Allegro MicroSystems, Inc. (ALGM)

In the past six months, Allegro MicroSystems reported its third-quarter fiscal year 2026 financial results on January 29, 2026, exceeding analysts' estimates. Allegro MicroSystems hosted an Analyst Day on February 18, 2026. The company has a consensus rating of "Moderate Buy" from analysts, with an average twelve-month price target of $45.00. As of early April 2026, ALGM shares have seen a significant increase from their 52-week low. The stock has been influenced by broader market trends and strong fundamental support from analysts. Insiders sold $0.8 million in the last three months.

The provided information does not explicitly detail the demand seasonality for Allegro MicroSystems, Inc. products and services. The company primarily serves the automotive and industrial markets, which can exhibit their own seasonal patterns. Automotive production can have seasonal fluctuations. The company's fiscal year ends on the last Friday of March.

Allegro MicroSystems, Inc. is a global leader in power and sensing semiconductor solutions, operating within the technology sector and the semiconductor industry. The company designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs. Allegro's technology is crucial for motion control and energy-efficient systems, particularly in the automotive and industrial markets. Allegro's product portfolio includes current sensors, switches and latches, and interface ICs for precise measurement and control; power regulation and delivery products; and BLDC and brush DC drivers for electric motors. Allegro's solutions are applied in vehicle electrification, ADAS, industrial automation, and power-saving technologies. Through Crocus Technology, Inc., Allegro offers tunnel magnetoresistance (TMR) solutions.

Allegro MicroSystems, Inc. has a global presence with its headquarters in Manchester, New Hampshire. The company operates in 16 locations across four continents, selling to OEMs and distributors in the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. Key revenue is generated from Greater China, followed by the United States, Japan, and Europe.

Allegro MicroSystems' consistent focus on innovation, quality, and its role as a global leader in power and sensing semiconductor solutions contribute to its professional standing. Allegro emphasizes its commitment to quality and highlights over three decades of expertise in magnetic sensing and power ICs. Its "automotive-grade" technology reflects stringent quality and reliability standards. The company's ongoing investment in research and development supports a reputation for innovation. The consensus "Moderate Buy" rating from analysts also suggests a generally positive perception within the financial community.

Approximately 73.70% of Allegro MicroSystems stock is held by institutional shareholders. Sanken Electric Co Ltd is the largest individual shareholder, owning 32.24% of the company. Allegro MicroSystems insiders hold 45.39% of the company's stock.