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Allegro MicroSystemsNASDAQ: ALGM

Profile

Sector:

Technology

Country:

United States

IPO:

29 October 2020

Next earnings report:

01 August 2024

Last dividends:

N/A

Next dividends:

N/A
$5.62 B
-45%vs. 3y high
77%vs. sector
-79%vs. 3y high
60%vs. sector
-55%vs. 3y high
75%vs. sector
-48%vs. 3y high
73%vs. sector

Price

after hours | Thu, 27 Jun 2024 23:08:11 GMT
$29.00+$0.03(+0.10%)

Dividend

No data over the past 3 years
$240.58 M$165.33 M
$240.58 M-$7.12 M

Analysts recommendations

Institutional Ownership

ALGM Latest News

Is It Worth Investing in Allegro MicroSystems (ALGM) Based on Wall Street's Bullish Views?
Zacks Investment Research08 April 2024 Sentiment: POSITIVE

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

7 Also-Ran Tech Stocks Ready to Steal the Spotlight
InvestorPlace04 April 2024 Sentiment: POSITIVE

While the innovation space seemingly lacks no shortage of interest, not every enterprise benefits from the spotlight, which brings us to tech stocks ready to rebound. Yes, there are indeed certain compelling tech plays that aren't getting the attention they deserve.

Allegro MicroSystems, Inc. (ALGM) Outperforms Broader Market: What You Need to Know
Zacks Investment Research03 April 2024 Sentiment: POSITIVE

In the closing of the recent trading day, Allegro MicroSystems, Inc. (ALGM) stood at $25.74, denoting a +0.23% change from the preceding trading day.

Allegro MicroSystems, Inc. (ALGM) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research28 March 2024 Sentiment: POSITIVE

In the most recent trading session, Allegro MicroSystems, Inc. (ALGM) closed at $26.95, indicating a +0.56% shift from the previous trading day.

Allegro MicroSystems, Inc. (ALGM) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research20 March 2024 Sentiment: POSITIVE

Recently, Zacks.com users have been paying close attention to Allegro MicroSystems (ALGM). This makes it worthwhile to examine what the stock has in store.

Allegro MicroSystems, Inc. (ALGM) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research18 March 2024 Sentiment: POSITIVE

In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $27.78, marking a +1.02% move from the previous day.

Allegro MicroSystems, Inc. (ALGM) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research06 March 2024 Sentiment: POSITIVE

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.

Is Allegro MicroSystems, Inc. (ALGM) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research26 February 2024 Sentiment: POSITIVE

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

3 Undervalued Mid-Cap Stocks Set to Benefit from the AI Revolution
InvestorPlace16 February 2024 Sentiment: POSITIVE

Discerning investors are increasingly looking to mid-cap stocks to supercharge their portfolios and build wealth. The artificial intelligence boom is only just beginning, and AI-powered software will continue to capture investors' attention.

Brokers Suggest Investing in Allegro MicroSystems, Inc. (ALGM): Read This Before Placing a Bet
Zacks Investment Research08 February 2024 Sentiment: POSITIVE

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 employed (or sell-side) analysts often affect a stock's price, do they really matter?

What type of business is Allegro MicroSystems?

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 readout ICs for LiDAR applications. The company sells its products to original equipment manufacturers and suppliers primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.

What sector is Allegro MicroSystems in?

Allegro MicroSystems is in the Technology sector

What industry is Allegro MicroSystems in?

Allegro MicroSystems is in the Semiconductors industry

What country is Allegro MicroSystems from?

Allegro MicroSystems is headquartered in United States

When did Allegro MicroSystems go public?

Allegro MicroSystems initial public offering (IPO) was on 29 October 2020

What is Allegro MicroSystems website?

https://www.allegromicro.com/en

Is Allegro MicroSystems in the S&P 500?

No, Allegro MicroSystems is not included in the S&P 500 index

Is Allegro MicroSystems in the NASDAQ 100?

No, Allegro MicroSystems is not included in the NASDAQ 100 index

Is Allegro MicroSystems in the Dow Jones?

No, Allegro MicroSystems is not included in the Dow Jones index

When does Allegro MicroSystems report earnings?

The next expected earnings date for Allegro MicroSystems is 01 August 2024