ALGM

Allegro MicroSystems Inc. Common Stock (ALGM)

Stock · NASDAQ · Technology

$31.62as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 6, 2026

RBC initiates coverage on ALGM with Outperform rating. RBC Capital began tracking Allegro MicroSystems with an Outperform rating and a $50 price target, citing gains in data center and automotive content. This analyst action contributed to a recent 8.7% jump in the stock. The company continues to focus on magnetic sensor innovation to support its position in the automotive market.

Active signals

Resistance level
$35.54
Industry
Semiconductors

What ALGM's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike40+1.7%55%
Bollinger Band Breakout21+7.2%67%
Bollinger Band Breakdown17-5.7%47%
200-Day Moving Average TouchActive now10+2.0%50%
Any 20-session window (baseline)+0.9%52%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About ALGM

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 moto…

Sector
Technology
Industry
Semiconductors
Employees
4,250

Fundamentals

1-day range
$31.43$32.96
Market cap
$7.91B
P/E (trailing)
424.76
P/E (forward)
21.38
EPS (trailing)
$0.08
Dividend yield
—
Beta
2.02
Avg. volume
2.42M
52-week range
$22.41$71.77
Next earnings: October 29, 2026 · EPS estimate $0.24confirmed

How Allegro MicroSystems Inc. Common Stock Makes Money

Where the revenue actually goes — FY2026 annual results

market-wall.comTotalRevenue$890.10MCost of Revenue$478.13M (54%)R&D$205.80M (23%)SG&A$181.09M (20%)Other$25.08M (3%)ALGM

Source: 10-K filed May 21, 2026 · via SEC EDGAR / Finnhub

Gross Profit$411.97M(46%)
Operating Income$18.49M(2%)

Forecasts

12 analyst ratings

Buy 89%
Hold 11%
Sell 0%
1-year price forecast
High
$62
+96.1%
Median
$54.5
+72.4%
Low
$48
+51.8%

Allegro MicroSystems Inc. Common Stock Competitors

Chosen by industry and closest market cap.

  • ALGM
    Allegro MicroSystems Inc. Common Stock
    $31.62
    ▼ 2.29%
    Market cap $7.91BP/E 424.76
    $22.41$71.77
  • FORM
    FormFactor Inc. FormFactor Inc. Common Stock
    $105.01
    ▼ 7.35%
    Market cap $9.00BP/E 82.40
    $38.12$160.27
  • SIMO
    Silicon Motion Technology Corporation American Depositary Shares
    $211.3
    ▼ 3.25%
    Market cap $9.07BP/E 25.55
    $79.76$355
  • MXL
    MaxLinear Inc. Common Stock
    $71.32
    ▼ 8.77%
    Market cap $6.37BP/E —
    $12.77$128.3
  • VIAV
    Viavi Solutions Inc. Common Stock
    $33.38
    ▼ 9.34%
    Market cap $9.49BP/E —
    $12.43$60.43
  • CRUS
    Cirrus Logic Inc. Common Stock
    $107.87
    ▼ 0.49%
    Market cap $6.23BP/E 12.72
    $105.77$180.42
  • AAOI
    Applied Optoelectronics Inc. Common Stock
    $75.57
    ▼ 9.75%
    Market cap $9.97BP/E —
    $18.5$233.67

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
31.0K
Disposed
20.6K

Institutional Ownership

March 31, 2026

Total shares held
121.00M
Total value held
$3.72B
Institutional holders
310
Top holders this quarter
  • Unknown27.42M
  • Unknown12.49M
  • Unknown12.44M
  • Unknown8.75M
  • Unknown5.46M
  • Unknown5.23M
  • Unknown2.86M
  • Unknown2.46M
  • Unknown2.28M
  • Unknown2.17M

See the full, filterable feed with live charts on the MarketWall dashboard.

We use analytics to understand how market-wall is used. No personal data is sold.