ALGM Stock - Allegro MicroSystems, Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $725.01M | $1.05B | $973.65M | $768.67M | $591.21M |
| Gross Profit | $321.53M | $574.53M | $546.08M | $407.46M | $278.90M |
| Gross Margin | 44.3% | 54.8% | 56.1% | 53.0% | 47.2% |
| Operating Income | $-19,802,000 | $196.24M | $203.31M | $136.65M | $12.16M |
| Net Income | $-73,010,000 | $152.70M | $187.36M | $119.41M | $17.95M |
| Net Margin | -10.1% | 14.6% | 19.2% | 15.5% | 3.0% |
| EPS | $-0.39 | $0.79 | $0.98 | $0.63 | $0.09 |
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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 1st 2025 | TD Cowen | Reiterated | Buy | $37← $42 |
| June 16th 2025 | BofA Securities | Resumed | Buy | $38 |
| November 22nd 2024 | Wells Fargo | Initiation | Overweight | $23 |
| November 12th 2024 | Loop Capital | Initiation | Buy | $30 |
| November 7th 2024 | Morgan Stanley | Initiation | Equal Weight | $21 |
| September 3rd 2024 | UBS | Initiation | Buy | $33 |
| May 13th 2024 | Jefferies | Initiation | Buy | $37 |
| May 10th 2024 | TD Cowen | Reiterated | Buy | $32← $35 |
| April 16th 2024 | Evercore ISI | Initiation | Outperform | $36 |
| February 2nd 2024 | TD Cowen | Reiterated | Outperform | $35← $32 |
| February 2nd 2024 | Wolfe Research | Upgrade | Outperform | $35 |
| September 29th 2023 | BofA Securities | Initiation | Neutral | $36 |
| July 20th 2023 | Wolfe Research | Initiation | Peer Perform | - |
| May 25th 2022 | Cowen | Initiation | Outperform | $30 |
Earnings History & Surprises
ALGMEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Jan 29, 2026 | $0.14 | — | — | — |
Q4 2025 | Oct 30, 2025 | $0.12 | $0.13 | +8.3% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $0.09 | $0.09 | 0.0% | = MET |
Q2 2025 | May 8, 2025 | $0.05 | $0.06 | +20.0% | ✓ BEAT |
Q1 2025 | Jan 30, 2025 | $0.06 | $0.07 | +16.7% | ✓ BEAT |
Q4 2024 | Oct 31, 2024 | $0.06 | $0.08 | +33.3% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $0.02 | $0.03 | +47.9% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $0.21 | $0.25 | +19.0% | ✓ BEAT |
Q1 2024 | Feb 1, 2024 | $0.29 | $0.32 | +10.3% | ✓ BEAT |
Q4 2023 | Nov 2, 2023 | $0.37 | $0.40 | +8.1% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $0.37 | $0.39 | +5.4% | ✓ BEAT |
Q2 2023 | May 10, 2023 | $0.36 | $0.37 | +2.8% | ✓ BEAT |
Q1 2023 | Jan 31, 2023 | $0.32 | $0.35 | +9.4% | ✓ BEAT |
Q4 2022 | Oct 27, 2022 | $0.26 | $0.31 | +19.2% | ✓ BEAT |
Q3 2022 | Jul 28, 2022 | $0.22 | $0.24 | +9.1% | ✓ BEAT |
Q2 2022 | May 9, 2022 | $0.21 | $0.21 | 0.0% | = MET |
Q1 2022 | Feb 1, 2022 | $0.18 | $0.19 | +5.6% | ✓ BEAT |
Q4 2021 | Oct 28, 2021 | $0.18 | $0.20 | +11.1% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $0.16 | $0.18 | +12.5% | ✓ BEAT |
Latest News
Shares of companies in the broader semiconductor sector are trading nigher, rebounding after Thursday's weakness. Additionally, stocks across sectors are rising after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term.
📈 PositiveTD Cowen Maintains Buy on Allegro Microsystems, Raises Price Target to $35
📈 PositiveUBS Maintains Buy on Allegro Microsystems, Raises Price Target to $40
📈 PositiveBarclays Maintains Overweight on Allegro Microsystems, Raises Price Target to $35
📈 PositiveEvercore ISI Group Maintains Outperform on Allegro Microsystems, Raises Price Target to $49
📈 PositiveALGM stock has given up its prior gain. Allegro Microsystems shares were trading higher after the company reported Q2 results above estimates and issued Q3 guidance above expectations.
➖ NeutralAllegro MicroSystems soars as Q2 results, guidance top estimates
📈 PositiveAllegro Microsystems shares are trading higher after the company reported Q2 results above estimates and issued Q3 guidance above expectations.
📈 PositiveAllegro Microsystems Sees Q3 Adj EPS $0.12-$0.16 vs $0.14 Est; Sees Sales $215.000M-$225.000M vs $211.544M Est
📈 PositiveAllegro Microsystems Q2 Adj. EPS $0.13 Beats $0.12 Estimate, Sales $214.294M Beat $210.636M Estimate
📈 PositiveUBS Maintains Buy on Allegro Microsystems, Lowers Price Target to $38
📈 PositiveB of A Securities Maintains Buy on Allegro Microsystems, Lowers Price Target to $38
📈 PositiveAllegro MicroSystems leads chip stocks higher after quarterly results
📈 PositiveAllegro MicroSystems falls after Onsemi withdraws offer
📉 NegativeFrequently Asked Questions about ALGM
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