Allegro MicroSystems, Inc.
Allegro MicroSystems, Inc. (ALGM) Stock Overview
Explore Allegro MicroSystems, Inc.’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
6.9B
P/E Ratio
-92.22
EPS (TTM)
$-0.39
ROE
-0.07%
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 6.9B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Analyst Recommendations
Price Targets
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.
Michael C. Doogue
4,593
955 Perimeter Road, Manchester, NH
2020