B+
Bull case
25%
Probability
Target price
$62.00
Analysis reference price unavailable
Analysis 2026-08-04 · RankAlpha Sentiment Codex
ALGM
Allegro MicroSystemsANasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
The earnings print exceeded the stored consensus context, Q2 guidance implies continued high growth, and management cited record data-center exposure plus xEV/ADAS strength. Successful conversion of backlog and design activity could support earnings revisions.
Posture
Constructive
Lead driver
Sentiment
What changed
Next scheduled catalyst: earnings 2026-10-29 · BMO.
What can break
Execution risk against the Q2 FY2027 sales, margin, and EPS ranges.
Momentum
22
Value
49
Sentiment
83
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $52.00 · Bull $62.00 · Bear $34.00Analysis 2026-08-04; returns require an exact persisted reference.
Earnings
2026-10-29 · BMO
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-26 • Vendor: Data Vendor v1
Scores
As of 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-04 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-26
Investment thesis
As of 2026-10-26
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $52.62
Why
Momentum22 · Δ7d +5.8
Value49 · Δ7d -0.1
Sentiment83 · Δ7d 0.0
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Next scheduled catalyst: earnings 2026-10-29 · BMO.
- • Sentiment remains the lead driver in the composite, 7D delta 0.0.
Contradictions & invalidation
- • Execution risk against the Q2 FY2027 sales, margin, and EPS ranges.
- • Positive AI and electrification expectations may already be reflected in the valuation.
- • The evidence supports operating momentum but not yet a confirmed post-print revision cycle.
Catalyst clock
2026-10-29 · BMO
Q1 FY2027 beat and raised near-term visibility
Lead driver: Sentiment · See AI snapshot
Momentum
22
8% active weight
Current posture
7d trendImproving
Δ7d
+5.8
Δ21d
+10.0
Value
49
47% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
-0.4
Sentiment
83
45% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
+3.0
Why this grade
Composite grade A. Momentum 21.7 / Value 49.5 / Sentiment 82.6
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-04. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$52.00
Analysis reference price unavailable
Analysis 2026-08-04 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$34.00
Analysis reference price unavailable
Analysis 2026-08-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-26
Fundamentals (TTM)
As of 2026-10-26
Market Cap
$6.02B
Beta
1.62
Shares Out
186.4M
P/E (TTM) · Derived
-401.5
P/S (TTM)
6.68
P/FCF (TTM)
92.53
Rev YoY
+27.5%
EPS YoY
-217.9%
Gross Margin
+47.2%
Op Margin
+6.2%
Net Debt
$130.56M
Current Ratio
3.70
As of 2026-10-26 • Updated nightlySource: Internal modelMethods & Data