Allegro MicroSystems (ALGM)
Information Technology · Analog and mixed-signal semiconductors
A semiconductor innovator designing power management and sensor ICs for automotive, industrial, and IoT applications, with strong 22% YoY revenue growth.
What Allegro MicroSystems does
Allegro MicroSystems designs and manufactures integrated circuits (ICs) for power management, motor control, current sensing, and magnetic sensing applications. The company's solutions serve automotive, industrial, and IoT markets, where customers integrate Allegro's chips into control systems, power management modules, and sensor networks. With significant presence in electric vehicles and industrial automation, Allegro competes through continuous innovation in semiconductor technology and cost-effective manufacturing. The company partners with foundries for wafer fabrication while focusing on IC design and customer integration.
Themes: ["EV power management and electrification","Motor control and drives","Current and position sensing","Industrial automation","IoT / edge computing","Semiconductor design"]
Fundamentals
- Price$57.38 as of 2026-07-09 close
- Market cap$10.7B as of 2026-07-10
- 1-year return+41.6% as of 2026-07-09 close
- Net margin-1.7% as of 2026-07-10
- Gross margin+46.3% as of 2026-07-10
- ROE-1.6% as of 2026-07-10
- Debt / equity0.30 as of 2026-07-10
- Revenue growth (YoY)+22.8% as of 2026-07-10
- Revenue CAGR (3y)-2.9% SEC XBRL
- Beta1.93 as of 2026-07-10
Key risks (from latest filing)
["Economic downturns and tariffs could reduce automotive/industrial demand, particularly in key end-markets where customer orders can be canceled or deferred","Intense semiconductor competition with larger rivals investing in AI-enabled development and manufacturing; failure to keep pace could erode market share and pricing power","Current unprofitability (-1.67% net margin) and dependency on sustained high revenue growth to achieve profitability amidst excess inventory risks and volatile ASP declines"]
Competitors & peers
- Texas Instruments (TXN)
- STMicroelectronics (STM)
- NXP Semiconductors (NXPI)
- Infineon Technologies
- ON Semiconductor (ON)
- Microchip Technology (MCHP)
- Analog Devices (ADI)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.