BofA Securities resumed coverage on Allegro Microsystems with a new price target
$ALGM
Semiconductors
Technology
BofA Securities resumed coverage of Allegro Microsystems with a rating of Buy and set a new price target of $38.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/1/2025 | $42.00 → $37.00 | Buy | TD Cowen |
| 6/16/2025 | $38.00 | Buy | BofA Securities |
| 11/22/2024 | $23.00 | Overweight | Wells Fargo |
| 11/12/2024 | $30.00 | Buy | Loop Capital |
| 11/7/2024 | $21.00 | Equal-Weight | Morgan Stanley |
| 9/3/2024 | $33.00 | Buy | UBS |
| 5/13/2024 | $37.00 | Buy | Jefferies |
| 5/10/2024 | $35.00 → $32.00 | Buy | TD Cowen |
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
10-Q - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Filer)
8-K - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Filer)
8-K - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Filer)
MANCHESTER, N.H., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro" or the "Company") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter ended September 26, 2025. "We delivered strong second quarter results, with sales of $214 million, up 14% year-over-year, and led by growth in both e-Mobility and Industrial & Other, increasing 21% and 23% year-over-year, respectively. Non-GAAP EPS was $0.13, increasing more than 60% year-over-year," said Mike Doogue, President and CEO of Allegro. "We saw broad strength in second quarter Automotive sales
MANCHESTER, N.H., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today introduced the industry's first commercially available magnetic current sensor to achieve 10 MHz bandwidth featuring Allegro's advanced XtremeSense™ TMR (tunneling magnetoresistance) technology. The new ACS37100 TMR current sensor helps power system designers master the control signal chain and unlock the full potential of fast-switching GaN and SiC FETs. Tailored to the needs of electric vehicles (xEVs), clean energy power conversion systems, and AI data center power supplies, the ACS
MANCHESTER, N.H., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Troy Coleman as Senior Vice President, General Manager, Products, effective October 14, 2025. Troy will be responsible for leading our product portfolios, driving strategic growth, innovation, and market leadership in our core power and sensing solutions. "We are thrilled to welcome Troy to Allegro," said Mike Doogue, President and Chief Executive Officer. "Troy's leadership, deep industry experience, and proven ability to grow profitable bus
3 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
TD Cowen reiterated coverage of Allegro Microsystems with a rating of Buy and set a new price target of $37.00 from $42.00 previously
BofA Securities resumed coverage of Allegro Microsystems with a rating of Buy and set a new price target of $38.00
Wells Fargo initiated coverage of Allegro Microsystems with a rating of Overweight and set a new price target of $23.00
MANCHESTER, N.H., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Troy Coleman as Senior Vice President, General Manager, Products, effective October 14, 2025. Troy will be responsible for leading our product portfolios, driving strategic growth, innovation, and market leadership in our core power and sensing solutions. "We are thrilled to welcome Troy to Allegro," said Mike Doogue, President and Chief Executive Officer. "Troy's leadership, deep industry experience, and proven ability to grow profitable bus
Kopin Corporation (NASDAQ:KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, today announced the appointment of Erich Manz as Chief Financial Officer. Mr. Manz is an accomplished executive, bringing over three decades of financial and accounting experience in sensing, application-specific analog power and semiconductor technology markets. Mr. Manz will replace Rich Sneider, who announced his retirement in May. "We are in the midst of an exciting evolutionary journey at Kopin that can unlock the potential of application-specific optical solutions and high-perform
MANCHESTER, N.H., March 12, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025. Rick will be responsible for leading Allegro's global sales organization and driving revenue growth across automotive and industrial end markets, succeeding Max Glover. Max will transition into an advisory role until his departure on May 16, 2025. "We are thrilled to welcome Rick to Allegro," said Mike Doogue, President and Chief Executive Officer. "His semic
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SC 13G - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Subject)
MANCHESTER, N.H., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro" or the "Company") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter ended September 26, 2025. "We delivered strong second quarter results, with sales of $214 million, up 14% year-over-year, and led by growth in both e-Mobility and Industrial & Other, increasing 21% and 23% year-over-year, respectively. Non-GAAP EPS was $0.13, increasing more than 60% year-over-year," said Mike Doogue, President and CEO of Allegro. "We saw broad strength in second quarter Automotive sales
MANCHESTER, N.H., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ:ALGM) today announced it plans to release financial results for its second quarter fiscal year 2026 prior to the market open on Thursday, October 30, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D'Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook. Analysts and investors are invited to join the conference call using the following information: Second Quarter Fiscal Year 2026 Earnings Conference CallDate: Thursday, October 30, 2025Time
MANCHESTER, N.H., July 10, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ:ALGM) today announced it plans to release financial results for its first quarter fiscal year 2026 prior to the market open on Thursday, July 31, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D'Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook. Analysts and investors are invited to join the conference call using the following information: First Quarter Fiscal Year 2026 Earnings Conference CallDate: Thursday, July 31, 2025Time: 8:30 a