Allegro MicroSystems(ALGM)
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Allegro MicroSystems(ALGM) - 2026 Q3 - Earnings Call Presentation
2026-01-29 13:30
3QFY26 Investor Presentation Forward-looking statements This presentation and the accompanying oral remarks contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward- looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of ...
Allegro MicroSystems(ALGM) - 2026 Q3 - Quarterly Results
2026-01-29 12:06
Exhibit 99.1 Allegro MicroSystems Reports Third Quarter 2026 Results Sales Increased 29% Year-Over-Year and 7% Quarter-Over-Quarter to $229 Million Business Outlook For the fourth quarter of fiscal year 2026 ending March 27, 2026, the Company expects total net sales to be in the range of $230 million to $240 million. At the midpoint of this range, it implies growth in net sales of 22% year-over-year. The Company also estimates the following results on a non-GAAP basis: "Earlier this month, we repriced our t ...
Allegro MicroSystems Reports Third Quarter 2026 Results
Globenewswire· 2026-01-29 12:00
MANCHESTER, N.H., Jan. 29, 2026 (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 third quarter ended December 26, 2025. “We delivered strong third quarter results, with sales of $229 million exceeding the high end of our guidance range. Additionally, non-GAAP EPS more than doubled year-over-year to $0.15. This perfo ...
Allegro MicroSystems price target raised to $39 from $36 at BofA
Yahoo Finance· 2026-01-22 12:25
Core Viewpoint - Bank of America analyst Vivek Arya has increased the price target for Allegro MicroSystems (ALGM) to $39 from $36 while maintaining a Buy rating on the shares, indicating positive sentiment towards the company's stock performance [1] Group 1: Price Target and Ratings - The price target for Allegro MicroSystems has been raised to $39 from $36 [1] - The firm maintains a Buy rating on Allegro MicroSystems shares, reflecting confidence in the company's future performance [1] Group 2: Market Trends and Expectations - The firm has raised price targets for most of its diversified analog semiconductor stock coverage, suggesting a positive outlook for the sector [1] - Expectations for modest calendar Q4 beats and Q1 raises are noted, particularly driven by industrial semiconductors [1] - Ongoing rebounds across most subsegments, favorable pricing, and robust growth in strategic AI businesses are contributing factors to the positive outlook [1]
Allegro MicroSystems to Host Analyst Day on February 18, 2026
Globenewswire· 2026-01-13 14:00
Core Insights - Allegro MicroSystems, Inc. will host an Analyst Day on February 18, 2026, in Boston, MA, focusing on the company's strategy and growth opportunities [1][2] - The event will feature presentations from Allegro's executive leadership team, highlighting product and technology differentiators, as well as the target financial model [2] - The Analyst Day will be a hybrid event, allowing for limited in-person participation by invitation only, alongside live virtual attendance via webcast [2] Company Overview - Allegro MicroSystems is a leader in power and sensing semiconductor solutions, with over three decades of expertise in magnetic sensing and power ICs [4] - The company aims to enhance efficiency, performance, and sustainability in automotive, clean energy, and industrial automation sectors [4] - Allegro is recognized for its commitment to quality and its pioneering role in "automotive grade" technology, positioning itself as a partner in customer success [4]
Allegro MicroSystems to Announce Third Quarter Fiscal Year 2026 Financial Results
Globenewswire· 2026-01-08 13:00
Core Viewpoint - Allegro MicroSystems, Inc. is set to release its financial results for the third quarter of fiscal year 2026 on January 29, 2026, prior to market opening, followed by a conference call to discuss the results and business outlook [1]. Group 1: Financial Results Announcement - The financial results for the third quarter of fiscal year 2026 will be announced before the market opens on January 29, 2026 [1]. - A conference call will be hosted by the President and CEO, Mike Doogue, and the Executive Vice President and CFO, Derek D'Antilio, at 8:30 a.m. Eastern Time on the same day [1]. Group 2: Conference Call Details - Analysts and investors can join the conference call on January 29, 2026, at 8:30 a.m. ET [2]. - Advanced registration is required for dial-in participants to receive a dial-in number and dedicated PIN [2]. Group 3: Webcast Information - A live and archived audio webcast of the conference call will be available for at least 90 days on the company's website in the Events & Presentations section [3]. Group 4: Company Overview - Allegro MicroSystems leverages over three decades of expertise in magnetic sensing and power ICs to advance automotive, clean energy, and industrial automation [4]. - The company focuses on enhancing efficiency, performance, and sustainability, reinforcing its status as a pioneer in "automotive grade" technology [4].
Allegro MicroSystems (ALGM) Surges 10.8%: Is This an Indication of Further Gains?
ZACKS· 2026-01-07 13:06
Group 1 - Allegro MicroSystems, Inc. (ALGM) shares increased by 10.8% to close at $31.53, driven by higher trading volume compared to typical sessions, despite a 1% loss over the past four weeks [1] - The growth in automotive and data center revenues is attributed to advancements in AI-led server architectures and e-mobility solutions [1] - The company is expected to report quarterly earnings of $0.14 per share, reflecting a year-over-year increase of 100%, with revenues projected at $224.41 million, up 26.2% from the previous year [2] Group 2 - The consensus EPS estimate for Allegro MicroSystems has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [3] - Allegro MicroSystems holds a Zacks Rank of 3 (Hold) within the Zacks Electronics - Semiconductors industry [4] - Another company in the same industry, Nova Ltd. (NVMI), closed 2.2% higher at $391.31, with a 15% return over the past month [4]
Microchip Technology, Alumis, Terrestrial Energy, Bright Minds Biosciences And Other Big Stocks Moving Higher On Tuesday - Aeva Technologies (NASDAQ:AEVA), Albemarle (NYSE:ALB)
Benzinga· 2026-01-06 15:07
Group 1: Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 100 points on Tuesday [1] - Microchip Technology Inc's shares rose significantly after the company revised its fiscal third-quarter revenue expectations upward [1] Group 2: Microchip Technology Inc - Microchip now anticipates third-quarter fiscal 2026 net sales of approximately $1.185 billion, surpassing its previous guidance range of $1.109 billion to $1.149 billion [2] - The stock price of Microchip Technology increased by 8.1%, reaching $72.47 on Tuesday following the announcement [2] Group 3: Other Notable Stock Movements - Alumis Inc saw a remarkable 129% increase in its stock price to $19.04 after positive trial results for envudeucitinib [3] - Aeva Technologies Inc's stock rose by 31.5% to $17.21 due to its technology being selected for NVIDIA's autonomous vehicle platform [3] - Terrestrial Energy Inc's shares increased by 26.9% to $8.87 after securing an agreement with the U.S. Department of Energy [3] - Bright Minds Biosciences Inc gained 25% to $100.00 following successful Phase 2 trial results [3] - OneStream Inc's stock rose by 25.1% to $23.00 amid reports of a potential buyout [3] - Other companies such as SanDisk Corp, Beam Therapeutics Inc, and Albemarle Corp also recorded significant stock price increases [3]
Allegro MicroSystems added to Q1 Tactical Ideas List at Wells Fargo
Yahoo Finance· 2026-01-06 13:37
Core Viewpoint - Wells Fargo analyst Joe Quatrochi has added Allegro MicroSystems (ALGM) to the firm's Q1 2026 Tactical Ideas List, indicating a positive outlook for the company [1] Group 1: Financial Performance - Wells Fargo expects positive Q4 2025 EPS, suggesting continued improvement in leading indicators as inventory and sell-through dynamics normalize [1] Group 2: Analyst Insights - The firm anticipates that Allegro's upcoming analyst day will serve as a positive catalyst for the shares, highlighting potential content gain opportunities [1] - Wells Fargo maintains an Overweight rating on Allegro MicroSystems shares with a price target of $40 [1]
Altimmune, GH Research, Gyre Therapeutics And Other Big Stocks Moving Higher On Monday - Aduro Clean Technologies (NASDAQ:ADUR), Allegro Microsystems (NASDAQ:ALGM)
Benzinga· 2026-01-05 15:09
Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by over 500 points on Monday [1] Company Highlights - Altimmune Inc (NASDAQ:ALT) saw a significant increase of 23.6%, reaching $4.34, following the FDA's grant of Breakthrough Therapy Designation for Pemvidutide in MASH [1] - GH Research PLC (NASDAQ:GHRS) surged by 33.8% to $17.72 after the FDA lifted the clinical hold on its Investigational New Drug Application for GH001 [2] - Vicor Corp (NASDAQ:VICR) rose by 20.7% to $141.08 [2] - Critical Metals Corp (NASDAQ:CRML) increased by 19.6% to $9.71 [2] - Kosmos Energy Ltd (NYSE:KOS) gained 19.3% to $1.06 after issuing an operational and financial update [2] - TRON Inc (NASDAQ:TRON) increased by 16.9% to $1.59 [2] - Nuscale Power Corp (NYSE:SMR) rose by 15.7% to $18.88 [2] - Regencell Bioscience Holdings Ltd (NASDAQ:RGC) increased by 15.4% to $23.71 [2] - Rayonier Advanced Materials Inc (NYSE:RYAM) gained 14.1% to $6.68, with the appointment of Scott M. Sutton as President and CEO [2] - Aduro Clean Technologies Inc (NASDAQ:ADUR) rose by 14% to $12.05 [2] - Gyre Therapeutics Inc (NASDAQ:GYRE) increased by 12.7% to $7.67, announcing alignment with China's CDE on conditional approval pathway for hydronidone [2] - Endeavour Silver Corp (NYSE:EXK) gained 12.5% to $10.16 [2] - Allegro MicroSystems Inc (NASDAQ:ALGM) surged by 11.9% to $30.12 [2] - United States Antimony Corp (NYSE:UAMY) rose by 11.7% to $6.69 [2] - Oklo Inc (NYSE:OKLO) gained 11.5% to $86.82 [2] - Figure Technology Solutions Inc (NASDAQ:FIGR) increased by 11.3% to $48.66 [2] - Valero Energy Corp (NYSE:VLO) rose by 9.6% to $181.21 [2] - AeroVironment, Inc. (NASDAQ:AVAV) increased by 8.6% to $278.31 [2] - Coeur Mining Inc (NYSE:CDE) gained 8.5% to $19.05 [2] - Halliburton Co (NYSE:HAL) rose by 7.8% to $31.92, with U.S. energy stocks trading higher amid news of potential investments in Venezuela's oil industry [2] - Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) gained 7.7% to $85.39 [2] - Slb NV (NYSE:SLB) increased by 7.4% to $43.19 [2] - Amkor Technology Inc (NASDAQ:AMKR) rose by 7.3% to $46.05, with Needham analyst Charles Shi maintaining a Buy rating and raising the price target from $37 to $50 [2]