Allegro MicroSystems (ALGM) To Release its FQ2 2026 Results on October 30, Here’s What to Expect

Core Insights - Allegro MicroSystems, Inc. (NASDAQ:ALGM) is recognized as one of the best small-cap EV stocks to buy according to analysts, with a positive outlook ahead of its fiscal second quarter results for 2026, scheduled for release on October 30, 2025 [1] Financial Performance - In the fiscal first quarter of 2026, Allegro MicroSystems reported revenue of $203.41 million, reflecting a year-over-year growth of 21.86%, surpassing expectations by $5.18 million [2] - The earnings per share (EPS) for the same quarter was $0.09, exceeding consensus estimates by $0.01 [2] - For the upcoming second quarter, management anticipates net sales to be between $205 million and $215 million, indicating a midpoint growth of 12% year-over-year [2] - Gross margins are expected to remain robust, projected between 48% and 50% [2] Analyst Ratings - Thomas O'Malley from Barclays has reiterated a Buy rating on Allegro MicroSystems with a price target of $30 [3] - Joshua Buchalter from TD Cowen also maintained a Buy rating, setting a price target of $37 [3] Company Overview - Allegro MicroSystems is a technology company specializing in power and sensing semiconductor solutions aimed at motion control and energy-efficient systems [3]