ALGM

Allegro MicroSystems, Inc.
  • Technology
  • Semiconductors
  • $6.76B market cap
Forecast run · Sep 14, 2026Upside rank 791 of 3,136

Model Signal

ForecastQ Daily Probabilities
49.1%
30.7%
27.9%

Analyst Consensus

Recommendation2.08/5 Buy
Last price$36.31
Price target$56.17
Implied move+54.7%
Analysts13

ForecastQ Portfolios

ALGM is not in any ForecastQ portfolio today. The model scores it with every run; the names it picked are in Portfolios.

Company Profile

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.

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