ALGM
ALLEGRO MICRO (ALGM)
NASDAQ
$56.78-$4.80 (-7.80%)
Price as of Jun 23, 2026 11:34 AM EDT
  • $11.5B
    Market Cap
  • 93.16%
    1-Year Change
  • Semiconductors
    Industry

Key Performance

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  • Earnings Score: 65
  • Momentum Score: 97
  • True Yield: N/A
  • Financial Health Score: 48
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Latest Research & News

Allegro MicroSystems Appoints Brian White to its Board of Directors

Allegro MicroSystems announced the appointment of Brian C. White as an independent director effective June 17, 2026. White brings over 30 years of semiconductor industry experience, including CFO roles at Ambarella, Maxim Integrated Products, and Integrated Device Technology. His expertise in financial strategy, governance, and capital allocation is expected to support Allegro's growth in AI data centers, robotics, and automotive markets.

06/18/2026, 8:00 AM • GlobeNewswire

Nasdaq 100 Hits Record Above 30,000 On Micron's 18% Rally: Stock Market Today

The Nasdaq 100 crossed 30,000 during intraday trading as semiconductor stocks surged, led by Micron Technology's 18% gain following a UBS analyst price target hike to $1,625. The rally was driven by increased AI spending expectations from hyperscalers, with chip stocks dominating market leadership. The S&P 500 rose 0.6%, while the Russell 2000 outperformed with a 1.7% gain. AutoZone plunged 10.1% after missing revenue estimates despite beating EPS.

05/26/2026, 1:57 PM • Benzinga

Allegro MicroSystems to Present at TD Cowen’s 54th Annual Technology, Media & Telecom Conference on Wednesday, May 27, 2026

Allegro MicroSystems announced it will present at TD Cowen's 54th Annual Technology, Media & Telecom Conference on May 27, 2026, with CFO Derek D'Antilio participating in a fireside chat. The company reported strong financial performance with Q4 2026 sales up 26% year-over-year to $243 million and full-year 2026 sales up 23% to $890 million.

05/13/2026, 8:00 AM • GlobeNewswire

Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2026 Financial Results

Allegro MicroSystems announced it will release its fourth quarter and fiscal year 2026 financial results on May 7, 2026, prior to market open. CEO Mike Doogue and CFO Derek D'Antilio will host a conference call at 8:30 a.m. ET to discuss results and business outlook. The company will provide a live webcast and archived audio accessible for 90 days.

04/16/2026, 8:00 AM • GlobeNewswire

Tech Stocks Rebound, Crude Rallies Above $64 On Iran Tensions: What's Moving Markets Wednesday?

Tech stocks rebounded on Wednesday with the Nasdaq 100 jumping 1.4% past 25,000, led by software stocks. Cadence Design Systems surged nearly 10% after beating revenue estimates and projecting strong 2026 growth. Commodity markets rallied amid Middle East tensions, with oil climbing above $64 per barrel and gold surging past $5,000. However, Palo Alto Networks fell 6% despite beating quarterly expectations due to trimmed profit outlook.

02/18/2026, 1:06 PM • Benzinga

Allegro MicroSystems Appoints Ian Kent, Senior Vice President, Operations and Jamie Haas Vice President, Chief Technology Officer

Allegro MicroSystems promoted Ian Kent to Senior Vice President of Operations and Jamie Haas to Vice President and Chief Technology Officer. Kent will oversee worldwide manufacturing, quality, and supply chain operations, while Haas will lead technology vision and AI product strategy. Both promotions reflect the company's focus on executing its long-term strategy with experienced leadership.

02/03/2026, 8:00 AM • GlobeNewswire

Stocks Drop, Energy Sector Rises As Crude Eyes 6th Day Of Gains: What's Moving Markets Wednesday?

U.S. stock markets declined on Wednesday as technology and financial sectors weakened amid uncertainty over a Supreme Court ruling on Trump's tariffs. The Nasdaq 100 fell over 1.5%, led by semiconductor losses. However, the energy sector surged over 2.4% as crude oil climbed toward a sixth consecutive day of gains. Commodities like gold and silver also rallied, while Bitcoin rose to $97,000.

01/14/2026, 1:25 PM • Benzinga

Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops

Three tech stocks (Allegro Microsystems, eBay, and Impinj) experienced significant stock price drops after earnings reports, but analysts remain bullish, raising price targets and suggesting potential investment opportunities.

11/11/2025, 1:39 AM • Investing

Allegro MicroSystems to Announce Second Quarter Fiscal Year 2026 Financial Results

Allegro MicroSystems plans to release its Q2 fiscal year 2026 financial results on October 30, 2025, with a conference call hosted by its President and CFO to discuss results and business outlook.

10/09/2025, 8:00 AM • GlobeNewswire

Allegro (ALGM) Q1 Revenue Jumps 22%

Allegro MicroSystems reported Q1 FY2026 revenue of $203.4 million, a 22% year-over-year increase, but missed analyst expectations. The company saw growth in automotive and industrial segments, with strong cash flow and ongoing restructuring efforts.

08/01/2025, 5:36 AM • The Motley Fool

Allegro MicroSystems to Announce First Quarter Fiscal Year 2026 Financial Results

Allegro MicroSystems will release its Q1 fiscal year 2026 financial results on July 31, 2025, with a conference call at 8:30 a.m. EDT featuring the company's President and CFO.

07/10/2025, 8:00 AM • GlobeNewswire

Peers

Statistics

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Day Range
$58.13
$61.68
$61.58
1-Year Range
$22.80
$61.58
$61.58
Latest Close$61.58
Change
+$2.58 (+4.19%)
Volume3,463,978
Market Cap$11.5B
Shares Outstanding186.2M
P/E (TTM)-764.97
Diluted EPS (TTM)-$0.08
Enterprise Value$11.6B

Information as of 06/22/2026

Company Profile

ALLEGRO MICROSYSTEMS INC
ALLEGRO MICROSYSTEMS INC
https://www.allegromicro.com
$11.5B
Market Cap
-$14.9M
Net Income
Sector: Technology
Industry: Semiconductors
955 Perimeter Road, Manchester, NH, United States, 03103
603 626 2300

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. The company serves automotive and industrial markets, including advanced industrial markets such as AI data centers, robotics, and energy infrastructure sectors. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.

Key Executives

  • Michael C. Doogue
  • Derek D'Antilio
  • Sharon S. Briansky
  • Jamie Haas
  • Jalene A. Hoover

Current Ownership Distribution

  • Institutions2.1B (70.86%)
  • Mutual Funds774.3M (26.32%)
  • Insiders83.0M (2.82%)
  • Other0 (0.00%)