22.33

5.98% 1.26

Allegro Microsystems Inc (ALGM)

Overview News Price History Option Chain Financials Why ALGM Down? Discussions Forecast

Allegro Microsystems Inc stock is traded at $22.33, with a volume of 3.09M. It is up +5.98% in the last 24 hours and down -3.87% over the past month. Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions.

Previous Close:

$21.07

Open:

$21.505

24h Volume:

3.09M

Relative Volume:

0.87

Market Cap:

$3.60B

Revenue:

$849.88M

Net Income/Loss:

$-25.12M

P/E Ratio:

-159.50

EPS:

-0.14

Net Cash Flow:

$65.45M

1W Performance:

+14.22%

1M Performance:

-3.87%

6M Performance:

+2.76%

1Y Performance:

-19.30%

1-Day Range:

$21.41

$22.65

1-Week Range:

$18.17

$22.65

52-Week Range:

$16.38

$33.26

Allegro Microsystems Inc Stock (ALGM) Company Profile

Name

Allegro Microsystems Inc

Sector

Technology (773)

Industry

Semiconductors (70)

Phone

(603) 626-2300

Address

955 PERIMETER ROAD, MANCHESTER

Employee

4,593

Twitter

Next Earnings Date

2024-10-31

Latest SEC Filings

ALGM's Discussions on Twitter

Compare ALGM with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
ALGM Allegro Microsystems Inc	22.33	3.60B	849.88M	-25.12M	65.45M	-0.14
NVDA Nvidia Corp	116.65	2.79T	130.50B	72.88B	60.85B	2.938
AVGO Broadcom Inc	208.20	957.50B	54.53B	10.07B	20.73B	2.082
TSM Taiwan Semiconductor Manufacturing Adr	176.52	929.84B	96.75B	40.32B	26.84B	7.7746
AMD Advanced Micro Devices Inc	102.84	160.19B	27.75B	2.23B	2.75B	1.36
QCOM Qualcomm Inc	145.18	153.51B	42.29B	11.04B	11.71B	9.82

Allegro Microsystems Inc Stock (ALGM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-22-24	Initiated	Wells Fargo	Overweight
Nov-12-24	Initiated	Loop Capital	Buy
Nov-07-24	Initiated	Morgan Stanley	Equal-Weight
Sep-03-24	Initiated	UBS	Buy
May-13-24	Initiated	Jefferies	Buy
May-10-24	Reiterated	TD Cowen	Buy
Apr-16-24	Initiated	Evercore ISI	Outperform
Feb-02-24	Reiterated	TD Cowen	Outperform
Feb-02-24	Upgrade	Wolfe Research	Peer Perform → Outperform
Sep-29-23	Initiated	BofA Securities	Neutral
Jul-20-23	Initiated	Wolfe Research	Peer Perform
May-25-22	Initiated	Cowen	Outperform
Jun-30-21	Initiated	William Blair	Outperform
Nov-23-20	Initiated	Credit Suisse	Outperform
Nov-23-20	Initiated	Jefferies	Buy
Nov-23-20	Initiated	Mizuho	Buy
Nov-23-20	Initiated	Needham	Buy

View All

Allegro Microsystems Inc Stock (ALGM) Latest News

09:18 AM

UBS Increases Price Target for Allegro MicroSystems (ALGM) to $25 | ALGM Stock News - GuruFocus

May 09, 2025

Allegro MicroSystems leads chip stocks higher after quarterly results - MSN

May 09, 2025

These Analysts Revise Their Forecasts On Allegro MicroSystems After Q4 Results - Benzinga

May 09, 2025

Barclays Raises Price Target for Allegro Microsystems (ALGM) | ALGM Stock News - GuruFocus

May 09, 2025

Allegro MicroSystems (ALGM) Coverage Resumed by Morgan Stanley with Equal Weight Rating | ALGM Stock News - GuruFocus

May 09, 2025

Needham Maintains Buy Rating, Lowers Price Target for ALGM | ALGM Stock News - GuruFocus

May 09, 2025

Barclays Increases Price Target for Allegro MicroSystems (ALGM) | ALGM Stock News - GuruFocus

May 09, 2025

Allegro MicroSystems Reports Q4 and FY 2025 Results - TipRanks

May 09, 2025