Allegro MicroSystems, Inc. (ALGM)
Strength Seen in Allegro MicroSystems (ALGM): Can Its 8.7% Jump Turn into More Strength?
Allegro MicroSystems (ALGM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Allegro MicroSystems: Three Tailwinds, One Stock
Allegro MicroSystems' overexposure to a stagnant automotive segment has limited growth and operating leverage, resulting in a disappointing stock performance over the last 5 years. The expansion of autonomy, AI data centers, and humanoids will serve as a growth accelerant for ALGM, as more of its chips will be needed per product. I am bullish on ALGM and set a price target of $118/share based on management hitting its 3-5 year guidance of mid-teens growth, which will drive operating leverage to 32% margins.
Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
Investors often feel forced to pick between companies that are dependable, with steady returns but fewer opportunities for growth, and those that have strong growth potential but run the risk of volatility. Though rare, there are some firms that exist at the intersection of both stability and potential for returns.
Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?
Here is how Allegro MicroSystems, Inc. (ALGM) and Fortinet (FTNT) have performed compared to their sector so far this year.
ALGM Q1 Earnings Call Highlights AI Data Center Growth
Allegro sees AI data center demand surge, with expanding design wins, backlog growth and content opportunities in electrification and automation.
ALGM Q1 Earnings Beat Estimates on Data Center Strength
Allegro beats Q1'27 estimates as record Data Center sales, stronger bookings and margin gains drive 27.5% revenue growth and a robust Q2 outlook.
Allegro MicroSystems, Inc. (ALGM) Q1 2027 Earnings Call Transcript
Allegro MicroSystems, Inc. (ALGM) Q1 2027 Earnings Call Transcript
Allegro MicroSystems Q1 Earnings Call Highlights
Allegro MicroSystems NASDAQ: ALGM reported first-quarter fiscal 2027 sales of $259 million, exceeding the high end of its guidance range and rising 7% sequentially and 27% from a year earlier. Non-GAAP earnings per share reached $0.23, up 35% sequentially and 156% year over year, as the company cited operating leverage, product mix and early contributions from pricing actions.
Allegro MicroSystems, Inc. (ALGM) Beats Q1 Earnings and Revenue Estimates
Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.09 per share a year ago.
ALGM to Report Q1 Earnings: What's in the Cards for the Stock?
Allegro MicroSystems ALGM is scheduled to report first-quarter fiscal 2027 results on July 30, 2026, after market close.
Is ALGM Stock a Buy After a Big Run and Richer Valuation?
Allegro's revenue rebound, earnings leverage and margin recovery bolster the bull case, but a richer valuation leaves less room for execution missteps.
Allegro MicroSystems Trends Point to Higher Chip Content Ahead
ALGM is gaining from rising chip content in smarter vehicles, AI data centers and robotics, while margin gains could support earnings growth.
