Allegro MicroSystems (ALGM)
Designs magnetic sensors and power ICs for vehicles, automation, and energy-efficient systems.
Something off on this page? Send us feedback.
Designs magnetic sensing and application-specific power ICs for automotive motion control, electrification, automation, and energy-efficient systems. A fabless operating model combines long automotive qualification cycles with supply ties to Polar Semiconductor and technology acquired for TMR sensing and isolated gate drivers.
Designs magnetic sensing and application-specific power ICs for automotive motion control, electrification, automation, and energy-efficient systems. The portfolio spans established Hall-effect sensing, TMR current and position sensing, and isolated gate drivers for advanced power conversion.
Automotive qualification, long product cycles, and integration of sensing functions into application-specific chips define the operating model. Engineering execution has extended a long-running gear-tooth sensor franchise into newer TMR and power-control technologies through the Crocus and Heyday acquisitions.
Headquartered in New Hampshire, the business follows a fabless structure created after the separation of Polar Semiconductor, which remained an important wafer supplier. This model depends on external manufacturing relationships while serving vehicles, industrial automation, robotics, and green-energy systems.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 12, 2026 | Benchmark | Initiate | Rating: — | |
| Jul 31, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $51 | Target: $52 |
| Jul 20, 2026 | Barclays | Downgrade | ||
| Jun 29, 2026 | Mizuho Securities | Target | Target: $54 | Target: $67 |
| May 8, 2026 | UBS | Reiterate | Rating: —Target: $44 | Target: $55 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 26, 2026Cash & short-term investments $162.0M · Total debt $287.2M · Total assets $1.41B · Shareholders' equity $964.3M
- Revenue
- $259.2M
- Operating income
- $25.5M
- Net income
- $15.9M
No dividends on record.
| Institutions | 80.28% | 149.64M shares | |
|---|---|---|---|
| 393 holders · as of Jun 30, 2026 | |||
| Insiders | 1.09% | 2.03M shares | |
| 19 holders · as of Aug 18, 2026 | |||
| Strategic holders | 32.05% | 59.73M shares | |
| 1 holder · as of Aug 9, 2024 | |||
| Adds to | 113.42% | ||
186.40M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 113.42%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Sanken Electric Co., Ltd.Strategic10 percent owner | 32.05% | 59.73M | filed Aug 9, 2024 |
FMR LLCInstitution | 13.72% | 25.58M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 7.45% | 13.89M | as of Jun 30, 2026 |
Invesco Ltd.Institution | 7.34% | 13.68M | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 6.83% | 12.72M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 17, 2026 | Jennie Raubacher | director | −1,000 | $45.32 |
| Aug 10, 2026 | Erin Hagen | officer: SVP, CHRO | −2,285 | $44.39 |
| Jun 3, 2026 | Richard Madormo | officer: SVP, Worldwide Sales | −5,000 | $52.72 |
| May 22, 2026 | Troy Coleman | officer: SVP, General Manager, Products | −4,500 | $45.72 |
| May 21, 2026 | Roald Graham Webster | officer: VP, Chief Accounting Officer | −5,217 | $44.89 |
- Analog Devices
Broad overlap across magnetic sensing, motor control, and isolated drivers
- Texas Instruments
Scaled analog rival in Hall sensing and automotive motor-driver ICs
- Monolithic Power Systems
Power-IC peer with direct overlap in sensors, motor drivers, and gate drivers
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Allegro MicroSystems | $35.86 | +1.02% | $6.61B | 502.8 | 31.7 | 7.0 | +27.5% |
| Analog Devices | $389.30 | +1.64% | $186.55B | 45.4 | 24.2 | 13.4 | +39.6% |
| Texas Instruments | $270.39 | −0.18% | $247.37B | 41.2 | 28.4 | 12.7 | +22.8% |
| Monolithic Power Systems | $1,385.36 | +8.43% | $62.77B | 78.3 | 43.0 | 19.2 | +47.6% |
| Median | 45.4 | 28.4 | 13.4 | +39.6% |