Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.07 per share a year ago.
Allegro Microsystems experienced a surge of +11% after two press releases announced new power-sensing and gate-driver solutions for EVs and AI data centers. This move was significant, gapping up and maintaining its gains on slightly above-average volume, indicating controlled accumulation.
Allegro MicroSystems (ALGM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Allegro MicroSystems, Inc. (ALGM) Presents at 53rd Annual Nasdaq Investor Conference Transcript
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The mean of analysts' price targets for Allegro MicroSystems (ALGM) points to a 33.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Allegro MicroSystems, Inc. ( ALGM ) Q2 2026 Earnings Call October 30, 2025 8:30 AM EDT Company Participants Jalene Hoover - Vice President of IR & Corporate Communications Michael Doogue - President, CEO & Director Derek D'Antilio - Executive VP, CFO & Treasurer Conference Call Participants Joseph Quatrochi - Wells Fargo Securities, LLC, Research Division Vivek Arya - BofA Securities, Research Division Gary Mobley - Loop Capital Markets LLC, Research Division Thomas O'Malley - Barclays Bank PLC, Research Division Christopher Caso - Wolfe Research, LLC Blayne Curtis - Jefferies LLC, Research Division Quinn Bolton - Needham & Company, LLC, Research Division Joshua Buchalter - TD Cowen, Research Division Vijay Rakesh - Mizuho Securities USA LLC, Research Division Joseph Moore - Morgan Stanley, Research Division Timothy Arcuri - UBS Investment Bank, Research Division Mark Lipacis - Evercore ISI Institutional Equities, Research Division Presentation Operator Good morning, and welcome to Allegro MicroSystems Second Quarter Fiscal Year 2026 Earnings Conference Call. Please be advised that today's conference is being recorded.
Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.08 per share a year ago.
Allegro MicroSystems is entering a new growth cycle, driven by recovery in Automotive and Industrial & Other segments and global diversification. U.S. reindustrialization, trade deals, and clean energy policies are expected to boost ALGM's Industrial & Other business, particularly in industrial automation & robotics and renewables. Financially, ALGM is strengthening its balance sheet, reducing debt, and improving inventory management, positioning for future R&D and M&A investments.
Here is how Allegro MicroSystems, Inc. (ALGM) and Axcelis Technologies (ACLS) have performed compared to their sector so far this year.
Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q1 2026 Earnings Conference Call July 31, 2025 8:30 AM ET Company Participants Derek P. D'Antilio - Executive VP, CFO & Treasurer Jalene A.
Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.03 per share a year ago.