Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Allegro MicroSystems, Inc.

Allegro MicroSystems, Inc. (ALGM) Stock Overview

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

ALGM●NASDAQ
TechnologySemiconductors
$35.63
$1.53(4.12%)
U.S. Market opens in 15h 22m

Allegro MicroSystems, Inc. (ALGM)

Meyka AI Score

Z

Key Financials

Market Cap6.6B
P/E Ratio438.21
EPS (TTM)$0.54
ROE0.01%
Fundamental Analysis

AI Price Forecasts

1 Month$42.38
3 Months$46.90
1 Year Target$37.99

ALGM Stock Analysis & Investment Overview (NASDAQ)

Our AI-powered analysis of Allegro MicroSystems, Inc. (NASDAQ: ALGM) gives investors deep insight into how the stock performs on the NASDAQ exchange, its growth potential, and its market positioning. With a Meyka AI Score of B, Allegro MicroSystems, Inc.'s NASDAQ-listed shares demonstrate moderate investment characteristics based on our machine learning models.

The current technical analysis of ALGM on the NASDAQ shows an RSI of 29.75, suggesting the stock is in a an oversold condition. Our forecasting models predict a 12-month price target of $37.99 for the NASDAQ listing.

Key metrics behind Allegro MicroSystems, Inc.'s NASDAQ-traded stock include a P/E ratio of 438.21 and a market capitalization of 6.6B. Combined with our AI analysis, these give both institutional and retail investors a clear view of ALGM on the NASDAQ.

Price Performance (NASDAQ: ALGM)

1-Day Change
-4.12%
5-Day Change
-10.93%
1-Month Change
-22.59%
3-Month Change
-22.46%
6-Month Change
-8.73%
Year-to-Date (YTD) Change
35.06%
1-Year Change
12.19%
3-Year Change
-5.39%
5-Year Change
25.46%
All-Time (Max) Change
101.30%

Contact Information

https://www.allegromicro.com/en
603 626 2300
955 Perimeter Road, Manchester, NH, 03103

Company Facts

42,500 Employees
IPO DateOct 29, 2020
CountryUS
Actively Trading

Frequently Asked Questions