Allegro MicroSystems

Allegro MicroSystems, Inc. develops and is a fabless manufacturer of sensor integrated circuits (“ICs”) and application-specific analog power ICs. Its sensor ICs enable customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor driver, power management and light emitting diode (“LED”) driver ICs. The company was founded on March 30, 2013 and is headquartered in Manchester, NH.

Earnings data Q4 2021

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Allegro MicroSystems reports record Q4 sales, anticipates growth opportunities

Allegro MicroSystems delivered strong financial performance in Q4, driven by robust sales in strategic growth areas and the industrial market. While facing short-term challenges in Japan and potential demand fluctuations, the company remains focused on long-term growth and anticipates increased sales in strategic sectors.

Allegro MicroSystems Achieves Record Sales and Drives Innovation in E-Mobility

Allegro MicroSystems delivered exceptional Q1 results, driven by robust sales in e-Mobility and the Industrial market. The company's focus on innovation and sustainability positions them well for future growth. However, managing the transition to industry standard lead times and backlog moderation will be critical.

Allegro MicroSystems reports record Q3 earnings and outlines growth plans

Allegro MicroSystems delivered exceptional financial performance in Q3, with strong sales growth, expanded margins, and increased earnings per share. The company is strategically positioned to benefit from the booming e-Mobility market and industrial sector growth. Challenges lie in maintaining supply chain improvements and executing expansion plans effectively.

Allegro MicroSystems posts record Q4 sales, eyes growth in e-mobility

Allegro MicroSystems delivered robust financial performance in Q4 2023, driven by strong sales growth in strategic sectors and innovative product offerings.
The company's focus on e-mobility and clean energy markets, coupled with a clear vision for future growth, positions it well for continued success.
While facing challenges in competitive markets, Allegro's commitment to R&D and customer-centric approach presents opportunities for sustained growth and market leadership.

Allegro MicroSystems reports record Q1 earnings, eyes e-mobility growth

Allegro MicroSystems delivered exceptional Q1 results, driven by robust sales growth and profitability. While facing challenges in the China market, the company is well-positioned to capitalize on opportunities in e-mobility and industrial sectors, supported by innovative product launches and sustainability initiatives.

Allegro MicroSystems excels in Q2 with e-mobility driving growth

Allegro MicroSystems' Q2 performance reflects strong sales growth driven by e-mobility and clean energy sectors. While facing challenges in industrial sales and supply chain concerns, the company remains focused on leveraging opportunities in the electrification and automation markets.

Allegro MicroSystems exceeds Q3 earnings, eyes e-mobility growth opportunities

Allegro MicroSystems delivered a strong Q3 performance, surpassing earnings expectations and demonstrating resilience in key growth areas. While facing challenges related to inventory dynamics, the company is well-positioned to capitalize on opportunities in e-mobility, localization, and product expansion. With a solid financial foundation and strategic initiatives in place, Allegro MicroSystems is poised for continued growth and innovation.

Allegro MicroSystems beats Q4 expectations, eyes growth in e-Mobility

Allegro MicroSystems delivered strong financial performance in Q4 and fiscal 2024, exceeding revenue and EPS guidance with record annual sales and design wins.
Despite short-term challenges in sales decline and pricing support concerns, the company is strategically positioned for future growth with innovative product launches and cost management.
Anticipating sequential growth in Q2 and a return to normal ordering patterns in Automotive, Allegro MicroSystems is poised for revenue recovery and market expansion.
With a focus on key growth areas and efficient resource allocation, the company aims to drive long-term growth and capitalize on opportunities in emerging markets.

Allegro MicroSystems beats Q1 sales, eyes growth amid challenges

Allegro MicroSystems delivered strong Q1 financial performance, exceeding sales expectations and showcasing solid margins and profitability.
With a focus on reducing inventory, launching new products, and securing design wins, Allegro is well-positioned for growth in automotive and industrial sectors.
Despite facing challenges in margin maintenance and shareholder integration, Allegro's outlook for Q2 2025 and strategic conference attendance offer promising opportunities for expansion.

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Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. Its sensor ICs enable customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor driver, power management and light emitting diode driver ICs. The company was founded on March 30, 2013 and is headquartered in Manchester, NH.

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

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.

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

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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.

Allegro MicroSystems: I Am Not Investing Due To Valuation

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

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

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).

Allegro MicroSystems to Present at Nasdaq's London Investor Conference

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.

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

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

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

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.

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

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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.

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

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

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.

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

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.

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

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.

Allegro MicroSystems Beats Quarterly Targets On Strong Auto Chip Sales

--  Fourth Quarter Sales increased by 35% and GAAP Earnings Per Share (EPS) increased by 138% Year-over-Year -- -- Annual Sales increased by 27% and GAAP EPS increased by 56% Year-over-Year --

Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2023 Results

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

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

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MANCHESTER, N.H., April 20, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2023 on Wednesday, May 10, 2023 after the market close. Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President and Chief Financial Officer, will host a conference call to discuss the Company's results and business outlook on Thursday, May 11, 2023 at 8:30 a.m. Eastern Time.

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