Allegro MicroSystems Inc. (ALGM)

NASDAQ: ALGM · Real-Time Price · USD

19.06

-0.01 (-0.05%)

At close: May 01, 2025, 12:34 PM

-0.05% (1D)

Bid	18.97
Market Cap	3.51B
Revenue (ttm)	772.76M
Net Income (ttm)	-65.33M
EPS (ttm)	-0.35
PE Ratio (ttm)	-54.46
Forward PE	36.08
Analyst	Buy

Ask	19.13
Volume	572,940
Avg. Volume (20D)	3,598,036
Open	19.35
Previous Close	19.07
Day's Range	18.95 - 19.56
52-Week Range	16.38 - 33.26
Beta	1.53

About ALGM

Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; power ICs comprising motor driver ICs, and regulator and LED driver ICs; and photonic and 3D sensing components, including photodiodes, eye-safe lasers, and readou...

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Industry Semiconductors

Sector Technology

IPO Date Oct 29, 2020

Employees 4,593

Stock Exchange NASDAQ

Ticker Symbol ALGM

Website https://www.allegromicro.com/en

Full Company Profile

Analyst Forecast

According to 8 analyst ratings, the average rating for ALGM stock is "Buy." The 12-month stock price forecast is $28.5, which is an increase of 49.53% from the latest price.

Stock Forecasts

Next Earnings Release

Allegro MicroSystems Inc. is scheduled to release its earnings on May 8, 2025, before market opens.
Analysts project revenue of ... Unlock content with Pro Subscription

Why Price Moved

6 days ago

+7.71%

Shares of semiconductor companies are trading high... Unlock content with Pro Subscription

1 week ago

+4.47%

Shares of companies within the broader technology sector are trading higher amid overall market strength after President Trump said he had no intention of firing Fed Chair Powell. Additionally, Trump indicated the final tariff rate would be less than the current 145% but not 0%.

News

2 weeks ago · reuters.com

Onsemi shelves $6.9 billion offer to buy Allegro MicroSystems

U.S chipmaker Onsemi said on Monday it was withdrawing its $6.9 billion offer for Allegro MicroSystems , a month after the semiconductor solutions provider rebuffed the latest offer from its larger ri...

2 weeks ago · businesswire.com

onsemi Withdraws Proposal to Acquire Allegro MicroSystems

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today announced that it has terminated its efforts to acquire Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) and withdrawn its all-cash p...

1 month ago · investors.com

Allegro MicroSystems Stock Down Since Spurning Buyout Deal

A week after Allegro MicroSystems rejected a buyout proposal from Onsemi, ALGM stock is trading well below the takeout price. The post Allegro MicroSystems Stock Down Since Spurning Buyout Deal appear...

1 month ago · investopedia.com

Allegro Stock Jumps as Chip Maker Rejects Onsemi's $35.10 Per Share Bid

Shares of power chips maker Allegro Microsystems (ALGM) jumped Thursday in intraday trading after it rejected the latest bid by its larger rival ON Semiconductor (ON), also known as Onsemi, describing...

1 month ago · reuters.com

Onsemi proposes to acquire Allegro Microsystems in all-cash transaction

Onsemi said on Wednesday that it proposed to acquire sensor integrated circuits provider Allegro Microsystems for $35.10 per share in an all-cash transaction.

1 month ago · businesswire.com

onsemi Proposes to Acquire Allegro MicroSystems for $35.10 Per Share in Cash

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today disclosed details of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) to acquire th...