Strength Seen in Allegro MicroSystems (ALGM): Can Its 8.7% Jump Turn into More Strength?
Allegro MicroSystems (ALGM) shares jumped 8.7% in the last trading session, closing at $39.53, driven by strong growth in its data center business and increased automotive bookings. The company anticipates significant year-over-year earnings and revenue growth in its upcoming report. While the recent price movement is positive, the absence of changes in earnings estimate revisions suggests investors should monitor ALGM closely for sustained strength.
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Receives Consensus Rating of "Moderate Buy" from Analysts
Analysts have issued a consensus "Moderate Buy" rating for Allegro MicroSystems, Inc. (NASDAQ:ALGM), with an average 12-month price target of $53.17, significantly above its current trading price. The company recently surpassed quarterly earnings expectations, reporting $0.23 EPS against a $0.21 consensus, and saw revenue grow by 27.5% year-over-year. Institutional ownership stands at 56.45%, with BlackRock Inc. holding a substantial stake.
Allegro MicroSystems Rises on Bullish Analyst Initiation and Strong Chip-Sector Tailwinds
Allegro MicroSystems (ALGM) saw an 8.7% rise in its stock price, primarily driven by a new "Outperform" analyst initiation with a $50 price target. This positive sentiment was amplified by a broader semiconductor rally following a weaker U.S. jobs report, which improved risk appetite for growth stocks and eased concerns about rate hikes. The company also reported strong fundamental momentum with significant year-over-year sales growth and positive guidance for the upcoming quarter.
Allegro MicroSystems (ALGM) Moves 9.3% Higher: Will This Strength Last?
Allegro MicroSystems (ALGM) saw its shares jump 9.3% due to strong growth in its automotive business, driven by increasing adoption of its solutions in electric vehicles and ADAS applications. The company anticipates significant quarterly earnings and revenue growth, though the absence of recent earnings estimate revisions suggests investors should monitor future developments. ALGM currently holds a Zacks Rank #2 (Buy), indicating potential for continued strength.
RBC Capital Markets Initiates Allegro Microsystems (ALGM) with O
RBC Capital Markets initiated coverage of Allegro Microsystems (ALGM) with an Outperform rating and a $50 price target, citing its leadership in magnetic sensing and projected 20% revenue growth over two years. Despite a 38% stock correction, the firm is optimistic about its automotive and data center market opportunities, although GuruFocus's GF Value™ suggests the stock is modestly overvalued, and insider selling indicates some caution.
RBC Capital initiates Allegro MicroSystems stock at outperform
RBC Capital has initiated coverage on Allegro MicroSystems (NASDAQ:ALGM) with an outperform rating and a $50 price target, citing its leadership in magnetic sensing and potential for 20% revenue growth over the next two years. Despite a recent stock decline, shares remain up year-to-date, and the firm sees attractive risk-reward at 26 times calendar year 2027 estimated earnings per share. This positive outlook follows Allegro MicroSystems exceeding Q1 fiscal 2027 earnings and revenue expectations.
Board pay becomes 618.982 deferred stock units for Allegro MicroSystems (ALGM) director Robert Willett.
Allegro MicroSystems director Robert Willett acquired 618.982 Deferred Stock Units (DSUs) on September 30, 2026, by electing to receive his quarterly cash board retainer in DSUs. These DSUs, valued at $36.35 per share, are fully vested upon grant and will settle in common shares after his separation from service, disability, or death. This transaction increases his total DSU holdings to 4,869.982.
Allegro Microsystems Inc (6V5.DU) Stock Price, News, Quote & History
This Yahoo Finance page provides a financial overview of Allegro Microsystems Inc (6V5.DU), including its current stock price, historical data, and performance. The stock closed at 32.11 EUR with a slight increase of 0.12% on September 30, and its year-to-date and 1-year returns significantly outperform the S&P 500 benchmark. The page also features links to news, research, and financial analysis for the company.
Total revenue of Allegro MicroSystems, Inc. – HAN:6V5
This article focuses on the total revenue of Allegro MicroSystems, Inc. (HAN:6V5) listed on the Hannover Stock Exchange. It indicates that the market was closed with no trades recorded at the time of the report. The content appears to be a financial data page from TradingView, highlighting the company's financials without providing specific revenue figures in the text.
Allegro MicroSystems, Inc. Revenue Breakdown – HAN:6V5
Allegro MicroSystems, Inc. (HAN:6V5) generated a total revenue of 770.40 million EUR last year. The Magnetic Sensors segment was the top-performing segment, contributing 466.12 million EUR, an increase from 438.65 million EUR in the previous year. Greater China was the largest regional contributor, accounting for 215.88 million EUR of the revenue.
Allegro Microsystems Inc (ALGM) Shares Surge 4.6% -- What GF Sco
Allegro Microsystems Inc (ALGM) shares surged 4.6% to $36.76 on September 25, 2026, yet GuruFocus assesses the stock as "Modestly Overvalued" with a GF Value of $31.01. Despite a strong GF Score of 87/100, indicating robust growth and solid financials, the current P/E ratio of 490.1x significantly exceeds its historical median, raising concerns about its valuation. Insider selling and mixed guru activity further suggest caution for potential investors.
Allegro MicroSystems, Inc. (ALGM) stock price, news, quote and history
This article provides a comprehensive overview of Allegro MicroSystems, Inc. (ALGM) stock, including its current price, news, and historical data. It details the company's profile, financial performance, analyst insights, and key statistics. Allegro MicroSystems specializes in sensor and application-specific power ICs for automotive and industrial markets.
Allegro MicroSystems, Inc. $ALGM Shares Sold by Engineers Gate Manager LP
Engineers Gate Manager LP significantly reduced its stake in Allegro MicroSystems (ALGM) by 81% in the second quarter, selling nearly 30,000 shares. Despite this, institutional ownership remains strong at 56.45%, with firms like BlackRock and Dimensional Fund Advisors increasing their holdings. Analysts generally maintain a "Moderate Buy" rating for ALGM, with the company also surpassing recent quarterly earnings and revenue expectations.
Allegro MicroSystems, Inc. (ALGM) Stock Forecasts
The article "Allegro MicroSystems, Inc. (ALGM) Stock Forecasts" appears to be an error page or a placeholder from Yahoo Finance Canada. It contains navigation, market data, and links but lacks any actual content or stock forecast for ALGM.
Allegro MicroSystems, Inc. (ALGM) stock price, news, quote and history
This article provides detailed financial information for Allegro MicroSystems, Inc. (ALGM), including its stock price, historical data, key financial metrics, and analyst insights. It highlights the company's performance, earnings trends, and a business overview, noting its focus on sensor and power ICs for automotive and industrial markets.
Allegro MicroSystems' AHV850xx Isolated SiC GateDriver Chipset, Now at Mouser, Simplifies Power Design for Data Centers and Industrial Applications
Mouser Electronics is now stocking Allegro MicroSystems' AHV85003 and AHV85043 Isolated Silicon Carbide (SiC) GateDriver chipset. This chipset aims to simplify power conversion design in applications like automotive onboard chargers, solar inverters, industrial robotics, and data centers by reducing system complexity and BOM. It features a Power-Thru™ design for signal and bias power transmission, eliminating traditional bootstrap circuits, and offers a bipolar output with an adjustable negative rail and separate gate pull-up/pull-down pins for efficient high-frequency switching.
Bank of America Corp DE Acquires New Position in Allegro MicroSystems, Inc. $ALGM
Bank of America Corp DE has acquired a new stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM), purchasing 921,728 shares valued at approximately $64.2 million during the second quarter. This acquisition represents about 0.49% of Allegro MicroSystems, a company whose institutional ownership now stands at 56.45%. Despite a recent decline in stock price and several analysts reducing price targets, Allegro MicroSystems beat its quarterly EPS and revenue estimates and maintains a "Moderate Buy" consensus rating among analysts.
Morgan Stanley Remains a Buy on Allegro MicroSystems (ALGM)
Morgan Stanley analyst Joseph Moore has maintained a Buy rating on Allegro MicroSystems (ALGM) with a price target of $52.00. The company reported quarterly revenue of $259.24 million and a net profit of $15.87 million, an increase from the previous year. Allegro MicroSystems has a "Strong Buy" analyst consensus with an average price target of $52.83.
Vishay Intertechnology, Allegro MicroSystems, Himax, Bandwidth, and AMD Stocks Trade Up, What You Need To Know
Several growth-oriented stocks, including Vishay Intertechnology, Allegro MicroSystems, Himax, Bandwidth, and AMD, saw significant gains after Treasury yields retreated below 5% and oil prices declined. This recovery followed the Federal Reserve's recent interest rate hike, which had initially caused a sharp sell-off in technology and semiconductor stocks. The market's positive reaction was also fueled by recent advancements in chip manufacturing and a new collaboration between Qualcomm and AWS for custom AI data center infrastructure.
Is Power Electronics Outgrowing the Shunt Resistor?
As power electronics advance with GaN and SiC technologies, traditional shunt resistors are becoming less suitable for current sensing due to limitations like heat dissipation, size constraints, and the need for complex supporting circuitry. The article explores how magnetic current sensors, including integrated conductor, coreless, and advanced TMR technologies, offer superior alternatives by providing thermal and galvanic isolation, smaller footprints, and better performance in high-frequency and high-current applications. These magnetic solutions address the hidden costs and complexities associated with shunts, pushing towards a system-level approach for more efficient and robust power designs.
Allegro MicroSystems: Three Tailwinds, One Stock (NASDAQ:ALGM)
Allegro MicroSystems (ALGM) has underperformed over the past five years due to its significant exposure to the stagnant automotive sector. However, the company is poised for growth with emerging tailwinds from the expansion of autonomy, AI data centers, and humanoids, which will increase the demand for its chips. The author is bullish on ALGM, setting a price target of $118/share, anticipating mid-teens growth and an increase in operating leverage to 32% margins in the next 3-5 years.
Allegro MicroSystems: how Fair Value spotted 51% decline in advance
InvestingPro's Fair Value analysis accurately predicted a 51% decline in Allegro MicroSystems (ALGM) shares. The stock was flagged as significantly overvalued at $69.61 in June 2026, dropping to $33.85 three months later, despite improving fundamentals. This case study highlights the importance of fair value analysis in identifying overvalued stocks and making informed investment decisions.
StoneX reiterates buy rating on Allegro MicroSystems stock By Investing.com
StoneX has reiterated its buy rating on Allegro MicroSystems Inc. (NASDAQ:ALGM) and maintained a $60.00 price target, viewing the recent stock decline as a buying opportunity. Despite InvestingPro's fair value assessment suggesting overvaluation, StoneX highlights business momentum and a favorable risk-reward profile. The company recently surpassed Q1 fiscal 2027 earnings and revenue expectations and held its Annual Meeting of Shareholders where Class III Directors were elected.
StoneX reiterates buy rating on Allegro MicroSystems stock
StoneX has reiterated its buy rating on Allegro MicroSystems Inc. (NASDAQ:ALGM) and maintained its $60.00 price target, viewing the recent stock decline as a buying opportunity. The firm highlighted momentum in Allegro MicroSystems' business and a favorable risk-reward profile, despite the stock trading at a high earnings multiple. Recent company news includes exceeding first-quarter fiscal 2027 earnings and revenue expectations and the election of new Class III Directors.
Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
This article highlights three companies—Allegro MicroSystems (ALGM), Onto Innovation (ONTO), and Badger Meter (BMI)—that offer a balance of stability and growth potential. These companies are positioned within secular growth trends like electric vehicles, advanced chip manufacturing, and water infrastructure. Allegro MicroSystems is benefiting from strong automotive and data center demand, Onto Innovation is thriving in the semiconductor inspection market, and Badger Meter is crucial for modernizing water infrastructure despite some near-term sales challenges.
How Allegro Microsystems Inc. (ALGM) Affects Rotational Strategy Timing
This article analyzes Allegro Microsystems Inc. (ALGM) using AI models to provide trading strategies for different risk profiles. It highlights divergent sentiment, suggesting choppy market conditions, and offers specific long, breakout, and short strategies with entry, target, and stop-loss levels. The analysis also includes multi-timeframe signal assessments for near, mid, and long-term horizons.
Has Allegro MicroSystems (ALGM) Outpaced Other Computer and Technology Stocks This Year?
Allegro MicroSystems (ALGM) has significantly outperformed the Computer and Technology sector and its specific industry (Electronics - Semiconductors) this year, returning 83.4% compared to the sector's 16.5% and the industry's 43%. Jabil (JBL), another stock in the sector, also showed strong performance with a 60.2% return. Both companies currently hold a Zacks Rank #2 (Buy), indicating positive analyst sentiment and earnings outlooks.
AMD, Marvell Technology, Semtech, Allegro MicroSystems, and MACOM Stocks Trade Up, What You Need To Know
Shares of AMD, Marvell Technology, Semtech, Allegro MicroSystems, and MACOM all saw significant gains as selling pressure eased, Treasury yields fell, and positive momentum from Asian markets boosted investor sentiment. This uplift occurred ahead of Nvidia's quarterly earnings and key inflation data, with the broader tech sector benefiting from lower U.S. Treasury yields and retreating oil prices. Marvell Technology notably jumped 5.9% after Google parent Alphabet received a warrant to buy roughly 7% of its outstanding shares.
Allegro MicroSystems (ALGM): Buy, Sell, or Hold Post Q2 Earnings?
Allegro MicroSystems (ALGM) shares have fallen by 6.1% over the last six months, contrasting sharply with the S&P 500's 10.5% gain. Despite the lower entry price, analysts are cautious due to flatlining revenue growth, a weak operating margin of 2% for a semiconductor business, and a mediocre free cash flow margin of 8.1%. The stock's current valuation at 33x forward P/E suggests optimism is already priced in, leading experts to recommend looking for better investment opportunities elsewhere.
Allegro MicroSystems (ALGM): Buy, Sell, or Hold Post Q2 Earnings?
Allegro MicroSystems (ALGM) shares have dropped by 6.1% over the last six months, contrasting with the S&P 500's 10.5% gain. Analysts express caution due to flat revenue growth, weak operating margins, and mediocre free cash flow margins. Despite the lower stock price, the company's valuation at 33x forward P/E still suggests optimism is priced in, leading to a recommendation to consider other investment opportunities.
Meta Stock And 2 AI Infrastructure Picks Worth Watching
This article highlights Meta Platforms (META) and two AI infrastructure picks, Allegro MicroSystems (ALGM) and Fortinet (FTNT), as stocks to watch in the artificial intelligence sector. Meta is investing heavily in AI data centers and chips while expanding its consumer apps and AI services. Allegro MicroSystems is positioned at the intersection of electrification, EVs, and AI data centers with strong anticipated earnings growth. Fortinet offers AI-driven cybersecurity solutions with high profitability, making it attractive for investors seeking exposure to AI infrastructure security.
5 Red Days In A Row: Allegro Microsystems Stock Is Down 16%
Allegro Microsystems (ALGM) stock has dropped 16% over five consecutive trading days, erasing $1.3 billion from its market value, against a backdrop of mixed fundamentals. While its recent revenue growth is strong, its 3-year average growth is negative, and its P/E ratio is significantly higher than the S&P 500 median. The article emphasizes that this streak highlights the importance of evaluating the business against its price and the need for diversification.
Trillium Asset Management LLC Acquires Shares of 143,348 Allegro MicroSystems, Inc. $ALGM
Trillium Asset Management LLC recently acquired 143,348 shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM) valued at approximately $9.98 million, increasing institutional ownership to 56.45%. Allegro MicroSystems reported strong quarterly earnings, beating analyst estimates with $0.23 EPS and a 27.5% year-over-year revenue increase. Despite a dip in stock price and recent insider share sales, analysts maintain a "Moderate Buy" rating with an average target price of $53.45.
Allegro Microsystems Inc (ALGM) Shares Fall 3.0% -- What GF Score of 85 Tells Investors
Allegro Microsystems Inc (ALGM) shares recently dropped 3.0%, continuing a downward trend, and are currently assessed as "Modestly Overvalued" by GF Value™ despite a strong GF Score™ of 85/100. The company's P/E ratio is significantly above its historical median, and insider selling activity without corresponding buying raises caution for potential investors. The GF Score indicates strong momentum, financial strength, and profitability, but its valuation rank is moderate.
Lisanti Capital Growth LLC Takes $7.51 Million Position in Allegro MicroSystems, Inc. $ALGM
Lisanti Capital Growth LLC has acquired a new stake of 107,865 shares, valued at $7.51 million, in Allegro MicroSystems (ALGM), making it 1.7% of their portfolio. Other institutional investors also increased their holdings in ALGM, contributing to 56.45% institutional ownership. Despite recent insider selling and a 2.6% drop in stock price, analysts maintain a "Moderate Buy" rating with an average price target of $53.45.
Marvell Technology, Vishay Intertechnology, and Allegro MicroSystems Shares Plummet, What You Need To Know
Marvell Technology, Vishay Intertechnology, and Allegro MicroSystems shares dropped significantly following a 19-year high in the 30-year U.S. Treasury yield and sustained high oil prices. This market reaction is attributed to the increased discount rate affecting future earnings of chip stocks and higher financing costs for data-center infrastructure. Vishay Intertechnology's shares experienced a 10.2% decline, reflecting broad investor concerns despite some positive recent earnings reports.
Allegro MicroSystems (NASDAQ: ALGM) director sells 1,000 shares under trading plan
Allegro MicroSystems (NASDAQ: ALGM) director Jennie Raubacher sold 1,000 shares of common stock at $45.32 per share on August 17, 2026, under a Rule 10b5-1 trading plan. Following this transaction, Raubacher directly holds 13,976 shares. The sale and plan details were disclosed in an SEC Form 4 filing.
Allegro MicroSystems (NASDAQ:ALGM) Shares Down 9.6% - Here's Why
Allegro MicroSystems (NASDAQ:ALGM) shares dropped 9.6% following a downgrade from Barclays, despite the company's recent quarterly results exceeding expectations with EPS of $0.23 and revenue of $259.24 million. The stock still holds a "Moderate Buy" consensus rating with an average price target of $53.45. Insider selling has occurred, but institutional investors like BlackRock and Invesco have increased their positions.
ALLEGRO MICROSYSTEMS, INC. SEC Filing (Aug 17, 2026)
This article details an SEC Form 144 filing by Allegro MicroSystems, Inc. (ALGM) on August 17, 2026. The filing indicates a proposed sale of 1,000 shares of common stock with an aggregate market value of $45,320, acquired through restricted stock vesting. The document also includes general information about the company's stock performance and recent news.
143,870 Shares in Allegro MicroSystems, Inc. $ALGM Purchased by Nippon Life Global Investors Americas Inc.
Nippon Life Global Investors Americas Inc. has purchased 143,870 shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM) valued at approximately $10 million, increasing institutional ownership to 56.45%. Despite insider selling totaling $599,170 over the last 90 days, analysts maintain a "Moderate Buy" rating with an average price target of $53.45. Allegro MicroSystems reported strong quarterly earnings, exceeding analyst expectations with a 27.5% year-over-year revenue increase.
Bank of America Corp DE Acquires 278,798 Shares of Allegro MicroSystems, Inc. $ALGM
Bank of America Corp DE significantly increased its stake in Allegro MicroSystems, Inc. by acquiring 278,798 additional shares in the first quarter, bringing its total holdings to 855,453 shares valued at approximately $27.0 million. This move is part of broader institutional interest, with collective ownership of 56.45% by institutional investors, despite some insider selling. Analysts generally maintain a "Moderate Buy" rating for Allegro, with an average price target of $53.45, following the company's better-than-expected quarterly earnings.
State of Wyoming Invests $2.25 Million in Allegro MicroSystems, Inc. $ALGM
The State of Wyoming recently invested $2.25 million in Allegro MicroSystems, Inc. ($ALGM) by acquiring 32,269 shares during the second quarter. This move highlights institutional confidence in the company, which saw strong Q2 earnings, beating analyst expectations with $0.23 EPS and $259.24 million in revenue. Despite some insider stock sales and target reductions, analysts maintain a "Moderate Buy" rating with an average price target of $53.45.
Allegro MicroSystems (NASDAQ:ALGM) Rating Increased to Strong-Buy at Benchmark
Benchmark has upgraded Allegro MicroSystems (NASDAQ:ALGM) to a "strong-buy" rating, while the overall analyst consensus remains a "moderate buy" with an average price target of $53.45. The company's latest quarterly results surpassed expectations, with adjusted EPS of $0.23 and revenue of $259.24 million, marking a 27.5% year-over-year sales increase. Despite a high P/E ratio of 739.96 and recent insider share sales totaling around $709,000, institutional investors have shown varied activity in the stock.
Did Insider Selling and New Bullish Coverage Just Shift Allegro MicroSystems' (ALGM) Investment Narrative?
Allegro MicroSystems (ALGM) recently saw a senior vice president sell company stock, while Benchmark initiated bullish analyst coverage. This conflicting information creates a nuanced investment outlook, with analysts focusing on the company's strong Q2 sales guidance and progress in EV, industrial automation, and data center markets, despite concerns about margin pressure and R&D spending. The article explores how these differing signals influence investor perception of Allegro’s future.
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Given Average Recommendation of "Moderate Buy" by Analysts
Allegro MicroSystems (NASDAQ:ALGM) has received a consensus "Moderate Buy" rating from analysts, with an average 12-month price target of $53.45. The company recently surpassed quarterly earnings expectations, reporting EPS of $0.23 and revenue of $259.24 million, and provided strong Q2 2027 guidance. Despite some insider selling, institutional investors hold over 56% of the stock.
Allegro MicroSystems Jumps 6.9% After Benchmark Initiates at Buy
Allegro MicroSystems (NASDAQ:ALGM) shares surged 6.9% after Benchmark initiated coverage with a Buy rating and a $60 price target. This analyst endorsement and positive sentiment from the semiconductor sector led to active trading, with 567,985 shares changing hands. The rally reflects renewed investor interest and confidence in the company's potential for significant upside.
Allegro MicroSystems Jumps 6.9% After Benchmark Initiates at Buy
Allegro MicroSystems (NASDAQ:ALGM) stock jumped 6.9% after Benchmark initiated coverage with a Buy rating and a $60 price target. The bullish endorsement led to active trading, with 567,985 shares changing hands. Investors will be watching for further analyst actions and company-specific news to see if the stock can sustain its momentum.
Allegro Microsystems started with Buy rating at Benchmark (ALGM:NASDAQ)
Benchmark initiated coverage on Allegro Microsystems (ALGM) with a Buy rating and a $60 price target, anticipating future growth driven by the automotive sector. Shares of ALGM saw a 1.9% increase in premarket trading following the news. The investment firm believes Allegro Microsystems is well-positioned for expansion within the automotive industry.
Erin Hagen Sells 2,285 Shares of Allegro MicroSystems (NASDAQ:ALGM) Stock
Erin Hagen, SVP of Allegro MicroSystems (NASDAQ:ALGM), sold 2,285 shares of the company's stock for $101,431.15, reducing her direct holdings by 6.85%. This transaction comes as Allegro MicroSystems reported strong quarterly earnings, beating estimates with $0.23 EPS and a 27.5% year-over-year revenue increase. The company maintains a "Moderate Buy" consensus rating from analysts with an average price target of $52.80.
Allegro MicroSystems (ALGM) SVP Erin Hagen sells 2,285 shares under plan
Erin Hagen, SVP and Chief Human Resources Officer at Allegro MicroSystems, sold 2,285 shares of ALGM common stock on August 10, 2026, at $44.39 per share, totaling approximately $101,000. This transaction was conducted under a Rule 10b5-1 trading plan established on May 11, 2026. Following the sale, Hagen directly holds 31,052 shares of the company.
