Allegro MicroSystems, Inc. (ALGM)Technology | Semiconductors | Manchester, United States | NasdaqGS
35.77 USD
-1.82
(-4.842%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 35.70 -0.07 (-0.070%) ⇩ (Aug. 28, 2026, 7:50 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:29 a.m. EDT
The narrative here is a classic case of a turnaround story fighting through a valuation ceiling. Fundamentally, the company is delivering exactly what the bulls want: revenue is surging 27.5%, and profitability has returned with margins expanding. The balance sheet is rock-solid with a current ratio of 3.7 and manageable debt, providing ample runway for this growth phase. However, the market remains skeptical, evidenced by the astronomical trailing P/E of 530x, which reflects the fear that these earnings are a one-time blip rather than a new normal. The price action confirms this tension; despite beating estimates, the stock is still trading well below its 50-day average, indicating that the recent rally hasn't fully convinced the broader market yet. For the short term, the setup looks constructive. The stock has stabilized after a recent dip, and the options chain shows aggressive buying of calls at the $55-$60 strikes, implying a belief that the earnings beat will trigger a relief rally. The heavy put wall at $40 acts as a safety net, limiting downside risk if the initial pop fades. This creates a favorable risk/reward profile for a tactical entry. Long-term, the thesis hinges entirely on the sustainability of this 27% revenue growth. If the company can maintain this trajectory, the current valuation is a bargain, and the stock could re-rate significantly as the P/E compresses. However, the lack of a dividend and the persistent skepticism from analysts suggest the road ahead is bumpy. It is a high-conviction growth play for those who believe in the semiconductor cycle recovery, but it lacks the defensive characteristics of a core holding. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.281902 |
| AutoARIMA | 0.288662 |
| MSTL | 0.291236 |
| AutoTheta | 0.299683 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 8.72 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.293 |
| Excess Kurtosis | -0.19 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 31.472 |
| Revenue per Share | 5.104 |
| Market Cap | 6,667,601,408 |
| Trailing P/E | 511.00 |
| Forward P/E | 23.84 |
| Beta | 1.94 |
| Profit Margins | 1.50% |
| Website | https://www.allegromicro.com |
As of Aug. 22, 2026, 3:29 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. In the near term (August expiration), there is a massive wall of put open interest at the $40 strike, suggesting a heavy defense level against further downside, while call volume spikes at $55-$60 indicate a target for upside momentum. However, the deep-dated options landscape reveals a stark divergence: February 2027 sees an overwhelming concentration of put open interest at the $32.50 strike, creating a 'floor' significantly below current prices, whereas the corresponding call side is nearly empty. This structure suggests traders view the current price as vulnerable to a significant drop toward the $32 range in the medium term, despite the immediate catalysts driving a short-term bounce.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.23245907 |
| Address1 | 955 Perimeter Road |
| All Time High | 71.77 |
| All Time Low | 16.38 |
| Ask | 38.58 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Analyst Rating | 1.3 - Strong Buy |
| Average Daily Volume10 Day | 2,063,690 |
| Average Daily Volume3 Month | 2,779,464 |
| Average Volume | 2,779,464 |
| Average Volume10Days | 2,063,690 |
| Beta | 1.936 |
| Bid | 32.73 |
| Bid Size | 2 |
| Board Risk | 6 |
| Book Value | 5.175 |
| City | Manchester |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 5 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 35.77 |
| Current Ratio | 3.703 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 37.51 |
| Day Low | 35.58 |
| Debt To Equity | 31.472 |
| Display Name | Allegro MicroSystems |
| Earnings Call Timestamp End | 1,785,414,600 |
| Earnings Call Timestamp Start | 1,785,414,600 |
| Earnings Timestamp | 1,785,414,600 |
| Earnings Timestamp End | 1,793,277,000 |
| Earnings Timestamp Start | 1,793,277,000 |
| Ebitda | 134,876,992 |
| Ebitda Margins | 0.14259 |
| Enterprise To Ebitda | 50.5 |
| Enterprise To Revenue | 7.201 |
| Enterprise Value | 6,811,265,024 |
| Eps Current Year | 1.02772 |
| Eps Forward | 1.50016 |
| Eps Trailing Twelve Months | 0.07 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 48.1454 |
| Fifty Day Average Change | -12.375401 |
| Fifty Day Average Change Percent | -0.25704223 |
| Fifty Two Week Change Percent | 23.245907 |
| Fifty Two Week High | 71.77 |
| Fifty Two Week High Change | -35.999996 |
| Fifty Two Week High Change Percent | -0.5016023 |
| Fifty Two Week Low | 22.41 |
| Fifty Two Week Low Change | 13.360001 |
| Fifty Two Week Low Change Percent | 0.59616244 |
| Fifty Two Week Range | 22.41 - 71.77 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,603,978,200,000 |
| Float Shares | 125,036,628 |
| Forward Eps | 1.50016 |
| Forward P E | 23.844124 |
| Free Cashflow | 103,498,872 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 4,250 |
| Fullday Change | -1.82 |
| Fullday Change Percent | -4.84171 |
| Fullday Price | 35.7 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.47375 |
| Gross Profits | 448,137,984 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.3254 |
| Held Percent Institutions | 0.80561996 |
| Implied Shares Outstanding | 186,402,046 |
| 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 | 6,667,601,408 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_4245259 |
| Most Recent Quarter | 1,782,432,000 |
| Net Income To Common | 14,201,000 |
| Next Fiscal Year End | 1,806,105,600 |
| Non Diluted Market Cap | 7,006,852,909 |
| Number Of Analyst Opinions | 12 |
| Open | 37.51 |
| Operating Cashflow | 123,440,000 |
| Operating Margins | 0.09824 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Phone | 603 626 2300 |
| Post Market Change | -0.069999695 |
| Post Market Change Percent | -0.19569387 |
| Post Market Price | 35.7 |
| Post Market Time | 1,787,961,016 |
| Previous Close | 37.59 |
| Price Eps Current Year | 34.805202 |
| Price Hint | 2 |
| Price To Book | 6.912077 |
| Price To Sales Trailing12 Months | 7.048696 |
| Profit Margins | 0.01501 |
| Quick Ratio | 1.989 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.33333 |
| Region | US |
| Regular Market Change | -1.82 |
| Regular Market Change Percent | -4.84171 |
| Regular Market Day High | 37.51 |
| Regular Market Day Low | 35.58 |
| Regular Market Day Range | 35.58 - 37.51 |
| Regular Market Open | 37.51 |
| Regular Market Previous Close | 37.59 |
| Regular Market Price | 35.77 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 2,145,605 |
| Return On Assets | 0.02974 |
| Return On Equity | 0.015269999 |
| Revenue Growth | 0.275 |
| Revenue Per Share | 5.104 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 186,402,046 |
| Shares Percent Shares Out | 0.0531 |
| Shares Short | 9,893,658 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 12,560,242 |
| Short Name | Allegro MicroSystems, Inc. |
| Short Percent Of Float | 0.100600004 |
| Short Ratio | 4.57 |
| Source Interval | 15 |
| State | NH |
| Symbol | ALGM |
| Target High Price | 62.0 |
| Target Low Price | 48.0 |
| Target Mean Price | 54.83333 |
| Target Median Price | 55.0 |
| Total Cash | 162,028,992 |
| Total Cash Per Share | 0.869 |
| Total Debt | 304,007,008 |
| Total Revenue | 945,934,016 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.07 |
| Trailing P E | 511.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 39.115376 |
| Two Hundred Day Average Change | -3.345375 |
| Two Hundred Day Average Change Percent | -0.08552583 |
| Type Disp | Equity |
| Volume | 2,145,605 |
| Website | https://www.allegromicro.com |
| Zip | 3,103 |