Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) issued an update on its fourth quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.030-0.070 for the period, compared to the consensus estimate of 0.080. The company issued revenue guidance of $180.0 million-$190.0 million, compared to the consensus revenue estimate of $184.3 million.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. Barclays upped their target price on shares of Allegro MicroSystems from $25.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Loop Capital began coverage on shares of Allegro MicroSystems in a report on Tuesday, November 12th. They issued a “buy” rating and a $30.00 target price on the stock. Morgan Stanley assumed coverage on shares of Allegro MicroSystems in a research note on Thursday, November 7th. They set an “equal weight” rating and a $21.00 target price for the company. Needham & Company LLC dropped their price target on Allegro MicroSystems from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Finally, Wells Fargo & Company upped their price objective on Allegro MicroSystems from $23.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, Allegro MicroSystems presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.91.
Read Our Latest Stock Analysis on Allegro MicroSystems
Allegro MicroSystems Stock Performance
Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.04). Allegro MicroSystems had a negative net margin of 2.96% and a positive return on equity of 8.48%.
Insider Transactions at Allegro MicroSystems
In related news, SVP Michael Doogue bought 15,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was purchased at an average price of $19.00 per share, for a total transaction of $285,000.00. Following the completion of the transaction, the senior vice president now owns 246,086 shares in the company, valued at $4,675,634. The trade was a 6.49 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.50% of the company’s stock.
About Allegro MicroSystems
Allegro MicroSystems, Inc, together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers.
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