Allegro sees AI data center demand surge, with expanding design wins, backlog growth and content opportunities in electrification and automation.
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Allegro Microsystems Inc (ALGM) reports Q1 FY2027 sales of $259 million, exceeding guidance, with data center revenue surging to a record 17% of total sales.
Allegro MicroSystems (NASDAQ:ALGM) reported first-quarter fiscal 2027 sales of $259 million, exceeding the high end of its guidance range and rising 7% sequentially and 27% from a year earlier. Non-GAAP earnings per share reached $0.23, up 35% sequentially and 156% year over year, as the company cit
Allegro MicroSystems (ALGM) delivered earnings and revenue surprises of +9.52% and +2.47%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Chip designer Allegro MicroSystems (NASDAQ:ALGM) announced better-than-expected revenue in Q2 CY2026, with sales up 27.5% year on year to $259.2 million. Guidance for next quarter’s revenue was optimistic at $270 million at the midpoint, 2.1% above analysts’ estimates. Its non-GAAP profit of $0.23 per share was 8.8% above analysts’ consensus estimates.
FormFactor (FORM) delivered earnings and revenue surprises of +34.43% and +7.55%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Chip designer Allegro MicroSystems (NASDAQ:ALGM) will be reporting results this Thursday before market hours. Here’s what you need to know.
Allegro MicroSystems' Q1 results are likely to reflect rising demand in automotive and industrial markets, but can product gains outweigh macro and pricing pressures?
Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.
Allegro MicroSystems (ALGM) is drawing fresh attention as investors weigh a stronger margin story, accelerating exposure to electric vehicles, AI data centers, and robotics, and an upcoming quarterly earnings release that could update this multi segment narrative. See our latest analysis for Allegro MicroSystems. Allegro MicroSystems shares have pulled back in the last session, with a 1 day share price return of 4.37% lower. Momentum over the past month and quarter remains strong, reflected...
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Allegro MicroSystems (NASDAQ:ALGM) and its peers.
What a time it’s been for Allegro MicroSystems. In the past six months alone, the company’s stock price has increased by a massive 85.6%, reaching $49.53 per share. This performance may have investors wondering how to approach the situation.
Allegro MicroSystems, Inc. (NASDAQ:ALGM) is one of the best semiconductor stocks with the highest upside potential right now. Evercore ISI lifted the price target on Allegro MicroSystems, Inc. (NASDAQ:ALGM) to $53 from $49 on May 8, maintaining an Outperform rating on the shares. The rating update came after Allegro MicroSystems, Inc. (NASDAQ:ALGM) announced financial results for […]
Allegro MicroSystems’ first quarter results drew a negative market reaction as investors weighed strong double-digit revenue growth against a significant miss on non-GAAP earnings per share and weaker-than-expected profitability margins. Management cited robust demand in industrial and automotive end markets, particularly highlighting momentum in data center and electric vehicle applications. CEO Michael Doogue pointed to design wins in robotics and high-voltage powertrain systems as key drivers
Allegro MicroSystems beat Wall Street's targets for its fiscal fourth quarter and with its outlook for the current period.
Moby summary of Allegro MicroSystems, Inc.'s Q4 2026 earnings call
Allegro MicroSystems (NASDAQ:ALGM) reported fiscal fourth-quarter and full-year 2026 results that management said reflected continued momentum across both automotive and industrial end markets, highlighted by record data center contributions and expanding content opportunities in next-generation pow
Allegro MicroSystems (ALGM) delivered earnings and revenue surprises of +4.10% and +2.93%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?