Allegro Microsystems Inc. (ALGM) – Market Summary
Allegro Microsystems (ALGM) traded up 2.23 % during a 24‑hour period ending at 03:39 PM Central Europe on Wednesday, 21 September 2026.
- Current share price: USD 34.63
- Total shares outstanding: 186.3 million
- Market capitalization: USD 6.2 billion
- 24‑hour trading volume: USD 82.2 million
- Year‑to‑date performance: Down 4.48 % since the end of the previous month
The 200‑day simple moving average stands at USD 40.76. The 52‑week high was USD 71.77 on 30 June 2026; the 52‑week low was USD 22.41 on 21 November 2025.
Recent Analyst Commentary
A recent report from GuruFocus indicated that ALGM’s share price had risen almost 5 % over the last 24 hours. The analysts at GF Value noted that this rally may have pushed the stock’s market value beyond what the company’s underlying business metrics justify. The commentary highlighted a potential disconnect between market enthusiasm and intrinsic value, but did not provide additional financial or operational details.
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Company Overview
Allegro Microsystems, Inc. is headquartered in Manchester, United States. The company designs and manufactures semiconductor devices that provide power and sensing solutions for motion control applications. Its products are used worldwide by a broad customer base across various industries.
