ALGM

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Allegro MicroSystems (ALGM) is drawing fresh attention as investors weigh a stronger margin story, accelerating exposure to electric vehicles, AI data centers, and robotics, and an upcoming quarterly earnings release that could update this multi segment narrative. See our latest analysis for Allegro MicroSystems. Allegro MicroSystems shares have pulled back in the last session, with a 1 day share price return of 4.37% lower. Momentum over the past month and quarter remains strong, reflected in a 30 day share price return of 23.19% and a 90 day share price return of 46.32%, alongside a 1 year total shareholder return of 49.27% that points to meaningful gains over a longer window. If Allegro MicroSystems’ recent move has you thinking more broadly about semiconductors and automation, it could be a good time to scan 30 robotics and automation stocks Bulls argue that Allegro MicroSystems’ rebound, margin focus, and expanding exposure to EVs, AI data centers, and robotics justify a richer multiple, while bears point to a thinner margin of safety after the rally. Which side do the numbers support next? The most followed Allegro MicroSystems narrative pegs fair value at $54.42, which sits slightly below the last close of $54.87, framing a tight valuation gap. Read the complete narrative. Curious what kind of revenue build, margin lift, and future earnings profile have to line up to support that fair value and beyond? The narrative leans on a specific growth path, improving profitability, and a richer earnings multiple. These are all quantified in detail, but the key hinges are not obvious from the headline numbers alone. Result: Fair Value of $54.42 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Allegro MicroSystems’ reliance on automotive demand and rising competition in China could pressure growth and margins, and ultimately challenge the current fair value narrative. Find out about the key risks to this Allegro MicroSystems narrative. With Allegro MicroSystems drawing both optimism and caution, this is a good moment to act quickly, review the full picture, and weigh the 1 key reward and 2 important warning signs for yourself through the 1 key reward and 2 important warning signs If Allegro MicroSystems...

MANCHESTER, N.H., July 09, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2027 prior to the market open on Thursday, July 30, 2026. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D’Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company’s results and business outlook. Analysts and investors are invited to join the conference call using the following information: First Quarter Fiscal Year 2027 Earnings Conference CallDate: Thursday, July 30, 2026Time: 8:30 a.m. ETLive Webcast Link: Click Here Dial-in Participant Registration Link: Click Here Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call. A live and archived audio webcast of the conference call will also be accessible for at least 90 days on the Company’s website at www.allegromicro.com/investors in the Events & Presentations section. About Allegro MicroSystems Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel electrification, automation, AI data center, and robotics forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in "automotive-grade" technology and a partner in our customers' success. For additional information, visit https://www.allegromicro.com/en/. Contact: Jalene Hoover VP of IR & Corporate CommunicationsPhone: +1 512 751 [email protected]

As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Allegro MicroSystems (NASDAQ:ALGM) and its peers. The biggest demand drivers for processors (CPUs) and graphics chips at the moment are secular trends related to 5G and Internet of Things, autonomous driving, and high performance computing in the data center space, specifically around AI and machine learning. Like all semiconductor companies, digital chip makers exhibit a degree of cyclicality, driven by supply and demand imbalances and exposure to PC and Smartphone product cycles. The 9 processors and graphics chips stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.9% while next quarter’s revenue guidance was 4.2% above. Luckily, processors and graphics chips stocks have performed well with share prices up 43.7% on average since the latest earnings results. The result of a spinoff from Sanken in Japan, Allegro MicroSystems (NASDAQ:ALGM) is a designer of power management chips and distance sensors used in electric vehicles and data centers. Allegro MicroSystems reported revenues of $243.2 million, up 26.1% year on year. This print exceeded analysts’ expectations by 3.2%. Despite the top-line beat, it was still a mixed quarter for the company with a decent beat of analysts’ operating income estimates but a significant miss of analysts’ EPS estimates. “We finished fiscal year 2026 with strong momentum, delivering a fifth consecutive quarter of sales growth at $243 million. Non-GAAP EPS nearly tripled year-over-year to $0.17. For the full year, sales grew 23% to $890 million and non-GAAP EPS more than doubled to $0.54. These results reflect strength in Focus Auto sales - including xEV and ADAS – and Data Center, which reached a record 14% of total Q4 sales,” said Mike Doogue, President and CEO of Allegro MicroSystems. Interestingly, the stock is up 14.3% since reporting and currently trades at $58.73. Is now the time to buy Allegro MicroSystems? Access our full analysis of the earnings results here, it’s free. A global leader in its category, Lattice Semiconductor (NASDAQ:LSCC) is a semiconductor designer specializing in customer-programmable chips that enhance CPU performance for intensive tasks such as machine learning. Lattice Semiconducto...

What a time it’s been for Allegro MicroSystems. In the past six months alone, the company’s stock price has increased by a massive 85.6%, reaching $49.53 per share. This performance may have investors wondering how to approach the situation. Is now the time to buy Allegro MicroSystems, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it’s free. We’re glad investors have benefited from the price increase, but we’re swiping left on Allegro MicroSystems for now. Here are three reasons you should be careful with ALGM, plus one stock we’d rather own. Long-term growth is the most important, but short-term results matter for semiconductors because the rapid pace of technological innovation (Moore’s Law) could make yesterday’s hit product obsolete today. Allegro MicroSystems’s recent performance marks a sharp pivot from its five-year trend as its revenue has shown annualized declines of 7.9% over the last two years. Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals. Allegro MicroSystems was roughly breakeven when averaging the last two years of quarterly operating profits, lousy for a semiconductor business. This result isn’t too surprising given its low gross margin as a starting point. We track the long-term change in earnings per share (EPS) because it highlights whether a company’s growth is profitable. Sadly for Allegro MicroSystems, its EPS declined by 15.8% annually over the last five years while its revenue grew by 8.5%. This tells us the company became less profitable on a per-share basis as it expanded. Allegro MicroSystems isn’t a terrible business, but it doesn’t pass our bar. After the recent surge, the stock trades at 51.8× forward P/E (or $49.53 per share). At this valuation, there’s a lot of good news priced in - you can find more timely opportunities elsewhere. We’d recommend looking at the most entrenched endpoint security platform on the market. ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively. Find out which 5 stocks it’s flag...

Allegro MicroSystems, Inc. (NASDAQ:ALGM) is one of the best semiconductor stocks with the highest upside potential right now. Evercore ISI lifted the price target on Allegro MicroSystems, Inc. (NASDAQ:ALGM) to $53 from $49 on May 8, maintaining an Outperform rating on the shares. The rating update came after Allegro MicroSystems, Inc. (NASDAQ:ALGM) announced financial results for its fourth quarter and full fiscal year ended March 27, 2026. The company finished fiscal year 2026 with solid momentum, delivering a fifth consecutive quarter of sales growth at $243 million. Management reported that on-GAAP EPS nearly tripled year-over-year to $0.17, while sales for the full year grew 23% to $890 million and non-GAAP EPS more than doubled to $0.54. Mike Doogue, President and CEO of Allegro MicroSystems, Inc. (NASDAQ:ALGM) stated that the results show strength in Focus Auto sales, including xEV and ADAS, and Data Center, which reached a record 14% of total Q4 sales, adding that the company is seeing demand trends supporting continued growth as it enters fiscal 2027. Allegro MicroSystems, Inc. (NASDAQ:ALGM) remains confident in its ability to execute towards its target financial model. Allegro MicroSystems, Inc. (NASDAQ:ALGM) develops and manufactures sensor integrated circuits and application-specific analog power ICs. While we acknowledge the potential of ALGM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow. Disclosure: None. Follow Insider Monkey on Google News.

Allegro MicroSystems’ first quarter results drew a negative market reaction as investors weighed strong double-digit revenue growth against a significant miss on non-GAAP earnings per share and weaker-than-expected profitability margins. Management cited robust demand in industrial and automotive end markets, particularly highlighting momentum in data center and electric vehicle applications. CEO Michael Doogue pointed to design wins in robotics and high-voltage powertrain systems as key drivers, but acknowledged persistent cost pressures in materials and manufacturing. Is now the time to buy ALGM? Find out in our full research report (it’s free). Revenue: $243.2 million vs analyst estimates of $235.5 million (26.1% year-on-year growth, 3.2% beat) EPS (GAAP): -$0.09 vs analyst estimates of $0.05 (significant miss) Adjusted EBITDA: $49.69 million vs analyst estimates of $55.43 million (20.4% margin, 10.4% miss) Revenue Guidance for Q2 CY2026 is $250 million at the midpoint, above analyst estimates of $245.4 million EPS (GAAP) guidance for Q2 CY2026 is $0.21 at the midpoint, beating analyst estimates by 129% Operating Margin: 2.2%, up from -6.8% in the same quarter last year Inventory Days Outstanding: 129, down from 133 in the previous quarter Market Capitalization: $8.52 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Gary Mobley (Loop Capital) asked for detail on what drove the multiyear-high backlog and changes in revenue key performance indicators. CEO Michael Doogue pointed to strong design win momentum and a healthy pipeline in both automotive and industrial markets, especially data centers. Neil Young (Needham & Company) pressed management on the durability of data center growth and the mix between fan drivers and new current sensor opportunities. Doogue explained that while fan drivers remain the core, current sensors are ramping quickly and isolated gate drivers are expected to contribute meaningfully in the next 18 to 24 months. Timothy Arcuri (UBS) questioned gross margin guidance and the path to long-term targets. CFO Derek D’Antilio highlighted operating leverage and the gold-to-copper conversion...

Allegro MicroSystems beat Wall Street's targets for its fiscal fourth quarter and with its outlook for the current period.

Image source: The Motley Fool. Thursday, May 7, 2026 at 8:30 a.m. ET President and Chief Executive Officer — Michael Doogue Chief Financial Officer — Derek D'Antilio Director of Investor Relations — Jalene Hoover Need a quote from a Motley Fool analyst? Email [email protected] Jalene Hoover: Thank you, Alliah. Good morning, and thank you for joining us today to discuss Allegro's fiscal fourth quarter and full fiscal year 2026 results. I'm joined today by Allegro's President and Chief Executive Officer, Mike Doogue; and Allegro's Chief Financial Officer, Derek D'Antilio. They will provide highlights of our business, review our fourth quarter and full fiscal year 2026 financial results and share our first quarter outlook. We will follow our prepared remarks with a Q&A session. Today's call includes remarks about future expectations, plans and prospects, which are forward-looking statements. Such statements are based on current expectations and assumptions as of today's date and are subject to risks and uncertainties that could cause actual results and events to differ materially from those anticipated or projected on today's call. The company assumes no obligation to update these statements, except as required by law. For a discussion of these risks and uncertainties, please refer to today's press release and the risk factors contained in our periodic filings with the SEC. Additionally, we will refer to non-GAAP financial measures during today's call. Today's earnings press release, which is available on the Investor Relations page of our website at www.alllegromicro.com, contains important information about our non-GAAP financial presentation and also includes reconciliations of our non-GAAP financial measures to the most directly comparable GAAP measures. This call is also being webcast, and a replay will be available in the Events and Presentations section of our IR page shortly. It is now my pleasure to turn the call over to Allegro's President and CEO, Mike Doogue. Mike? Michael Doogue: Thank you very much, Jalene, and good morning. Thank you all for joining our fourth quarter and full fiscal year 2026 earnings call. We finished fiscal year 2026 with strong momentum, delivering a fifth consecutive quarter of sales growth at $243 million. Fourth quarter EPS was $0.17, nearly tripling year-over-year. FY '26 sales increased by 23% year-over-year to $890 million an...

Performance was driven by a 30% increase in focused automotive sales, specifically xEV and ADAS, alongside record data center growth which reached 14% of total sales. Management attributes automotive growth to content expansion in steering, braking, and high-voltage traction inverters, outperforming the market despite recent inventory digestion. Data center growth is shifting from cooling fan drivers to high-speed current sensors as AI racks transition from 15 kilowatts to 1 megawatt power consumption. Strategic positioning in robotics and automation resulted in sales doubling year-over-year, supported by design wins in humanoid robotic joints requiring high-precision motor control. The company is leveraging its #1 position in magnetic sensing to drive a 2 to 3x content uplift in steer-by-wire systems and high-voltage data center architectures. Gross margin improvements were achieved through factory efficiencies and operating leverage, which successfully offset a 200 basis point headwind from rising gold costs. Management expects fiscal 2027 data center growth to remain well above 20%, driven by the proliferation of fans into power supplies and the ramp of current sensors. The company anticipates maintaining an automotive growth rate of 7% to 10% above SAAR, supported by a total company backlog currently at a multiyear high. Gross margin targets of 50% to 51% for Q1 assume a 70% drop-through rate, typical for the first quarter following annual price negotiations. Strategic R&D is focused on TMR sensors and isolated gate drivers, which are expected to provide a 2 to 3x dollar content uplift in 800-volt xEV platforms. Management plans to implement select price increases and surcharges starting at the end of Q1 to mitigate ongoing commodity and fuel cost pressures. Rising gold prices represented a significant 200 basis point headwind to gross margins in fiscal 2026, prompting a strategic shift from gold to copper wiring. Geopolitical factors and fuel costs are cited as emerging headwinds, leading to the introduction of nuanced price surcharges to protect profitability. The transition to liquid cooling in data centers is noted as a shift in fan demand, though management expects power supply fan growth to offset the loss of GPU cooling fans. Inventory levels in the automotive sector remain thin with no broad signs of restocking, though the company is building cap...

Fourth Quarter Sales Increased by 26% Year-over-Year to $243 Million Fiscal Year 2026 Sales Increased by 23% Year-over-Year to $890 Million MANCHESTER, N.H., May 07, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its fourth quarter and full fiscal year ended March 27, 2026. “We finished fiscal year 2026 with strong momentum, delivering a fifth consecutive quarter of sales growth at $243 million. Non-GAAP EPS nearly tripled year-over-year to $0.17. For the full year, sales grew 23% to $890 million and non-GAAP EPS more than doubled to $0.54. These results reflect strength in Focus Auto sales - including xEV and ADAS – and Data Center, which reached a record 14% of total Q4 sales,” said Mike Doogue, President and CEO of Allegro MicroSystems. “As we enter fiscal 2027, we see demand trends that support continued growth, and remain confident in our ability to execute towards our target financial model.” Fourth Quarter and Full Fiscal Year 2026 Financial Highlights: Business Outlook For the first quarter of fiscal year 2027 ending June 26, 2026, the Company expects total net sales to be in the range of $245 million to $255 million. At the midpoint of this range, it implies growth in net sales of 23% year-over-year. The Company also estimates the following results on a non-GAAP basis: Gross Margin is expected to be between 50% and 51%, Operating expenses are expected to be $80 million, plus or minus $2 million, and Diluted Earnings per Share is expected to be between $0.19 and $0.23. Allegro has not provided a reconciliation of its first fiscal quarter outlook for non-GAAP Gross Margin, non-GAAP Operating Expenses, and non-GAAP Diluted Earnings per Share because estimates of all of the reconciling items cannot be provided without unreasonable efforts. It is difficult to reasonably provide a forward-looking estimate between such forward-looking non-GAAP measures and the comparable forward-looking U.S. generally accepted accounting principles (“GAAP”) measures. Certain factors that are materially significant to Allegro’s ability to estimate these items are out of its control and/or cannot be reasonably predicted. Earnings Webcast A webcast will be held on Thursday, May 7,...

Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.10%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.15, delivering a surprise of +7.14%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Allegro MicroSystems, which belongs to the Zacks Electronics - Semiconductors industry, posted revenues of $243.19 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.93%. This compares to year-ago revenues of $192.82 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Allegro MicroSystems shares have added about 94.7% since the beginning of the year versus the S&P 500's gain of 7.6%. While Allegro MicroSystems has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Allegro MicroSystems was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can...

Interested in Allegro MicroSystems, Inc.? Here are five stocks we like better. Strong fiscal performance: Allegro reported its "5th consecutive quarter of sales growth" with Q4 revenue of $243 million and non-GAAP EPS of $0.17 (nearly triple YoY), while fiscal 2026 revenue rose 23% to $890 million and EPS more than doubled to $0.54, with gross margins around 49–50% and record free cash flow of $125 million. Data center is a fast-growing pillar: Data center revenue more than quadrupled in FY26, reached a record 14% of Q4 sales, and management expects long-term data center growth "well north of 20%" as content per AI rack expands and demand for fan drivers and high-speed current sensors accelerates. Automotive remains the core growth engine: Automotive accounted for 71% of sales ($629 million) with "focus auto" (xEV and ADAS) up 30% to $349 million driven by content expansion and share gains, and management expects continued outperformance versus auto production amid still-thin inventories and no material shortages on orders. Why These 3 Automotive & Industrial Chip Stocks Just Soared Allegro MicroSystems (NASDAQ:ALGM) reported fiscal fourth-quarter and full-year 2026 results that management said reflected continued momentum across both automotive and industrial end markets, highlighted by record data center contributions and expanding content opportunities in next-generation power and sensing applications. President and CEO Mike Doogue said the company delivered its “5th consecutive quarter of sales growth” with fourth-quarter revenue of $243 million. Non-GAAP EPS for the quarter was $0.17, which Doogue said was “nearly tripling year-over-year.” → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops Chief Financial Officer Derek D’Antilio detailed that Q4 sales increased 6% sequentially and 26% year-over-year. Non-GAAP gross margin was 50%, operating margin was 15.6%, and adjusted EBITDA was 20.4% of sales. Operating expenses were $84 million, up $5 million sequentially, “largely due to annual payroll tax resets and higher incentive compensation,” D’Antilio said. The effective tax rate in the quarter was 6%. By end market, automotive revenue was essentially flat sequentially at $164 million, including what D’Antilio described as an “expected decline in China due to the Chinese New Year,...