Allegro Microsystems Inc. Stock News

Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q1 2023 Earnings Conference Call July 28, 2022 8:30 AM ET Company Participants Leanne Sievers - President, Shelton Group Investor Relations Vineet Nargolwala

Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 9.09% and 4.94%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock

MANCHESTER, N.H., May 27, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today President &

Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q4 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Katherine Blye - IR Ravi Vig - President and CEO Derek D'Antilio - CFO Conferenc

The fundamentals for ALGM are strong, with the automobile market showing no signs of turning its back on electrical vehicles. ALGM is weighed down by a couple of headwinds, which help explain why the

MANCHESTER, N.H., April 15, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the fourth quarter and fiscal year 2022 prior to th

Allegro MicroSystems Inc. (NASDAQ:ALGM)’s traded shares stood at 0.34 million during the last session. At the close of trading, the stock’s price was $25.95, to imply a decrease of -3.67% or -$0.99 in intraday trading. The ALGM share’s 52-week high remains $38.28, putting it -47.51% down since that peak but still an impressive 15.03% since … Allegro MicroSystems Inc. (NASDAQ: ALGM) Stock Falling -9.36% Over A Month – Any Room For Its Value To Rise? Read More »

The consensus price target hints at a 34.3% upside potential for Allegro MicroSystems, Inc. (ALGM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in

Following the impact of Covid-related shutdowns of third-party factories in Malaysia that clipped its revenue growth earlier this year, Allegro MicroSystems​ (ALGM) is regaining momentum as its busi

Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q3 2022 Results - Earnings Call Transcript

Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 5.56% and 19.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the

MANCHESTER, N.H., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the third quarter fiscal year 2022 prior to the mark

Manchester, NH, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ: ALGM ), a global leader in sensing and power solutions for motion control and energy-efficient systems, today announced its new A19360 wheel speed and distance sensor for use in emerging applications in advanced driver assistance systems (ADAS). The cutting-edge giant magnetoresistance (GMR) sensor provides automakers with the signal resolution and reliability required for advanced levels of automation in passenger vehicles and mobility-as-a-service applications. According to a recent report by consulting firm Strategy& , the first passenger vehicles with level 3 (conditional automation) capabilities should be generally available by the end of 2022, and level 4 (high automation) capabilities available in people-mover applications by 2025. By 2030, vehicles incorporating levels 3, 4 and 5 (full automation) capabilities are expected to make up 20% of the total market in Europe, 12% in the US, and 11% in China.