Allegro MicroSystems, Inc. (ALGM) Research
Allegro MicroSystems, Inc. focuses on the creation, production, and worldwide distribution of sophisticated integrated circuits (ICs). Their primary offerings consist of sensor ICs and custom-designed analog power ICs, developed mainly for motion control and energy-saving applications. The company's product line includes magnetic sensor ICs, which are crucial for measuring position, speed, and current. They also supply various power management ICs, such as motor drivers, voltage regulators, and LED drivers. Furthermore, Allegro provides photonic and 3D sensing components, encompassing photodiodes, eye-safe laser solutions, and readout ICs essential for LiDAR systems. Allegro primarily sells its components to original equipment manufacturers (OEMs) and suppliers, with a strong emphasis on the automotive and industrial industries. Their distribution network is multifaceted, utilizing a direct sales team, independent sales representatives, third-party distributors, and consignment models. With operations spanning across the globe, the company has a presence in the United States, the broader Americas, Europe, Japan, Greater China, South Korea, and various other markets in Asia. Allegro MicroSystems was established in 1990, maintains its headquarters in Manchester, New Hampshire, and operates as a subsidiary of Sanken Electric Co., Ltd.
Market snapshot
- Symbol
- ALGM
- Price
- $59.00
- Day change
- +9.30%
- Market cap
- $11.0B
- P/E ratio
- -733.92x
- 52-week range
- 22.41-59.555
- Sector
- Technology
- Industry
- Semiconductors
- Next earnings
- in 1 month
- Analyst price target
- $52.57
Recent news
- Stock Market Falls From Record Highs, But These 3 AI Leaders Hit New Buy Points
The stock market dropped from record highs Thursday, but these three AI stock leaders broke out past new buy points.
Peer companies
Recent insider activity
- WHITE BRIAN C — A-Award (594 shares) on 2026-06-17
- WHITE BRIAN C — trade (0 shares) on 2026-06-17
- Madormo Richard — S-Sale (5000 shares) on 2026-06-03
- Coleman Troy — S-Sale (4500 shares) on 2026-05-22
- Webster Roald Graham — S-Sale (5217 shares) on 2026-05-21
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