ALGM
ALLEGRO MICROSYSTEMS, INC.
Next earnings Jul 29, 2026 · consensus $0.21 EPS, $256M rev
Last earnings -6.7% on 2026-05-07
$55.49
▼ -16.40%$55.49▲ +62.33%
over 1Y
L $22.80H $66.37
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-16.4%
1W-7.8%
1M+10.2%
3M+70.2%
YTD+106.2%
1Y+62.3%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 19 analysts
Buy
Auto/industrial sensor chipmaker recovering off a cyclical trough, but a 12.3x sales multiple prices in the rebound.
Revenue $890M · FY2026
Allegro MicroSystems is an analog and mixed-signal semiconductor maker focused on magnetic sensing and power ICs for automotive (including EVs) and industrial markets. The FY2026 (year ended March 27, 2026) numbers show a clear cyclical recovery off the FY2025 trough: revenue rebounded 22.8% to $890M, gross profit rose 28.1% to $412M (46.3% gross margin), operating income swung back to positive $18.5M (+193.4%), and the net loss narrowed sharply to -$14.9M from -$73.0M. Operating cash flow jumped 163.4% to $163M, and the company deleveraged, cutting long-term debt 17.1% to $286M against a clean 0.48x liabilities/equity balance sheet.
The inflection is encouraging but incomplete — the company is still marginally unprofitable (-1.7% net margin, -$0.08 EPS), and the prior cycle was brutal (revenue fell from $1.05B in FY2024 to $725M in FY2025). The 10-K candidly flags the demand volatility, inventory digestion, tariff/trade risk and intense competition from larger players that drive this swing.
Is ALGM a buy? The one-page verdict, explained →
The options angle
model · matches our verdictCovered call~60d expiry
- Long 100 shares @ ~55.49
- Short call 58 @ ~9.36 est
debit $4,613max +$1,187max −$4,612BE 46.13
HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $769M | $974M | $1.05B | $725M | $890M |
| Gross profit | $407M | $546M | $575M | $322M | $412M |
| Operating income | $137M | $203M | $196M | -$19.8M | $18.5M |
| Net income | $119M | $187M | $153M | -$73.0M | -$14.9M |
| Diluted EPS | $0.62 | $0.97 | $0.78 | -$0.39 | -$0.08 |
| Net margin | 15.5% | 19.2% | 14.6% | -10.1% | -1.7% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$10.5B
EV / EBITDA121.5
EV / Sales11.7
EV / FCF83.7
P / FCF82.8
PEG (trailing)—
Earnings yield-0.1%
FCF yield1.2%
Quality & risk
ROIC (est.)1.2%
Free cash flow$125M
Total debt$287M
Net cash-$119M
Altman Z-Score14.40 safe
Piotroski F-Score6/9
Capital returns
Buyback yield0.0%
Dividend yield (est.)0.0%
Shareholder yield0.0%
Shares Δ YoY+0.7%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗ARSPeriod ending 2026-03-272026-06-24open ↗DEFA14AFiling2026-06-24open ↗DEF 14APeriod ending 2026-08-052026-06-24open ↗4Period ending 2026-06-172026-06-18open ↗3Period ending 2026-06-172026-06-18open ↗8-KPeriod ending 2026-06-172026-06-18open ↗4Period ending 2026-06-032026-06-04open ↗144Filing2026-06-03open ↗SDFiling2026-05-29open ↗4Period ending 2026-05-222026-05-26open ↗4Period ending 2026-05-212026-05-22open ↗144Filing2026-05-22open ↗
Frequently asked
- Is ALLEGRO MICROSYSTEMS, INC. (ALGM) a buy?
- ALGM currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. Auto/industrial sensor chipmaker recovering off a cyclical trough, but a 12.3x sales multiple prices in the rebound.
- What is ALLEGRO MICROSYSTEMS, INC.'s quality score?
- ALGM scores 54.55330159244949/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000866291, latest 10-K filed 2026-05-21) · EODHD · Proprietary analysis · as of 6/21/2026, 8:48:14 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:48 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.