ALGM Allegro MicroSystems Forecast, Technical & Fundamental Analysis

Industry Semiconductors

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ALGM

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Daily Signalchanged days ago

Gain/Loss if shorted

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(Try 14 days for Free)

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A.I. Advisor

published Earnings

ALGM is expected to report earnings to fall 19.00% to 6 cents per share on February 04

Allegro MicroSystems ALGM Stock Earnings Reports

Q4'24

Est.

$0.06

Q3'24

Beat

by $0.02

Q2'24

Beat

by $0.01

Q1'24

Beat

by $0.04

Q4'23

Beat

by $0.03

The last earnings report on October 31 showed earnings per share of 7 cents, beating the estimate of 5 cents. With 2.15M shares outstanding, the current market capitalization sits at 3.65B.

A.I. Advisor

published General Information

General Information

Industry Semiconductors

Profile

Fundamentals

Details

Industry

N/A

Address

955 Perimeter Road

Phone

+1 603 626-2300

Employees

4687

Web

https://www.allegromicro.com

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ALGM and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, ALGM has been closely correlated with ON. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if ALGM jumps, then ON could also see price increases.

Ticker / NAME	Correlation To ALGM	1D Price Change %
ALGM	100%	-1.00%
ON - ALGM	67% Closely correlated	-2.15%
LSCC - ALGM	66% Loosely correlated	+0.02%
SYNA - ALGM	63% Loosely correlated	+0.99%
DIOD - ALGM	62% Loosely correlated	-2.34%
PLAB - ALGM	61% Loosely correlated	+0.69%
More

Groups containing ALGM

Correlation & Price change

Ticker / NAME	Correlation To ALGM	1D Price Change %
ALGM	100%	-1.00%
Semiconductors industry (160 stocks)	59% Loosely correlated	-0.31%
ALGM industry (5 stocks)	58% Loosely correlated	-0.89%