Stocks · Technology · Semiconductors
Allegro MicroSystems, Inc. ALGM
$39.53 +8.66% Close, Oct 2, 2026 · NASDAQ · Market cap $7.36B
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 559.9× trailing earnings, higher than 93% of the company's own readings over the past five years.
- Operating margin widened to 6.2% from -1.6% a year earlier.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 26%
- FCF growth (TTM, YoY)Top 17%
- Revenue growth, 3-year CAGRBottom 21%
- Revenue growth accelerationTop 40%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 48%
- Gross marginBottom 45%
- Operating marginTop 45%
- Cash conversion (OCF / net income)Top 11%
- Accruals (lower is better)Top 44%
- Net debt / EBITDA (lower is better)Bottom 38%
- Interest coverBottom 42%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 42%
- Free-cash-flow yieldBottom 36%
- EBITDA / enterprise valueBottom 38%
- Sales / enterprise valueBottom 30%
- P/E vs own 5-year history (lower is better)Bottom 15%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 35%
- 6-month returnBottom 47%
- 1-year return vs S&P 500Top 34%
- Distance from 52-week highBottom 28%
- Trend checklist (0–4)Bottom 40%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 47%
- Consecutive EPS beatsTop 41%
- Share of analysts rating BuyTop 11%
- Upside to consensus price targetTop 39%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 43%
- Maximum drawdown, 3 yearsTop 31%
- Beta vs S&P 500 (lower is better)Bottom 28%
- Net debt / EBITDA (lower is better)Bottom 38%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 22.8% | 24.2% | ↑ |
| Gross margin | 44.4% | 47.2% | ↑ |
| Operating margin | -1.6% | 6.2% | ↑ |
| FCF margin | 6.5% | 9.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 24.2% | 22.8% | ↑ | Top 26% |
| Gross margin | 47.2% | 44.4% | ↑ | Bottom 45% |
| Operating margin | 6.2% | -1.6% | ↑ | Top 45% |
| Net margin | 1.5% | -9.0% | ↑ | — |
| Free-cash-flow margin | 9.3% | 6.5% | ↑ | — |
| Return on invested capital | 4.6% | — | Top 48% | |
| Revenue growth, 3-year CAGR | -2.9% | — | Bottom 21% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +12.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.20×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -0.02%
- Shareholder yield
- -0.02%
- Share count change, 1 year
- +1.7%
- Share count change, 3-year CAGR
- -1.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 26, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +7.3%
- Average 2-day reaction, last 8
- +0.5%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $55.29
- Target vs current price
- +39.9%
- Analysts with a rating
- 13
- Share rating Buy or Strong Buy
- 92%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +9.5% | -1.8% | -1.0% | -12.6% | — |
| May 7, 2026 | +4.2% | -6.7% | -10.5% | +4.4% | -19.2% |
| Jan 29, 2026 | +7.1% | +9.9% | +10.6% | +6.4% | +27.7% |
| Oct 30, 2025 | +8.3% | -1.5% | -10.8% | -16.0% | +6.2% |
| Jul 31, 2025 | +0.0% | -7.3% | -9.0% | -7.1% | -8.5% |
| May 8, 2025 | +20.0% | +12.7% | +44.6% | +49.5% | +68.4% |
| Jan 30, 2025 | +16.7% | +5.0% | +7.7% | -4.7% | -16.3% |
| Oct 31, 2024 | +33.3% | -6.2% | -0.9% | -3.3% | +2.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.23 | $0.21 | +9.5% | $259.2M |
| May 7, 2026 | $0.17 | $0.16 | +4.2% | $243.2M |
| Jan 29, 2026 | $0.15 | $0.14 | +7.1% | $229.2M |
| Oct 30, 2025 | $0.13 | $0.12 | +8.3% | $214.3M |
| Jul 31, 2025 | $0.09 | $0.09 | +0.0% | $203.4M |
| May 8, 2025 | $0.06 | $0.05 | +20.0% | $192.8M |
| Jan 30, 2025 | $0.07 | $0.06 | +16.7% | $177.9M |
| Oct 31, 2024 | $0.08 | $0.06 | +33.3% | $187.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 559.9× | 44.8× | 93th | Bottom 42% |
| P/E (forward) | 38.5× | — | — | — |
| EV / EBITDA | 72.1× | — | — | Bottom 38% |
| EV / Sales | 7.92× | — | — | Bottom 30% |
| Free-cash-flow yield | 1.20% | — | — | Bottom 36% |
| Earnings yield | 0.18% | — | — | Bottom 42% |
P/E over the past five years
Range 20.0× – 131.2× since Jun 25, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 1
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -16.3%
- 200-day average slope (20 days)
- +2.3%
- Distance from 50-day average
- +2.7%
- Distance from 200-day average
- -1.8%
- RSI (14)
- 61.9
- Relative volume
- 2.42×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 57.2%
- Volatility vs own 5-year history
- 79th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.87
- Correlation with S&P 500
- 0.47
- Current drawdown from 1-year high
- -43.2%
- Maximum drawdown, 3 years
- -52.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jul 18, 2023 | Apr 21, 2025 | -68.7% | 441 days | 281 days (Jun 3, 2026) |
| Jun 30, 2026 | Sep 16, 2026 | -52.6% | 54 days | Not yet recovered |
| Sep 15, 2021 | Jul 5, 2022 | -46.2% | 201 days | 145 days (Jan 31, 2023) |
| Jan 21, 2021 | May 12, 2021 | -33.0% | 77 days | 87 days (Sep 15, 2021) |
| Mar 31, 2023 | Apr 27, 2023 | -25.9% | 18 days | 52 days (Jul 13, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $7.36B
- P/E (TTM)
- 559.9
- EPS, diluted (TTM)
- $0.07
- Revenue (TTM)
- $945.9M
- 52-week range
- $22.41 – $71.77
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $768.7M | $973.7M | $1.05B | $725.0M | $890.1M |
| Gross profit | $407.5M | $546.1M | $574.5M | $321.5M | $412.6M |
| Operating income | $136.7M | $203.3M | $196.2M | -$19.8M | $42.7M |
| Net income | $119.4M | $187.4M | $152.7M | -$73.0M | -$14.9M |
| EPS (diluted) | $0.62 | $0.97 | $0.78 | -$0.39 | -$0.08 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $187.4M | $177.9M | $192.8M | $203.4M | $214.3M | $229.2M | $243.2M | $259.2M |
| Net income | -$33.7M | -$6.9M | -$14.8M | -$13.2M | $6.5M | $8.3M | -$16.5M | $15.9M |
| EPS (diluted) | -$0.18 | -$0.04 | -$0.08 | -$0.07 | $0.04 | $0.04 | -$0.09 | $0.08 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $156.1M | $193.2M | $181.7M | $61.9M | $163.1M |
| Capital expenditure | -$69.9M | -$79.8M | -$124.8M | -$40.0M | -$38.2M |
| Free cash flow | $86.2M | $113.4M | $56.9M | $22.0M | $124.9M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$638,000 | -$18.1M | $3.6M | -$184.6M | $1.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $162.0M
- Total assets
- $1.41B
- Total liabilities
- $446.0M
- Total debt
- $287.2M
- Net debt
- $125.1M
- Shareholders’ equity
- $964.3M
As of Jun 26, 2026 (filed Jul 31, 2026).
Short interest
- Shares sold short
- 10,439,912
- Days to cover
- 5.18
- Change vs previous report
- -18.6%
FINRA short interest, settlement date Sep 15, 2026.