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Is It Worth Investing in Allegro MicroSystems (ALGM) Based on Wall Street's Bullish Views?

  • The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
    04/08/2024

7 Also-Ran Tech Stocks Ready to Steal the Spotlight

  • While the innovation space seemingly lacks no shortage of interest, not every enterprise benefits from the spotlight, which brings us to tech stocks ready to rebound. Yes, there are indeed certain compelling tech plays that aren't getting the attention they deserve.
    04/04/2024
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Allegro MicroSystems, Inc. (ALGM) can buy. Click on Rating Page for detail.

The price of Allegro MicroSystems, Inc. (ALGM) is 30.1 and it was updated on 2024-04-28 07:00:38.

Currently Allegro MicroSystems, Inc. (ALGM) is in overvalued.

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Allegro MicroSystems, Inc. (ALGM) Outperforms Broader Market: What You Need to Know

  • In the closing of the recent trading day, Allegro MicroSystems, Inc. (ALGM) stood at $25.74, denoting a +0.23% change from the preceding trading day.
    Wed, Apr. 03, 2024

Allegro MicroSystems, Inc. (ALGM) is Attracting Investor Attention: Here is What You Should Know

  • Recently, Zacks.com users have been paying close attention to Allegro MicroSystems (ALGM). This makes it worthwhile to examine what the stock has in store.
    Tue, Apr. 02, 2024

Allegro MicroSystems, Inc. (ALGM) Surpasses Market Returns: Some Facts Worth Knowing

  • In the most recent trading session, Allegro MicroSystems, Inc. (ALGM) closed at $26.95, indicating a +0.56% shift from the previous trading day.
    Thu, Mar. 28, 2024

Allegro MicroSystems, Inc. (ALGM) is Attracting Investor Attention: Here is What You Should Know

  • Recently, Zacks.com users have been paying close attention to Allegro MicroSystems (ALGM). This makes it worthwhile to examine what the stock has in store.
    Wed, Mar. 20, 2024

Allegro MicroSystems, Inc. (ALGM) Exceeds Market Returns: Some Facts to Consider

  • In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $27.78, marking a +1.02% move from the previous day.
    Mon, Mar. 18, 2024
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Press Releases
StockPrice Release
More Headlines
News

Allegro MicroSystems, Inc. (ALGM) Is a Trending Stock: Facts to Know Before Betting on It

  • Allegro MicroSystems, Inc. (ALGM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
  • 03/06/2024

Is Allegro MicroSystems, Inc. (ALGM) a Buy as Wall Street Analysts Look Optimistic?

  • The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
  • 02/26/2024

3 Undervalued Mid-Cap Stocks Set to Benefit from the AI Revolution

  • Discerning investors are increasingly looking to mid-cap stocks to supercharge their portfolios and build wealth. The artificial intelligence boom is only just beginning, and AI-powered software will continue to capture investors' attention.
  • 02/16/2024

Brokers Suggest Investing in Allegro MicroSystems, Inc. (ALGM): Read This Before Placing a Bet

  • Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
  • 02/08/2024

What's in Store for Allegro MicroSystems (ALGM) in Q3 Earnings?

  • Allegro MicroSystems' (ALGM) third-quarter fiscal 2024 performance is likely to have been aided by strong momentum in TMR sensing technology and an expanded portfolio.
  • 01/29/2024

4 Semiconductor Stocks Poised to Beat Estimates This Earnings

  • Here, we have picked four semiconductor stocks, SIMO, NVDA, ALGM and AMBA, which are likely to pull off earnings surprises this earnings season.
  • 01/29/2024

Wall Street Bulls Look Optimistic About Allegro MicroSystems, Inc. (ALGM): Should You Buy?

  • The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
  • 01/23/2024

Allegro MicroSystems, Inc. (ALGM) Rises Higher Than Market: Key Facts

  • In the closing of the recent trading day, Allegro MicroSystems, Inc. (ALGM) stood at $28.19, denoting a +0.43% change from the preceding trading day.
  • 01/22/2024

3 Superstar Stocks Leading the Silicon Carbide Revolution

  • Silicon carbide stocks have emerged as a driving force behind the silicon carbide (SiC) revolution. As demand for high performance semiconductors accelerates, these superstar stocks have positioned themselves for decades of growth.
  • 01/17/2024

Will Allegro MicroSystems, Inc. (ALGM) Beat Estimates Again in Its Next Earnings Report?

  • Allegro MicroSystems, Inc. (ALGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
  • 01/12/2024

Allegro MicroSystems, Inc. (ALGM) Suffers a Larger Drop Than the General Market: Key Insights

  • Allegro MicroSystems, Inc. (ALGM) concluded the recent trading session at $26.89, signifying a -0.33% move from its prior day's close.
  • 01/11/2024

UPDATE – Allegro MicroSystems to Announce Third Quarter Fiscal Year 2024 Financial Results

  • MANCHESTER, N.H., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal year 2024 prior to the market open on Thursday, February 1, 2024. Following the press release, Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook.
  • 01/11/2024

Allegro MicroSystems to Announce Third Quarter Fiscal Year 2024 Financial Results

  • MANCHESTER, N.H., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal year 2024 prior to the market open on Thursday, February 1, 2024. Following the press release, Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook.
  • 01/11/2024

Allegro MicroSystems to Present at Needham's 26th Annual Growth Conference on January 19

  • MANCHESTER, N.H., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the Company will present at Needham's 26th Annual Growth Conference on Friday, January 19, 2024, which is a designated day for virtual presentations and meetings. Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Chief Financial Officer, are scheduled to participate in a fireside chat at 12:45 PM EDT.
  • 01/05/2024

Wall Street Analysts Think Allegro MicroSystems, Inc. (ALGM) Is a Good Investment: Is It?

  • Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
  • 01/04/2024

20 midcap stocks with 2024 upside ranging up to 62%, according to analysts

  • When investors think about whether to increase their exposure beyond the big companies that grab most of the headlines in the financial media, they are likely to look at small-cap stocks first. After all, the sky's the limit.
  • 12/26/2023

New Strong Sell Stocks for December 26th

  • ALGM, ASHTY and GIB have been added to the Zacks Rank #5 (Strong Sell) List on December 26, 2023.
  • 12/26/2023

Allegro MicroSystems, Inc. (ALGM) Stock Slides as Market Rises: Facts to Know Before You Trade

  • Allegro MicroSystems, Inc. (ALGM) closed at $30.69 in the latest trading session, marking a -1.67% move from the prior day.
  • 12/18/2023

Allegro MicroSystems, Inc. (ALGM) Increases Yet Falls Behind Market: What Investors Need to Know

  • Allegro MicroSystems, Inc. (ALGM) closed the most recent trading day at $27.41, moving +0.18% from the previous trading session.
  • 12/12/2023

Here's Why Allegro MicroSystems, Inc. (ALGM) Fell More Than Broader Market

  • In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $26.32, marking a -1.05% move from the previous day.
  • 12/06/2023

Investors Heavily Search Allegro MicroSystems, Inc. (ALGM): Here is What You Need to Know

  • Recently, Zacks.com users have been paying close attention to Allegro MicroSystems, Inc. (ALGM). This makes it worthwhile to examine what the stock has in store.
  • 12/06/2023

Here is What to Know Beyond Why Allegro MicroSystems, Inc. (ALGM) is a Trending Stock

  • Allegro MicroSystems, Inc. (ALGM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
  • 11/21/2023

Revealed: Congress' busiest stock traders in the last year

  • Over the past few weeks, Finbold has unveiled reports exposing the substantial stock market activities of certain US Congress members, some of which resulted in multimillion-dollar profits.
  • 11/14/2023

Is Trending Stock Allegro MicroSystems, Inc. (ALGM) a Buy Now?

  • Recently, Zacks.com users have been paying close attention to Allegro MicroSystems, Inc. (ALGM). This makes it worthwhile to examine what the stock has in store.
  • 11/08/2023

Allegro MicroSystems, Inc. (ALGM) Q2 2024 Earnings Call Transcript

  • Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q2 2024 Earnings Conference Call November 2, 2023 6:00 AM ET Company Participants Jalene Hoover - VP of IR and Corporate Communications Vineet Nargolwala - President and CEO Derek D'Antilio - SVP and Chief Financial Officer Conference Call Participants Gary Mobley - Wells Fargo Blayne Curtis - Barclays Blake Friedman - Bank of America Joshua Buchalter - TD Cowen Christopher Caso - Wolfe Research Quinn Bolton - Needham & Company Natalia Winkler - Jefferies Operator Good morning, and welcome to the Allegro MicroSystems Second Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions].
  • 11/03/2023

What's in Store for Allegro MicroSystems' (ALGM) Q2 Earnings?

  • Allegro MicroSystem' (ALGM) second-quarter fiscal 2024 performance will likely reflect strong momentum in its e-mobility, industrial and automotive segments.
  • 10/31/2023

Is Most-Watched Stock Allegro MicroSystems, Inc. (ALGM) Worth Betting on Now?

  • Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
  • 10/25/2023

Should You Invest in Allegro MicroSystems, Inc. (ALGM) Based on Bullish Wall Street Views?

  • The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
  • 10/23/2023

Allegro MicroSystems, Inc. (ALGM) Stock Drops Despite Market Gains: Important Facts to Note

  • Allegro MicroSystems, Inc. (ALGM) closed at $30.81 in the latest trading session, marking a -0.84% move from the prior day.
  • 10/11/2023

Here's Why Allegro MicroSystems, Inc. (ALGM) Fell More Than Broader Market

  • In the most recent trading session, Allegro MicroSystems, Inc. (ALGM) closed at $30.37, indicating a -1.78% shift from the previous trading day.
  • 10/05/2023

Allegro MicroSystems, Inc. (ALGM) is Attracting Investor Attention: Here is What You Should Know

  • Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
  • 09/27/2023

Allegro MicroSystems: Magnetic Sensor Leader

  • Allegro Microsystems has a dominant position in the magnetic sensor market, which is its largest revenue segment. Both the magnetic sensor and power IC segments have shown significant improvement and strong growth over the years. The magnetic sensor market has a positive outlook, driven by increasing adoption in advanced use cases and rising demand for consumer electronics.
  • 09/25/2023

Allegro MicroSystems, Inc. (ALGM) Is a Trending Stock: Facts to Know Before Betting on It

  • Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
  • 09/13/2023

3 Chip Stocks That Should Be on Every Investor's Radar

  • The semiconductor sector has been on a tear in 2023, but while giants like Nvidia (NASDAQ: NVDA ) get all the headlines, some hidden gems are still waiting to be discovered. Sure, the bigger players can still climb higher, but the risk-reward ratio tends to favor the small caps in times like these.
  • 09/10/2023

Time to Buy the 25% Sell-Off in This Top EV Supplier Stock?

  • Allegro's chip designs used in EVs and other systems with an electric motor are a secular growth market. The company is hitting what is expected to be a temporary slowdown.
  • 08/31/2023

Investors Heavily Search Allegro MicroSystems, Inc. (ALGM): Here is What You Need to Know

  • Allegro MicroSystems, Inc. (ALGM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
  • 08/30/2023

Down -26.16% in 4 Weeks, Here's Why Allegro MicroSystems, Inc. (ALGM) Looks Ripe for a Turnaround

  • Allegro MicroSystems, Inc. (ALGM) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
  • 08/28/2023

3 Tech Stocks the Big Money Is Tapping Into Now

  • After a rough few months, I'm finding a good deal of top tech stocks to buy. Especially with a lot of negativity priced in, including fears of higher interest rates.
  • 08/23/2023

AMD Rides on Solid Adoption of New EPYC CPUs, Pensando DPUs

  • AMD is benefiting from its expanding portfolio, which includes the latest EPYC CPUs and Pensando DPUs.
  • 08/22/2023

Here is What to Know Beyond Why Allegro MicroSystems, Inc. (ALGM) is a Trending Stock

  • Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
  • 08/18/2023

Is Allegro MicroSystems, Inc. (ALGM) a Buy as Wall Street Analysts Look Optimistic?

  • Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
  • 08/15/2023

Allegro MicroSystems: Big Post-Earnings Pullback Offers Fresh Entry Points

  • Allegro MicroSystems reported strong Q1 earnings, beating expectations, but its shares have since dropped 20%. The drop may be due to weak guidance for Q2 and concerns about the company's valuation. Allegro's strategic growth drivers, including e-Mobility and select Industrial markets, remain strong, and the company recently announced the acquisition of Crocus Technology.
  • 08/09/2023

Time to Buy the Selloff in These Tech Stocks After Earnings?

  • Let's take a look at three tech stocks that could start presenting better buying opportunities after today's selloff following their quarterly reports.
  • 08/01/2023

Allegro MicroSystems Gets Lift From Automotive, Clean Energy Markets

  • Chipmaker Allegro MicroSystems topped Wall Street's targets for its fiscal first quarter and guided higher for the current period.
  • 08/01/2023

What's in Store for Allegro MicroSystems' (ALGM) Q1 Earnings?

  • Allegro MicroSystems' (ALGM) first-quarter fiscal 2024 performance will likely reflect strong momentum in its e-mobility, industrial and automotive segments despite macro uncertainties.
  • 07/27/2023

Is Trending Stock Allegro MicroSystems, Inc. (ALGM) a Buy Now?

  • Allegro MicroSystems, Inc. (ALGM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
  • 07/18/2023

Is Allegro MicroSystems (ALGM) Stock Outpacing Its Computer and Technology Peers This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and Fortinet (FTNT) have performed compared to their sector so far this year.
  • 07/07/2023

Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and Shopify (SHOP) have performed compared to their sector so far this year.
  • 06/21/2023

Wall Street Analysts Think Allegro MicroSystems, Inc. (ALGM) Could Surge 29.55%: Read This Before Placing a Bet

  • The mean of analysts' price targets for Allegro MicroSystems, Inc. (ALGM) points to a 29.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
  • 06/12/2023

New Strong Buy Stocks for June 9th

  • AMR, CCU, DHC, MTH and ALGM have been added to the Zacks Rank #1 (Strong Buy) List on June 9, 2023.
  • 06/09/2023

Macroeconomic Headwinds Take a Toll on Semiconductor Sales

  • Per the latest report by Semiconductor Industry Association (SIA), global semiconductor sales in April 2023 plunge 21.6% on a year-over-year basis due to a cyclical downturn and sluggish macroeconomic conditions.
  • 06/07/2023

Best Momentum Stocks to Buy for June 7th

  • PAY, TAST and ALGM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 7, 2023.
  • 06/07/2023

Wall Street Bulls Look Optimistic About Allegro MicroSystems, Inc. (ALGM): Should You Buy?

  • Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
  • 06/07/2023

New Strong Buy Stocks for June 7th

  • PAY, TAST, DHC, VWAGY and ALGM have been added to the Zacks Rank #1 (Strong Buy) List on June 7, 2023.
  • 06/07/2023

7 EV Stocks That Could Skyrocket in the Next 12 Months

  • Most electric-vehicle stocks are growth names. As a result, it's hardly surprising that almost all EV stocks to buy tumbled sharply during the 2022 bear market.
  • 06/06/2023

Allegro MicroSystems: I Am Not Investing Due To Valuation

  • Allegro MicroSystems' financials show a modest 6.1% revenue CAGR, but improved profitability metrics and consistent positive levered free cash flow. DCF valuation suggests ALGM stock is slightly overvalued, with a fair value of $6.8 billion, about 10% lower than the current market cap. High concentration of the company's sales in China is a massive risk due to the current geopolitical tension between the world's two biggest economies.
  • 06/06/2023

Has Allegro MicroSystems (ALGM) Outpaced Other Computer and Technology Stocks This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and Bentley Systems, Incorporated (BSY) have performed compared to their sector so far this year.
  • 06/01/2023

Allegro MicroSystems to Present at Nasdaq's London Investor Conference

  • MANCHESTER, N.H., May 30, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the Company will present at the Nasdaq Investor Conference to be held in partnership with Jefferies on June 13 and 14 in London, United Kingdom. Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Chief Financial Officer, are scheduled to participate in a fireside chat on Wednesday, June 14, 2023 at 9:00 AM British Summer Time (BST).
  • 05/30/2023

Allegro MicroSystems, Inc. (ALGM) Just Overtook the 20-Day Moving Average

  • From a technical perspective, Allegro MicroSystems, Inc. (ALGM) is looking like an interesting pick, as it just reached a key level of support. ALGM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
  • 05/29/2023

Why Allegro MicroSystems, Inc. (ALGM) Might be Well Poised for a Surge

  • Allegro MicroSystems, Inc. (ALGM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
  • 05/26/2023

Wall Street Analysts See a 33.82% Upside in Allegro MicroSystems, Inc. (ALGM): Can the Stock Really Move This High?

  • The mean of analysts' price targets for Allegro MicroSystems, Inc. (ALGM) points to a 33.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
  • 05/26/2023

Best Momentum Stocks to Buy for May 25th

  • BLKB, ROL and ALGM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 25, 2023.
  • 05/25/2023

Allegro MicroSystems to Present at TD Cowen's Technology, Media & Telecom Investor Conference

  • MANCHESTER, N.H., May 17, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the Company will present at TD Cowen's 51st Annual Technology, Media & Telecom Conference on Wednesday, May 31, 2023 at the Lotte Palace Hotel in New York, NY. Derek D'Antilio, Chief Financial Officer, is scheduled to participate in a fireside chat at 2:00 PM EDT.
  • 05/17/2023

Are Computer and Technology Stocks Lagging Allegro MicroSystems (ALGM) This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and SentinelOne (S) have performed compared to their sector so far this year.
  • 05/16/2023

Allegro MicroSystems, Inc. (ALGM) Q4 2023 Earnings Call Transcript

  • Start Time: 08:30 January 1, 0000 9:04 AM ET Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q4 2023 Earnings Conference Call May 11, 2023, 08:30 AM ET Company Participants Vineet Nargolwala - President and CEO Derek D'Antilio - SVP and Chief Financial Officer Jalene Hoover - VP of IR and Corporate Communications Conference Call Participants Blayne Curtis - Barclays Gary Mobley - Wells Fargo Vijay Rakesh - Mizuho Joshua Buchalter - TD Cowen Trevor Janoskie - Needham Operator Thank you for standing by. Welcome to the Allegro MicroSystems Fourth Quarter Fiscal 2023 Financial Results.
  • 05/11/2023

Allegro MicroSystems, Inc. (ALGM) Q4 Earnings Beat Estimates

  • Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.21 per share a year ago.
  • 05/10/2023

Allegro MicroSystems Beats Quarterly Targets On Strong Auto Chip Sales

  • Chipmaker Allegro MicroSystems beat analyst expectations for its fiscal fourth quarter thanks to robust automotive chip sales. The post Allegro MicroSystems Beats Quarterly Targets On Strong Auto Chip Sales appeared first on Investor's Business Daily.
  • 05/10/2023

What's in Store for Allegro MicroSystems' (ALGM) Q4 Earnings?

  • Allegro MicroSystems' (ALGM) fourth-quarter fiscal 2023 performance will likely reflect the positive impact of increased demand and internal supply capacity despite macro uncertainties.
  • 05/08/2023

Why Silicon Carbide Stocks Wolfspeed, STMicroelectronics, and Allegro MicroSystems Plunged This Week

  • Silicon carbide chips are projected to display exponential growth over the next decade. However, getting production up and running is proving to be a bigger technical challenge than some initially thought.
  • 04/28/2023

Earnings Season, Skewed Growth Figures And Quant Ratings With Steven Cress

  • Earnings Season, Skewed Growth Figures And Quant Ratings With Steven Cress.
  • 04/23/2023

Earnings Season With Steven Cress - Pay Attention To Sales Beat

  • Earnings Season With Steven Cress - Pay Attention To Sales Beat.
  • 04/21/2023

Could 256% Growth Ignite The Afterburners On This Hot Chip Stock?

  • As fabless semiconductor stocks like Mobileye show strength, RFID and IoT leader Impinj etches a buy point with earnings due. The post Could 256% Growth Ignite The Afterburners On This Hot Chip Stock?
  • 04/20/2023

Top 5 Stocks For Earnings Season

  • Top 5 Stocks For Earnings Season
  • 04/19/2023

2 Under-The-Radar Small Chip Stocks Poised For Big Growth

  • Chip stocks are certainly having a moment, with the sub-industry consisting of fabless semiconductor makers being a top market leader. Nvidia Corp. (NASDAQ: NVDA) is among the S&P 500's biggest winners so far this year, posting a gain of 85.03%.
  • 04/10/2023

IPO Stock Of The Week: Chip Leader Allegro MicroSystems Tests Key Level After 42% Rally

  • Chip stock leader Allegro MicroSystems is testing a key support level in today's stock market after a 42% rally in just over two months. The post IPO Stock Of The Week: Chip Leader Allegro MicroSystems Tests Key Level After 42% Rally appeared first on Investor's Business Daily.
  • 04/06/2023

Chipmaker Allegro MicroSystems Driving Growth With Automotive, Industrial Business

  • Allegro MicroSystems is in the fast lane as the chipmaker leverages its strength in the automotive industry into new markets. The post Chipmaker Allegro MicroSystems Driving Growth With Automotive, Industrial Business appeared first on Investor's Business Daily.
  • 04/04/2023

Are Computer and Technology Stocks Lagging Allegro MicroSystems (ALGM) This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and ASE Technology Hldg (ASX) have performed compared to their sector so far this year.
  • 04/03/2023

Best Momentum Stock to Buy for March 31st

  • KR, TRIN and ALGM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 31, 2023.
  • 03/31/2023

3 Momentum Anomaly Picks as Markets Shake Off Banking Crisis

  • Arista (ANET), Allegro (ALGM) and Crocs (CROX) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
  • 03/29/2023

Obscure Stock Screener Finds These Exceptional Stocks With 40% Growth

  • A MarketSmith stock screen identifies the few stocks with truly exceptional growth. The post Obscure Stock Screener Finds These Exceptional Stocks With 40% Growth appeared first on Investor's Business Daily.
  • 03/29/2023

3 Tech Stocks That Can March into April

  • Here are three tech stocks that were recently added to the Zacks Rank #1 (Strong Buy) list this week and could rise going into April.
  • 03/27/2023

This Auto Tech Company You've Never Heard of Could Be a Market-Beating Stock

  • Allegro MicroSystems is emerging as a top supplier to the EV market. Allegro's stock trades for a premium price, but the business is growing quickly, and should benefit from multiple secular growth trends.
  • 03/27/2023

All You Need to Know About Allegro MicroSystems, Inc. (ALGM) Rating Upgrade to Strong Buy

  • Allegro MicroSystems, Inc. (ALGM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
  • 03/23/2023

Pump You Up: Sports Rivalry Sparks Breakouts And Buy Zones

  • As Dick's Sporting Goods flexes its muscles with a new breakout, 2020 IPO ASO stock looks to pump up its new buy zone. The post Pump You Up: Sports Rivalry Sparks Breakouts And Buy Zones appeared first on Investor's Business Daily.
  • 03/22/2023

Top Wall Street analysts pick these five stocks for the long term

  • TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including BJ's & CrowdStrike
  • 03/19/2023

Allegro MicroSystems Impresses On First Ever Analyst Day

  • Allegro MicroSystems held its first-ever analyst day on Tuesday. Allegro's management said the company expects to continue seeing robust growth in its automotive and clean energy markets.
  • 03/18/2023

Semiconductor Stocks Climb Yet Inventories Bedevil Chip Industry; A Reality Check May Be Coming

  • Investors are profiting in semiconductor stocks this year, but analysts are wary. Here's what you should know about the chip industry right now.
  • 03/15/2023

Chipmaker Allegro MicroSystems Earns High Marks At Analyst Day

  • Chipmaker Allegro MicroSystems sees continued strong growth ahead thanks to its business in automotive and clean energy markets. The post Chipmaker Allegro MicroSystems Earns High Marks At Analyst Day appeared first on Investor's Business Daily.
  • 03/15/2023

Allegro MicroSystems: A Cyclical Stock At Its Peak Phase, Cash Out Profits

  • Since becoming public in 2020, the Allegro MicroSystems, Inc. stock price has followed a strong cyclical pattern, rising from September to Q1 of the following year. Allegro MicroSystems stock's cyclical performance mirrors the semiconductor industry's cyclical trends.
  • 03/10/2023

2 Overlooked Tech Stocks to Buy for Growth

  • Allegro MicroSystems and Asure Software's top and bottom-line growth remain very extractive as both companies have continued to expand over the last few years.
  • 03/09/2023

11 Top Growth Stocks Expecting Up To 166% Rise This Year

  • Allegro MicroSystems and PDD stock join nine other top-rated growth stocks eyeing 50% to 166% EPS growth this year. The post 11 Top Growth Stocks Expecting Up To 166% Rise This Year appeared first on Investor's Business Daily.
  • 03/09/2023

Investors Cash In On 12 'Triple Play' Stocks That Do No Wrong

  • Investors are worried that S&P 500 stocks will let them down. So why not focus on the handful that are delivering perfection?
  • 03/07/2023

Allegro MicroSystems, Inc. (ALGM) Crossed Above the 20-Day Moving Average: What That Means for Investors

  • Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?
  • 03/01/2023

7 Super Speculative Stocks That Could Make You Very Rich

  • Growth stocks are indisputably heating up on Wall Street. In a recent CNBC article, the financial news outlet suggested that “retail investors” are responsible for the surge.
  • 02/23/2023

Investors Find A 'New' Way To Make Money On Stocks This Year

  • S&P 500 investors seem to be saying "Out with the old and in with the new." Many newly public companies are leading the year's rally higher.
  • 02/23/2023

Are Computer and Technology Stocks Lagging Allegro MicroSystems (ALGM) This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and ASE Technology Hldg (ASX) have performed compared to their sector so far this year.
  • 02/13/2023

Allegro MicroSystems, Inc. (ALGM) Is Up 17.43% in One Week: What You Should Know

  • Does Allegro MicroSystems, Inc. (ALGM) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 02/10/2023

Surging Earnings Estimates Signal Upside for Allegro MicroSystems, Inc. (ALGM) Stock

  • Allegro MicroSystems, Inc. (ALGM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
  • 02/03/2023

New Strong Buy Stocks for February 3rd

  • DASTY, BFIN, CSWC, ALGM and JD have been added to the Zacks Rank #1 (Strong Buy) List on February 3, 2022.
  • 02/03/2023

Allegro Microsystems Is A Well-Positioned Semiconductor Stock

  • Allegro Microsystems (NASDAQ: ALGM) share prices are advancing at a brisk pace on the news the company's business is better than expected. The company, a semiconductor/integrated circuit manufacturer, provides sensor IC and app-specific analog ICs to the auto OEM and industrial market.
  • 02/02/2023

Allegro MicroSystems, Inc. (ALGM) Q3 2023 Earnings Call Transcript

  • Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q3 2023 Earnings Conference Call January 31, 2023 8:30 AM ET Company Participants Jalene Hoover – Vice President of Investor Relations and Corporate Communications Vineet Nargolwala – President and Chief Executive Officer Derek D'Antilio – Chief Financial Officer Conference Call Participants Gary Mobley – Wells Fargo Joshua Buchalter – Cowen Blayne Curtis – Barclays Quinn Bolton – Needham & Company Vijay Rakesh – Mizuho Group Alessandra Vecchi – William Blair Operator Good day and thank you for standing by. Welcome to the Allegro MicroSystems Q3 Fiscal 2023 Financial Results Conference Call.
  • 01/31/2023

Allegro MicroSystems, Inc. (ALGM) Q3 Earnings and Revenues Top Estimates

  • Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 9.38% and 1.46%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 01/31/2023

Chipmaker Allegro MicroSystems Posts Beat-And-Raise Quarterly Report

  • Chipmaker Allegro MicroSystems beat Wall Street's targets for its fiscal third quarter and guided higher for the current period. The post Chipmaker Allegro MicroSystems Posts Beat-And-Raise Quarterly Report appeared first on Investor's Business Daily.
  • 01/31/2023

2 Tech Stocks to Consider Buying Before Earnings

  • Going into their earnings reports next week, both Allegro MicroSystems and Super Micro Computer stock look poised to continue giving investors the expansive growth they look for out of the technology sector.
  • 01/27/2023

Allegro MicroSystems, Inc. (ALGM) Surges 6.4%: Is This an Indication of Further Gains?

  • Allegro MicroSystems, Inc. (ALGM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
  • 01/27/2023

Is Allegro MicroSystems (ALGM) Stock Outpacing Its Computer and Technology Peers This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and Amer Movil (AMX) have performed compared to their sector so far this year.
  • 01/26/2023

Here's What's Likely To Drive Semiconductor Stocks In 2023

  • After a miserable performance in 2022, semiconductor stocks are looking for a comeback in 2023. The post Here's What's Likely To Drive Semiconductor Stocks In 2023 appeared first on Investor's Business Daily.
  • 01/17/2023

7 Top-Rated Chip Stocks for Your January Must-Buy List

  • Although they've received some relief thanks to the latest inflation data, macro uncertainties continue to loom over even the best chip stocks to buy. The global economic slowdown, caused by the raising of interest rates to combat inflation, has led to a slowdown in the tech sector, which could worsen as the year progresses.
  • 01/17/2023

Chip Stocks Roar Back To Life As Inflation Eases; Diversification Across Industries Seen As Key

  • The chip industry is roaring back to life on the strength of lower inflation, but diversification is seen as key. The post Chip Stocks Roar Back To Life As Inflation Eases; Diversification Across Industries Seen As Key appeared first on Investor's Business Daily.
  • 01/13/2023

Allegro MicroSystems to Present at the Needham Growth Conference on January 10

  • MANCHESTER, N.H., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor technology for motion control and energy efficient systems, today announced that Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Chief Financial Officer, will participate in the 25th Annual Needham Growth Conference to be held at the Lotte NY Palace Hotel in New York City. Management is scheduled to host a fireside chat at 10:15 a.m. ET on Tuesday, January 10, 2023 and meet with registered attendees throughout the day.
  • 01/04/2023

New Strong Buy Stocks for December 27th

  • PARR, ACR, ALGM, BHP and MYE have been added to the Zacks Rank #1 (Strong Buy) List on December 27, 2022.
  • 12/27/2022

Semiconductor Stocks Brace For Bumpy 2023; Here's Who Can Weather The Storm

  • The semiconductor industry could be in for a rough year in 2023 amid declining sales of memory chips and PC processors. The post Semiconductor Stocks Brace For Bumpy 2023; Here's Who Can Weather The Storm appeared first on Investor's Business Daily.
  • 12/23/2022

Allegro Microsystems, CubeSmart To Join S&P MidCap 400; ALGM Stock Set To Break Out

  • EV chip play Allegro Microsystems and CubeSmart will join the S&P MidCap 400, along with some S&P 600 moves. ALGM stock is set to break out.
  • 12/04/2022

Allegro MicroSystems to Participate at Upcoming Investor Conferences

  • MANCHESTER, N.H., Nov. 23, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor technology for motion control and energy efficient systems, today announced that senior management will be participating at the following investor conferences:
  • 11/23/2022

Allegro MicroSystems, Inc. (ALGM) Q2 2023 Earnings Call Transcript

  • Title: Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q2 2023 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Leanne Sievers - President, Shelton Group Investor Relations Vineet Nargolwala - President & Chief Executive Officer Derek D'Antilio - Chief Financial Officer Conference Call Participants Gary Mobley - Wells Fargo Securities Joshua Buchalter - Cowen Blayne Curtis - Barclays Alessandra Vecchi - William Blair Quinn Bolton - Needham & Company Vijay Rakesh - Mizuho Securities Operator Good day and thank you for standing by. Welcome to Allegro MicroSystems Q2 fiscal 2023 Financial Results.
  • 10/30/2022

Allegro MicroSystems, Inc. (ALGM) Q2 Earnings and Revenues Surpass Estimates

  • Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 19.23% and 5.63%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 10/27/2022

Allegro MicroSystems to Announce Second Quarter Fiscal 2023 Financial Results Thursday, October 27, 2022

  • MANCHESTER, N.H., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal 2023 prior to the market open on Thursday, October 27, 2022. Following the press release, the Company will host a conference call at 8:30 a.m. Eastern Time the same day. Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President, Finance and Chief Financial Officer, will discuss the Company's results and business outlook.
  • 10/13/2022

Analysts Like These Semiconductor Stocks Amid Rising Chip Inventories

  • With chip stocks facing headwinds like rising inventories and slowing demand in certain segments, Wall Street sees some bright spots. The post Analysts Like These Semiconductor Stocks Amid Rising Chip Inventories appeared first on Investor's Business Daily.
  • 08/29/2022

Allegro MicroSystems, Inc. (ALGM) CEO Vineet Nargolwala on Q1 2023 Results - Earnings Call Transcript

  • Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q1 2023 Earnings Conference Call July 28, 2022 8:30 AM ET Company Participants Leanne Sievers - President, Shelton Group Investor Relations Vineet Nargolwala - President & Chief Executive Officer Derek D'Antilio - Chief Financial Officer Conference Call Participants Gary Mobley - Wells Fargo Alessandra Vecchi - William Blair Joshua Buchalter - Cowen Blayne Curtis - Barclays Vijay Rakesh - Mizuho Group Srini Pajjuri - SMBC Trevor Janoskie - Needham & Company Operator Good day and thank you for standing by. Welcome to the Allegro MicroSystems Q1 Fiscal 2023 Financial Results Conference Call.
  • 07/30/2022

Allegro MicroSystems, Inc. (ALGM) Beats Q1 Earnings and Revenue Estimates

  • Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 9.09% and 4.94%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
  • 07/28/2022

Allegro MicroSystems to Present at Upcoming Investor Conferences

  • MANCHESTER, N.H., May 27, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today President & Chief Executive Officer, Ravi Vig, and Chief Financial Officer, Derek D'Antilio, will be presenting at the Cowen 50th Annual Technology, Media & Telecom Conference on June 1, 2022, at the Lotte New York Palace in New York City.
  • 05/27/2022

Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q4 2022 Results - Earnings Call Transcript

  • Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q4 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Katherine Blye - IR Ravi Vig - President and CEO Derek D'Antilio - CFO Conference Call Participants Gary Mobley - Wells Fargo Securities Blayne Curtis - Barclays Srini Pajjuri - SMBC Nikko Securities Quinn Bolton - Needham and Company Operator Good day and thank you for standing by. Welcome to the Allegro Microsystems Q4 Fiscal 2022 Financial Results.
  • 05/10/2022

Allegro MicroSystems Is In A Tight Spot

  • The fundamentals for ALGM are strong, with the automobile market showing no signs of turning its back on electrical vehicles. ALGM is weighed down by a couple of headwinds, which help explain why the stock is down and likely heading lower.
  • 04/21/2022

Allegro MicroSystems, Inc. to Announce Fourth Quarter and Fiscal Year 2022 Financial Results on Tuesday, May 10, 2022

  • MANCHESTER, N.H., April 15, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the fourth quarter and fiscal year 2022 prior to the market opening on Tuesday, May 10, 2022. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President, Finance and Chief Financial Officer, will discuss the Company's results and business outlook.
  • 04/15/2022

Wall Street Analysts Think Allegro MicroSystems, Inc. (ALGM) Could Surge 34%: Read This Before Placing a Bet

  • The consensus price target hints at a 34.3% upside potential for Allegro MicroSystems, Inc. (ALGM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
  • 02/16/2022

Electric-Vehicle And Automation Trends: Allegro MicroSystems Grabs The Wheel

  • Following the impact of Covid-related shutdowns of third-party factories in Malaysia that clipped its revenue growth earlier this year, Allegro MicroSystems​ (ALGM) is regaining momentum as its business partners have achieved high vaccination rates. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
  • 02/15/2022

Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q3 2022 Results - Earnings Call Transcript

  • Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q3 2022 Results - Earnings Call Transcript
  • 02/01/2022

Allegro MicroSystems, Inc. (ALGM) Surpasses Q3 Earnings Estimates

  • Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 5.56% and 19.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 02/01/2022

Allegro MicroSystems, Inc. to Announce Third Quarter Fiscal Year 2022 Financial Results on Tuesday, February 1, 2022

  • MANCHESTER, N.H., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the third quarter fiscal year 2022 prior to the market opening on Tuesday, February 1, 2022. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President, Finance and Chief Financial Officer, will discuss the Company's results and business outlook.
  • 01/18/2022

Allegro MicroSystems to Present at the 24th Annual Needham Growth Conference

  • MANCHESTER, N.H., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today that President & Chief Executive Officer, Ravi Vig, and Chief Financial Officer, Paul Walsh, will present at the 24th Annual Needham Virtual Growth Conference on January 12, 2022 at 10:45 AM Eastern Time.
  • 01/04/2022

Is Allegro MicroSystems, Inc. (ALGM) Outperforming Other Computer and Technology Stocks This Year?

  • Here is how Allegro MicroSystems, Inc. (ALGM) and KLA (KLAC) have performed compared to their sector so far this year.
  • 12/14/2021

Allegro MicroSystems to Present at Upcoming Investor Conferences

  • MANCHESTER, N.H., Nov. 24, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, today announced its participation in upcoming investor conferences.
  • 11/24/2021

Bears are Losing Control Over Allegro MicroSystems, Inc. (ALGM), Here's Why It's a 'Buy' Now

  • Allegro MicroSystems, Inc. (ALGM) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
  • 11/03/2021

Allegro Microsystems Selling Shareholder OEP SKNA To Offload $233.5M Shares

  • Allegro Microsystems Inc's (NASDAQ: ALGM) selling shareholder One Equity Partners SKNA proposed to sell 7 million shares in a secondary equity offering. The estimated gross proceeds are $233.52 based on Allegro's October 29 closing price of $33.36.
  • 11/01/2021

Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q2 2022 Results - Earnings Call Transcript

  • Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q2 2022 Results - Earnings Call Transcript
  • 10/28/2021

Allegro MicroSystems, Inc. (ALGM) Q2 Earnings and Revenues Surpass Estimates

  • Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 11.11% and 2.98%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 10/28/2021

Allegro MicroSystems, Inc. to Announce Second Quarter Fiscal Year 2022 Financial Results on Thursday, October 28, 2021

  • MANCHESTER, N.H., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal year 2022 prior to the market opening on Thursday, October 28, 2021. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer, will discuss the Company's results and business outlook.
  • 10/14/2021

Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q1 2022 Results - Earnings Call Transcript

  • Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q1 2022 Results - Earnings Call Transcript
  • 07/31/2021

Allegro Microsystems Beats On Q1 Earnings, Posts Robust Segment Results, Issues Strong Q2 Guidance

  • Allegro Microsystems Inc (NASDAQ: ALGM) reported first-quarter FY22 net sales growth of 64% year-on-year to $188.1 million, beating the analyst consensus of $177.6 million. Net sales from Automotive rose 74.8% Y/Y to $133.5 million, Industrial climbed 48.5% to $30.3 million, and other net sales increased 33.4% to $24.3 million.
  • 07/29/2021

Allegro MicroSystems, Inc. to Announce First Quarter Fiscal Year 2022 Financial Results on Thursday, July 29, 2021

  • MANCHESTER, N.H., July 15, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the first quarter fiscal year 2022 prior to the market opening on Thursday, July 29, 2021. Following the press release, the Company will host a conference call at 8:00AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer, will discuss the Company's results and business outlook.
  • 07/15/2021

Allegro's New GMR Gear Tooth Speed Sensor Gives Transmission Designers More Options Than Ever Before

  • Industry-leading air gap enables increased reliability, efficiency, and design flexibility Industry-leading air gap enables increased reliability, efficiency, and design flexibility
  • 07/07/2021

How Allegro MicroSystems (ALGM) Stock Stands Out in a Strong Industry

  • Allegro MicroSystems (ALGM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
  • 06/03/2021

David J. Aldrich Joins the Allegro MicroSystems Board of Directors

  • MANCHESTER, N.H., May 25, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced the appointment of David J. Aldrich to its board of directors and Audit Committee, effective immediately.
  • 05/25/2021

Allegro's New 3DMAG Magnetic Position Sensor Enables Next-Generation ADAS Applications

  • A31315 sensor delivers the accuracy and performance needed to meet stringent ASIL-D requirements of safety-critical automotive applications A31315 sensor delivers the accuracy and performance needed to meet stringent ASIL-D requirements of safety-critical automotive applications
  • 05/18/2021

Allegro MicroSystems to Present at Upcoming Investor Conferences

  • MANCHESTER, N.H., May 13, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today President & Chief Executive Officer, Ravi Vig, and Chief Financial Officer, Paul Walsh, will be presenting virtually at the following upcoming investor conferences.
  • 05/13/2021

Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q4 2021 Results - Earnings Call Transcript

  • Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q4 2021 Results - Earnings Call Transcript
  • 05/09/2021

Allegro MicroSystems - Too Strong Momentum

  • Allegro MicroSystems has done well since it became a publicly traded company. Operations have seen some growth, yet operational achievements have been lagging compared to the share price performance.
  • 04/30/2021

Allegro MicroSystems, Inc. to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on Wednesday, May 5, 2021

  • MANCHESTER, N.H., April 16, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the fourth quarter and fiscal year 2021 prior to the market opening on Wednesday, May 5, 2021. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer, will discuss the Company's results and business outlook.
  • 04/16/2021

Allegro Microsystems To Divest Thailand Manufacturing Facility For $30M

  • Sensing and power semiconductor technology provider Allegro Microsystems Inc (NASDAQ: ALGM) inked an agreement to divest its Thailand manufacturing facility to an undisclosed purchaser for $30 million. The divestment is estimated to streamline Allegro's back-end operations and boost gross margin.
  • 03/04/2021

Allegro MicroSystems Announces Sale of Thailand Manufacturing Facility

  • Sale Demonstrates Continued Execution on Gross Margin Expansion Plan Sale Demonstrates Continued Execution on Gross Margin Expansion Plan
  • 03/04/2021

Allegro Introduces Sensor Interface IC Offering High Accuracy and Output Flexibility for Resistive Bridge Pressure Sensors

  • The A17700 delivers fast, reliable, and flexible output with top-of-the-line signal conditioning algorithms for automotive and industrial pressure sensing applications. The A17700 delivers fast, reliable, and flexible output with top-of-the-line signal conditioning algorithms for automotive and industrial pressure sensing applications.
  • 02/22/2021

Allegro MicroSystems Announces Pricing of Public Offering By Selling Stockholders

  • MANCHESTER, N.H., Feb. 05, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, announced today the pricing of a public offering of 17,500,000 shares of common stock to be sold by certain selling stockholders of Allegro at a public offering price of $30.30 per share. In addition, certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,625,000 shares of common stock. The offering is expected to close on or about February 9, 2021, subject to the satisfaction of customary closing conditions. The selling stockholders will receive all of the net proceeds from the offering and Allegro will not receive any proceeds.
  • 02/05/2021

Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q3 2021 Results - Earnings Call Transcript

  • Allegro MicroSystems, Inc. (ALGM) CEO Ravi Vig on Q3 2021 Results - Earnings Call Transcript
  • 02/02/2021

Allegro MicroSystems Announces Results for the Third Fiscal Quarter Ended December 25, 2020

  • --End Market Recovery Driving Strong Outlook-- --End Market Recovery Driving Strong Outlook--
  • 02/02/2021

Allegro MicroSystems, Inc. Announces Earnings Call Time Change; Third Quarter 2021 Earnings Call to Occur on February 2, 2021 at 5 p.m. (Eastern Time)

  • MANCHESTER, N.H., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced that it has changed the timing of its previously announced earnings conference call. The Company will now host a conference call to discuss results for the third quarter fiscal year 2021 on Tuesday, February 2, 2021 at 5 p.m. ET. There is no change to the dial-in information.
  • 01/26/2021

Allegro MicroSystems, Inc. to Announce Third Quarter Fiscal Year 2021 Financial Results on Tuesday, February 2, 2021

  • Manchester, N.H., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the third quarter fiscal year 2021 prior to the market opening on Tuesday, February 2, 2021. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer, will discuss the Company's results and business outlook.
  • 01/15/2021

Allegro MicroSystems to Participate in the 23rd Annual Needham Growth Conference

  • MANCHESTER, N.H., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today that President & Chief Executive Officer, Ravi Vig, will participate in a Fireside Chat at the 23rd Annual Needham Virtual Growth Conference on January 13, 2021 at 10:45 a.m. Eastern time.
  • 01/04/2021

3 New Stocks to Buy That Will Keep Surging in 2021

  • These new stocks to buy belong to companies with massive growth potential and are likely to breakthrough with improved sentiment next year. The post 3 New Stocks to Buy That Will Keep Surging in 2021 appeared first on InvestorPlace.
  • 12/08/2020

Allegro MicroSystems to Participate in Barclays Investor Conference

  • MANCHESTER, N.H., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today President & Chief Executive Officer, Ravi Vig, will participate in Barclays Global Technology, Media and Telecommunications Conference. The event will take place virtually on December 9, 2020, where Mr. Vig will participate in a fireside chat at 9:30a.m. Eastern time.
  • 12/02/2020

U.S. IPO Week Ahead: The IPO Market Takes A Break During The Shortened Holiday Week

  • The IPO market is taking a break during the shortened Thanksgiving week, with just one IPO and two SPACs scheduled to raise $900 million. Russian e-commerce company Ozon Holdings plans to raise $750 million at a $4.4 billion market cap.
  • 11/22/2020

CORRECTION – Allegro MicroSystems Announces Results for the Second Fiscal Quarter Ended September 25, 2020

  • --Strong Growth and Solid Operating Results-- MANCHESTER, N.H., Nov. 19, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Allegro MicroSystems, Inc. (Nasdaq:ALGM), please note that the balance sheet line items for Total current liabilities, Related party notes payable, less current portion, Other long-term liabilities and Total liabilities reported incorrect amounts for both the current and prior period. The corrected release follows:
  • 11/19/2020

Allegro MicroSystems Announces Results for the Second Fiscal Quarter Ended September 25, 2020

  • --Strong Growth and Solid Operating Results-- MANCHESTER, N.H., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second fiscal quarter ended September 25, 2020. Total net sales for the three-month period ended September 25, 2020 was $136.6 million, an increase of 18.8% from the prior quarter, demonstrating strong revenue recovery.
  • 11/19/2020

Allegro MicroSystems, Inc. to Announce Second Quarter Fiscal Year 2021 Financial Results on Thursday, November 19, 2020

  • MANCHESTER, N.H., Nov. 11, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal year 2020 prior to the market opening on Thursday, November 19, 2020. Following the press release, the Company will host a conference call at 8:30AM Eastern time, the same day. Ravi Vig, President and Chief Executive Officer, Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer will discuss ALGM's results.
  • 11/11/2020

Allegro MicroSystems Appoints Christine King to its Board of Directors

  • MANCHESTER, N.H., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced the appointment of Christine King to its Board of Directors and Audit Committee, effective October 28, 2020.
  • 11/04/2020

Allegro MicroSystems: Relative Appeal, Requires Great Execution

  • Allegro MicroSystems has seen a solid public debut. This industrial and automotive semi play looks well positioned, but sees softer margins and slower growth track record than peers.
  • 11/02/2020
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