16.77

1.45% 0.24

After Hours: 17.34 0.57 +3.40%

Allegro Microsystems Inc (ALGM)

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

Allegro Microsystems Inc stock is traded at $16.77, with a volume of 5.07M. It is up +1.45% in the last 24 hours and down -36.88% 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:

$16.53

Open:

$16.775

24h Volume:

5.07M

Relative Volume:

1.46

Market Cap:

$3.66B

Revenue:

$849.88M

Net Income/Loss:

$-25.12M

P/E Ratio:

-119.79

EPS:

-0.14

Net Cash Flow:

$65.45M

1W Performance:

-15.64%

1M Performance:

-36.88%

6M Performance:

-16.94%

1Y Performance:

-36.02%

1-Day Range:

$16.42

$17.15

1-Week Range:

$16.38

$19.57

52-Week Range:

$16.38

$33.26

Allegro Microsystems Inc Stock (ALGM) Company Profile

Name

Allegro Microsystems Inc

Sector

Technology (776)

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	16.77	3.66B	849.88M	-25.12M	65.45M	-0.14
NVDA Nvidia Corp	98.89	2.74T	130.50B	72.88B	60.85B	2.938
AVGO Broadcom Inc	169.58	841.41B	54.53B	10.07B	20.73B	2.082
TSM Taiwan Semiconductor Manufacturing Adr	151.40	816.00B	96.75B	40.32B	26.84B	7.7746
AMD Advanced Micro Devices Inc	86.26	154.81B	25.79B	1.64B	2.41B	0.99
QCOM Qualcomm Inc	138.74	153.29B	40.70B	10.56B	12.74B	9.36

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

06:24 AM

Barclays Downgrades Allegro MicroSystems (ALGM) Price Target Amid Trade Concerns | ALGM Stock News - GuruFocus

06:24 AM

02:07 AM