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Chipmaker Allegro MicroSystems topped Wall Street's targets for its fiscal first quarter and guided higher for the current period.
Allegro MicroSystems' (ALGM) first-quarter fiscal 2024 performance will likely reflect strong momentum in its e-mobility, industrial and automotive segments despite macro uncertainties.
Allegro MicroSystems, Inc. (ALGM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Here is how Allegro MicroSystems, Inc. (ALGM) and Fortinet (FTNT) have performed compared to their sector so far this year.
Here is how Allegro MicroSystems, Inc. (ALGM) and Shopify (SHOP) have performed compared to their sector so far this year.
The mean of analysts' price targets for Allegro MicroSystems, Inc. (ALGM) points to a 29.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agree

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AMR, CCU, DHC, MTH and ALGM have been added to the Zacks Rank #1 (Strong Buy) List on June 9, 2023.
Per the latest report by Semiconductor Industry Association (SIA), global semiconductor sales in April 2023 plunge 21.6% on a year-over-year basis due to a cyclical downturn and sluggish macroeconomic

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PAY, TAST and ALGM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 7, 2023.
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

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09:03am, Wednesday, 07'th Jun 2023
PAY, TAST, DHC, VWAGY and ALGM have been added to the Zacks Rank #1 (Strong Buy) List on June 7, 2023.
Most electric-vehicle stocks are growth names. As a result, it's hardly surprising that almost all EV stocks to buy tumbled sharply during the 2022 bear market.
Allegro MicroSystems' financials show a modest 6.1% revenue CAGR, but improved profitability metrics and consistent positive levered free cash flow. DCF valuation suggests ALGM stock is slightly overv
Here is how Allegro MicroSystems, Inc. (ALGM) and Bentley Systems, Incorporated (BSY) have performed compared to their sector so far this year.
MANCHESTER, N.H., May 30, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy
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