ALGM
$29.95-0.96 (-3.11%)
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.
Recent News
What is Wall Street Saying About Allegro MicroSystems (ALGM)?
Allegro MicroSystems, Inc. (NASDAQ:ALGM) is one of the 11 most oversold semiconductor stocks to buy now. As of March 13, 2026, analyst sentiment on Allegro MicroSystems, Inc. (NASDAQ:ALGM) remains robust, as over 90% of covering analysts remain bullish on the stock. The consensus price target of $45 implies approximately 45% upside. Following the company’s analyst […]
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.
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...
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 […]
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.