ALGM
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ALGM Stock Chart & Stats
$40.00
-$0.92(-3.77%)
At close: 4:00 PM EST
$40.00
-$0.92(-3.77%)
Day’s Range― - ―
52-Week Range$22.41 - $54.40
Previous CloseN/A
Volume656.31K
Average Volume (3M)2.50M
Market Cap
$9.39B
Enterprise Value$9.03B
Total Cash (Recent Filing)$168.75M
Total Debt (Recent Filing)$287.28M
Price to Earnings (P/E)―
Beta1.93
Next Earnings
Jul 30, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding186,222,410
10 Day Avg. Volume2,011,306
30 Day Avg. Volume2,504,756
Financial Highlights & Ratios
PEG Ratio4.72
Price to Book (P/B)5.84
Price to Sales (P/S)6.27
P/FCF Ratio44.69
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue10.15
Enterprise Value/Gross Profit21.92
Enterprise Value/Ebitda116.12
Forecast
1Y Price Target
$54.75Price Target Upside36.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.98
Revenue Forecast (FY)$1.06B
Bulls Say, Bears Say
Bulls Say
Cash Generation & DeleveragingSustained, strong operating cash flow (~$163M TTM) and record FY26 free cash flow (~$125M) drive durable liquidity. This funds R&D, capex, and voluntary debt paydowns ($60M repaid), improving financial flexibility and enabling reinvestment and weathering cyclicality over many quarters.
Product & Technology LeadershipIndustry-first sensor and power products (10 MHz TMR, ASIL D angle sensor, isolated SiC gate driver) strengthen technical differentiation. Higher bandwidth/accuracy and safety-grade offerings increase design stickiness, support premium content per platform, and sustain competitive product-led growth.
Design Wins, Backlog & End‑market MomentumRising design wins (>30% YoY) and a multiyear-high backlog provide durable revenue visibility and support multi-quarter production ramps. Combined with strong auto content gains and growing data center/industrial traction, this underpins sustained unit demand and platform share gains.
Bears Say
Automotive Revenue ConcentrationHeavy exposure to automotive (71% of sales) concentrates revenue on vehicle production cycles, OEM program timing and pricing negotiations. While xEV/ADAS content growth is positive, this concentration amplifies exposure to model timing, macro auto demand swings, and OEM margin pressure over quarters.
Profitability Not Fully NormalizedAlthough margins improved (FY26 gross margin ~49.4%), management's >55% target is unmet and TTM earnings remain slightly negative. Sustained margin expansion is required to normalize returns and ROE; commodity costs and pricing dynamics could delay achieving target structural profitability.
Elevated Inventory / Working CapitalHigh inventory days (128) tie up cash and raise cash-conversion risk if demand shifts. Elevated working capital can strain liquidity and limit nimble allocation to R&D or capex, and may amplify margin pressure if forced discounting or higher carrying costs persist across multiple quarters.
Allegro MicroSystems News
ALGM FAQ
What was Allegro Microsystems, Inc.’s price range in the past 12 months?
Allegro Microsystems, Inc. lowest stock price was $22.41 and its highest was $54.40 in the past 12 months.
What is Allegro Microsystems, Inc.’s market cap?
Allegro Microsystems, Inc.’s market cap is $9.39B.
When is Allegro Microsystems, Inc.’s upcoming earnings report date?
Allegro Microsystems, Inc.’s upcoming earnings report date is Jul 30, 2026 which is in 44 days.
How were Allegro Microsystems, Inc.’s earnings last quarter?
Allegro Microsystems, Inc. released its earnings results on May 07, 2026. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.163 by $0.007.
Is Allegro Microsystems, Inc. overvalued?
According to Wall Street analysts Allegro Microsystems, Inc.’s price is currently Undervalued.
Does Allegro Microsystems, Inc. pay dividends?
Allegro Microsystems, Inc. does not currently pay dividends.
What is Allegro Microsystems, Inc.’s EPS estimate?
Allegro Microsystems, Inc.’s EPS estimate is 0.21.
How many shares outstanding does Allegro Microsystems, Inc. have?
Allegro Microsystems, Inc. has 186,222,410 shares outstanding.
What happened to Allegro Microsystems, Inc.’s price movement after its last earnings report?
Allegro Microsystems, Inc. reported an EPS of $0.17 in its last earnings report, beating expectations of $0.163. Following the earnings report the stock price went down -6.697%.
Which hedge fund is a major shareholder of Allegro Microsystems, Inc.?
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
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Analyst Consensus
Strong Buy
Average Price Target:
$54.75 (36.88% Upside)
$54.75 (36.88% Upside)
Blogger Sentiment
Bullish
ALGM Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 62.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 7.4%
Last 30 Days ▲ 7.4%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
68.63%
12-Months-Change
Fundamentals
Return on Equity
-1.57%
Trailing 12-Months
Asset Growth
-0.43%
Trailing 12-Months
Company Description
Allegro Microsystems, Inc.
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed materially positive operating momentum: broad-based revenue growth (23% FY), expanding design wins and backlog, record free cash flow, and margin improvement despite commodity headwinds. Management acknowledged cost pressures (notably gold, fuel/freight) and seasonality-driven effects in China and pricing negotiations, and some new product revenue is back-end loaded. On balance, the scale and durability of revenue, margin progress, and cash generation outweigh the manageable near-term headwinds.View all ALGM earnings summariesALGM Stock 12 Month Forecast
Average Price Target
$54.75
▲(36.88% Upside)
Technical Analysis
Ownership Overview
0.75% Insiders
38.98% Mutual Funds
16.73% Other Institutional Investors
26.90% Public Companies and Individual Investors