22.91

0.56% -0.13

After Hours: 22.91

Allegro Microsystems Inc (ALGM)

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

Allegro Microsystems Inc stock is traded at $22.91, with a volume of 1.45M. It is down -0.56% in the last 24 hours and up +4.14% 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:

$23.04

Open:

$23.45

24h Volume:

1.45M

Relative Volume:

0.76

Market Cap:

$4.22B

Revenue:

$849.88M

Net Income/Loss:

$-25.12M

P/E Ratio:

-163.64

EPS:

-0.14

Net Cash Flow:

$65.45M

1W Performance:

-6.03%

1M Performance:

+4.14%

6M Performance:

-27.11%

1Y Performance:

-12.62%

1-Day Range:

$22.75

$23.46

1-Week Range:

$22.30

$24.06

52-Week Range:

$18.59

$33.26

Allegro Microsystems Inc Stock (ALGM) Company Profile

Name

Allegro Microsystems Inc

Sector

Technology (785)

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	22.91	4.22B	849.88M	-25.12M	65.45M	-0.14
NVDA Nvidia Corp	131.76	3.23T	113.27B	63.07B	56.55B	2.541
AVGO Broadcom Inc	224.70	1.05T	51.57B	5.90B	19.41B	1.226
TSM Taiwan Semiconductor Manufacturing Adr	201.45	1.04T	82.90B	32.84B	25.96B	6.2531
AMD Advanced Micro Devices Inc	116.09	188.39B	24.30B	1.83B	1.56B	1.11
QCOM Qualcomm Inc	159.53	177.24B	38.96B	10.14B	11.16B	8.99

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

Jan 13, 2025

What 5 Analyst Ratings Have To Say About Allegro Microsystems - Benzinga

Jan 13, 2025

Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum - Benzinga

Jan 13, 2025

Allegro MicroSystems (NASDAQ:ALGM) Price Target Raised to $27.00 at Wells Fargo & Company - MarketBeat

Jan 13, 2025

(ALGM) Technical Pivots with Risk Controls - Stock Traders Daily

Jan 13, 2025

Allegro MicroSystems gets top pick status at Needham - Seeking Alpha

Jan 13, 2025

Jan 12, 2025

Barclays PLC Grows Stock Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM) - MarketBeat

Jan 12, 2025

Jan 11, 2025

Allegro MicroSystems Plans $375M Debt Refinancing by 2025 - Yahoo Finance

Jan 11, 2025

Jan 10, 2025

Allegro MicroSystems announces $375M refinancing plan By Investing.com - Investing.com Canada

Jan 10, 2025