Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.
Magnetic Market Maven | Allegro Microsystems navigates challenges in the automotive semiconductor sector, leveraging its expertise in magnetic sensing and power integrated circuits |
EV Opportunity Knocks | With 12% of business tied to electric vehicles, Allegro is poised to capitalize on the growing demand for advanced sensing technologies in the EV market |
China: The Next Frontie | Analysts identify potential market share gains in China as a key factor for Allegro's outperformance, presenting a significant growth opportunity |
Financial Forecast | Allegro's revenue projections suggest growth to $878 million by 2026, with analyst price targets ranging from $21 to $32, reflecting market uncertainties |
Metrics to compare | ALGM | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipALGMPeersSector | |
---|---|---|---|---|
P/E Ratio | −84.9x | −50.2x | 11.8x | |
PEG Ratio | 0.43 | 0.03 | 0.01 | |
Price/Book | 6.3x | 3.7x | 2.4x | |
Price / LTM Sales | 7.6x | 3.0x | 2.2x | |
Upside (Analyst Target) | 17.5% | 31.4% | 20.0% | |
Fair Value Upside | Unlock | −1.4% | 5.7% | Unlock |