ALGM
Allegro MicroSystems, Inc.
ALGM
35.51USD
+0.03%
Sep 23, 2026
Price
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Price Action
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryConstructive
Structure is constructive on both timeframes without excessive extension — a reasonable entry location.
Key Financials
- Market Cap
- $6.6B
- Avg Volume (60D)
- 2.3M
- Revenue Growth YoY
- +22.8%
- Gross Margin
- +47.2%
- Operating Margin
- +4.9%
- Free Cash Flow Yield
- +1.3%
- Distance from 200DMA
- -11.1%
- Next Earnings
- 2026-10-29
- P/E
- 466.1x
- EV / EBITDA
- 58.7x
- EV / Sales
- 7.1x
60 sessions
FY2026 vs FY2025
Trailing twelve months
Trailing twelve months
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 26, 2026
Filed balance-sheet data as of Jun 26, 2026
Fundamentals & Valuation
One of the two valuation perspectives says expensive; peers is the dissenting view.
Allegro MicroSystems, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command.
Company Research
Thesis
Allegro is a component supplier to data-center power and thermal subsystems, providing motor-driver ICs for cooling fans and magnetic current sensors used in server power supplies and backup-power systems.
Opportunity
High opportunity
Hyperscaler and colocation capital spending on high-density AI data-center electrical and liquid-cooling infrastructure.
Key risk
Cyclical semiconductor demand fluctuations.
Narrative & Theme
AI Compute Infrastructure Buildout
Part of AI Data Center Power and Thermal Systems, with moderate fit.
The company has a genuine, direct-revenue adjacency to the same AI data-center power-and-thermal demand driver: its fiscal 2026 data-center sales rose to 10% of annual revenue and 14% of fourth-quarter revenue, driven by cooling-fan motor drivers and high-speed current sensors for server power and backup systems.
Narrative HeatHot9.5 / 10
Theme HeatHot9.3 / 10
This reading is no longer current (last measured 2026-07-22). It is kept until the next scheduled measurement replaces it.
Business & Markets
Technology · Semiconductors
What they do
Allegro MicroSystems designs, develops, manufactures, and markets sensor integrated circuits and application-specific power ICs used in sensing, motion control, and power management for electromechanical and power conversion systems.
How it earns
The company generates revenue primarily through transactional sales of semiconductor products to original equipment manufacturers and distributors.
Products & services
Magnetic sensor ICs (position, speed, electric current sensors)
Power ICs (motor driver ICs, power management ICs, LED driver ICs, isolated gate drivers)
Customers & end markets
Original equipment manufacturers (OEMs)
Distributors
Market position
Allegro MicroSystems is a specialized player focused on sensor and power ICs within the semiconductor industry.
Demand drivers
Medium cyclicality
Semiconductor demand is influenced by broader technology and industrial cycles but also benefits from structural trends in electrification and automation.