NASDAQ:ALGM

Allegro Microsystems Stock News

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$50.86
-4.02 (-7.32%)
At Close: Jul 13, 2026
Allegro's revenue rebound, earnings leverage and margin recovery bolster the bull case, but a richer valuation leaves less room for execution missteps.
ALGM is gaining from rising chip content in smarter vehicles, AI data centers and robotics, while margin gains could support earnings growth.
ALGM's growth story now spans EVs, AI data centers and robotics, but margins, auto exposure and execution remain key to the stock.
MANCHESTER, N.H., July 09, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2027 prior to the
Allegro MicroSystems, Inc. is positioned for multiyear growth via automotive, data center, and industrial robotics markets, but shares reflect much of the near-term upside. Key ALGM growth drivers inc
Pairing sensing leadership with a complete ASIL-D safety PMIC architecture, the single-chip A81415 redefines brake-by-wire design while eliminating up to nine components. Pairing sensing leadership wi
Allegro MicroSystems stock surged to a record high amid a broader semiconductor stock rally. ALGM stock nabbed a price-target hike.
Allegro MicroSystems (ALGM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength
MANCHESTER, N.H., June 18, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced the appointment of Brian C. White to Allegro's Board of Directors (“Board”) as an inde
On May 27, 2026, Allegro Microsystems Inc (ALGM) shares fell 3.5% to $49.00, continuing a volatile trend amidst a strong recent performance. Over the past week,
Allegro MicroSystems, Inc. (ALGM) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript
On May 26, 2026, Allegro Microsystems Inc (ALGM) shares rose 10.5% to a current price of $50.76. This significant increase comes in the context of a 52-week pri
Does Allegro MicroSystems, Inc. (ALGM) have what it takes to be a top stock pick for momentum investors? Let's find out.
The consensus price target hints at a 29.6% upside potential for Allegro MicroSystems (ALGM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earni
MANCHESTER, N.H., May 13, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced the appointment of Robert J.
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