Allegro MicroSystems, Inc. (ALGM) fair value analysis
Nasdaq · Updated 2026-10-19
ALGM price how computed
Forward Fair Value verdict
UndervaluedALGM is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $31.62
- Sector
- Technology
- 12-month range
- $22.80–$69.62
- Market cap
- $5.89B
- From 52-week high
- -54.6%
- Shares outstanding
- 186M
- Rank in Technology by discount to fair value
- #56 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Allegro MicroSystems, Inc. manufactures semiconductor solutions including sensors, power management integrated circuits, and motor drivers for automotive, industrial, and consumer applications. The company operates globally with manufacturing, design, and sales operations across multiple continents.
ALGM currently ranks #56 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 4 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $5.89B
- P/E (trailing)
- 53x
- Revenue (TTM)
- $946M
- Net margin
- 1.5%
- EPS (TTM)
- $0.60
- Gross margin
- 48.5%
- Debt / equity
- 0.30
- Revenue growth (3-yr avg)
- -2.0%
- Shares outstanding
- 186M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Expanding
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 42 · neutral
- 50-day average
- $36.87
- 200-day average
- $40.69
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-10-29 (pre-market)
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▼ miss (-6.3%)
2026-03 ▲ beat (+6.3%)
2025-12 ▲ beat (+7.1%)
2025-09 ▲ beat (+8.3%)
2025-06 ▲ beat (+12.5%)
2025-03 ▲ beat (+20.0%)
2024-12 ▲ beat (+16.7%)
2024-09 ▲ beat (+33.3%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 11 buy · 1 hold · 0 sell (12 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $54.4
- Target vs last price
- +72.0%
What our data shows for ALGM
- Our model validated 16 trailing price-to-earnings windows for ALGM, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $22.80–$69.62.
- The 14-day relative strength index sits at a neutral 42.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for ALGM
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent ALGM news
TickrTrends' derived news-sentiment signal for ALGM is currently leaning positive, computed from recent coverage.
- ALGM Maintains Rating by Wells Fargo -- Price Target Lowered to $45 (gurufocus.com, 2026-10-20)
TickrTrends take: Wells Fargo's reduction of ALGM's price target to $45 occurs within a context where TickrTrends currently assesses the stock as undervalued in the Technology sector. A valuation-focused reader should monitor whether this analyst action reflects new fundamental concerns that might challenge the current undervalued assessment, or whether the maintained rating suggests confidence in the company's prospects despite the lower price target. The gap between any current trading price and the $45 target, combined with TickrTrends' valuation stance, represents a key metric for tracking how the market's view evolves relative to analyst expectations. - Allegro MicroSystems Unveils 48V Power and Precision Sensing Solutions to Enhance Physical AI in Humanoid Robotics (manilatimes.net, 2026-10-20)
TickrTrends take: Allegro MicroSystems' expansion into 48V power and precision sensing solutions for humanoid robotics addresses an emerging application segment within the broader technology sector. Given TickrTrends' current undervalued designation, investors should monitor whether this product development translates into meaningful revenue contributions and market adoption in the physically demanding robotics space. The company's ability to establish itself as a preferred sensor and power supplier in this nascent market could validate the current valuation assessment or shift the risk-reward profile going forward. - Is Allegro Microsystems Inc (ALGM) Overvalued After 4.9% Rally? GF Value Says Overvalued (gurufocus.com, 2026-10-19)
TickrTrends take: ALGM has experienced recent upward price momentum, yet TickrTrends currently assesses the stock as undervalued, creating a divergence with other valuation methodologies that view it as overvalued. For investors focused on valuation metrics, this disagreement between analytical frameworks highlights the importance of monitoring which valuation signals prove more predictive as the stock moves forward. The technology sector backdrop and ALGM's fundamental metrics will be key factors in determining whether the recent rally reflects justified repricing or a temporary disconnect from intrinsic value.
More ALGM news
- Allegro Microsystems Inc (ALGM) Stock Down 5.0% but Still Overvalued -- GF Score: 86/100 (gurufocus.com, 2026-10-12)
- Allegro MicroSystems to Announce Second Quarter Fiscal Year 2027 Financial Results (manilatimes.net, 2026-10-08)
- Is Allegro Microsystems Inc (ALGM) Overvalued After 8.7% Rally? GF Value Says Overvalued (gurufocus.com, 2026-10-02)
What people are saying
Follow the ALGM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — ALGM's sector positioning has improved this week as its discount rank within the Technology sector moved from number 90 to number 78, indicating the stock is trading at a more favorable valuation relative to its peers. The company maintains an Undervalued verdict according to current valuation metrics. This upward shift in ranking suggests ALGM's relative value proposition within Technology has strengthened over the past week.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — ALGM has experienced several notable changes in its derived indicators this week. The 50/200-day trend state shifted from mixed to downtrend, while the stock's sector discount rank improved from number 104 to number 90, indicating a better relative valuation position among Technology sector peers. The valuation verdict moved from Fairly valued to Undervalued.
- 2026-10-05 — ALGM, a Technology sector company, has experienced notable shifts in its technical indicators this week. The 50/200-day trend state transitioned from downtrend to mixed, suggesting reduced downward momentum, while the valuation verdict moved from Undervalued to Fairly valued, reflecting a reassessment of the company's current pricing relative to fundamental metrics. The stock is now considered Fairly valued according to TickrTrends' derived indicators.
- 2026-09-28 — # ALGM - Algorithmics Corp TickrTrends' derived indicators for ALGM have shifted this week, with the 50/200-day trend state moving from mixed to downtrend. Despite this technical deterioration, the stock maintains an undervalued valuation verdict according to current analysis. The downtrend development represents a notable change in the technology sector company's short-term price momentum trajectory.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is ALGM stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), ALGM is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is ALGM's TickrTrends verdict?
ALGM's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does ALGM compare to other Technology stocks?
ALGM ranks #56 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is ALGM overbought or oversold?
ALGM's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does ALGM report earnings next?
ALGM's next earnings report is scheduled for 2026-10-29 (pre-market), per the published earnings calendar.
Does ALGM usually beat earnings estimates?
Over its last 8 reported quarters ALGM beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ALGM?
Of 12 analysts covering ALGM, 11 rate it a buy, 1 a hold and 0 a sell - buy-leaning, with a consensus price target of $54.4 (+72.0% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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