--- title: "Allegro MicroSystems (ALGM) to Announce Quarterly Earnings on Thursday" type: "News" locale: "en" url: "https://longbridge.com/en/news/293582933.md" description: "Allegro MicroSystems (ALGM) will report Q1 2027 earnings before the market opens on July 30. Analysts expect EPS of $0.21 and revenue of $251.49 million, within the company's guidance of $0.19-$0.23. Recent insider sales include transactions by CAO Roald Graham Webster and CEO Michael Doogue. Meanwhile, several hedge funds increased their positions in the fourth quarter, and analysts have issued upgrades, with Wall Street Zen raising its rating to 'buy'." datetime: "2026-07-23T08:41:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293582933.md) - [en](https://longbridge.com/en/news/293582933.md) - [zh-HK](https://longbridge.com/zh-HK/news/293582933.md) --- # Allegro MicroSystems (ALGM) to Announce Quarterly Earnings on Thursday Allegro MicroSystems (NASDAQ:ALGM - Get Free Report) is expected to be issuing its Q1 2027 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $251.4940 million for the quarter. Allegro MicroSystems has set its Q1 2027 guidance at 0.190-0.230 EPS. Investors can check the company's upcoming Q1 2027 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET. Get **Allegro MicroSystems** alerts: - Why These 3 Automotive & Industrial Chip Stocks Just Soared Allegro MicroSystems (NASDAQ:ALGM - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company had revenue of $243.19 million for the quarter, compared to analyst estimates of $235.94 million. Allegro MicroSystems had a negative net margin of 1.67% and a positive return on equity of 6.09%. The business's revenue for the quarter was up 26.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 earnings per share. On average, analysts expect Allegro MicroSystems to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year. ## Allegro MicroSystems Price Performance ALGM stock opened at $49.87 on Thursday. The business's 50-day moving average is $51.69 and its two-hundred day moving average is $41.95. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.45 and a quick ratio of 2.21. The firm has a market capitalization of $9.29 billion, a P/E ratio of -554.05 and a beta of 1.90. Allegro MicroSystems has a 1 year low of $22.41 and a 1 year high of $71.77. ## Insiders Place Their Bets - Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops In related news, CAO Roald Graham Webster sold 5,217 shares of Allegro MicroSystems stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $44.88, for a total value of $234,138.96. Following the sale, the chief accounting officer directly owned 13,106 shares in the company, valued at $588,197.28. The trade was a 28.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael Doogue sold 30,089 shares of the company's stock in a transaction on Monday, May 11th. The stock was sold at an average price of $47.23, for a total transaction of $1,421,103.47. Following the transaction, the chief executive officer directly owned 252,797 shares in the company, valued at approximately $11,939,602.31. This trade represents a 10.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 68,607 shares of company stock worth $3,213,714. Corporate insiders own 0.50% of the company's stock. ## Hedge Funds Weigh In On Allegro MicroSystems Several hedge funds have recently bought and sold shares of ALGM. Kestra Advisory Services LLC acquired a new position in Allegro MicroSystems in the 4th quarter valued at $34,000. CIBC Private Wealth Group LLC grew its position in shares of Allegro MicroSystems by 14,844.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,345 shares of the company's stock valued at $35,000 after purchasing an additional 1,336 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Allegro MicroSystems by 85.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,449 shares of the company's stock valued at $38,000 after purchasing an additional 669 shares during the last quarter. Federation des caisses Desjardins du Quebec purchased a new position in Allegro MicroSystems during the fourth quarter worth about $57,000. Finally, NewEdge Advisors LLC lifted its position in Allegro MicroSystems by 12,315.0% during the third quarter. NewEdge Advisors LLC now owns 2,483 shares of the company's stock worth $73,000 after buying an additional 2,463 shares during the period. Hedge funds and other institutional investors own 56.45% of the company's stock. ## Analyst Upgrades and Downgrades - Better Than NVIDIA: Top 2 Semiconductor Stocks to Watch Today ALGM has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Allegro MicroSystems from a "hold" rating to a "buy" rating in a research report on Sunday, June 21st. Evercore reissued an "outperform" rating and issued a $53.00 price target on shares of Allegro MicroSystems in a research report on Friday, May 8th. Needham & Company LLC upped their price objective on shares of Allegro MicroSystems from $45.00 to $55.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Mizuho raised their price objective on Allegro MicroSystems from $54.00 to $67.00 and gave the stock an "outperform" rating in a report on Monday, June 29th. Finally, Wells Fargo & Company lifted their target price on Allegro MicroSystems from $48.00 to $56.00 and gave the stock an "overweight" rating in a research report on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $55.20. **Read Our Latest Stock Analysis on ALGM** ## Allegro MicroSystems Company Profile (Get Free Report) Allegro MicroSystems, Inc NASDAQ: ALGM is a leading designer and manufacturer of high-performance power and sensing integrated circuits. The company focuses on semiconductor solutions that enable precise motion control, energy-efficient power management and robust sensing in a wide range of applications. Allegro's product portfolio includes Hall-effect magnetic sensors, current and position sensing ICs, motor driver and controller devices, and power management components. Allegro MicroSystems serves major automotive, industrial and consumer markets worldwide. ## Further Reading - Five stocks we like better than Allegro MicroSystems - Could Truth API Become Trump Media’s First Meaningful Revenue Driver? - Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying - Moog Is More Than a Missile Maker, and Wall Street Is Noticing - A Boring Dividend Growth Strategy Becomes a Solid Defensive Play _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Allegro MicroSystems Right Now? 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