Allegro Microsystems Inc. Stock News

In the most recent trading session, Allegro MicroSystems, Inc. (ALGM) closed at $30.37, indicating a -1.78% shift from the previous trading day.

Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Allegro Microsystems has a dominant position in the magnetic sensor market, which is its largest revenue segment. Both the magnetic sensor and power IC segments have shown significant improvement and

Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

The semiconductor sector has been on a tear in 2023, but while giants like Nvidia (NASDAQ: NVDA ) get all the headlines, some hidden gems are still waiting to be discovered. Sure, the bigger players c

Allegro's chip designs used in EVs and other systems with an electric motor are a secular growth market. The company is hitting what is expected to be a temporary slowdown.

Allegro MicroSystems, Inc. (ALGM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Allegro MicroSystems, Inc. (ALGM) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising e

After a rough few months, I'm finding a good deal of top tech stocks to buy. Especially with a lot of negativity priced in, including fears of higher interest rates.

AMD is benefiting from its expanding portfolio, which includes the latest EPYC CPUs and Pensando DPUs.

Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employe

Allegro MicroSystems reported strong Q1 earnings, beating expectations, but its shares have since dropped 20%. The drop may be due to weak guidance for Q2 and concerns about the company's valuation. A

Let's take a look at three tech stocks that could start presenting better buying opportunities after today's selloff following their quarterly reports.

Chipmaker Allegro MicroSystems topped Wall Street's targets for its fiscal first quarter and guided higher for the current period.