SeekingAlpha · Sep 12, 2026
AL
NASDAQ · ALGM
Allegro MicroSystems, Inc.
Technology · Semiconductors
$36.31
Up+$1.04 (+2.95%)
Updated Sep 14, 2026, 1:35 AM
SID Score
5.3/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 6.76B
- P/E ratio
- -511.26
- Dividend yield
- 0.00%
- 52-week range
- $27.65 – $71.77
- Volume
- 1.85M
- Avg. volume
- 2.92M
Price performance
ALGM price history
1M range · 19 trading sessions · Daily adjusted prices
ALGM closed at $36.31 after 19 trading sessions, down 17.94% for the selected period.
- Last close
- $36.31
- Period change
- -17.94%
- Period low
- $35.27
- Period high
- $44.25
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 11, 2026 | $35.86 | $36.80 | $35.56 | $36.31 | 1.85M |
| Sep 10, 2026 | $34.723 | $35.83 | $34.5456 | $35.27 | 1.59M |
| Sep 9, 2026 | $35.99 | $36.89 | $35.76 | $35.84 | 1.87M |
| Sep 8, 2026 | $37.54 | $37.675 | $36.25 | $36.47 | 2.62M |
| Sep 4, 2026 | $36.18 | $37.28 | $35.975 | $36.61 | 2.51M |
| Sep 3, 2026 | $34.90 | $35.77 | $34.02 | $35.56 | 2.46M |
| Sep 2, 2026 | $35.67 | $36.41 | $35.025 | $35.47 | 1.61M |
| Sep 1, 2026 | $35.39 | $35.76 | $34.50 | $35.47 | 1.68M |
| Aug 31, 2026 | $36.00 | $36.50 | $35.41 | $36.25 | 2.28M |
| Aug 28, 2026 | $37.51 | $37.51 | $35.56 | $35.77 | 2.15M |
| Aug 27, 2026 | $37.80 | $38.26 | $36.845 | $37.59 | 1.68M |
| Aug 26, 2026 | $37.51 | $38.15 | $36.50 | $36.89 | 1.87M |
| Aug 25, 2026 | $36.83 | $37.45 | $36.435 | $37.44 | 2.79M |
| Aug 24, 2026 | $36.15 | $36.59 | $35.34 | $35.63 | 2.13M |
| Aug 21, 2026 | $37.625 | $37.975 | $36.49 | $37.16 | 2.34M |
| Aug 20, 2026 | $38.21 | $38.79 | $36.61 | $37.19 | 2.22M |
| Aug 19, 2026 | $40.00 | $40.30 | $37.49 | $38.35 | 2.5M |
| Aug 18, 2026 | $42.54 | $43.05 | $39.335 | $39.39 | 2.58M |
| Aug 17, 2026 | $45.32 | $46.58 | $44.025 | $44.25 | 1.54M |
Latest ALGM news
The latest Smart Investors Daily articles mentioning ALGM.
Stock researchCompany · Overview
ALGM research
Overview
Company profile and research snapshot.
Company profile
Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $41.33
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 13, 2026 | Benchmark | Buy | — |
| Jul 31, 2026 | TD Cowen | Buy | — |
| Jul 31, 2026 | Morgan Stanley | Overweight | — |
| Jul 31, 2026 | Mizuho | Outperform | — |
| Jul 30, 2026 | Needham | Buy | — |
News briefing
Generated Sep 13, 2026, 9:04 PM
Why Is ALGM Up 2.95% Today?
Allegro MicroSystems is gaining ground today as investors digest multiple growth catalysts identified in recent analysis. The semiconductor company appears to be benefiting from positive sentiment around structural tailwinds in its core markets, though broader market conditions remain mixed.
Bottom line: Allegro MicroSystems is trading higher on the basis of identified structural growth tailwinds, though analyst sentiment remains measured and cautious. Investors should monitor the company's ability to execute on these opportunities while remaining vigilant about broader semiconductor sector cyclicality and valuation metrics.
Yahoo · Sep 10, 2026
Unpacking Q2 Earnings: Allegro MicroSystems (NASDAQ:ALGM) In The Context Of Other Processors and Graphics Chips Stocks
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Allegro MicroSystems (NASDAQ:ALGM) and its peers.
Yahoo · Sep 6, 2026
Allegro MicroSystems (ALGM) Could Be 33% Below Fair Value On Its Growth Narrative
Recent Price Moves Put Allegro MicroSystems In Focus Allegro MicroSystems (ALGM) has caught investor attention after a recent share price move, with the stock last closing at $36.61. The shift comes against a backdrop of mixed short term and longer term returns. That 2.95% 1 day share price gain and 2.35% 7 day share price return come after a sharper reset, with the 30 day share price return down 16.36% and the 90 day share price return down 24.03%. Even so, Allegro MicroSystems still shows a...
Yahoo · Sep 4, 2026
1 High-Flying Stock for Long-Term Investors and 2 Facing Headwinds
“You get what you pay for” often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
AI research layers
Interpretive context generated from the platform’s current data sources.
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