ALGM

$32.06

Post-MarketAs of Mar 17, 8:00 PM UTC

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for motion control and energy-efficient systems.

Historical Price

Price (Line)
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Peer Comparison

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Whystock Valuation Model

Calculated using a trailing P/E relative model adjusted by sector ROE and historical growth.
Current Price$32.06
Potential Upside
5%
Whystock Fair Value$33.66
Price
UndervaluedFair ValueOvervalued

Fundamentals

SectorTechnology
IndustrySemiconductors

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for motion control and energy-efficient systems. Its products include magneti...

Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$5.94B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
High-beta play. Expect amplified moves vs. the broad market.
1.67
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROIC
Average efficiency. Growth may require heavy reinvestment.
-1.36%
Quick Ratio
Pristine liquidity. Sufficient cash to cover all near-term obligations.
1.81

Recent News

StockStory
Feb 26, 2026

Applied Materials, Broadcom, Lam Research, Western Digital, and Allegro MicroSystems Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after the semiconductor sector tumbled as a 'buy the rumor, sell the news' event unfolded around AI-chip leader Nvidia, despite its strong earnings report.

BEARISH
Negative press. News cycle fixated on risk factors or misses.
Simply Wall St.
Feb 24, 2026

Is Allegro MicroSystems (ALGM) Quietly Reframing Its Moat Around Precision Power Sensing?

In February 2026, Allegro MicroSystems introduced the ACS37017 Hall-effect current sensor, completing an expanded portfolio targeting speed, power density, and accuracy for high-voltage applications in AI data centers, electrified vehicles, and clean energy systems. This high-accuracy, factory-calibrated sensor broadens Allegro’s role in enabling more efficient, stable power conversion, reinforcing its relevance in fast-growing, electronics-intensive sectors. Next, we’ll examine how this...

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Insider Monkey
Feb 23, 2026

Needham Raises PT on Allegro MicroSystems, Inc. (ALGM) Stock

Allegro MicroSystems, Inc. (NASDAQ:ALGM) is among the 10 Unstoppable AI Stocks to Invest In Now. Allegro MicroSystems, Inc. (NASDAQ:ALGM) is one of the Unstoppable AI Stocks to Invest In Now. On February 19, Needham lifted its price objective on the company’s stock to $45 from $41, while keeping a “Buy” rating, as reported by The […]

BEARISH
Negative press. News cycle fixated on risk factors or misses.
StockStory
Feb 23, 2026

2 High-Flying Stocks to Target This Week and 1 Facing Headwinds

Expensive stocks often command premium valuations because the market thinks their business models are exceptional. However, the downside is that high expectations are already baked into their prices, leaving little room for error if they stumble even slightly.

BEARISH
Negative press. News cycle fixated on risk factors or misses.
TipRanks
Feb 19, 2026

Morgan Stanley Says These 2 Momentum Stocks Could Climb Even Higher

Investors are often drawn to stocks that are already outperforming. Even though the familiar caveat reminds us that historical returns don’t ensure future gains, sustained rallies tend to attract capital. That dynamic underpins momentum investing. The strategy can be effective when price strength reflects solid fundamentals – companies operating in attractive markets, generating healthy profits, and executing against durable business models. In such cases, upward trends are not just technical pa

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.