Allegro MicroSystems, Inc. (ALGM) Announces 7M Share Secondary Offering

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Allegro MicroSystems, Inc. (ALGM) Files Mixed Shelf Registration Statement

November 1, 2021 6:16 AM EDT

Allegro MicroSystems, Inc. (NASDAQ: ALGM) files mixed shelf registration statement consisting of:
Common Stock
Preferred Stock
Debt Securities
Warrants
Purchase Contracts
Units
Common Stock Offered by the Selling Securityholders


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Allegro MicroSystems (ALGM) PT Raised to $38 at Barclays

October 29, 2021 5:03 AM EDT

Barclays raised its price target on Allegro MicroSystems (NASDAQ: ALGM) to $38.00 (from $30.00) while maintaining a Overweight rating.... More

Allegro MicroSystems (ALGM) PT Raised to $40 at Needham & Company, Following Earnings

October 28, 2021 4:32 PM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on Allegro MicroSystems (NASDAQ: ALGM) to $40.00 (from $35.00) while maintaining a Buy rating.

Analyst comments: "Allegro delivered record revenue and profitability in F2Q22 but guided for a decline in F3Q22 as COVID... More

Allegro MicroSystems (ALGM) PT Raised to $40 at Credit Suisse

October 28, 2021 4:22 PM EDT

Credit Suisse analyst John Pitzer raised the price target on Allegro MicroSystems (NASDAQ: ALGM) to $40.00 (from $36.00) while maintaining a Outperform rating.... More

Allegro MicroSystems (ALGM) PT Raised to $43 at Mizuho Securities

October 28, 2021 2:52 PM EDT

Mizuho Securities analyst Vijay Rakesh raised the price target on Allegro MicroSystems (NASDAQ: ALGM) to $43.00 (from $40.00) while maintaining a Buy rating following results.

Rakesh calls it potential among the best EV/ADAS small-cap fabless plays.

"With almost 50% share of... More

Allegro MicroSystems, Inc. (ALGM) Tops Q2 EPS by 2c

October 28, 2021 8:07 AM EDT

Allegro MicroSystems, Inc. (NASDAQ: ALGM) reported Q2 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $193.6 million versus the consensus estimate of $186.84 million.

GUIDANCE:

Allegro MicroSystems, Inc. sees Q3 2022 EPS of $0.18, versus the consensus of... More