ALGM
Allegro MicroSystemsDNasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
Current thesis
Primary-source evidence improved after the May 7, 2026 release: Q4 FY26 sales rose 26% year over year to $243.2 million, full-year sales rose 23% to $890.1 million, non-GAAP EPS nearly tripled year over year to $0.17, and Q1 FY27 guidance stayed constructive [#8-K-2026-05-07]. The latest quote of $48.95 versus the May 7 anchor of $47.93 suggests the market ultimately leaned constructive after initial digestion.
Posture
Defensive
Lead driver
Sentiment
What changed
1 setup hits (3d) with net bullish as of 2026-06-03.
What can break
Automotive concentration remains high: Q4 automotive sales were $163.9 million out of total sales of $243.2 million, leaving ALGM exposed to auto production and content-cycle volatility [#8-K-2026-05-07].
Momentum
37
Value
48
Sentiment
48
Setup hits (3d)
1 · Net Bullish
AI TargetsBase $46.00 · Bull $54.00 · Bear $39.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-09 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $45.83
Why
Momentum37 · Δ7d -2.1
Value48 · Δ7d -0.1
Sentiment48 · Δ7d +0.4
So what
Weak posture (Net Bullish). Prioritize risk control and patience.
Lead driver: Sentiment · See AI snapshot
Momentum
37
34% active weight
Current posture
7d trendImproving
Δ7d
-2.1
Δ21d
+31.9
Value
48
32% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
-0.0
Sentiment
48
33% active weight
Current posture
7d trendFlat
Δ7d
+0.4
Δ21d
+10.1
Why this grade
Composite grade D. Momentum 37.4 / Value 48.3 / Sentiment 47.6
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$8.78B
Beta
1.62
Shares Out
185.12M
P/E (TTM) · Derived
197.5
P/S (TTM)
6.68
P/FCF (TTM)
92.53
Rev YoY
+14.4%
EPS YoY
+119.7%
Gross Margin
+44.6%
Op Margin
-1.2%
Net Debt
$224.79M
Current Ratio
3.89
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology