Stock of the Day for October 1, 2024

Allegro MicroSystems Stock Report

Allegro MicroSystems
ALGM 90-day performance NASDAQ:ALGM Allegro MicroSystems
Current Price
$31.41
-2.46 (-7.26%)
(As of 04:00 PM ET)
30 Day Performance
-8.69%
  
  
90 Day Performance
60.66%
  
 
1 Year Performance
30.66%
  
 
Market Capitalization
$5.81B
Price Target
$33.63
Net Income
-$73.01M
Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.

ALGM Company Calendar

JUL. 31, 2025
Today
JUL. 31, 2025
Last Earnings
JUL. 31, 2025
Next Earnings (Estimated)
MAR. 31, 2026
Fiscal Year End

Recent Allegro MicroSystems News

Allegro MicroSystems, Inc. (ALGM) Q1 2026 Earnings Call Transcript
Allegro MicroSystems Reports First Quarter 2026 Results
This report was written on July 31, 2025. This report first appeared on MarketBeat.com.