ALGM Allegro MicroSystems Forecast, Technical & Fundamental Analysis

Industry Semiconductors

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ALGM

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ALGM

Setup

Buy or SellView

Daily Signalchanged days ago

Gain/Loss if shorted

View Trends For ALGM
(Try 14 days for $1 only)

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A.I. Advisor

published Earnings

ALGM is expected to report earnings to rise 109.00% to 6 cents per share on October 31

Allegro MicroSystems ALGM Stock Earnings Reports

Q3'24

Est.

$0.06

Q2'24

Beat

by $0.01

Q1'24

Beat

by $0.04

Q4'23

Beat

by $0.03

Q3'23

Beat

by $0.03

The last earnings report on August 01 showed earnings per share of 2 cents, beating the estimate of 1 cents. With 1.52M shares outstanding, the current market capitalization sits at 4.47B.

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 NXPI. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if ALGM jumps, then NXPI could also see price increases.

Ticker / NAME	Correlation To ALGM	1D Price Change %
ALGM	100%	-5.46%
NXPI - ALGM	71% Closely correlated	-7.89%
MCHP - ALGM	68% Closely correlated	-7.01%
ADI - ALGM	68% Closely correlated	-6.50%
STM - ALGM	63% Loosely correlated	-7.39%
PLAB - ALGM	62% Loosely correlated	-7.89%
More

Groups containing ALGM

Correlation & Price change

Ticker / NAME	Correlation To ALGM	1D Price Change %
ALGM	100%	-5.46%
ALGM (4 stocks)	77% Closely correlated	+0.66%
Semiconductors (163 stocks)	61% Loosely correlated	-0.07%