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Allegro MicroSystems, Inc. (ALGM)

Technology | Semiconductors | Manchester, United States | NasdaqGS
50.86 USD -4.02 (-7.317%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:03 a.m. EDT

The immediate outlook is bullish, driven by a perfect convergence of technical momentum and speculative capital flow. The stock has broken out of a significant consolidation zone, with the price action over the last two weeks showing aggressive buying pressure that pushed shares well above the 50-day average. This is confirmed by the options market, where traders are building a heavy wall of call contracts at the $60 strike, effectively creating a self-fulfilling target for the next leg up. While the statistical forecasting models remain weak due to recent volatility, the fundamental story is compelling: revenue growth is accelerating at 26%, operating margins have recovered to healthy levels, and the company is successfully pivoting toward high-growth sectors like robotics and EVs. The balance sheet remains robust with strong free cash flow, supporting the thesis that this is a genuine inflection point rather than a bubble. However, investors should note the lack of a dividend yield entirely, making this purely a growth and momentum play. The risk lies in the high beta and the fact that the stock is trading at a premium valuation, but the current setup suggests the market is ready to reward the execution on these new product cycles.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_115 ✓0.192189
MSTL_790.248288
MSTL_1150.262237
MSTL0.346638
AutoARIMA0.349499
AutoETS0.357610
AutoTheta0.357751

Forecast horizon: 60 days | Selected: MSTL_79_115

Forecast Reliability
Score 34%
H-stat 7.67
Ljung-Box p 0.000
Jarque-Bera p 0.018
Excess Kurtosis 0.18
Attribute Value
Sector Technology
Debt to Equity Ratio 31.984
Revenue per Share 4.81
Market Cap 9,474,747,392
Forward P/E 34.19
Beta 1.90
Profit Margins -1.67%
Website https://www.allegromicro.com

As of July 11, 2026, 6:03 a.m. EDT: Speculators are aggressively positioning for a breakout above $60, evidenced by massive open interest walls at the $60 and $65 strikes for near-term expirations. Call volume significantly outweighs put volume in the front month, while deep out-of-the-money puts show inflated implied volatility, suggesting a 'long gamma' setup where sellers are hedging against a sharp drop but buyers are betting on a rally. The skew favors upside momentum over downside protection.


Info Dump

Attribute Value
52 Week Change 0.49918032
Address1 955 Perimeter Road
All Time High 71.77
All Time Low 16.38
Ask 54.56
Ask Size 2
Audit Risk 2
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 5,100,010
Average Daily Volume3 Month 2,951,536
Average Volume 2,951,536
Average Volume10Days 5,100,010
Beta 1.897
Bid 47.56
Bid Size 2
Board Risk 6
Book Value 5.151
City Manchester
Compensation As Of Epoch Date 1,798,675,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 50.855
Current Ratio 3.451
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 52.62
Day Low 50.155
Debt To Equity 31.984
Display Name Allegro MicroSystems
Earnings Call Timestamp End 1,785,441,600
Earnings Call Timestamp Start 1,785,441,600
Earnings Timestamp 1,785,414,600
Earnings Timestamp End 1,785,414,600
Earnings Timestamp Start 1,785,414,600
Ebitda 106,029,000
Ebitda Margins 0.119119994
Enterprise To Ebitda 90.628
Enterprise To Revenue 10.796
Enterprise Value 9,609,197,568
Eps Current Year 1.02591
Eps Forward 1.4876
Eps Trailing Twelve Months -0.08
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 51.2123
Fifty Day Average Change -0.3572998
Fifty Day Average Change Percent -0.006976836
Fifty Two Week Change Percent 49.91803
Fifty Two Week High 71.77
Fifty Two Week High Change -20.914997
Fifty Two Week High Change Percent -0.291417
Fifty Two Week Low 22.41
Fifty Two Week Low Change 28.445
Fifty Two Week Low Change Percent 1.2692994
Fifty Two Week Range 22.41 - 71.77
Financial Currency USD
First Trade Date Milliseconds 1,603,978,200,000
Float Shares 124,917,990
Forward Eps 1.4876
Forward P E 34.185936
Free Cashflow 149,962,128
Full Exchange Name NasdaqGS
Full Time Employees 4,250
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.46493
Gross Profits 413,830,016
Has Pre Post Market Data 1
Held Percent Insiders 0.32564998
Held Percent Institutions 0.76152
Implied Shares Outstanding 186,309,064
Industry Semiconductors
Industry Disp Semiconductors
Industry Key semiconductors
Ipo Expected Date 2,020-10-29
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,774,569,600
Long Business Summary Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. The company serves automotive and industrial markets, including advanced industrial markets such as AI data centers, robotics, and energy infrastructure sectors. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.
Long Name Allegro MicroSystems, Inc.
Market us_market
Market Cap 9,474,747,392
Market State PRE
Max Age 86,400
Message Board Id finmb_4245259
Most Recent Quarter 1,774,569,600
Net Income To Common -14,897,000
Next Fiscal Year End 1,806,105,600
Non Diluted Market Cap 9,474,747,449
Number Of Analyst Opinions 11
Open 52.0
Operating Cashflow 163,068,992
Operating Margins 0.10428
Overall Risk 6
Payout Ratio 0.0
Phone 603 626 2300
Pre Market Change 1.1549988
Pre Market Change Percent 2.2711608
Pre Market Price 52.01
Pre Market Time 1,784,024,420
Previous Close 54.87
Price Eps Current Year 49.570625
Price Hint 2
Price To Book 9.87284
Price To Sales Trailing12 Months 10.644635
Profit Margins -0.01674
Quick Ratio 1.944
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.27273
Region US
Regular Market Change -4.015
Regular Market Change Percent -7.31729
Regular Market Day High 52.62
Regular Market Day Low 50.155
Regular Market Day Range 50.155 - 52.62
Regular Market Open 52.0
Regular Market Previous Close 54.87
Regular Market Price 50.855
Regular Market Time 1,783,972,801
Regular Market Volume 1,535,757
Return On Assets 0.016929999
Return On Equity -0.0155299995
Revenue Growth 0.261
Revenue Per Share 4.81
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 186,309,064
Shares Percent Shares Out 0.083100006
Shares Short 15,481,075
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 11,930,842
Short Name Allegro MicroSystems, Inc.
Short Percent Of Float 0.1575
Short Ratio 4.54
Source Interval 15
State NH
Symbol ALGM
Target High Price 67.0
Target Low Price 48.0
Target Mean Price 56.54545
Target Median Price 55.0
Total Cash 168,752,992
Total Cash Per Share 0.906
Total Debt 305,912,000
Total Revenue 890,096,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.08
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 36.6783
Two Hundred Day Average Change 14.176701
Two Hundred Day Average Change Percent 0.38651466
Type Disp Equity
Volume 1,535,757
Website https://www.allegromicro.com
Zip 3,103