Buy Allegro Microsystems

Logo for stock ALGM (Allegro Microsystems)

Amount

£
GBP

Latest price

$25.47
(£1.00 = $1.295)

Number of shares (est.)

0

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Metrics

Market Cap

$4.679B

P/E ratio

-73.94

EPS

-$0.344

Beta

1.53

Dividend rate

N/A

Dividend yield

N/A

About

Allegro MicroSystems, Inc. is a global designer, developer, fabless manufacturer, and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs. It is a supplier of magnetic sensor IC solutions in the automotive market. Its sensor ICs enable its customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor drivers, power management ICs, light-emitting diode driver ICs and isolated gate drivers. Its diverse product portfolio provides solutions for the electrification of vehicles, automotive advanced driver assistance systems (ADAS) safety features, automation for Industry 4.0 and power saving technologies for data centers and clean energy applications. Through its subsidiary, Crocus Technology, Inc. offers tunnel magnetoresistance (TMR) solutions that provide magnetic sensitivity, lower power consumption, and the smallest size in comparison to other magnetic technologies.

CEO

Mr. Michael C. (Mike) Doogue

Employees

4,593

Sector

Tech

Company HQ

MANCHESTER, United States of America

News

Logo for news article #0 (Allegro MicroSystems Stock Down Since Spurning Buyout Deal)

Allegro MicroSystems Stock Down Since Spurning Buyout Deal

A week after Allegro MicroSystems rejected a buyout proposal from Onsemi, ALGM stock is trading well below the takeout price. The post Allegro MicroSystems Stock Down Since Spurning Buyout Deal appeared first on Investor's Business Daily.

Investors Business Daily

March 10, 2025

Logo for news article #1 (Allegro Stock Jumps as Chip Maker Rejects Onsemi's $35.10 Per Share Bid)

Allegro Stock Jumps as Chip Maker Rejects Onsemi's $35.10 Per Share Bid

Shares of power chips maker Allegro Microsystems (ALGM) jumped Thursday in intraday trading after it rejected the latest bid by its larger rival ON Semiconductor (ON), also known as Onsemi, describing the offer as "inadequate."

Investopedia

March 06, 2025

Logo for news article #2 (Onsemi Discloses Offer to Acquire Allegro MicroSystems)

Onsemi Discloses Offer to Acquire Allegro MicroSystems

Allegro MicroSystems said On Semiconductor's recent acquisition offer that values it at $6.9 billion is “inadequate.”

WSJ

March 06, 2025

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