Equites Radar

ALGM · Allegro MicroSystems, Inc.

SemiconductorsUnited StatesAnalyst view: Strong Buy

$46.03

-4.87% last session

End-of-day data · updated 2026-07-28

Neutral2 bullish · 2 bearish technical signals
Consensus: Strong Buy (1.36 from 11 analysts)
To mean target: +22.9%

Market cap

$9B

Enterprise value

$9B

Trailing P/E

Forward P/E

31.3

Dividend yield

Beta

1.90

Avg volume

3M

Employees

4K

2D change

5D change

-6.53%

10D change

0.69%

30D change

-19.16%

60D change

-2.24%

MTD change

-25.95%

YTD change

77.41%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.36
Covering analysts11
Mean price target$56.55
Low price target$48.00
Upside to mean target+22.9%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)40.0
50-day MA$51.30
200-day MA$37.74
Price vs 50-day MA-13.2%
Price vs 200-day MA+18.0%
MACD histogram-0.94
Volume vs 3-month avg0.8×
52w low $22.8052w high $69.62

Analyst sentiment over time — ALGM

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-20

Latest call per bank · past 12 months

Barclays

Equal-Weight

$48.00

+4.3% vs price
Downgrade · 2026-07-20

UBS

Buy

$55.00

+19.5% vs price
▲ raised from $52.00Maintains · 2026-05-08

Wells Fargo

Overweight

$56.00

+21.7% vs price
▲ raised from $48.00Maintains · 2026-05-08

Morgan Stanley

Overweight

$51.00

+10.8% vs price
▲ raised from $0.00Upgrade · 2026-02-13

Jefferies

Buy

$43.00

-6.6% vs price
▲ raised from $37.00Maintains · 2026-01-30

Bank of America

Buy

$39.00

-15.3% vs price
▲ raised from $36.00Maintains · 2026-01-21

Recent rating actions

DateFirmActionRatingPrice target
2026-07-20BarclaysDowngradeOverweightEqual-Weight$48.00
2026-07-13TD CowenMaintainsBuy$70.00 $66.00
2026-06-29MizuhoMaintainsOutperform$54.00 $67.00
2026-06-22TD CowenMaintainsBuy$55.00 $70.00
2026-05-08UBSMaintainsBuy$52.00 $55.00
2026-05-08BarclaysMaintainsOverweight$46.00 $48.00
2026-05-08Wells FargoMaintainsOverweight$48.00 $56.00
2026-05-08Evercore ISI GroupMaintainsOutperform$49.00 $53.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 40 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 13.2% below the 50-day MA ($51.30).
  • Price vs 200-day MA: Trading 18.0% above the 200-day MA ($37.74).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.94) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($22.80) and high ($69.62).

ALGM Price Chart

Loading chart for ALGM

Fundamentals

Revenue (TTM)$1.0B
EBITDA$0M
Free cash flow$0M
Operating cash flow$0M
Book value / share$5.15
Net debt / EBITDA1.3
WACC17.0%
Revenue growth26.00%
Earnings growth

About Allegro MicroSystems, Inc.

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, 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. The company serves automotive and industrial markets, including advanced industrial markets such as AI data centers, robotics, and energy infrastructure sectors. 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.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.