24.03

3.88% -0.9768

Allegro Microsystems Inc (ALGM)

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

Allegro Microsystems Inc stock is traded at $24.03, with a volume of 1.99M. It is down -3.88% in the last 24 hours and down -1.39% 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:

$25.01

Open:

$25.23

24h Volume:

1.99M

Relative Volume:

0.95

Market Cap:

$4.60B

Revenue:

$849.88M

Net Income/Loss:

$-25.12M

P/E Ratio:

-171.67

EPS:

-0.14

Net Cash Flow:

$65.45M

1W Performance:

-0.21%

1M Performance:

-1.39%

6M Performance:

+17.38%

1Y Performance:

-19.44%

1-Day Range:

$23.87

$25.23

1-Week Range:

$22.16

$25.55

52-Week Range:

$18.59

$33.26

Allegro Microsystems Inc Stock (ALGM) Company Profile

Name

Allegro Microsystems Inc

Sector

Technology (780)

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	24.06	4.60B	849.88M	-25.12M	65.45M	-0.14
NVDA Nvidia Corp	128.10	3.15T	113.27B	63.07B	56.55B	2.541
TSM Taiwan Semiconductor Manufacturing Adr	206.73	1.09T	90.09B	36.51B	27.12B	7.0399
AVGO Broadcom Inc	225.49	1.08T	51.57B	5.90B	19.41B	1.226
QCOM Qualcomm Inc	167.64	187.27B	38.96B	10.14B	11.16B	8.99
AMD Advanced Micro Devices Inc	107.79	178.51B	25.79B	1.64B	2.41B	0.99

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

07:45 AM

Why Allegro Microsystems (ALGM) Is Skyrocketing So Far In 2025? - Yahoo Finance

07:45 AM

Feb 06, 2025

Allegro MicrosystemsEnters Amendment No. 3 To Credit Agreement -February 06, 2025 at 05:57 pm EST - Marketscreener.com

Feb 06, 2025

Allegro MicroSystems secures $375 million in new term loans - Investing.com

Feb 06, 2025

Feb 04, 2025

Trend Tracker for (ALGM) - Stock Traders Daily

Feb 04, 2025

Feb 03, 2025

Allegro MicroSystems Appoints Dr. Krishna Palepu to its Board of Directors - GlobeNewswire

Feb 03, 2025

Allegro MicroSystems (NASDAQ:ALGM) Trading Down 5.1%Should You Sell? - MarketBeat

Feb 03, 2025

Allegro Microsystems' SWOT analysis: magnetic sensor maker faces headwinds By Investing.com - Investing.com Canada

Feb 03, 2025

Allegro MicroSystems (NASDAQ:ALGM) Price Target Raised to $23.00 - MarketBeat

Feb 03, 2025

Allegro MicroSystems expands board with new director - MSN

Feb 03, 2025

Allegro MicroSystems expands board with new director By Investing.com - Investing.com Australia

Feb 03, 2025

Allegro Microsystems' SWOT analysis: magnetic sensor maker faces headwinds - Investing.com

Feb 03, 2025

Allegro Microsystems Appoints Dr. Krishna Palepu to Its Board of Directors -February 03, 2025 at 07:05 am EST - Marketscreener.com

Feb 03, 2025

Allegro MicroSystems Expands Board with New Appointment - TipRanks

Feb 03, 2025

KBC Group NV Has $488,000 Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM) - MarketBeat

Feb 03, 2025