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Allegro MicroSystems, Inc.

ALGM•NASDAQ
Technology
Semiconductors
$38.02
$1.67(4.59%)

Allegro MicroSystems, Inc. (ALGM) Stock Overview

Explore Allegro MicroSystems, Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B+

Score: 72.8/100

Key Financials

Market Cap6.8B
P/E Ratio-92.22
EPS (TTM)$-0.39
ROE-0.07%
Fundamental Analysis

AI Price Forecasts

1 Week$29.35
1 Month$27.26
3 Months$19.71
1 Year Target$18.09

ALGM Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Allegro MicroSystems, Inc. (ALGM) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 80.47, suggesting the stock is in an overbought condition. Our forecasting models predict significant price movements, with a 12-month target of $18.09.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -92.22 and a market capitalization of 6.8B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Technical Indicators

80.47RSI (14)
2.45MACD
48.78ADX
Revenue Growth
7.78%
↑ 7.78%
Profit Growth
$-0.40
↓ 18.50%
EPS Growth
$-0.40
↓ 19.39%
Operating Margin
-2.73%
↑ 3.03%
ROE
-7.47%
↓ 18.50%
Dividend Yield
0.00%

Analyst Recommendations

Strong Buy
0
Buy
4
Hold
0
Sell
0
Strong Sell
0

Price Targets

Low$26.00
Average$29.67
High$33.00

Company Profile

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.

CEO

Michael C. Doogue

Employees

4,593

Headquarters

955 Perimeter Road, Manchester, NH

Founded

2020

Frequently Asked Questions

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