Latest News on ALGM

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Are Computer and Technology Stocks Lagging Allegro MicroSystems ( ALGM ) This Year?

https://www.zacks.com/stock/news/2683929/are-computer-and-technology-stocks-lagging-allegro-microsystems-algm-this-year
Here is how Allegro MicroSystems, Inc. (ALGM) and Axcelis Technologies (ACLS) have performed compared to their sector so far this year.

Allegro ( ALGM ) Q1 Revenue Jumps 22%

https://www.fool.com/data-news/2025/08/01/allegro-algm-q1-revenue-jumps-22/
Allegro MicroSystems ( NASDAQ:ALGM ) , a semiconductor developer known for its magnetic sensor integrated circuits ( ICs ) and power ICs used in automotive and industrial products, released its Q1 FY2026 earnings on July 31, 2025.

Lam Research's Q4 Earnings Beat Expectations, Revenues Rise Y/Y

https://www.zacks.com/stock/news/2644486/lam-researchs-q4-earnings-beat-expectations-revenues-rise-yy
LRCX's Q4 results surpass estimates with 34% revenue growth and rising margins, driven by strength in systems and customer support.

Allegro MicroSystems, Inc. ( ALGM ) Q1 Earnings Meet Estimates

https://www.zacks.com/stock/news/2643189/allegro-microsystems-inc-algm-q1-earnings-meet-estimates
Allegro MicroSystems (ALGM) delivered earnings and revenue surprises of 0.00% and +1.85%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?

Allegro MicroSystems Reports First Quarter 2026 Results

https://www.globenewswire.com/news-release/2025/07/31/3124856/0/en/Allegro-MicroSystems-Reports-First-Quarter-2026-Results.html
Sales Increased 22% Year-Over-Year to $203 Million Sales Increased 22% Year-Over-Year to $203 Million ...
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Is Jabil ( JBL ) Stock Outpacing Its Computer and Technology Peers This Year?

https://www.zacks.com/stock/news/2607530/is-jabil-jbl-stock-outpacing-its-computer-and-technology-peers-this-year
Here is how Jabil (JBL) and Allegro MicroSystems, Inc. (ALGM) have performed compared to their sector so far this year.

Allegro MicroSystems ( ALGM ) Upgraded to Strong Buy: Here's What You Should Know

https://www.zacks.com/stock/news/2580229/allegro-microsystems-algm-upgraded-to-strong-buy-heres-what-you-should-know
Allegro MicroSystems (ALGM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Implied Volatility Surging for Allegro MicroSystems Stock Options

https://www.zacks.com/stock/news/2571335/implied-volatility-surging-for-allegro-microsystems-stock-options
Investors need to pay close attention to ALGM stock based on the movements in the options market lately.

Allegro MicroSystems to Announce First Quarter Fiscal Year 2026 Financial Results

https://www.globenewswire.com/news-release/2025/07/10/3113211/0/en/Allegro-MicroSystems-to-Announce-First-Quarter-Fiscal-Year-2026-Financial-Results.html
MANCHESTER, N.H., July 10, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( Nasdaq: ALGM ) today announced it plans to release financial results for its first quarter fiscal year 2026 prior to the market open on Thursday, July 31, 2025.

Will Allegro MicroSystems ( ALGM ) Beat Estimates Again in Its Next Earnings Report?

https://www.zacks.com/stock/news/2567690/will-allegro-microsystems-algm-beat-estimates-again-in-its-next-earnings-report
Allegro MicroSystems (ALGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Is Allegro MicroSystems ( ALGM ) Outperforming Other Computer and Technology Stocks This Year?

https://www.zacks.com/stock/news/2565715/is-allegro-microsystems-algm-outperforming-other-computer-and-technology-stocks-this-year
Here is how Allegro MicroSystems, Inc. (ALGM) and Jabil (JBL) have performed compared to their sector so far this year.

Allegro MicroSystems, Inc. ( ALGM ) Is Up 8.06% in One Week: What You Should Know

https://www.zacks.com/stock/news/2553941/allegro-microsystems-inc-algm-is-up-806-in-one-week-what-you-should-know
Does Allegro MicroSystems, Inc. (ALGM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Which Small And Mid-Cap Chip Stocks Are Set For Big Gains? - Nova ( NASDAQ:NVMI ) , Coherent ( NYSE:COHR ) , MACOM Technology Solns ( NASDAQ:MTSI ) , Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46081371/which-small-and-mid-cap-chip-stocks-are-set-for-big-gains
BofA analyst Vivek Arya picks 5 SMid-Cap chip stocks to outperform the SOX index over the next year. These picks lead in high-growth themes like AI, EVs, & data centers, boosting EPS via expanding margins. Get access to the leaderboards pointing to tomorrow's biggest stock movers.

Has Karooooo ( KARO ) Outpaced Other Computer and Technology Stocks This Year?

https://www.zacks.com/stock/news/2520087/has-karooooo-karo-outpaced-other-computer-and-technology-stocks-this-year
Here is how Karooooo Ltd. (KARO) and Allegro MicroSystems, Inc. (ALGM) have performed compared to their sector so far this year.

Surging Earnings Estimates Signal Upside for Allegro MicroSystems ( ALGM ) Stock

https://www.zacks.com/stock/news/2515648/surging-earnings-estimates-signal-upside-for-allegro-microsystems-algm-stock
Allegro MicroSystems (ALGM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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Allegro MicroSystems Being The Leader In Critical Magnetic Sensors For EVs Justifies Premium Valuation: Analyst - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/analyst-stock-ratings/initiation/25/06/45956396/allegro-microsystems-being-the-leader-in-critical-magnetic-sensors-for-evs-justi
Allegro stock jumps as BofA reinstates Buy rating, citing strong EV and data center chip growth potential. Analyst sees Allegro leading in magnetic sensors, with long-term gains in autos, clean energy, and industrial markets. Historic Summer Setup: 3 "Power Patterns" Triggering in the next 75 ...

Should You Buy Allegro MicroSystems, Inc. ( ALGM ) After Golden Cross?

https://www.zacks.com/stock/news/2496287/should-you-buy-allegro-microsystems-inc-algm-after-golden-cross
Is it a good or bad thing when a stock experiences a golden cross technical event?

Are Computer and Technology Stocks Lagging Automatic Data Processing ( ADP ) This Year?

https://www.zacks.com/stock/news/2484360/are-computer-and-technology-stocks-lagging-automatic-data-processing-adp-this-year
Here is how Automatic Data Processing (ADP) and Allegro MicroSystems, Inc. (ALGM) have performed compared to their sector so far this year.

Is the Options Market Predicting a Spike in Allegro MicroSystems ( ALGM ) Stock?

https://www.zacks.com/stock/news/2478972/is-the-options-market-predicting-a-spike-in-allegro-microsystems-algm-stock
Investors need to pay close attention to Allegro MicroSystems (ALGM) stock based on the movements in the options market lately.

Earnings Estimates Rising for Allegro MicroSystems ( ALGM ) : Will It Gain?

https://www.zacks.com/stock/news/2474225/earnings-estimates-rising-for-allegro-microsystems-algm-will-it-gain
Allegro MicroSystems (ALGM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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Are Computer and Technology Stocks Lagging Automatic Data Processing ( ADP ) This Year?

https://www.zacks.com/stock/news/2473872/are-computer-and-technology-stocks-lagging-automatic-data-processing-adp-this-year
Here is how Automatic Data Processing (ADP) and Allegro MicroSystems, Inc. (ALGM) have performed compared to their sector so far this year.

Allegro MicroSystems to Present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025 - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/pressreleases/25/05/g45434176/allegro-microsystems-to-present-at-td-cowens-53rd-annual-technology-media-telecom-conference-on-th
MANCHESTER, N.H., May 15, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ALGM, a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present at TD Cowen's 53rd Annual Technology, ...

Allegro MicroSystems to Present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025

https://www.globenewswire.com/news-release/2025/05/15/3082064/0/en/Allegro-MicroSystems-to-Present-at-TD-Cowen-s-53rd-Annual-Technology-Media-Telecom-Conference-on-Thursday-May-29-2025.html
MANCHESTER, N.H., May 15, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ( Nasdaq: ALGM ) , a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present at TD Cowen's 53rd Annual ...

These Analysts Revise Their Forecasts On Allegro MicroSystems After Q4 Results - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/25/05/45316865/these-analysts-revise-their-forecasts-on-allegro-microsystems-after-q4-results
Allegro MicroSystems, Inc. ALGM reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates. Allegro Microsystems posted adjusted earnings of 6 cents per share, beating market estimates of 5 cents per share.

Allegro MicroSystems, Inc. ( ALGM ) Beats Q4 Earnings and Revenue Estimates

https://www.zacks.com/stock/news/2464987/allegro-microsystems-inc-algm-beats-q4-earnings-and-revenue-estimates
Allegro MicroSystems (ALGM) delivered earnings and revenue surprises of 20% and 4.44%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
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Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2025 Results

https://www.globenewswire.com/news-release/2025/05/08/3077089/0/en/Allegro-MicroSystems-Reports-Fourth-Quarter-and-Fiscal-Year-2025-Results.html
Fourth Quarter Sales Increased 8% Sequentially to $193 Million Fourth Quarter Sales Increased 8% Sequentially to $193 Million ...

ON Semiconductor Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - ON Semiconductor ( NASDAQ:ON )

https://www.benzinga.com/analyst-ratings/price-target/25/05/45187951/on-semiconductor-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wal
ON Semiconductor Corporation ON will release earnings results for the first quarter, before the opening bell on Monday, May 5. Analysts expect the Scottsdale, Arizona-based company to report quarterly earnings at 50 cents per share, down from $1.08 per share in the year-ago period.

Qualcomm ( QCOM ) Surpasses Q2 Earnings and Revenue Estimates

https://www.zacks.com/stock/news/2459423/qualcomm-qcom-surpasses-q2-earnings-and-revenue-estimates
Qualcomm (QCOM) delivered earnings and revenue surprises of 0.71% and 1.55%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

Stock Market Sell-Off: Should You Buy the 3 Worst-Performing Stocks in the S&P 500 Index? Here's What Wall Street Thinks.

https://www.fool.com/investing/2025/04/29/stock-market-sell-off-should-you-buy-the-3-worst-p/
It's been an erratic year for the stock market. Through everything that's happened so far, the broader benchmark S&P 500 is down about 6%, although much more from highs the market reached in mid-February.Most stocks have struggled in the wake of President Donald Trump's tariffs that have ...

Lam Research ( LRCX ) Q3 Earnings and Revenues Top Estimates

https://www.zacks.com/stock/news/2454134/lam-research-lrcx-q3-earnings-and-revenues-top-estimates
Lam Research (LRCX) delivered earnings and revenue surprises of 4% and 1.64%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
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Deal Dispatch: Metaverse Mergers, 23andMe Under Investigation, Burger King Franchise Goes Bankrupt - Groupon ( NASDAQ:GRPN ) , Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/news/asset-sales/25/04/44884363/deal-dispatch-metaverse-23andme-burgerking-franchisee
Onsemi terminated its efforts to acquire Allegro MicroSystems while Paychex closed its acquisition of Paycor HCM. Lyft, Inc. announced that it purchased a taxi app from BMW Group and Mercedes-Benz Mobility. China's new tariffs just reignited the same market patterns that led to triple- and ...

Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2025 Financial Results

https://www.globenewswire.com/news-release/2025/04/17/3063296/0/en/Allegro-MicroSystems-to-Announce-Fourth-Quarter-and-Fiscal-Year-2025-Financial-Results.html
MANCHESTER, N.H., April 17, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( Nasdaq: ALGM ) today announced it plans to release financial results for its fourth quarter and fiscal year 2025 prior to the market open on Thursday, May 8, 2025.

Allegro Issues Statement

https://www.globenewswire.com/news-release/2025/04/16/3062240/0/en/Allegro-Issues-Statement.html
MANCHESTER, N.H., April 15, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( NASDAQ: ALGM ) ( "Allegro" or the "Company" ) today issued the following statement regarding Onsemi's withdrawal of its unsolicited proposal to acquire Allegro: ...

Applied Digital Posts Weak Revenue, Joins Allegro MicroSystems And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session - Applied Digital ( NASDAQ:APLD ) , Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/trading-ideas/movers/25/04/44810897/applied-digital-posts-weak-revenue-joins-allegro-microsystems-and-other-big-stocks-moving-lo
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Tuesday. Shares of Applied Digital Corporation APLD fell sharply in today's pre-market trading following weak quarterly revenue.

Why Ericsson Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket - Applied Digital ( NASDAQ:APLD ) , Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/25/04/44807286/why-ericsson-shares-are-trading-higher-by-around-7-here-are-20-stocks-moving-premarket
Shares of Telefonaktiebolaget LM Ericsson ERIC rose sharply in today's pre-market trading following first-quarter results. Ericsson reported that its first-quarter adjusted operating earnings, excluding restructuring charges, jumped 44% year-over-year to 6.2 billion Swedish crowns ( $636 million ...
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Allegro MicroSystems: Revolutionizing Clean Energy Generation, Distribution and Storage with New XtremeSense TMR Current Sensors - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/pressreleases/25/04/g44804220/allegro-microsystems-revolutionizing-clean-energy-generation-distribution-and-storage-with-new-xtr
MANCHESTER, N.H., April 14, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ALGM, a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the launch of its latest XtremeSense™ TMR current sensors.

ON Semiconductor Stock Jumps After Withdrawing Proposal To Acquire Allegro MicroSystems - ON Semiconductor ( NASDAQ:ON )

https://www.benzinga.com/trading-ideas/movers/25/04/44802637/on-semiconductor-stock-jumps-after-withdrawing-proposal-to-acquire-allegro-microsystems
ON Semiconductor terminates efforts to acquire Allegro MicroSystems and withdraws its all-cash proposal of $35.10 per share. On Semiconductor says it withdrew its proposal after Allegro's board failed to fully engage and explore the proposal.

Strength Seen in Cirrus Logic ( CRUS ) : Can Its 16.5% Jump Turn into More Strength?

https://www.zacks.com/stock/news/2443529/strength-seen-in-cirrus-logic-crus-can-its-165-jump-turn-into-more-strength
Cirrus Logic (CRUS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Allegro MicroSystems Expands Motor Control and Thermal Management Solutions to Capitalize on Growing e-Mobility and Automation Markets - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/pressreleases/25/04/g44682361/allegro-microsystems-expands-motor-control-and-thermal-management-solutions-to-capitalize-on-growi
MANCHESTER, N.H., April 08, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ALGM, a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced three new solutions designed to enhance motor control and thermal management ...

ON Semi Joins Top Chip Picks As Tesla Gains And Allegro Deal Signal Upside - Analog Devices ( NASDAQ:ADI ) , NXP Semiconductors ( NASDAQ:NXPI ) , ON Semiconductor ( NASDAQ:ON )

https://www.benzinga.com/analyst-ratings/price-target/25/03/44543981/on-semi-joins-top-chip-picks-as-tesla-gains-and-allegro-deal-signal-upside
BofA picks ADI, NXPI, and ON as top semiconductor recovery plays into 2025. Analyst sees analog and auto chips rebounding, led by ADI's strong cash flow. Feel unsure about the market's next move? Copy trade alerts from Matt Maley-a Wall Street veteran who consistently finds profits in volatile ...
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ON Semiconductor Plunges 28% YTD: Should You Avoid the Stock?

https://www.zacks.com/stock/news/2435768/on-semiconductor-plunges-28-ytd-should-you-avoid-the-stock
ON is facing headwinds from weak demand and geopolitical uncertainties despite strong silicon carbide growth and acquisitions.

G-III Apparel Posts Better-Than-Expected Earnings, Joins Ballard Power Systems, Dollar General And Other Big Stocks Moving Higher On Thursday - Advantage Solutions ( NASDAQ:ADV ) , AES ( NYSE:AES )

https://www.benzinga.com/25/03/44303798/g-iii-apparel-posts-better-than-expected-earnings-joins-ballard-power-systems-dollar-general-and-other-big-stocks
U.S. stocks were lower, with the Dow Jones index falling around 100 points on Thursday. Shares of G-III Apparel Group, Ltd. GIII gained 13.9% to $28.87 after the company reported better-than-expected fourth-quarter financial results and issued FY26 adjusted EPS guidance above estimates.

Allegro MicroSystems Appoints Rick Madormo as Senior Vice President of Worldwide Sales

https://www.globenewswire.com/news-release/2025/03/12/3041423/0/en/Allegro-MicroSystems-Appoints-Rick-Madormo-as-Senior-Vice-President-of-Worldwide-Sales.html
MANCHESTER, N.H., March 12, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ( Nasdaq: ALGM ) , a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Rick Madormo as Senior Vice ...

Deal Dispatch: Clock Ticks On TikTok, Raizen Explores Asset Sale, Investors Urge Walgreens To Go Private - American Express ( NYSE:AXP ) , Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/news/asset-sales/25/03/44202239/deal-dispatch-tiktok-walgreens-raizen
Morgan Stanley's Michael Grimes, who helped steer the Uber IPO, is overseeing the formation of a U.S. sovereign wealth fund. Deal pros banked on looser regulations and a more vibrant stock market under Trump. Neither scenario has come to fruition.

Allegro MicroSystems Board Deems ON Semiconductor's $6.9B Offer 'Inadequate' - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/news/large-cap/25/03/44161052/allegro-microsystems-board-deems-on-semiconductors-6-9b-offer-inadequate
Allegro's Board finds ON's acquisition proposal inadequate despite multiple offers over six months. Every week, our Whisper Index uncovers five overlooked stocks with big breakout potential. Get the latest picks today before they gain traction. Allegro MicroSystems, Inc.
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Allegro Confirms Receipt of Unsolicited Proposal from onsemi

https://www.globenewswire.com/news-release/2025/03/06/3037908/0/en/Allegro-Confirms-Receipt-of-Unsolicited-Proposal-from-onsemi.html
MANCHESTER, N.H., March 06, 2025 ( GLOBE NEWSWIRE ) -- Allegro ( NASDAQ: ALGM ) ( "Allegro" or the "Company" ) today confirmed that it received an unsolicited proposal from onsemi to acquire Allegro for $35.10 per share in cash on February 12, 2025.

ON Semiconductor Moves To Acquire Allegro, Sparking Investor Interest - Allegro Microsystems ( NASDAQ:ALGM ) , ON Semiconductor ( NASDAQ:ON )

https://www.benzinga.com/25/03/44084024/on-semiconductor-moves-to-acquire-allegro-sparking-investor-interest
Allegro stock surged 19% after reports of takeover interest from ON Semiconductor. ON Semiconductor eyes Allegro to expand its automotive chip business amid industry shifts. Our government trade tracker caught Pelosi's 169% AI winner. Discover how to track all 535 Congress member stock trades ...

Allegro MicroSystems Appoints Mike Doogue as President and Chief Executive Officer - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/pressreleases/25/02/g43908743/allegro-microsystems-appoints-mike-doogue-as-president-and-chief-executive-officer
MANCHESTER, N.H., Feb. 24, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ALGM a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Mike Doogue as President and Chief Executive ...

Allegro MicroSystems Appoints Mike Doogue as President and Chief Executive Officer

https://www.globenewswire.com/news-release/2025/02/24/3031024/0/en/Allegro-MicroSystems-Appoints-Mike-Doogue-as-President-and-Chief-Executive-Officer.html
MANCHESTER, N.H., Feb. 24, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ( Nasdaq: ALGM ) a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Mike Doogue as President and Chief ...

Allegro MicroSystems to Present at Morgan Stanley's Technology, Media & Telecom Conference on March 4, 2025 - Allegro Microsystems ( NASDAQ:ALGM )

https://www.benzinga.com/pressreleases/25/02/g43778960/allegro-microsystems-to-present-at-morgan-stanleys-technology-media-telecom-conference-on-march-4-
MANCHESTER, N.H., Feb. 18, 2025 ( GLOBE NEWSWIRE ) -- Allegro MicroSystems, Inc. ( "Allegro" ) ALGM, a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present at Morgan Stanley's Technology, Media & ...
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