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Allegro outlines Q2 FY 2027 sales of $265M-$275M and EPS of $0.23-$0.26 as data center sales are set to more than double in FY 2027

Earnings Call Insights: Allegro MicroSystems (ALGM) Q1 FY 2027 MANAGEMENT VIEW * CEO Michael Doogue said the quarter extended a multi-quarter uptrend, stating, "We began fiscal 2027 with continued strong momentum, delivering our sixth consecutive quarter of sequential sales growth." He added that demand …

Allegro MicroSystems (ALGM) Stock Fair Value Edges Higher After Mixed Analyst Commentary

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. The updated fair value estimate for Allegro MicroSystems has shifted from US$54.42 to US$56.55, reflecting fresh modeling of the company's outlook. Recent analyst commentary combines optimism around …

Needham & Company LLC Raises Allegro MicroSystems (NASDAQ:ALGM) Price Target to $57.00

Needham & Company LLC increased its price target for Allegro MicroSystems (NASDAQ:ALGM) to $57.00 from $55.00, reiterating a "buy" rating. This adjustment implies a potential upside of over 40% from the current share price, aligning with a generally positive analyst consensus of "Moderate Buy." …

Allegro MicroSystems Releases Q1 2027 Financial Results

Allegro MicroSystems (ALGM) announced strong Q1 2027 financial results, with revenue of $259.2M surpassing estimates by 3.0% and Non-GAAP Diluted EPS of $0.23 exceeding expectations by 9.5%. The company experienced significant year-over-year revenue growth of 27.0%, driven by its automotive business and expanding data …

Allegro MicroSystems (NASDAQ:ALGM) Beats Expectations in Strong Q2

Allegro MicroSystems (NASDAQ:ALGM) Beats Expectations in Strong Q2 Chip designer Allegro MicroSystems (NASDAQ:ALGM) announced better-than-expected revenue in Q2 CY2026, with sales up 27.5% year on year to $259.2 million. Guidance for next quarter's revenue was optimistic at $270 million at the midpoint, 2.1% above …

Allegro MicroSystems ticks up on strong Q2 results (ALGM:NASDAQ)

Allegro MicroSystems (ALGM) saw its shares rise by 1% in premarket trading after reporting stronger-than-expected second-quarter results. The semiconductor company achieved an adjusted earnings per share of $0.23 and a revenue increase of 21% year-over-year, reaching $259.24 million, surpassing analyst expectations.

Allegro MicroSystems (NASDAQ:ALGM) Beats Q1 Profit Estimates, Revenue Inline; Q2 Guidance Exceeds Consensus

Allegro MicroSystems (NASDAQ:ALGM) reported Q1 results, exceeding profit expectations and achieving revenue inline with forecasts. Despite a recent stock pullback, Q2 guidance for revenue and non-GAAP diluted EPS surpassed consensus estimates, driven by strong demand in AI data centers, electric vehicles, and advanced driver-assistance …

Allegro MicroSystems Reports First Quarter 2027 Results

Allegro MicroSystems announced strong first-quarter fiscal year 2027 results, with sales increasing 27% year-over-year to $259 million. The company reported GAAP diluted EPS of $0.08 and non-GAAP diluted EPS of $0.23, driven by growth in data center, xEV, and ADAS markets. For the second …

Allegro MicroSystems (NASDAQ:ALGM) Updates Q2 2027 Earnings Guidance

Allegro MicroSystems (ALGM) Earnings Date and Reports 2026

Allegro MicroSystems Fiscal Q1 Non-GAAP Earnings, Revenue Rise

Allegro MicroSystems (NASDAQ:ALGM) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Allegro MicroSystems, Inc. (ALGM) reported Q1 earnings of $0.23 per share, surpassing the Zacks Consensus Estimate of $0.21, and revenues of $259.24 million, beating the $253.01 million estimate. The company has consistently exceeded EPS estimates in the last four quarters, with its stock up …

Allegro MicroSystems, Inc. Revenue Breakdown – DUS:6V5

Allegro MicroSystems, Inc. generated €770.40 million in revenue last year. The Magnetic Sensors segment was the top performer, contributing €466.12 million, while Greater China was the largest regional contributor at €215.88 million. This information details the company's financial performance based on segments and geographic …

Allegro MicroSystems (ALGM) Reports Earnings Tomorrow: What To Expect

Allegro MicroSystems (ALGM) is set to report earnings tomorrow. The chip designer exceeded revenue expectations last quarter but missed EPS estimates, with analysts anticipating a 23.6% year-on-year revenue growth this quarter. Peers like Intel and Penguin Solutions have already reported mixed Q2 results, and …

Allegro MicroSystems (NASDAQ:ALGM) Shares Gap Down - Here's Why

Allegro MicroSystems (NASDAQ:ALGM) shares gapped down before trading, closing at $46.80 but opening at $43.50 and last trading around $42.43. Despite the drop, analyst sentiment remains largely positive with a "Moderate Buy" rating and an average price target of $55.20, although some recent downgrades …

Maverick Capital Ltd. Makes New Investment in Allegro MicroSystems, Inc. $ALGM

Maverick Capital Ltd. has initiated a new position in Allegro MicroSystems, Inc. (NASDAQ:ALGM) during the first quarter of 2026, purchasing 42,224 shares valued at approximately $1.33 million. Other institutional investors also adjusted their holdings in the company, which reported strong Q4 earnings, beating estimates …

ALGM|Allegro Microsystems Inc|Price:46.780|Chg%:+0.750

This article provides a detailed profile of Allegro Microsystems Inc (ALGM), emphasizing its role as a global designer and manufacturer of power and sensing semiconductor solutions for automotive and industrial markets. It includes the company's background, business scope, financial data, and market performance, highlighting …

BlackRock, Inc. (ALGM holder) discloses 6.9% Allegro MicroSystems stake in 13G/A

BlackRock, Inc. has filed an amended Schedule 13G/A, disclosing a 6.9% beneficial ownership stake in Allegro MicroSystems, Inc. This stake represents 12,814,040 shares of common stock, with BlackRock holding sole voting power over 12,469,786 shares and sole dispositive power over all 12,814,040 shares. The …

Allegro MicroSystems (ALGM) Q1 2027 Preview: EPS Est. $0.21, Reports July 30

Allegro MicroSystems (ALGM) is expected to report Q1 2027 earnings per share of $0.21 and revenue of $251.7 million on July 30, before market open. This consensus is based on 10 analysts, with EPS estimates ranging from $0.20 to $0.23, reflecting a significant year-over-year …

ALGM to Report Q1 Earnings: What's in the Cards for the Stock?

Allegro MicroSystems (ALGM) is set to report its first-quarter fiscal 2027 earnings on July 30, 2026. Analysts expect revenues of $253 million, a 24.4% increase year-over-year, and earnings of 21 cents per share, up 133%. The company's performance is anticipated to be driven by …

Allegro Microsystems (ALGM) Advanced from Sharp Demand Growth

Allegro MicroSystems (ALGM) experienced a sharp increase in demand and share price performance due to its specialist semiconductor chips used in the data center market, as highlighted by the WS Amati Global Innovation Fund. While the fund acknowledged ALGM's potential, it suggested that other …

Allegro Microsystems Inc (ALGM) Shareholder Structure: Major Shareholders & Institutional Holdings

This article details the shareholder structure of Allegro Microsystems Inc (ALGM), listing its major shareholders and institutional holdings. It provides a breakdown of ownership by entity type and tracks changes in institutional shareholding over several quarters. Key investors include Sanken Electric Co Ltd, Fidelity …

Allegro Microsystems Inc (ALGM) Cash Flow

This article provides a detailed cash flow statement for Allegro Microsystems Inc (ALGM), including quarterly and annual data for operating, investing, and financing activities. It presents key financial figures, percentage changes, and FAQs explaining different cash flow components and their significance for ALGM. The …

Entropy Technologies LP Raises Position in Allegro MicroSystems, Inc. $ALGM

Entropy Technologies LP significantly increased its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM) by 88.7% in the first quarter, now holding 67,719 shares valued at $2.14 million. This move is part of broader institutional interest, with hedge funds collectively owning 56.45% of ALGM. The company …

Allegro Microsystems Inc (ALGM) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution

This article provides a revenue breakdown for Allegro Microsystems Inc (ALGM), detailing its performance by business segments and geographic regions. For the specified period, Magnetic sensors ("MS") contributed 60.11% of revenue, while Power integrated circuits ("PIC") accounted for 39.89%. Regionally, Greater China was the …

Allegro Microsystems Inc (ALGM) Stock Down 8.1% but Still Overva

Allegro Microsystems Inc (ALGM) saw an 8.1% stock decline, bringing its current price to $46.03. Despite this drop and recent volatility, the stock is considered significantly overvalued according to GuruFocus' GF Value™ estimate of $29.77, suggesting potential for a price correction. Insiders have also …

Allegro Microsystems, Inc. (ALGM) Q1 2025 Earnings Report - Results, Call & Slides

Allegro Microsystems (ALGM) reported its Q1 2025 earnings, exceeding analyst expectations with an actual EPS of $0.53 against a consensus of $0.39, and actual revenue of $2.92 billion compared to an expected $2.89 billion. Despite beating forecasts, the company experienced a significant year-over-year revenue …

Lattice Semiconductor, Allegro MicroSystems, Monolithic Power Systems, Marvell Technology, and MACOM Shares Are Falling, What You Need To Know

Shares of several semiconductor companies, including Lattice Semiconductor, Allegro MicroSystems, Monolithic Power Systems, Marvell Technology, and MACOM, fell after the U.S. government announced new tariffs on 60 trading partners over forced labor concerns. These tariffs, impacting key semiconductor supply chain nations, are expected to …

Here’s What Lifted Allegro MicroSystems (ALGM) in Q2

ClearBridge Investments, a global equity manager, recently published second-quarter 2026 commentary for its "Small Cap Growth Strategy". A copy of the letter can be downloaded here. The Russell 2000 Growth Index increased by 25.6% in the second quarter, marking its third-best quarterly performance in …

Allegro MicroSystems (ALGM) to Announce Quarterly Earnings on Thursday

Allegro MicroSystems (ALGM) is scheduled to announce its Q1 2027 earnings before market open on Thursday, July 30th. Analysts anticipate an EPS of $0.21 on $251.5 million in revenue, aligning with the company's own guidance of $0.19 to $0.23 EPS. Despite recent insider selling …

Allspring Global Investments Holdings LLC Lowers Holdings in Allegro MicroSystems, Inc. $ALGM

Allspring Global Investments Holdings LLC reduced its stake in Allegro MicroSystems, Inc. by 13.6% in the first quarter of 2026, selling 48,402 shares. Despite this, Allegro MicroSystems reported strong quarterly results, beating EPS and revenue expectations. Analyst sentiment remains largely positive, with an average …

Allegro Microsystems Inc (ALGM) Stock Up 6.5% but GF Value Says Overvalued -- GF Score: 77/100

Allegro Microsystems Inc (ALGM) shares increased by 6.5% to $49.35, but GuruFocus's GF Value indicates the stock is 66.1% overvalued with an intrinsic value of $29.71. Despite an above-average GF Score of 77/100, driven by strong momentum and financial strength, the valuation closely resembles …

Allegro MicroSystems (ALGM) Q4 2026 earnings summary

Allegro MicroSystems reported strong Q4 2026 results, achieving its fifth consecutive quarter of sales growth with Q4 sales at $243 million, up 26% year-over-year, and full-year sales up 23% to $890 million. Non-GAAP EPS nearly tripled to $0.17 in Q4 and more than doubled …

Allegro MicroSystems, Inc. (NASDAQ:ALGM) Given Consensus Rating of "Moderate Buy" by Brokerages

Allegro MicroSystems, Inc. (NASDAQ:ALGM) has received a consensus "Moderate Buy" rating from brokerages, with an average 12-month price target of $55.20. This optimism is reinforced by several brokers recently raising their price targets for ALGM. Despite some insider selling, the company reported strong Q1 …

Barclays upgrades Lumentum, cuts Allegro, Penguin before chip earnings

Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector. The …

Barclays Downgrades Allegro MicroSystems to Equalweight From Overweight, Price Target Is $48

Barclays has downgraded Allegro MicroSystems (ALGM) to Equalweight from Overweight, setting a price target of $48. This revised rating reflects the analyst's updated outlook on the company's stock performance.