Allegro Microsystems Inc (ALGM) Shares See 6.79% Rise Over Last Week

Ulysses Smith

At the time of writing, Allegro Microsystems Inc [ALGM] stock is trading at $26.51, up 2.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ALGM shares have gain 6.79% over the last week, with a monthly amount drifted -11.38%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Allegro Microsystems Inc [NASDAQ: ALGM] stock has seen the most recent analyst activity on August 01, 2025, when TD Cowen reiterated its Buy rating and also revised its price target to $37 from $42. On November 22, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $23 on the stock. Loop Capital started tracking the stock assigning a Buy rating and suggested a price target of $30 on November 12, 2024. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $21 as its price target on November 07, 2024. UBS started tracking with a Buy rating for this stock on September 03, 2024, and assigned it a price target of $33. In a note dated May 13, 2024, Jefferies initiated an Buy rating and provided a target price of $37 on this stock.

For the past year, the stock price of Allegro Microsystems Inc fluctuated between $16.38 and $38.45. Currently, Wall Street analysts expect the stock to reach $41.33 within the next 12 months. Allegro Microsystems Inc [NASDAQ: ALGM] shares were valued at $26.51 at the most recent close of the market. An investor can expect a potential return of 55.9% based on the average ALGM price forecast.

Analyzing the ALGM fundamentals

According to Allegro Microsystems Inc [NASDAQ:ALGM], the company’s sales were 788.39M for trailing twelve months, which represents an 14.36% jump. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.05 points at the first support level, and at 25.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.93, and for the 2nd resistance point, it is at 27.35.

Ratios To Look Out For

It is important to note that Allegro Microsystems Inc [NASDAQ:ALGM] has a current ratio of 3.89. Also, the Quick Ratio is 2.48, while the Cash Ratio stands at 0.97. Considering the valuation of this stock, the price to sales ratio is 6.23, the price to book ratio is 5.20.

Transactions by insiders

Recent insider trading involved Webster Roald Graham, VP, Chief Accounting Officer, that happened on Aug 22 ’25 when 8266.0 shares were sold. Director, Lury Richard R. completed a deal on Aug 12 ’25 to sell 7000.0 shares. Meanwhile, Director Lury Richard R. bought 7000.0 shares on Aug 12 ’25.

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