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ALGM stock news · Allegro MicroSystems

Stories about Allegro MicroSystems (ALGM) from the last 90 days, each explained in plain English with whether the news reads good or bad for the company.

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  1. Oct 30, 2026, 2:56 PM ET · Opinion

    UBS changed its price target for Allegro MicroSystems to $48 from $50 but still rates it as a Buy.

    Neutral

    UBS cut Allegro MicroSystems' target from $50 to $48 but kept its Buy rating. These mixed signals leave the company's outlook unchanged based on this report.

  2. Oct 30, 2026, 8:51 AM ET · Results

    After Allegro MicroSystems' Q2 results, analysts lowered their price targets but some still expect good performance.

    Good for ALGM

    Allegro MicroSystems beat sales and profit estimates and reported stronger orders and design wins. Its results and demand signs point to a stronger business outlook, despite analysts cutting price targets.

  3. Oct 8, 2026, 5:24 PM ET · Market

    12 tech stocks changed a lot in prices during Thursday's after-hours trading.

    Neutral

    Allegro Microsystems' shares fell 2.87%, but the article reports no change to its business. This price move alone does not change its outlook.