Semiconductors

Allegro Microsystems

Allegro MicroSystems CEO Michael Doogue Sells 30k Shares for $1.42M

Allegro Reports 26% Quarterly Revenue Growth and Optimistic Guidance for Q1

Allegro Microsystems released FY2026 annual earnings on May 7 Pre-Market (EST), actual revenue USD 890.1 M (forecast USD 882.88 M), actual EPS USD -0.0805 (forecast USD 0.0696)

Allegro Microsystems released FY2026 Q4 earnings on May 7 Pre-Market EST, actual revenue USD 243.19 M (forecast USD 235.94 M), actual EPS USD -0.0899 (forecast USD 0.0526)

Allegro Microsystems to Release FY2026 Q4 Earnings on May 7, Pre-Market EST; Forecast Revenue USD 235.94 M, EPS USD 0.0526

Allegro Microsystems released FY2026 9 Months Earnings on January 29 Pre-Market EST, with actual revenue of USD 646.91 M and EPS of USD -0.0016

Allegro Microsystems released FY2026 Q3 earnings on January 29 Pre-Market (EST), actual revenue USD 229.21 M (forecast USD 220.87 M), actual EPS USD 0.0399 (forecast USD 0.05)

Allegro Microsystems to Release FY2026 Q3 Earnings on January 29, Pre-Market EST; Forecast Revenue USD 220.87 M, EPS USD 0.05

Allegro Microsystems Inc Secures $285 Million Term Loan

Allegro MicroSystems Secures $285 Million Term Loan for Refinancing

Allegro Launches AHV85003/AHV85043 Chipset to Enhance AI Data Center and EV Power Solutions

Allegro MicroSystems Launches ACS37200 Ultra-Low Loss Current Sensor

Evercore ISI Raises Allegro MicroSystems Target Price to $49

Rakesh's Covered Tech Stocks Receive Analyst Ratings

Quinn Bolton Rates Allegro MicroSystems as Buy

Allegro Microsystems released FY2026 Q2 earnings on October 30 Pre-Market (EST), actual revenue USD 214.29 M (forecast USD 210.74 M), actual EPS USD 0.03 (forecast USD 0.0452)

Allegro Microsystems released FY2026 Semi-Annual Earnings on October 30 Pre-Market (EST), actual revenue USD 417.7 M, actual EPS USD -0.04

Allegro MicroSystems Reports Beat-Estimates Earnings; Shares Rise in Pre-Market

Allegro Microsystems to Release FY2026 Q2 Earnings on October 30, 2025 Pre-Market EST, Forecast Revenue USD 210.74 M, EPS USD 0.0452

Allegro Microsystems Inc. CA Disposes of Common Stock

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Allegro MicroSystems CEO Michael Doogue sold 30,089 shares of the company's stock at an average price of $47.23, totaling $1,421,103.47. This sale reduced his holdings by 10.64%, leaving him with 252,797 shares valued at approximately $11.94 million. The transaction was disclosed in a SEC filing. Allegro's stock has a market cap of $8.52 billion and a P/E ratio of -510.72. Analysts have given the stock a consensus rating of "Moderate Buy" with an average price target of $51.80.

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Michael Doogue Sells 30,089 Shares of Allegro MicroSystems (NASDAQ:ALGM) Stock

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Allegro MicroSystems has appointed Robert J. Willett as an independent Class III director, expanding its board to ten members. Willett, a former CEO of Cognex, will enhance the company's governance and expertise in sectors like automotive electrification and AI. This change follows the decision of directors Susan D. Lynch and Richard R. Lury not to seek reelection. Allegro's stock (ALGM) is rated as a Buy with a target price of $48.00, supported by strong financial momentum and a solid balance sheet, despite some valuation concerns.

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Allegro MicroSystems Strengthens Board with New Independent Director

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U.S. stocks rose on Friday, with the Nasdaq gaining over 400 points after a positive jobs report. The Nasdaq increased by 4.5%, S&P 500 by 2.3%, and Dow by 0.2% for the week. Analysts from Benzinga highlighted five top stock picks based on accuracy: Asiya Merchant (Citigroup) on CDW, Timothy Arcuri (UBS) on Allegro MicroSystems, William Stein (Truist) on Microchip Technology, Atif Malik (Citigroup) on Qorvo, and Srini Pajjuri (RBC) on Arm Holdings. Each analyst provided updated ratings and price targets, indicating potential stock growth.

- U.S. stocks closed higher on Friday, with the Nasdaq Composite rising over 400 points following a positive jobs report for April.  
- The Nasdaq gained 4.5% and the S&P 500 increased by 2.3% for the week, while the Dow rose by 0.2%.  
- Benzinga's Analyst Ratings API offers insights from top analysts, highlighting their recent stock picks and ratings accuracy, which can aid investors in navigating market predictions.

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5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

Analyst Joshua Buchalter from TD Cowen has raised the price target for Allegro MicroSystems from $45 to $55, maintaining a Buy rating. He cites the company's structural growth, expanding auto and data center content, and cost efficiencies as key factors for this increase. Buchalter believes these elements will support margin expansion and drive growth into FY27–FY28. Jefferies also supports the stock with a Buy rating and a $62 price target.

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Analyst Boosts Allegro MicroSystems Price Target to $55, Citing Structural Growth and Margin Upside

Needham & Company LLC has raised its price target for Allegro MicroSystems (NASDAQ:ALGM) from $45.00 to $55.00, maintaining a "buy" rating. This new target suggests a potential upside of 14.75% from the current price. Other analysts have also upgraded their ratings, with a consensus rating of "Moderate Buy" and an average price target of $46.00. Allegro MicroSystems reported a quarterly revenue of $243.19 million, exceeding estimates, and has set its Q1 2027 guidance at 0.190-0.230 EPS.

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Allegro MicroSystems (NASDAQ:ALGM) Given New $55.00 Price Target at Needham & Company LLC

Allegro MicroSystems beat Wall Street's targets for its fiscal fourth quarter and with its outlook for the current period.

Allegro MicroSystems stock falls despite beat-and-raise earnings report

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Allegro MicroSystems (ALGM) is set to report Q1 earnings this Thursday. Last quarter, it exceeded revenue expectations with $229.2 million, a 28.9% year-on-year increase. Analysts expect a 22.2% revenue growth this quarter. The company has a strong track record of meeting revenue estimates. Peers like Lattice Semiconductor and Intel have shown positive results, contributing to a favorable sentiment in the sector. Allegro's stock has risen 53.2% recently, with an average analyst price target of $46.75 against a current price of $50.28.

- Allegro MicroSystems will report earnings on Thursday, anticipating a 22.2% year-on-year revenue growth following last quarter's performance of $229.2 million, up 28.9%.  
- Analysts have maintained their revenue estimates, indicating confidence in the company's ability to meet expectations, as seen with its peers, Lattice Semiconductor and Intel, who recently exceeded their revenue targets.  
- Allegro shares have increased by 53.2% over the past month, with an average analyst price target of $46.75 compared to the current price of $50.28.

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Allegro MicroSystems (ALGM) Reports Q1: Everything You Need To Know Ahead Of Earnings

Allegro Microsystems(ALGM.US)