Allegro Microsystems (ALGM) Stock News
$ALGM · NASDAQ · TECHNOLOGY · 2 stories in 30 daysBORSA has published 2 stories on Allegro Microsystems (ALGM) in the past 30 days. BORSA’s news read on ALGM is bullish at 67/100, −1 over 24 hours, based on 2 company events over the past 7 days. ALGM last closed at $33.03 on Oct 29, up 4.23% over five sessions and down 9.13% over the past month. Allegro Microsystems last reported quarterly results on Jul 30, 2026, for the quarter ended Jun 30, 2026.
The wire on $ALGM
newest first · updated · direct subject stories onlyUBS lowered its price target on Allegro MicroSystems to $48.00 per share, down from $50.00.
neutral 50 · impact 20Allegro Microsystems beat Q2 estimates on revenue and EPS. Q3 revenue guidance is above consensus. Design wins hit a record since IPO, up nearly 40% YoY. Automotive revenue rose 11%; industrial revenue surged 79%. The company repaid $25M in debt after quarter-end.
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