Latest News on ALGM

Financial News Based On Company


Advertisement
Advertisement

Allegro MicroSystems: Riding The 800-VDC Transition Across Robotics, Autos And More (ALGM)

https://seekingalpha.com/article/4920125-allegro-microsystems-riding-the-800-vdc-transition-across-robotics-autos-and-more
Allegro MicroSystems (ALGM) is poised for multiyear growth across the automotive, data center, and industrial robotics markets, driven by increasing vehicle sophistication, the 800-VDC transition in data centers, and an anticipated inflection point in robotics/physical AI. While shares reflect much of the near-term upside, the company's improved balance sheet (0.65x net debt/aEBITDA) supports strategic M&A, debt reduction, and share repurchases. The author assigns a Hold rating with a $64/share price target, citing top-of-cycle valuation.

ALGM - Allegro Microsystems Inc Options

https://finviz.com/stock?t=ALGM&ta=1&p=m&ty=oc&b=2
This article provides a detailed financial overview of Allegro Microsystems Inc (ALGM), including its stock performance, valuation metrics, income statement figures, balance sheet data, and insider/institutional ownership. It highlights the company's recent stock price of $55.49, a significant daily drop of 12.21%, and various key financial ratios and growth rates. The data covers areas from market capitalization to EPS forecasts and short interest.

ALGM - Allegro Microsystems Inc Latest SEC Filings

https://finviz.com/stock?t=ALGM&p=d&ty=lf
This article provides the latest SEC filing information and detailed financial performance metrics for Allegro Microsystems Inc (ALGM). It includes recent stock performance, key financial ratios, insider and institutional ownership data, and various valuation metrics.

Allegro MicroSystems Is Maintained at Outperform by Mizuho

https://www.moomoo.com/news/post/72198309/allegro-microsystems-is-maintained-at-outperform-by-mizuho
Mizuho has reiterated its Outperform rating on Allegro MicroSystems (ALGM) shares. The firm has also maintained a price target of $49. The article does not provide specific reasons for the rating or price target.

Allegro MicroSystems Unveils Industry's First Safety PMIC to Integrate a Wheel-Speed Sensor Interface for Electromechanical Braking

https://finance.yahoo.com/technology/articles/allegro-microsystems-unveils-industrys-first-123000719.html
Allegro MicroSystems, Inc. has introduced the A81415, the industry's first ASIL-D-certified Power Management IC (PMIC) with an integrated wheel-speed sensor interface, designed for electromechanical braking (EMB) systems. This single-chip solution simplifies brake-by-wire designs by eliminating up to nine external components, offering significant cost savings and increased board space. The A81415 supports both 12V and 48V automotive architectures, providing a scalable and highly reliable foundation for next-generation vehicle braking.
Advertisement

Price to sales forward of Allegro MicroSystems, Inc. – NASDAQ:ALGM

https://www.tradingview.com/symbols/NASDAQ-ALGM/financials-statistics-and-ratios/price-sales-fwd/
The article displays the "Price to sales forward" metric for Allegro MicroSystems, Inc. (ALGM) on TradingView. It appears to be a financial data point without any accompanying analytical text or historical values. The content primarily focuses on the navigation and structural elements of the TradingView platform.

Price to book forward of Allegro MicroSystems, Inc. – NASDAQ:ALGM

https://www.tradingview.com/symbols/NASDAQ-ALGM/financials-statistics-and-ratios/price-book-fwd/
This article provides the "Price to book forward" financial metric for Allegro MicroSystems, Inc. (NASDAQ: ALGM) as listed on TradingView. It indicates that the market was closed at the time of viewing and no trades were recorded. The content is primarily a data placeholder within a financial platform's interface.

Allegro MicroSystems, Inc. Unveils Industry's First Safety PMIC To Integrate A Wheel-Speed Sensor Interface For Electromechanical Braking

https://www.marketscreener.com/news/allegro-microsystems-inc-unveils-industry-s-first-safety-pmic-to-integrate-a-wheel-speed-sensor-in-ce7f5fd3db8af227
Allegro MicroSystems has introduced the A81415, the first ASIL-D-certified Power Management IC (PMIC) to integrate a wheel-speed sensor interface, designed for electromechanical braking (EMB) systems. This single-chip solution simplifies power and sensing, reducing external components and board space, and offers cost savings for automotive OEMs. The integration also shortens latency in critical braking functions and optimizes the signal chain for high-resolution systems.

Allegro MicroSystems (ALGM) Is Up 14.0% After Russell Growth Shift And Board Move Has The Bull Case Changed?

https://simplywall.st/stocks/us/semiconductors/nasdaq-algm/allegro-microsystems/news/allegro-microsystems-algm-is-up-140-after-russell-growth-shi/amp
Allegro MicroSystems (ALGM) gained 14.0% after being reclassified into Russell growth indices and appointing a new independent director with financial expertise. This shift highlights the market's view of Allegro as a growth-oriented semiconductor supplier for automotive electrification and AI infrastructure. While these developments reinforce the growth narrative, the article emphasizes that the core investment considerations like executing on automotive volumes and managing margin pressures remain key to the company's financial success and impact its fair value.

Allegro MicroSystems Unveils Industry's First Safety PMIC to Integrate a Wheel-Speed Sensor Interface for Electromechanical Braking

https://www.manilatimes.net/2026/07/02/tmt-newswire/globenewswire/allegro-microsystems-unveils-industrys-first-safety-pmic-to-integrate-a-wheel-speed-sensor-interface-for-electromechanical-braking/2377504/amp
Allegro MicroSystems has introduced the A81415, the industry's first ASIL-D-certified Power Management IC (PMIC) that integrates a wheel-speed sensor interface, designed for electromechanical braking (EMB) systems. This single-chip solution simplifies brake-by-wire designs by eliminating up to nine components, saving board space and reducing bill-of-materials costs. The A81415 offers robust performance for challenging automotive environments and provides a scalable design path for 12V to 48V corner modules.
Advertisement

Allegro’s new brake-chip folds wheel-speed sensing into one part

https://www.stocktitan.net/news/ALGM/allegro-micro-systems-unveils-industry-s-first-safety-pmic-to-39mshtvddvep.html
Allegro MicroSystems has introduced the A81415, the first ASIL-D-certified safety PMIC that integrates a wheel-speed sensor interface for electromechanical braking and brake-by-wire systems. This single-chip solution significantly reduces component count, saves PCB space, and offers cost advantages, enabling a simpler, safer, and highly scalable foundation for modern vehicle braking. The device also supports a fast track for migrating braking architectures from 12V to 48V systems.

Allegro MicroSystems Unveils Industry's First Safety PMIC

https://www.globenewswire.com/news-release/2026/07/02/3321300/0/en/allegro-microsystems-unveils-industry-s-first-safety-pmic-to-integrate-a-wheel-speed-sensor-interface-for-electromechanical-braking.html
Allegro MicroSystems has introduced the A81415, the first ASIL-D certified Power Management IC (PMIC) to integrate a wheel-speed sensor interface, designed for electromechanical braking (EMB) systems. This single-chip solution simplifies brake-by-wire designs, eliminates up to nine external components, and reduces latency, offering significant cost savings and improved safety for next-generation vehicles. The A81415 is scalable for both 12V and 48V corner modules and meets the highest functional safety standards.

Allegro MicroSystems Drops 5.3% Amid Sector-Wide Selling

https://news.alphastreet.com/allegro-microsystems-drops-5-3-amid-sector-wide-selling/
Allegro MicroSystems (ALGM) saw its stock tumble by 5.3% on Wednesday, closing at $65.91, as a widespread selloff impacted semiconductor companies. This decline was part of a broader sector movement rather than being triggered by company-specific news, with other industry players also experiencing significant drops. Despite the dip, analyst sentiment remains positive, suggesting confidence in Allegro's fundamental strength even amid short-term market pressures.

Why Allegro MicroSystems (ALGM) Shares Are Sliding Today

https://www.tradingview.com/news/stockstory:59a516853094b:0-why-allegro-microsystems-algm-shares-are-sliding-today/
Allegro MicroSystems (ALGM) shares fell 8.3% today as semiconductor stocks experienced a broader sell-off driven by investors taking profits after a record-breaking first half of the year for the sector. This downturn follows recent analyst upgrades and price target increases for ALGM, based on strong demand for power semiconductors from AI data centers and the automotive sector. Despite today's slide, Allegro MicroSystems is still up 139% year-to-date and recently hit a new 52-week high.

Allegro MicroSystems (ALGM) Could Be 28% Overvalued Following Its Record Rally

https://simplywall.st/stocks/us/semiconductors/nasdaq-algm/allegro-microsystems/news/allegro-microsystems-algm-could-be-28-overvalued-following-i/amp
Allegro MicroSystems (ALGM) has seen a significant rally, hitting record highs due to strong revenue growth from automotive electrification and AI infrastructure demand, leading to its inclusion in Russell growth benchmarks. Despite this momentum, analysts believe the stock is approximately 28% overvalued, with a fair value of $54.42 compared to its recent close of $69.62, raising questions about the sustainability of its current valuation given potential risks like Chinese competition and cyclical automotive demand.
Advertisement

Allegro MicroSystems (ALGM) Could Be 28% Overvalued Following Its Record Rally

https://simplywall.st/stocks/us/semiconductors/nasdaq-algm/allegro-microsystems/news/allegro-microsystems-algm-could-be-28-overvalued-following-i
Allegro MicroSystems (ALGM) has reached a record high, largely due to increased demand from automotive electrification and AI infrastructure. Despite this rally and inclusion in Russell growth indexes, analysts suggest the stock could be 28% overvalued, with a fair value of $54.42 compared to its recent close of $69.62. The company faces potential risks from rising Chinese competition and cyclical automotive demand, which could temper growth assumptions.

Why Is Allegro MicroSystems (ALGM) Stock Rocketing Higher Today

https://www.tradingview.com/news/stockstory:710be0d82094b:0-why-is-allegro-microsystems-algm-stock-rocketing-higher-today/
Shares of Allegro MicroSystems (ALGM) rose 5.7% after Mizuho and TD Cowen increased their price targets, citing stronger demand for power semiconductors from AI data centers and the automotive sector. Analysts also noted the resolution of customer de-stocking issues as a positive factor. This positive movement follows a volatile period for the stock, including a recent drop due to concerns about HBM expansion in the AI-chip complex, though analysts interpreted that as a margin story, not a demand issue.

Allegro MicroSystems (ALGM) Is Up 7.8% After Russell Growth Shift and Board Strengthening - What's Changed

https://finance.yahoo.com/markets/stocks/articles/allegro-microsystems-algm-7-8-160756014.html
Allegro MicroSystems (ALGM) saw a 7.8% increase after being reclassified into Russell growth benchmarks and appointing semiconductor veteran Brian C. White to its board as an independent director. This dual development reinforces the market's perception of Allegro as a growth-oriented semiconductor company, heavily tied to automotive electrification and AI infrastructure. While the changes align with market pricing, they also heighten sensitivity to potential risks like cyclical auto volumes and pricing pressures.

Allegro MicroSystems, Inc.(NasdaqGS:ALGM) added to Russell Small Cap Comp Growth Benchmark

https://www.marketscreener.com/news/allegro-microsystems-inc-nasdaqgs-algm-added-to-russell-small-cap-comp-growth-benchmark-ce7f5fdfdc88fe24
Allegro MicroSystems, Inc. (ALGM) has been added to several Russell Growth Benchmarks, including the Russell Small Cap Comp Growth, Russell 2500 Growth, Russell Midcap Growth, Russell 3000E Growth, and Russell 1000 Growth. Conversely, the company was dropped from various Russell Value Benchmarks, such as Russell Midcap Value, Russell 1000 Value, Russell 3000E Value, Russell 3000 Value, Russell Small Cap Comp Value, and Russell 2500 Value. This indicates a shift in its classification towards growth-oriented indices.

Allegro MicroSystems Jumps 5.7% Amid Sector-Wide Rally

https://news.alphastreet.com/allegro-microsystems-jumps-5-7-amid-sector-wide-rally/
Allegro MicroSystems (ALGM) surged 5.7% to $61.19 on Monday, driven by a broad rally in the semiconductor sector. The stock's jump was part of a coordinated advance among semiconductor companies, with analyst sentiment remaining supportive. Investors are now watching whether this sector-wide momentum will be sustained by fundamental catalysts or if it represents a short-term technical bounce.
Advertisement

Allegro MicroSystems, Inc.(NasdaqGS:ALGM) dropped from Russell Midcap Value Benchmark

https://www.marketscreener.com/news/allegro-microsystems-inc-nasdaqgs-algm-dropped-from-russell-midcap-value-benchmark-ce7f5fdfdb80f020
Allegro MicroSystems, Inc. (NasdaqGS:ALGM) has been removed from the Russell Midcap Value Benchmark. This comes alongside several other re-benchmarking announcements for the company, including being added to the Russell Midcap Growth Benchmark and Russell 1000 Growth Benchmark, while also being dropped from the Russell 1000 Value Benchmark. The semiconductor company designs and markets sensor ICs and application-specific power ICs primarily for the automotive and industrial markets.

Allegro MicroSystems, Inc.(NasdaqGS: ALGM) added to Russell Midcap Growth Benchmark

https://www.marketscreener.com/news/allegro-microsystems-inc-nasdaqgs-algm-added-to-russell-midcap-growth-benchmark-ce7f5fdfdb8ef724
Allegro MicroSystems, Inc. (NasdaqGS: ALGM) has been included in the Russell Midcap Growth Benchmark. This addition highlights the company's growth trajectory and its increasing significance in the market. The article also mentions other recent Russell index adjustments for ALGM, such as being added to the Russell 1000 Growth and Russell 3000E Growth benchmarks, and dropped from the Russell 1000 Value.

Allegro MicroSystems Jumps 5.7% Amid Sector-Wide Rally

https://news.alphastreet.com/allegro-microsystems-jumps-5-7-amid-sector-wide-rally/amp/
Allegro MicroSystems (ALGM) saw its stock surge by 5.7% on Monday, closing at $61.19, as the semiconductor sector experienced a broad rally. This increase was part of a coordinated advance among chip stocks, with peers like MaxLinear, Rambus, and Lattice Semiconductor also posting significant gains. The rally suggests a renewed investor interest in the semiconductor space, with Allegro benefiting from this positive sentiment and recent analyst confidence.

Reflecting On Processors and Graphics Chips Stocks’ Q1 Earnings: Allegro MicroSystems (NASDAQ:ALGM)

https://www.tradingview.com/news/stockstory:fbb6a8e64094b:0-reflecting-on-processors-and-graphics-chips-stocks-q1-earnings-allegro-microsystems-nasdaq-algm/
The article reviews the Q1 earnings performance of several processors and graphics chips companies, focusing on Allegro MicroSystems (ALGM) and its peers. It highlights key financial figures, analyst expectations, and stock performance for ALGM, Lattice Semiconductor (LSCC), Qualcomm (QCOM), Qorvo (QRVO), and Intel (INTC). The overall sentiment for the sector was strong, with revenues generally beating estimates and share prices seeing positive movement.

TD Cowen Raises PT on Allegro MicroSystems (ALGM)

https://finance.yahoo.com/markets/stocks/articles/td-cowen-raises-pt-allegro-075405086.html
TD Cowen analyst Joshua Buchalter raised the firm's price target on Allegro MicroSystems (ALGM) from $55 to $70, maintaining a Buy rating. This upgrade is based on an updated financial model that reflects optimism about ALGM's exposure to the automotive and AI data center sectors. The firm expects Allegro MicroSystems to achieve profitable mid-teen percentage growth long-term due to strong structural demand tailwinds in these areas.
Advertisement

Allegro MicroSystems, Inc.(NasdaqGS: ALGM) added to Russell 1000 Growth Benchmark

https://www.marketscreener.com/news/allegro-microsystems-inc-nasdaqgs-algm-added-to-russell-1000-growth-benchmark-ce7f5fdedc89f326
Allegro MicroSystems, Inc. (NasdaqGS: ALGM) has been added to the Russell 1000 Growth Benchmark. The company specializes in designing and developing sensor integrated circuits and application-specific power ICs, serving primarily the automotive and industrial markets. This inclusion highlights Allegro MicroSystems' growth trajectory and market recognition.

Allegro MicroSystems (ALGM) Up More Than 124% Over the Past 6 Months, Here’s What You Need to Know

https://finance.yahoo.com/markets/stocks/articles/allegro-microsystems-algm-more-124-221356010.html
Allegro MicroSystems (ALGM) has seen its stock surge over 124% in the last six months, driven by strong fiscal Q4 2026 earnings and increasing demand from data centers. An analyst from TD Cowen recently raised their price target for ALGM to $70, maintaining a Buy rating due to the company's strong position in secular growth trends. Additionally, Allegro MicroSystems appointed Brian C. White as an independent director, bringing his extensive experience in the semiconductor industry to the board.

Allegro MicroSystems (ALGM) Up More Than 124% Over the Past 6 Months, Here’s What You Need to Know

https://ca.finance.yahoo.com/news/allegro-microsystems-algm-more-124-221356010.html
Allegro MicroSystems (ALGM) has seen a significant surge of over 124% in the last six months, driven by strong fiscal Q4 2026 earnings and record demand from data centers. An analyst from TD Cowen recently raised the stock's price target to $70 with a Buy rating, citing confidence in Allegro's long-term growth prospects. The company also appointed Brian C. White to its Board, bringing extensive semiconductor industry experience.

Allegro MicroSystems (NASDAQ:ALGM) Trading 8.6% Higher - Should You Buy?

https://www.marketbeat.com/instant-alerts/allegro-microsystems-nasdaqalgm-trading-86-higher-should-you-buy-2026-06-25/
Allegro MicroSystems (NASDAQ:ALGM) saw its shares jump 8.6% during midday trading on Thursday, reaching a high of $60.28, despite a consensus analyst price target of $54.30. The company reported strong Q4 results, beating EPS and revenue estimates, and provided optimistic Q1 2027 guidance. While insider selling occurred, institutional investors have been increasing their positions.

Allegro MicroSystems Jumps 6.6% After TD Cowen Maintains Buy

https://news.alphastreet.com/allegro-microsystems-jumps-6-6-after-td-cowen-maintains-buy/amp/
Allegro MicroSystems (ALGM) shares jumped 6.6% after TD Cowen upgraded the semiconductor company to Buy and raised its price target by 27.3% to $70. The analyst's confidence is rooted in the company's semiconductor business fundamentals, with the new target implying meaningful upside. Investors should monitor if other analysts follow suit and any company updates on chip demand.
Advertisement

Allegro MicroSystems, Inc. Actuals & Estimates (NASDAQ:ALGM)

https://www.tradingview.com/symbols/NASDAQ-ALGM/forecast-actuals-and-estimates/
This article provides an overview of Allegro MicroSystems, Inc. (NASDAQ: ALGM), including its current stock price, historical performance, and analyst forecasts. It also details the company's financial results, such as recent earnings and revenue, and outlines future earnings expectations, while noting that ALGM does not pay dividends.

Allegro MicroSystems Jumps 6.6% After TD Cowen Maintains Buy

https://news.alphastreet.com/allegro-microsystems-jumps-6-6-after-td-cowen-maintains-buy/
Allegro MicroSystems (ALGM) shares surged 6.6% to $59.10 after TD Cowen upgraded the semiconductor company to Buy and increased its price target from $55 to $70, representing a 27.3% raise. This upgrade signals TD Cowen's strong confidence in Allegro's market position, driven by the company's semiconductor business fundamentals. Investors are advised to monitor further analyst actions and company updates that could validate this bullish outlook.

ALGM Forecast — Price Target — Prediction for 2027

https://www.tradingview.com/symbols/NASDAQ-ALGM/forecast-price-target/
This article provides a forecast and price target for Allegro MicroSystems, Inc. (ALGM), detailing analyst opinions, stock performance, and key financial metrics. It includes information on the current stock price, historical highs and lows, market capitalization, upcoming earnings reports, and revenue figures. The article also touches upon the company's employee count and EBITDA, alongside disclaimers regarding investment advice.

Allegro MicroSystems, Inc. (NASDAQ:ALGM) Given Consensus Rating of "Moderate Buy" by Brokerages

https://www.marketbeat.com/instant-alerts/allegro-microsystems-inc-nasdaqalgm-given-consensus-rating-of-moderate-buy-by-brokerages-2026-06-25/
Allegro MicroSystems, Inc. (NASDAQ:ALGM) has received a consensus "Moderate Buy" rating from brokerages, with an average 12-month price target of $54.30. This rating is based on 10 buy ratings, one hold, and one sell from 12 analysts. The company recently reported strong quarterly results, exceeding EPS and revenue estimates, though insider selling has also been noted.

Allegro Microsystems Inc (ALGM) Shares Fall 9.8% -- GF Value Says Still Overvalued

https://www.gurufocus.com/news/8928848/allegro-microsystems-inc-algm-shares-fall-98-gf-value-says-still-overvalued
Allegro Microsystems Inc (ALGM) shares dropped 9.8% to $55.52, despite a 110.5% year-to-date gain, as its GF Value™ indicates the stock is significantly overvalued at 89.9% above the estimated intrinsic value of $29.23. The company holds a GF Score™ of 73/100, signifying above-average performance, but a low valuation rank of 1/10 and recent insider selling of $3.4 million without any purchases raise concerns about its current price. Investors are cautioned due to the substantial gap between the market price and its estimated fair value.
Advertisement

Allegro MicroSystems Drops 7.0% Amid Sector-Wide Selling

https://news.alphastreet.com/allegro-microsystems-drops-7-0-amid-sector-wide-selling/?utm_source=rss&utm_medium=rss&utm_campaign=allegro-microsystems-drops-7-0-amid-sector-wide-selling
Allegro MicroSystems (ALGM) saw its shares drop 7.0% on Tuesday, closing at $57.27 due to a broad sector-wide selloff in semiconductor stocks. This decline was not driven by company-specific news but rather a generalized retreat across the industry, with similar losses experienced by peers such as RMBS and LSCC. Despite the volatility, analyst sentiment remains positive, with no recent downgrades, suggesting the move was driven by macro concerns rather than fundamental issues within Allegro MicroSystems.

TD Cowen Maintains Allegro Microsystems(ALGM.US) With Buy Rating, Raises Target Price to $70

https://www.moomoo.com/news/post/71823671/td-cowen-maintains-allegro-microsystems-algmus-with-buy-rating-raises
TD Cowen has reiterated its Buy rating on Allegro Microsystems (ALGM.US) and increased its price target for the stock to $70. This update reflects the analyst's continued positive outlook for the company's performance.

TD Cowen raises Allegro MicroSystems stock price target to $70

https://www.investing.com/news/analyst-ratings/td-cowen-raises-allegro-microsystems-stock-price-target-to-70-93CH-4753219
TD Cowen has increased its price target for Allegro MicroSystems (NASDAQ:ALGM) shares to $70 from $55, maintaining a Buy rating. The firm anticipates consistent mid-teens percentage growth for the company, driven by its leadership in magnetic sensing and power technologies and growth opportunities in automotive and AI data centers. Allegro MicroSystems recently surpassed Q4 fiscal 2026 earnings and revenue expectations, and the company strengthened its leadership with a new independent director on its board.

Allegro MicroSystems (ALGM) Stock Could Be 8.4% Overvalued After Chip Rally

https://simplywall.st/stocks/us/semiconductors/nasdaq-algm/allegro-microsystems/news/allegro-microsystems-algm-stock-could-be-84-overvalued-after/amp
Allegro MicroSystems (ALGM) has experienced significant stock momentum, with a 30-day return of 31.99% and a year-to-date return of 119.25%, driven by a sector-wide rally. Despite analyst positivity, Simply Wall St suggests the stock is 8.4% overvalued at its current price of $59.00 compared to a fair value estimate of $54.42, due to potential competitive pressures and reliance on automotive demand alongside robust growth narratives. Investors are advised to consider the mixed outlook, including strong demand in industrial automation and data centers, against key risks.

Allegro MicroSystems (ALGM) Stock Could Be 8.4% Overvalued After Chip Rally

https://www.sahmcapital.com/news/content/allegro-microsystems-algm-stock-could-be-84-overvalued-after-chip-rally-2026-06-20
Allegro MicroSystems (ALGM) has seen significant stock rallying, with a 30-day return of 31.99% and a 119.25% year-to-date return, exceeding its average analyst price target. However, Simply Wall St suggests the stock is 8.4% overvalued with a fair value estimate of $54.42 compared to its current trading price of $59.00. The company faces both positive drivers like rebounding industrial and data center markets, and competitive pressures, particularly from China and reliance on automotive demand.
Advertisement

Allegro MicroSystems Appoints Brian White to its Board of Directors

https://www.bhpioneer.com/national_news/allegro-microsystems-appoints-brian-white-to-its-board-of-directors/article_2f71d3da-9752-5ada-9ac8-9b04987a6579.html
Allegro MicroSystems, Inc. (Nasdaq: ALGM) has appointed Brian C. White to its Board of Directors as an independent director, effective June 17, 2026. White brings over 30 years of leadership experience in the semiconductor and high-technology industries, including serving as CFO for several publicly traded semiconductor companies. His expertise in financial strategy, public-company governance, and corporate development is expected to provide valuable perspective as Allegro progresses its innovation roadmap and strategic objectives.

Allegro MicroSystems (ALGM) Moves 9.3% Higher: Will This Strength Last?

https://ca.finance.yahoo.com/news/allegro-microsystems-algm-moves-9-061400010.html
Allegro MicroSystems (ALGM) shares increased by 9.3% due to strong growth in its automotive business, particularly in electric vehicles and ADAS applications, driving a 30% rise in its Focus Auto business in fiscal 2026. The company is expected to report significant quarterly earnings and revenue growth, though the consensus EPS estimate has not changed recently, suggesting the need to monitor future estimate revisions for sustained strength. ALGM currently holds a Zacks Rank #2 (Buy).

Allegro MicroSystems, Inc. Announces Board and Committee Changes, Effective June 17, 2026

https://www.marketscreener.com/news/allegro-microsystems-inc-announces-board-and-committee-changes-effective-june-17-2026-ce7f5cd2da80f725
Allegro MicroSystems, Inc. announced board and committee changes effective June 17, 2026. The board expanded to 11 directors and elected Brian C. White as a Class III Director, appointing him to the Audit and Compensation Committees. Following the 2026 Annual Meeting, the board size will decrease to nine directors due to previously disclosed non-reelections.

Allegro Microsystems (ALGM) files initial Form 3 for new director Brian C. White

https://www.stocktitan.net/sec-filings/ALGM/form-3-allegro-microsystems-inc-initial-statement-of-beneficial-owner-a63644fc09d2.html
Allegro Microsystems, Inc. (ALGM) has filed an initial Form 3 for its new director, Brian C. White. This filing designates White as a reporting person for the company's equity securities, establishing a baseline for his ownership without indicating any current stock purchases, sales, or other transactions. The Form 3 clarifies that no derivative securities are reported, and there is no indication of unusual insider activity.

Allegro MicroSystems Jumps 8.0% Amid Sector-Wide Rally

https://news.alphastreet.com/allegro-microsystems-jumps-8-0-amid-sector-wide-rally/
Allegro MicroSystems (ALGM) saw its shares surge 8.0% to $58.31 on Thursday, driven by a broad sector-wide rally in semiconductor stocks, closing with 550,004 shares traded and a market capitalization of $10.9 billion. This gain was part of a coordinated move among semiconductor peers, indicating investors rotated into the sector due to broader market optimism rather than company-specific news. The rally's sustainability will depend on continued momentum across chip stocks and any emerging sector-specific catalysts.
Advertisement

Allegro MicroSystems adds Brian White to its Board, enhancing financial and semiconductor expertise.

https://pluang.com/en/news-feed/allegro-microsystems-tunjuk-brian-white-di-dewan-direksi
Allegro MicroSystems has appointed Brian C. White as an independent director to its Board, effective June 17, 2026. White brings over 30 years of experience in semiconductor leadership and financial strategy, including serving as CFO for several public semiconductor firms. His expertise is expected to support Allegro's growth in key sectors like AI data centers, robotics, and automotive, strengthening the company's strategic direction.

Allegro MicroSystems Appoints Brian White to its Board of Directors

https://www.globenewswire.com/de/news-release/2026/06/18/3314097/0/en/Allegro-MicroSystems-Appoints-Brian-White-to-its-Board-of-Directors.html
Allegro MicroSystems, Inc. (Nasdaq: ALGM) announced the appointment of Brian C. White to its Board of Directors as an independent director, effective June 17, 2026. Mr. White brings over 30 years of leadership experience in the semiconductor and high-technology industries, with extensive expertise in financial strategy, public-company governance, and corporate development, having served as CFO for several publicly traded semiconductor companies. The company believes his background in capital allocation and long-term growth will be valuable as Allegro executes its innovation roadmap and strategic objectives.

[8-K] ALLEGRO MICROSYSTEMS, INC. Reports Material Event

https://www.stocktitan.net/sec-filings/ALGM/8-k-allegro-microsystems-inc-reports-material-event-97bb9752499d.html
Allegro MicroSystems, Inc. has filed an 8-K report announcing the appointment of Brian C. White to its Board of Directors as an independent Class III director, effective June 17, 2026. The Board temporarily expanded to 11 directors to accommodate this appointment and is expected to decrease to nine after the 2026 annual meeting as two current directors will not seek re-election. Mr. White brings over 30 years of experience in the semiconductor industry and will serve on the Audit and Compensation Committees.

Allegro MicroSystems Appoints Brian White to its Board of Directors

https://www.globenewswire.com/news-release/2026/06/18/3314097/0/en/allegro-microsystems-appoints-brian-white-to-its-board-of-directors.html
Allegro MicroSystems, Inc. (Nasdaq: ALGM) announced the appointment of Brian C. White to its Board of Directors as an independent director, effective June 17, 2026. White brings over 30 years of leadership experience in the semiconductor and high-technology industries, including acting as CFO for several publicly traded semiconductor companies. The company expects his expertise in financial strategy, governance, and corporate development to be valuable as Allegro executes its innovation roadmap and strategy.

Allegro Microsystems Inc (ALGM) Institutional Confidence

https://www.tradingkey.com/markets/stocks/nasdaq-algm/sentiment
Allegro Microsystems Inc (ALGM) has an institutional shareholding score of 7.00, placing it 45th out of 105 in the Semiconductors & Semiconductor Equipment industry. The institutional shareholding proportion is 75.61%, showing a 20.80% quarter-over-quarter decrease. Sanken Electric Co Ltd is the largest institutional shareholder, holding 59.73M shares.
Advertisement
Advertisement
Advertisement
Advertisement

Sign Up free to view live trades and discussion forum to make more informed financial decisions. No credit card is required for sign up!
View Daily Trades
Join Discussion

Advertisement
Advertisement
Advertisement
Advertisement