ALGM Allegro Microsystems Inc
Company Analysis
Latest News
🟢 Allegro Microsystems is trading 4.2% up today as chip sector rebounds on Intel AI news
Allegro Microsystems is trading 4.2% up at $53.00 in pre-market action, rebounding after the stock fell approximately 4–7% over the last two sessions due to...
🔴 Allegro Microsystems is trading 4.4% down today as investors take profits in chip stocks
Allegro Microsystems is trading 4.4% down now at $52.48 as investors rotate out of richly valued chip names following a sharp recent rally and profit-taking in...
🔴 Allegro Microsystems is trading 4.2% down today amid a broader semiconductor sector pullback
Allegro Microsystems is trading 4.2% down at $52.56 in pre-market as high-flying semiconductor names face a continued pullback following a sharp rally and...
🔴 Allegro Microsystems is trading 4.6% down today amid semiconductor sector profit-taking
Allegro Microsystems is trading 4.6% down today at $54.72 amid sector-wide profit-taking in semiconductors following a sharp multi-day rally. • Shares are...
🟢 Allegro Microsystems is trading 10.6% up
Allegro Microsystems is trading at $56.90, up 10.6% from a comparison close of $51.47 during regular trading. This is a price-action follow-up, so a separate...
🟢 Allegro Microsystems is trading 6% up today on strong growth outlook and semiconductor sector momentum
Allegro Microsystems is trading 6% up at $54.53 as investors continue to embrace its strong growth outlook and recent semiconductor sector momentum. • The...
🔴 ALGM makes sharp 10.2% drop
ALGM is trading at $50.78, down 10.2% versus the comparison close of $56.56 during regular trading. This is a price-movement alert; no separate...
🔴 ALGM is trading 5.2% down today on profit-taking following a recent analyst-driven rally
ALGM is trading 5.2% down at $53.60 as the stock pulls back from a recent analyst-driven rally and reacts to ongoing volatility in the semiconductor sector. •...
🔴 ALGM is trading 4.2% down today as it pulls back from recent gains amid chip sector volatility
ALGM is trading at $54.19 (4.2% down) as the stock pulls back following a recent sharp rally and ongoing volatility across the semiconductor sector. • The...
🔴 ALGM makes sharp 10.1% drop
ALGM is trading at $56.80, down 10.1% versus the comparison close of $63.20 during regular trading. This is a price-movement alert; no separate...
🔴 ALGM extends move to 5.8% down
ALGM is trading at $59.51, down 5.8% versus the comparison close of $63.20 during regular trading. This is a price-movement alert; no separate company-specific...
🔴 ALGM extends move to 6.7% down
ALGM is trading at $64.98, down 6.7% versus the comparison close of $69.62 during regular trading. This is a price-movement alert; no separate company-specific...
🔴 ALGM is trading 4.5% down today on profit-taking after AI-fueled rally
ALGM is trading 4.5% down at $66.50 as investors lock in gains following a sharp multi-day rally driven by bullish analyst sentiment and AI-related...
🟢 ALGM is trading 4.3% up today after Mizuho and TD Cowen raise price targets
ALGM is trading at $72.60 (+4.28%) in after-hours trading, extending a multi-day rally. • The surge follows Mizuho and TD Cowen raising their price targets on...
🟢 ALGM extends move to 5.2% up
ALGM is trading at $69.83, up 5.2% versus the comparison close of $66.37 during regular trading. This is a price-movement alert; no separate company-specific...
🟢 ALGM surges on Mizuho price target hike, driven by strong AI data center demand and automotive growth
• Mizuho raised its price target for Allegro MicroSystems to $67 from $54 on June 29, 2026, maintaining an "Outperform" rating. • The hike is fueled by...
🟢 ALGM makes sharp 10.1% jump
ALGM is trading at $63.72, up 10.1% versus the comparison close of $57.89 during regular trading. This is a price-movement alert; no separate company-specific...
🟢 ALGM extends move to 7.1% up
ALGM is trading at $61.98, up 7.1% versus the comparison close of $57.89 during regular trading. This is a price-movement alert; no separate company-specific...
🟢 ALGM Surges 4.4% Driven by Mizuho Price Target Hike and Russell Index Inclusion
ALGM is trading 4.4% up at $60.45 following strong analyst sentiment and its inclusion in key Russell indices. • Mizuho raised its price target to $67 from...
🔴 ALGM is trading 4.4% down today as profit-taking and sector pressure cool its post-earnings rally
ALGM is trading at $57.49 (4.4% down) as the stock pulls back from a sharp multi-day rally driven by strong fiscal 2026 results and a recent analyst...