Morgan Stanley initiated coverage on Allegro Microsystems with a new price target
$ALGM
Semiconductors
Technology
Morgan Stanley initiated coverage of Allegro Microsystems with a rating of Equal-Weight and set a new price target of $21.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/16/2025 | $38.00 | Buy | BofA Securities |
| 11/22/2024 | $23.00 | Overweight | Wells Fargo |
| 11/12/2024 | $30.00 | Buy | Loop Capital |
| 11/7/2024 | $21.00 | Equal-Weight | Morgan Stanley |
| 9/3/2024 | $33.00 | Buy | UBS |
| 5/13/2024 | $37.00 | Buy | Jefferies |
| 5/10/2024 | $35.00 → $32.00 | Buy | TD Cowen |
| 4/16/2024 | $36.00 | Outperform | Evercore ISI |
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)
MANCHESTER, N.H., May 15, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025 at the InterContinental New York Barclay in New York, NY. Derek D'Antilio, EVP and Chief Financial Officer, is scheduled to participate in a fireside chat at 1:15 PM ET. A live and archived webcast of the fireside chat will be available on the Investor Relations page of the company's website at www.allegromicro.com. About Allegro MicroSystems
MANCHESTER, N.H., May 08, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro" or the "Company") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its fourth quarter and full fiscal year ended March 28, 2025. "During the fourth quarter, we delivered on our commitments with sales of $193 million, up 8% sequentially, and non-GAAP EPS of $0.06," said Mike Doogue, President and CEO of Allegro. "While the environment remains dynamic, we are encouraged by the positive momentum we are seeing across the business and the signals we are seeing from our customers. We are t
MANCHESTER, N.H., April 17, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ:ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2025 prior to the market open on Thursday, May 8, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D'Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook. Analysts and investors are invited to join the conference call using the following information: Fourth Quarter and Fiscal Year 2025 Earnings Conference CallDate: Thursday, May 8, 2025Time: